Factors Influencing Purchase of Pre-owned home from estate market place in North Cyprus – An Empirical Study

ABSTRACT: This thesis examines 25 important factors, about pre-owned home selection criteria, in North Cyprus estate market (construction sector) empirically. Totally, 178 respondents, dwelling at various areas, are participated in this survey. Descriptive analyses by means of computing mean scores,...

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Bibliographic Details
Main Author: Oladi, Fatemeh
Format: Thesis
Language:English
Published: Eastern Mediterranean University (EMU) - Doğu Akdeniz Üniversitesi (DAÜ) 2013
Subjects:
Online Access:http://hdl.handle.net/11129/1881
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Summary:ABSTRACT: This thesis examines 25 important factors, about pre-owned home selection criteria, in North Cyprus estate market (construction sector) empirically. Totally, 178 respondents, dwelling at various areas, are participated in this survey. Descriptive analyses by means of computing mean scores, one-sided t-test, as well as ANOVA analysis are conducted, to investigate and compare the pre-owned home selection criteria. The Results display that warranty offered is satisfactory, safety futures and facilities, such as central heating and cooling are the most important factors influencing on pre-owned home selection criteria, whilst historical value of home, swimming pool, garage door opener and door bells are the least significant factors. The results, which are based on gender and age, also reveal that construction company name warranty offered is satisfactory, location, and promotional offer are statistically significant and have the highest influences on pre-owned home selection criteria. However, current advertising effect, plumbing system and crime rate is low in the area, having less impact on pre-owned home selection criteria. Keywords: pre-owned home selection factors, estate market place, construction sector, t-test, ANOVA analysis, North Cyprus economy. ………………………………………………………………………………………………………………………… ÖZ: Bu tez ikinci-el ev satın alma faktörlerini kullanarak Kuzey Kıbrıs inşaat söktöründeki önemini inceler. Ev piyasasın’da (İnşaat söktörün’de) 178 kişiyi hedef alınmıştır. Ortalama değerler, t değerleri ve ANOVA analizi hesaplanarak bu faktörlerin burada yaşayan kişiler üzerindeki etkisi mukayese edilmiştir. Ampirik Sonuçlar genel olarak garanti belgesi, merkezi ısıtma ve soğutma ve güvenlik kriterleri en önemli nedenlerinden olduğunu göstermektedir. Bir evin tarihsel değeri, yüzme havuzu ve garaj gibi faktörler en az etkileyen nedenlerinden olduğunu ampirik olarak ortaya koymaktadır. Yaş ve cinsiyet üzerinden yapılan analizlerde tam olarak etkileyen faktörler ise garanti belgesi, konum, ve satış promosyonlarının etkisi olarak tespit ediliyor. Buna ilaveten, reklamın etkisi, su tesisatları gibi faaliyetler ile cürüm oranı çok az etkileyen faktörlerdendir. Keywords: İkinci-el ev satın alma kriterleri, Ev piyasası, inşaat söktörü, t-testi, ANOVA analizi, Kuzey Kıbrıs Ekonomisi. Master of Business Administration. Thesis (M.B.A.)--Eastern Mediterranean University, Faculty of Business and Economics, Dept. of Business Administration, 2013. Supervisor: Assoc. Prof. Dr. Sami Fethi.