Property Development: Agency Theory – What does agency ‘theory’ help you understand within the context of real estate development? How might you illustrate this understanding through a case study of a development project?

Agency theory helps us understand the principal-agent relationships and conflicts that can arise in real estate development, particularly with regards to how agents may prioritize their own interests over the principal’s interests. It highlights the importance of aligning incentives and monitoring agent behavior to ensure that decisions and actions are in the best interest of the principal.

Place your Order Now for a more detailed, plagiarism free and customised response with necessary citations/ references.