| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13360 |
| 来源ID | Working Paper 13360 |
| The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com | |
| Igal Hendel; Aviv Nevo; François Ortalo-Magné | |
| 发表日期 | 2007-09-06 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | We compare outcomes obtained by sellers who listed their home on a newly developed For-Sale-By-Owner (FSBO) web site versus those who used an agent and the Multiple Listing Service (MLS). We do not find support for the hypothesis that listing on the MLS helps sellers obtain a significantly higher sale price. Listing on the MLS shortens the time it takes to sell a house. The diffusion of the new FSBO platform was quick, with the market share stabilizing after 2 years, suggesting it managed to gain a critical mass necessary to compete with the MLS. However, the lower effectiveness of FSBO (in terms of time to sell and probability of a sale) suggests that the increasing returns to network size are not fully exploited at its current size. We discuss the welfare implications of our findings. |
| 主题 | Industrial Organization ; Market Structure and Firm Performance ; Industry Studies ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w13360 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571032 |
| 推荐引用方式 GB/T 7714 | Igal Hendel,Aviv Nevo,François Ortalo-Magné. The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com. 2007. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13360.pdf（176KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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