Psychological Factors Affecting Purchasing Decisions on the Real Estate Market

Authors

  • Piotr Bartkowiak Poznań University of Economics and Business, Department of Investment and Real Estate
  • Patrycja Potrawiak Eurocash, Komorniki
  • Jury G. Pavlenko Russian Academy of Sciences RAN Moscow, Institute of Economics

DOI:

https://doi.org/10.15678/ZNUEK.2018.0978.0609

Keywords:

behavioural aspects of real estate market, purchasing factors on the real estate market, purchasing decisions, property management

Abstract

The article discusses the identification and systematisation of factors which may affect purchase decisions on the real estate market, with a particular emphasis on behavioural factors. In the course of the conducted analysis, the decision-maker analyses factors related to real estate, but also psychological factors, among which the most significant are: motivations, emotions, attitudes, personality, learning, memory and perception. The work provides a review of the literature, seeking to identify factors that influence the decision making process on the real estate market.

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Published

2019-04-12

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