Uncertainty, Efficiency, and the Brokerage Industry

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Previous articleNext article No AccessUncertainty, Efficiency, and the Brokerage IndustryMichael S. KnollMichael S. Knoll Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by The Journal of Law and Economics Volume 31, Number 1Apr., 1988 Sponsored by The University of Chicago Booth School of Business and The University of Chicago Law School Article DOIhttps://doi.org/10.1086/467156 Views: 8Total views on this site Citations: 18Citations are reported from Crossref Copyright 1988 The University of ChicagoPDF download Crossref reports the following articles citing this article:Lu Han, William C. Strange The Microstructure of Housing Markets, (Jan 2015): 813–886.https://doi.org/10.1016/B978-0-444-59531-7.00013-2Oz Shy Real Estate Brokers and Commission: Theory and Calibrations, The Journal of Real Estate Finance and Economics 45, no.44 (Dec 2010): 982–1004.https://doi.org/10.1007/s11146-010-9296-6Oz Shy Real Estate Brokers and Commission: Theory and Calibrations, SSRN Electronic Journal (Jan 2009).https://doi.org/10.2139/ssrn.1475315Mark J. Garmaise, Tobias J. Moskowitz Informal Financial Networks: Theory and Evidence, Review of Financial Studies 16, no.44 (Aug 2003): 1007–1040.https://doi.org/10.1093/rfs/hhg025Leonard Zumpano The Possible Consequences of Bank Entry into the Real Estate Brokerage Market: What the Research Tells Us, Journal of Real Estate Literature 10, no.22 (Jun 2020): 243–262.https://doi.org/10.1080/10835547.2002.12090115Carl Gwin, Seow-Eng Ong, Carol Gwin Seller versus Broker: Timing of Promotion, Journal of Real Estate Research 24, no.11 (Jun 2020): 27–46.https://doi.org/10.1080/10835547.2002.12091085Timothy Jares, James Larsen, Thomas Zorn An Optimal Incentive System For Real Estate Agents, Journal of Real Estate Research 20, no.1-21-2 (Jun 2020): 49–60.https://doi.org/10.1080/10835547.2000.12091035Danielle Lewis, Randy Anderson Residential Real Estate Brokerage Efficiency and the Implications of Franchising: A Bayesian Approach, Real Estate Economics 27, no.33 (Sep 1999): 543–560.https://doi.org/10.1111/1540-6229.00783Randy Anderson, Robert Fok, Leonard Zumpano, Harold Elder Measuring the Efficiency of Residential Real Estate Brokerage Firms, Journal of Real Estate Research 16, no.22 (Jun 2020): 139–158.https://doi.org/10.1080/10835547.1998.12090946C.F. Sirmans, Geoffrey K. Turnbull Brokerage Pricing under Competition, Journal of Urban Economics 41, no.11 (Jan 1997): 102–117.https://doi.org/10.1006/juec.1996.1095T.L Yang, Joseph Trefzger, Lawrence Sherman A Microeconomic Study of Commercial Real Estate Brokerage Firms, Journal of Real Estate Research 13, no.22 (Jun 2020): 177–194.https://doi.org/10.1080/10835547.1997.12090871Paul M. Anglin Contracts for the sale of residential real estate, The Journal of Real Estate Finance and Economics 8, no.33 (May 1994): 195–211.https://doi.org/10.1007/BF01096991ABDULLAH YAVAŞ Economics of Brokerage: An Overview, Journal of Real Estate Literature 2, no.22 (Jun 2020): 169–195.https://doi.org/10.1080/10835547.1994.12090040Leonard V. Zumpano, Harold W. Elder, Glenn E. Crellin The market for residential real estate brokerage services: Costs of production and economies of scale, The Journal of Real Estate Finance and Economics 6, no.33 (May 1993): 237–250.https://doi.org/10.1007/BF01096960 Saul Levmore Commissions and Conflicts in Agency Arrangements: Lawyers, Real Estate Brokers, Underwriters, and Other Agents' Rewards, The Journal of Law and Economics 36, no.1, Part 21, Part 2 (Oct 2015): 503–539.https://doi.org/10.1086/467287 Alan O. Sykes Some Thoughts on the Real Estate Puzzle: Comment on Levmore, "Commissions and Conflicts in Agency Arrangements: Lawyers, Real Estate Brokers, Underwriters, and Other Agents' Rewards", The Journal of Law and Economics 36, no.1, Part 21, Part 2 (Oct 2015): 541–551.https://doi.org/10.1086/467288Michael A. Arnold The Principal-Agent Relationship in Real Estate Brokerage Services, Real Estate Economics 20, no.11 (Mar 1992): 89–106.https://doi.org/10.1111/1540-6229.00573Thomas J. Miceli The Optimal Duration of Real Estate Listing Contracts, Real Estate Economics 17, no.33 (Sep 1989): 267–277.https://doi.org/10.1111/1540-6229.00491