Jud, G. Donald; Seaks, Terry G.; Winkler, Daniel T. - In: Journal of Real Estate Research 12 (1996) 3, pp. 447-458
IThis paper examines the impact of brokers, brokerage firms and marketing strategy on time on the market (TOM) in the residential housing market. Using a duration model methodology, the study finds duration dependence to be positive, suggesting that the probability of sale increases with TOM....