G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12587
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
URLhttps://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.
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