Discuss the relevant advantages and disadvantages of quantitative and Essay

Discuss the relevant advantages and disadvantages of quantitative and qualitative methods in the context of real estate research - Essay Example Nowadays, independent research and innovative solutions are provided by a number of companies that have resulted in the noteworthy advancement of the real estate industry. Such companies provide independent fiduciary services, information related to investment opportunities, litigation, counseling, and research services that facilitate the real estate providers in various capacities. (Dalphin, pp. 16-19) In this sector of real estate research, it is very imperative that such companies may have access to detailed knowledge and data related to the trends of real estate industry, as it is very important that proper research should be carried out to provide investment opportunities to the clients. All these companies have to continue their research and keep it up to date, in order to survive in the real estate industry. In this regard, proper methodologies of research play an important and crucial role in acquiring proper information according to the requirements of the clients and customers. In this paper, some of the research methodologies will be described, discussed, and compared, in order to understand the effectiveness, strengths, and weaknesses of the techniques that will be helpful for the real estate industry in the future. In terms of definition, quantitative properties and their relationships are investigated scientifically in a systematic manner with the facilitation of quantitative methodology during a research project. In addition, mathematical models and hypotheses are developed and employed during the quantitative research. One of the concerns during the implementation of a quantitative methodology is that natural phenomena are considered during the employment of different hypotheses. Moreover, experiential and mathematical expressions are collected in a quantitative relationship through a fundamental connection of measurements. Both natural sciences and social