Information frictions in real estate markets: recent evidence and issues

D Broxterman, T Zhou - The Journal of Real Estate Finance and …, 2023 - Springer
This article reviews research on the economics of information in real estate. It covers equity
investment in private and public markets and intermediation by brokers. The review shows …

Heterogeneous real estate agents and the housing cycle

S Gilbukh, P Goldsmith-Pinkham - The Review of Financial …, 2024 - academic.oup.com
The real estate market is highly intermediated, with 90% of buyers and sellers hiring an
agent. However, low barriers to entry and fixed commission rates result in large market …

Dynamic operating efficiency and its determining factors of listed real‐estate companies in China: A hierarchical slack‐based DEA‐OLS approach

EFE Atta Mills, MA Baafi, F Liu… - International Journal of …, 2021 - Wiley Online Library
This study uses a dynamic slacks‐based measure (SBM) model in a data envelopment
analysis (DEA) framework with surplus reserve and accounts receivable as desirable and …

For-Sale-by-Owner Platforms and Intermediation Pricing: Evidence from a Natural Experiment

Q Wang - Marketing Science, 2024 - pubsonline.informs.org
Intermediary agents play a crucial role in connecting sellers and buyers across various
markets. However, the emergence of digital platforms has provided more affordable …

Proptech: A qualitative analysis of online real estate brokerage agencies in Spain

JC Asensio-Soto, E Navarro Astor - Intangible Capital, 2022 - riunet.upv.es
[EN] Purpose: The arrival of new companies that are more technological and scalable to the
real estate sector has caused a revolution in a very conservative and not very innovative …

Analyzing the initial reactions to national association of realtors settlement on broker commissions in 2024

BK Akcam, E Kibis, Z Akcam-Kibis - Journal of Real Estate Practice …, 2024 - Taylor & Francis
This research article analyzes the reactions to the National Association of Realtors®
settlement in 2024 on broker commissions. The study focuses on examining the sentiment of …

Conflicts of interest and agent heterogeneity in buyer brokerage

L Kryzanowski, Y Wu, T Zhou - Real Estate Economics, 2023 - Wiley Online Library
This article investigates the incentives of agents working with buyers (buying agents) under
the fixed percentage commission system and the implications on housing market outcomes …

A Novel Data Analytics Methodology for Analyzing Real Estate Brokerage Markets with Case Study of Dubai

AS Al Abdulsalam, MMAB Al Hashemi… - …, 2024 - search.proquest.com
Despite the vast economic impact of real estate markets worldwide, research on real estate
brokerage markets remains limited. Specifically, there are few studies that provide a …

Collusion in brokered markets

JW Hatfield, SD Kominers, R Lowery - Harvard Business School …, 2019 - papers.ssrn.com
The US residential real estate agency market presents a puzzle for economic theory:
commissions on real estate transactions have remained high for decades even though entry …

Does Personal Financial Distress Affect Workers' Performance? Evidence From Real Estate Agents

C Lin, MJ Seiler, L Yang - Journal of Real Estate Research, 2024 - Taylor & Francis
This study examines how personal financial distress affects workers' performance. Using the
real estate brokerage industry as a setting and personal bankruptcy filing as a proxy for …