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Brokerage Pricing under Competition

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  • Sirmans, C. F.
  • Turnbull, Geoffrey K.
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    File URL: http://www.sciencedirect.com/science/article/B6WMG-45KKSCK-12/2/446c5b931cdcca0183b20d0e18dadc1e
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Urban Economics.

    Volume (Year): 41 (1997)
    Issue (Month): 1 (January)
    Pages: 102-117

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    Handle: RePEc:eee:juecon:v:41:y:1997:i:1:p:102-117

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    Web page: http://www.elsevier.com/locate/inca/622905

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Peter F. Colwell & David W. Marshall, 1986. "Market Share in the Real Estate Brokerage Industry," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 14(4), pages 583-599.
    2. Horowitz, Joel L., 1986. "Bidding models of housing markets," Journal of Urban Economics, Elsevier, Elsevier, vol. 20(2), pages 168-190, September.
    3. James E. Larsen & Won J. Park, 1989. "Non-Uniform Percentage Brokerage Commissions and Real Estate Market Performance," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 17(4), pages 422-438.
    4. Michael A. Arnold, 1992. "The Principal-Agent Relationship in Real Estate Brokerage Services," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 20(1), pages 89-106.
    5. Thomas J. Miceli, 1992. "The Welfare Effects of Non-Price Competition Among Real Estate Brokers," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 20(4), pages 519-532.
    6. Chunchi Wu & Peter F. Colwell, 1986. "Equilibrium of Housing and Real Estate Brokerage Markets Under Uncertainty," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 14(1), pages 1-23.
    7. Bartlett, Randall, 1981. "Property Rights and the Pricing of Real Estate Brokerage," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 30(1), pages 79-94, September.
    8. John H. Crockett, 1982. "Competition and Efficiency in Transacting: The Case of Residential Real Estate Brokerage," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 10(2), pages 209-227.
    9. William C. Goolsby & Barbara J. Childs, 1988. "Brokerage Firm Competition in Real Estate Commission Rates," Journal of Real Estate Research, American Real Estate Society, American Real Estate Society, vol. 3(2), pages 79-85.
    10. John R. Knight & C.F. Sirmans & Geoffrey K. Turnbull, 1994. "List price signaling and buyer behavior in the housing market," Proceedings, Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Philadelphia, pages 177-195.
    11. Michael Carney, 1982. "Costs and Pricing of Home Brokerage Services," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 10(3), pages 331-354.
    12. Schroeter, John R., 1987. "Competition and Value-Of-Service Pricing in the Residential Real Estate Brokerage Market," Staff General Research Papers, Iowa State University, Department of Economics 11116, Iowa State University, Department of Economics.
    13. Zuehlke, Thomas W, 1987. "Duration Dependence in the Housing Market," The Review of Economics and Statistics, MIT Press, MIT Press, vol. 69(4), pages 701-04, November.
    14. Horowitz, Joel L, 1992. "The Role of the List Price in Housing Markets: Theory and an Econometric Model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 7(2), pages 115-29, April-Jun.
    15. Marsha L. Richins & William C. Black & C.F. Sirmans, 1987. "Strategic Orientation and Marketing Strategy: An Analysis of Residential Real Estate Brokerage Firms," Journal of Real Estate Research, American Real Estate Society, American Real Estate Society, vol. 2(2), pages 41-54.
    16. Knoll, Michael S, 1988. "Uncertainty, Efficiency, and the Brokerage Industry," Journal of Law and Economics, University of Chicago Press, University of Chicago Press, vol. 31(1), pages 249-63, April.
    17. Yinger, John, 1981. "A Search Model of Real Estate Broker Behavior," American Economic Review, American Economic Association, American Economic Association, vol. 71(4), pages 591-605, September.
    18. Drago, Robert & Turnbull, Geoffrey K, 1991. "Market Incentives and Work Incentives: The Question of Flexible Production," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(1), pages 77-83, February.
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    Cited by:
    1. Bruce, Donald & Santore, Rudy, 2006. "On optimal real estate commissions," Journal of Housing Economics, Elsevier, Elsevier, vol. 15(2), pages 156-166, June.
    2. Thomas J. Miceli & Katherine A. Pancak & C. F. Sirmans, 2006. "Is the Compensation Model for Real Estate Brokers Obsolete?," Working papers, University of Connecticut, Department of Economics 2006-23, University of Connecticut, Department of Economics.
    3. John D. Benjamin & G. Donald Jud & G. Stacy Sirmans, 2000. "Real Estate Brokerage and the Hosting Market: An Annotated Bibliography," Journal of Real Estate Research, American Real Estate Society, American Real Estate Society, vol. 20(1), pages 217-278.
    4. Jonathan Wiley & Justin Benefield & Marcus Allen, 2014. "Cyclical Determinants of Brokerage Commission Rates," The Journal of Real Estate Finance and Economics, Springer, Springer, vol. 48(1), pages 196-219, January.
    5. John D. Benjamin & G. Donald Jud & G. Stacy Sirmans, 2000. "What Do We Know About Real Estate Brokerage?," Journal of Real Estate Research, American Real Estate Society, American Real Estate Society, vol. 20(1), pages 5-30.
    6. David Barker, 2008. "Ethics and Lobbying: The Case of Real Estate Brokerage," Journal of Business Ethics, Springer, Springer, vol. 80(1), pages 23-35, June.
    7. Abdullah Yavas, 2001. "Impossibility of a Competitive Equilibrium in the Real Estate Brokerage Industry," Journal of Real Estate Research, American Real Estate Society, American Real Estate Society, vol. 21(3), pages 187-200.
    8. John Benjamin & Peter Chinloy & Daniel Winkler, 2007. "Sorting, Franchising and Real Estate Brokerage Firms," The Journal of Real Estate Finance and Economics, Springer, Springer, vol. 34(2), pages 189-206, February.

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