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Wachter, 1987 - Google Patents

Residential real estate brokerage: rate uniformity and moral hazard

Wachter, 1987

Document ID
2823164410798483099
Author
Wachter S
Publication year
Publication venue
Rsch. in L. & Econ.

External Links

Snippet

In residential real estate, brokerage services are typically sold as a package at a uniform percentage commission rate, within local communities. Without entry barriers, nonprice competition raises brokerage costs to equal commission revenues. The traditional regime of …
Continue reading at heinonline.org (other versions)

Classifications

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    • G06Q30/00—Commerce, e.g. shopping or e-commerce
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    • G06Q10/00—Administration; Management
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    • G06Q30/00—Commerce, e.g. shopping or e-commerce
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