Restructuring Agency Relationships in the Real Estate Brokerage Industry: An Economic Analysis
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- Thomas S. Zorn & James E. Larsen, 1986. "The Incentive Effects of Flat‐Fee and Percentage Commissions for Real Estate Brokers," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 14(1), pages 24-47, March.
- Gene A. Marsh & Leonard V. Zumpano, 1988. "Agency Theory and the Changing Role of the Real Estate Broker: Conflicts and Possible Solutions," Journal of Real Estate Research, American Real Estate Society, vol. 3(2), pages 151-164.
- Thomas J. Miceli, 1988. "Information Costs and the Organization of the Real Estate Brokerage Industry in the U.S. and Great Britain," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 16(2), pages 173-188, June.
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- Salant, Stephen W, 1991. "For Sale by Owner: When to Use a Broker and How to Price the House," The Journal of Real Estate Finance and Economics, Springer, vol. 4(2), pages 157-173, June.
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- Levmore, Saul, 1993. "Commissions and Conflicts in Agency Arrangements: Lawyers, Real Estate Brokers, Underwriters, and Other Agents' Rewards," Journal of Law and Economics, University of Chicago Press, vol. 36(1), pages 503-539, April.
- Abdullah Yavas & Thomas J. Miceli & C.F. Sirmans, 2001. "An Experimental Analysis of the Impact of Intermediaries on the Outcome of Bargaining Games," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 29(2), pages 251-276.
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Cited by:
- Thomas Miceli & Katherine Pancak & C. Sirmans, 2007.
"Is the Compensation Model for Real Estate Brokers Obsolete?,"
The Journal of Real Estate Finance and Economics, Springer, vol. 35(1), pages 7-22, July.
- Thomas J. Miceli & Katherine A. Pancak & C. F. Sirmans, 2006. "Is the Compensation Model for Real Estate Brokers Obsolete?," Working papers 2006-23, University of Connecticut, Department of Economics.
- Suvorov Anton & Tsybuleva Natalia, 2010.
"Advice by an Informed Intermediary: Can You Trust Your Broker?,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-35, November.
- Anton Suvorov & Natalia Tsybuleva, 2008. "Advice by an Informed Intermediary: Can You Trust Your Broker?," Working Papers w0121, New Economic School (NES).
- Anton Suvorov & Natalia Tsybuleva, 2008. "Advice by an Informed Intermediary: Can You Trust Your Broker?," Working Papers w0121, Center for Economic and Financial Research (CEFIR).
- Bruce L. Gordon & Michael J. Seiler & Ralph Siebert & Daniel T. Winkler, 2022. "Do Real Estate Contingency Clauses Affect Selling Price and Time-on-the-Market?," CESifo Working Paper Series 9947, CESifo.
- Gianluigi Giustiziero, 2021. "Is the division of labor limited by the extent of the market? Opportunity cost theory with evidence from the real estate brokerage industry," Strategic Management Journal, Wiley Blackwell, vol. 42(7), pages 1344-1378, July.
- Han, Lu & Strange, William C., 2015. "The Microstructure of Housing Markets," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 813-886, Elsevier.
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JEL classification:
- L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
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