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International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470
2. Integrated Financial Solutions
Ø Incorporate mortgage calculators, loan pre-approval tools, and financial comparison modules to simplify the financing
process.
Ø Enable secure rent payment portals and automated rent collection systems for tenants and landlords.
Ø Offer real-time financial status updates for buyers, sellers, and renters.
3. Secure Document Management and Transactions
Introduce a secure, blockchain-based document management system to handle contracts, ownership records, and compliance
documents.
Ø Enable e-signature functionality for faster and more efficient transactions.
Ø Provide automated compliance checks to reduce legal risks and ensure accuracy in documentation.
4. Comprehensive Features for Sellers
Ø Create tools for dynamic pricing suggestions based on market trends and property-specific factors.
Ø Implement targeted marketing capabilities to improve property visibility and attract qualified buyers or renters.
Ø Offer analytics to monitor listing performance and optimize strategies for selling or renting properties.
IV. PROPOSED RESEARCH MODEL
The proposed research model for RealEstateConnect focuses on understanding, designing, and validating the platform's
features and benefits for stakeholders. The model integrates theoretical foundations, empirical validation, and technological
frameworks to ensure the platform's functionality aligns with stakeholder needs and enhances their experience. Below is an
outline of the proposed research model:
1. Conceptual Framework
Ø Core Dimensions:
• Usability: User experience and ease of navigation.
• Functionality: Features supporting buyers, sellers, renters, and real estate professionals.
• Security: Trust mechanisms like blockchain and data encryption.
• Efficiency: Streamlined processes, such as search, transactions, and documentation.
• Satisfaction: User satisfaction with overall platform performance.
Ø Research Constructs:
• Independent Variables: Technological features (search engine, financial tools, blockchain, etc.).
• Dependent Variables: User engagement, transaction completion rate, and stakeholder satisfaction.
• Moderating Variables: User demographics, prior experience, and market trends.
2. Research Objectives
• To identify and evaluate the features that address the specific needs of buyers, sellers, and renters.
• To analyze the impact of blockchain technology on trust and transparency in property transactions.
• To assess the effectiveness of integrated financial and document management tools in reducing transaction time.
• To measure user satisfaction and adoption rates through surveys and real-world pilot testing.
3. Methodology
Ø Research Design:
• Mixed-methods approach combining qualitative and quantitative research.
Ø Data Collection:
§ Qualitative:
• Stakeholder interviews to gather insights into pain points and feature preferences.
§ Quantitative:
• Surveys with structured questionnaires targeting users of real estate platforms.
• System logs and analytics from platform prototypes during pilot testing.
4. Technological Framework
Ø Platform Components:
• Advanced AI algorithms for property recommendations and market analysis.
• Blockchain for secure and transparent property records and transactions.
• APIs for third-party integrations (e.g., payment gateways and financial institutions).
IJTSRD | Special Issue on Emerging Trends and Innovations in Web-Based Applications and Technologies Page 367