DA-10 - GIS&T and Real Estate
Real Estate GIS concerns all dimensions of real estate that can be better understood or operationalized by knowing its geospatial context. Improving real estate decisions via GIS and related geospatial technologies is now expected by management of all industries, as well as home-renters and home-buyers in the residential market. Real Estate GIS Specialists are individuals who have applied knowledge and skills across the disciplines of business geography, the practice of real estate, and the application of geospatial technologies to support decision making in this realm. There is a good reason why the mantra of “location, location, location” is a long-standing tenet within the business of real estate.
DA-38 - GIS&T and Retail Business
Where should a retail business occur or locate within a region? What would that trade area look like? Should a retail expansion occur and how would that affect sales of other nearby existing locations? Would a new retail location have the right demographic or socio-economic customer base to be profitable? These are important questions for retailers to consider. Within the evolving landscape of GIS, there is more geospatial data than ever before about the potential customer. In retail, the application of maps and mapping technology is growing to include commercial real estate, logistics, and marketing to name a few. There has been an increased momentum across commercial applications for geospatial technologies delivered in an easy to comprehend format for a variety of end users.