This paper examines how seller pricing decisions influence listing contract length and how these decisions affect price and liquidity in housing markets. Because list price affects broker effort required to sell the property, brokers respond to seller overpricing by increasing their desired...

This paper examines how seller pricing decision influence listing contract length and how these decision affect price and liquidity in housing markets. Because list price affects broker effort required to sell the property, brokers respond to seller overpricing by increasing the negotiated...

This study examines racial and ethnic discrimination in discrete choices by real estate brokers using national audit data from the 2000 Housing Discrimination Study. It uses a fixed-effects logit model to estimate the probability that discrimination occurs and to study the causes of...

Introduction: Value, Preferences, and Inequality in the Housing Market -- Benevolence, Interest, and Establishing Authority -- Romancing the Home -- Malleable Prices -- Real Estate Agents and Neighborhood Inequalities -- Conclusion: Making Preferences, Making Prices, and Making Neighborhoods.