Cyclical Determinants of Brokerage Commission Rates

被引：5

作者：

Wiley, Jonathan A. ^{[1
]}

Benefield, Justin D. ^{[2
]}

Allen, Marcus T. ^{[3
]}

机构：

[1] Georgia State Univ, Dept Real Estate, J Mack Robinson Coll Business, Atlanta, GA 30303 USA

[2] Auburn Univ, Dept Finance, Coll Business, Auburn, AL 36849 USA

[3] Florida Gulf Coast Univ, Dept Econ & Finance, Lutgert Coll Business, Ft Myers, FL 33965 USA

来源：

JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS | 2014年 / 48卷 / 01期

关键词：

Real estate brokerage; Listing agreements; Commission rates; REAL-ESTATE SALESPERSONS; HOUSING-MARKET; COMPETITION; SERVICES; OTHERS; ECONOMIES; CONTRACTS; EARNINGS; MODEL;

D O I：

10.1007/s11146-012-9387-7

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study evaluates the determinants of percentage commission rates in the residential brokerage industry. The model developed here predicts that market share of the brokerage firm, property selling difficulty, and prevailing market conditions influence commission rates. Empirical analysis using a sample of 14,891 condominium transactions from the Fort Lauderdale, Florida area provides support for the model's predictions.

引用

页码：196 / 219

页数：24

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