Are Brokers' Commission Rates on Home Sales Too High? A Conceptual Analysis

Many people believe that prevailing commission rates for residential real estate brokers are quot;too highquot; but do not offer a formal model. This paper presents a general equilibrium model of the housing market in which real estate brokers serve as matching intermediaries. We use this model to construct an illustrative example which is quot;calibratedquot; using data representative of a typical housing market

MoreLess

Year of publication:	[1998]
Authors:	Arnott, Richard J.
Other Persons:	Anglin, Paul M. (contributor)
Publisher:	[1998]: [S.l.] : SSRN
Description of contents:	Abstract [papers.ssrn.com]

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 1995 erstellt Volltext nicht verfügbar
Classification:	R31 - Housing Supply and Markets ; D83 - Search, Learning, Information and Knowledge
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012790974