The role of business forums in the exchange of experience and professional development of real estate professionals

Vladislav Ryabov *

Managing partner of NT Properties and General director of Park M-11, Moscow, Russia.
 
Review
International Journal of Science and Research Archive, 2024, 13(01), 983–988.
Article DOI: 10.30574/ijsra.2024.13.1.1458
Publication history: 
Received on 30 July 2024; revised on 17 September 2024; accepted on 20 September 2024
 
Abstract: 
This study examines the role of business forums in facilitating knowledge exchange and professional development among real estate specialists. Employing an integrated theoretical framework based on knowledge management, social capital, and andragogy concepts, the research analyzes the specific mechanisms through which business forums contribute to skill development, network expansion, and market adaptability. The study utilizes a comprehensive literature review and conceptual analysis to identify key forum formats and their effectiveness. Findings reveal that business forums serve as multifaceted platforms for professional growth, offering benefits such as access to current industry trends, expert knowledge, and networking opportunities. However, limitations including knowledge fragmentation and selective participation are also noted. The research contributes to the understanding of informal learning in the real estate sector and provides practical recommendations for maximizing the efficacy of business forums in professional development strategies. This novel approach bridges theoretical perspectives with practical industry applications, offering insights for both academics and practitioners in the field.
 
Keywords: 
Real estate; Business forums; Professional development; Knowledge exchange; networking; Industry trends; Skill acquisition; Social capital; Andragogy; Informal learning
 
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