IDEAS home Printed from
   My bibliography  Save this paper

The Impact of New Information Technologies on the Commercial Brokerage Industry: Phase II: E-Business Initiatives in the Commercial Brokerage and Listing Space


  • Joseph Gyourko
  • Asuka Nakahara


This report summarizes the state of activity in the on-line commercial brokerage and listing spaces by reporting on the sites of over two dozen existing and prospective companies. The sites analyzed represent a broad array of ideas and concepts. Most efforts are focused in the listings area. Whether these firms survive as independent entities or are merged into more traditional companies, it seems clear that that the development of the World Wide Web has changed the efficiency with which that part of the brokerage process is conducted. Fewer firms are focused on conducting transactions electronically. However, there are a small number of efforts being made not only to effect transactions on the Web, but to impact the entire supply chain in real estate brokerage. The first sign of a distinct discount brokerage model also is apparent in our review. Given how important this development was for e-businesses in the stock brokerage sector, it bears close scrutiny going forward.

Suggested Citation

  • Joseph Gyourko & Asuka Nakahara, "undated". "The Impact of New Information Technologies on the Commercial Brokerage Industry: Phase II: E-Business Initiatives in the Commercial Brokerage and Listing Space," Zell/Lurie Center Working Papers 377, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania.
  • Handle: RePEc:wop:pennzl:377

    Download full text from publisher

    File URL:
    Download Restriction: Access to the full text of the articles in this series is restricted

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wop:pennzl:377. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.