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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12587 |
DP12587 Real-Estate Agent Commission Structure and Sales Performance | |
Pieter A. Gautier; Arjen Siegmann; Aico van Vuuren | |
发表日期 | 2018-01-13 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Do higher real-estate agent fees imply better performance? This study uses a nation-wide data set of residential real-estate transactions in the Netherlands from 1985 to 2011 to provide evidence against this. Brokers with a flat fee structure who charge an up-front fee (which is substantially lower than the average fee of traditional brokers) and leave the viewings to the seller sell faster and at -on average- 2.7 percent higher prices. We correct for fixed house- and time effects. We provide additional evidence that sellers who chose for a flat fee broker were the ones who benefitted most from them. |
主题 | Financial Economics ; Industrial Organization ; Labour Economics |
关键词 | Real-estate brokers Broker incentives Housing Agency |
URL | https://cepr.org/publications/dp12587 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541398 |
推荐引用方式 GB/T 7714 | Pieter A. Gautier,Arjen Siegmann,Aico van Vuuren. DP12587 Real-Estate Agent Commission Structure and Sales Performance. 2018. |
条目包含的文件 | 条目无相关文件。 |
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