Housing sales of real estate
developers in Turkey
Murat Selim Selvi
Department of Business Administration, Faculty of Economics and Administrative
Sciences, Tekirdag Namik Kemal University, Tekirda g, Turkey
Aykut Pajo
Department of Business Administration, Pınarhisar Vocational School,
Kırklareli University, Kirklareli, Turkey, and
Ceyda Çakir and Emre Demir
Department of Business Administration, Institute of Social Sciences,
Tekirdag Namik Kemal University, Tekirda g, Turkey
Abstract
Purpose – Because of competition, residential property developers use a variety of promotional tools to gain
recognition and increase their market share and the demand for housing, and to manage their customer
relations. This study aims to examine what real estate developers did to detect the need for types of housing,
and pricing and promoting housing. It also sought clues about how they manage customer relations in
residential sales.
Design/methodology/approach – In this study, semi-structured interviews were conducted with real
estate developers. This study has heuristic characteristics based on qualitative data. Document reviews,
descriptive analysis and discourse analysis were carried out on the interview data and other sources. As
purposeful sampling is generally used in qualitative studies; intensity sampling, homogeneous sampling,
criterion sampling and snowball sampling were used together in this study.
Findings – The study found that real estate developers were inadequate at advertising and promoting,
allocated little budget for promotion and did not use technology sufficiently. The real estate developers gave
discounts at rates that did not actually desire, had to create payment plans, and as a result, they lost
customers because they could not manage customer relations well.
Research limitations/implications – Interviews were conducted with 15 real estate developers who
have been selling residential properties for more than 10years in Süleymanpasa and Çorlu districts of
Tekirdag. Data obtained are mostly qualitative.
Originality/value – This study aimed to determine real estate developers’ ability to implement a variety of
promotional strategies and manage customer relations. Results and conclusions can offer significant clues
about real estate developers with similar characteristics. Its conclusions of this study can be compared to
similar studies of real estate developers in many regions of Turkey.
Keywords Marketing, Real estate, Housing markets, Housing prices, Housing market analysis
Paper type Research paper
Although the real estate developers in the Süleymanpas a and Çorlu districts requested that their
names not be disclosed, The authors would like to thank them for sharing their opinions, knowledge
and experiences, for answering their questions sincerely during the interviews and for contributing
so much to this study
Housing sales
of real estate
developers
Received 13 December 2019
Revised 14 February 2020
Accepted 18 February 2020
International Journal of Housing
Markets and Analysis
© Emerald Publishing Limited
1753-8270
DOI 10.1108/IJHMA-12-2019-0123
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