Buying decision process for a house Essay

The consumer decision making impact involves following five st dayss 1. Problem acknowledgement2. Information search3. valuation of alternatives4. obtain decision5. Post-purchase behaviorProblem credit With my shifting from India, for the purpose of studies and being with my intelligence and daughter-in-law, and also imminent birth of my grandkid, the set rented apartment of two bed agency is likely to be too clog up for all of us. This factor along with advance of my sons financial affordability to deliver a theatre, led us to shut that we needed a bigger independent, angiotensin-converting enzyme family house in a honorable neighborhood.Information search a. Search for veracious neighborhood criteria towns having good schools in the vicinity of dental business of son. Search base on the opinion of friends and relatives (personal) and online search (commercial). b. Having finalized a fewer towns, other search criteria for meddlesome appropriate house were used w hich include size of the house, condition of house and age of the house, and budget, in the selected towns. Again the sources of information were authorized estate websites, such as Zillow, lead to brokers ( maven of them was selected based on reviews of his/her services) and independent search. Having failed to station existing house of our choice, we started looking for some other option.c. The next option was constructing a house in a selected locality by dint of a builder contractile organ. The contractor was once again finalized on the basis of online reviews regarding contractors quality of whirl and fairness in dealings. The contractor suggested a few sites (consideration set). angiotensin-converting enzyme of them was selected (decision horizontal surface) on the basis of location, vastu shashtra, the science of architecture and construction. d. Next stage was pickax of figure and design of house based on the availability of funds. For funds banks were approached for pre-approval, according to our need. Having resolute the budget for the house, contractors proposals for few designs and facilities in the proposed house (consideration set) were examined.Evaluation and alternatives This stage was used three clocks in the process 1. When already constructed houses were considered, evaluations of different houses shown by the agent led to rejection of all the proposals. 2. Evaluation of miscellaneous sites, led to selection of one of the sites based on vastu shashtra (beliefs) and location. 3. Evaluation of heterogeneous designs proposed by the builder contractor, led to selection of a design depending on our budget, facilities, and requirements/expectations. acquire decision The final selection (purchase decision) was do on the factors listed above as nearly as on the opinion of the family, through and through joint consultations. Bank loan approvals, on the basis of design, estimate submitted by the contractor and credit history of the bo rrower, were obtained. The contractor started construction with necessary inputs from us from time to time as the construction progressed.Post-purchase use We atomic number 18 delighted at the pace of construction, apropos completion and quality. We recommend the contractor to our friends. The divers(a) stages of purchase decisions were used in various sub-purchases, such as kitchen appliances, kitchen cabinets and countertops, electric fixtures, tiles and carpets, sprinkler system, and so forth