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Buyers in the property market often use an agent who is employed by the seller to assist their home searches. This unique and widely used agency arrangement in the property market is known as “sellers’ agents”. While principal-agent theory advocates that buyers should directly hire their...
Persistent link: https://www.econbiz.de/10014086350
Conventional wisdom suggests that non-local buyers usually pay a premium for home purchases. While the standard contract theory predicts that non-local buyers may pay such a price premium because of the higher cost of gathering information, behavioral economists argue that the premium is due to...
Persistent link: https://www.econbiz.de/10014086359
While governments around the world are embarking on the path to recovery from the COVID-19 crisis, sustainable tourism planning is crucial, in particular in the hospitality sector, which enhances the resilience of destinations. However, many destination management models overlook the role of...
Persistent link: https://www.econbiz.de/10014086363
Over the past decade, the global rise of home-sharing platforms such as Airbnb has catalysed the process of “touristification” in major cities. “Touristification” is a term which has been recently used to describe a process which leads to the transformation of a community into a tourism...
Persistent link: https://www.econbiz.de/10014236803
Since the outbreak of COVID-19, work-from-home (WFH) and e-commerce have become much more common in many cities. Many news reports have contended that households are leaving city centres and moving into bigger and better houses in the suburbs or rural areas. This emerging trend has been...
Persistent link: https://www.econbiz.de/10014239458
Shared equity homeownership is a housing finance model that uses public investments to subsidise families with modest incomes to purchase homes. However, the shared equity model is argued to constrain homeowners from moving because of its resale period and price restrictions. While many studies...
Persistent link: https://www.econbiz.de/10014239550
Achieving higher urban density has become a core principle of the contemporary planning profession as a part of sustainable city development. Both positive and negative externalities of housing density are well-recognised in urban studies. However, very little is known about the net housing...
Persistent link: https://www.econbiz.de/10014243664
Purpose – Omni-channel marketing in the retail environment involves the integration of multi-channel marketing activities to provide a unified and holistic shopping experience to customers. The purpose of this paper is to understand the impact of omni-channel marketing in the retail...
Persistent link: https://www.econbiz.de/10014244188
Co-living was commonly considered inferior compared to single-family occupied homes. However, with the chic of sharing economy and the sophistication of online peer-to-peer accommodation platforms, co-living has become more common and popular nowadays. Yet, there have been very few empirical...
Persistent link: https://www.econbiz.de/10014262005
Property technology has ushered in new possibilities for the real estate industry, including the use of virtual reality (VR) technologies by real estate agents when marketing properties. Previous studies have identified factors in determining purchase intents within a virtual setting, but little...
Persistent link: https://www.econbiz.de/10014030392