Matching of buyers and sellers by brokers: A comparison of alternative commission structures

Real Estate Economics

Volumn 24, Issue 1, 1996, Pages 97-112

  Yavas, Abdullah ^a  

^a PENNSYLVANIA STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0030556465     PISSN: 10808620     EISSN: None     Source Type: Journal    
DOI: 10.1111/1540-6229.00682     Document Type: Article

References (15)

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2. Anglin, P.M. and R. Arnott. 1991. Residential Real Estate Brokerage as a Principal-Agent Problem. Journal of Real Estate Finance and Economics 4: 99-125.
3. Arnold, M.A. 1992. The Principal-Agent Relationship in Real Estate Brokerage Services. Journal of the American Real Estate and Urban Economics Association 20: 89-106.
4. Ball, J.N. and H.O. Nourse. 1988. Testing the Conventional Representation Model for Residential Real Estate Brokerage. The Journal of Real Estate Research 3: 119-131.
5. Geltner, D., B.D. Kluger and N.G. Miller. 1992. Incentive Commissions in Residential Real Estate Brokerage. Journal of Housing Economics 2: 139-158.
6. Miceli, T.J. 1992. The Welfare Effects of Non-Price Competition Among Real Estate Brokers. Journal of the American Real Estate and Urban Economics Association 20: 519-532.
7. Quan, D.C. and J.M. Quigley. 1991. Price Formation and the Appraisal Function in Real Estate Markets. Journal of Real Estate Finance and Economics 4: 127-146.
8. Roth, A. and M.O. Sotomayor. 1990. Two-Sided Matching: A Study in Game-Theoretic Modeling and Analysis. Cambridge University Press.
9. Wu, C. and P.F. Colwell. 1986. Equilibrium of Housing and Real Estate Brockerage Markets Under Uncertainty. Journal of the American Real Estate and Urban Economics Association 14: 1-23.
10. Yavas, A. 1992. A Simple Search and Bargaining Model of Real Estate Markets. Journal of the American Real Estate and Urban Economics Association 20: 533-548.
11. _. 1994a. Middlemen in Bilateral Search Markets. Journal of Labor Economics 12: 406-429.
12. _. 1994b. Economics of Brokerage: An Overview. Journal of Real Estate Literature 2: 169-195.
13. _. 1995a. Can Brokerage Have an Equilibrium Selection Role? Journal of Urban Economics 37: 17-37.
14. _. 1995b. Seller-Broker Relationship as a Double Moral Hazard Problem. Journal of Housing Economics 4: 244-263.
15. Zorn, T.S. and J.E. Larsen. 1986. The Incentive Effects of Flat-Fee and Percentage Commissions for Real Estate Brokers. Journal of the American Real Estate and Urban Economics Association 14: 24-47.