{"id":509,"date":"2020-04-27T22:16:45","date_gmt":"2020-04-27T14:16:45","guid":{"rendered":"http:\/\/localhost:8888\/?p=509"},"modified":"2025-12-28T05:41:27","modified_gmt":"2025-12-27T21:41:27","slug":"can-real-estate-brokers-affect-home-prices-under-extreme-market-conditions","status":"publish","type":"post","link":"https:\/\/www.gssinst.org\/irer\/2020\/04\/27\/can-real-estate-brokers-affect-home-prices-under-extreme-market-conditions\/","title":{"rendered":"Can Real Estate Brokers Affect Home Prices Under Extreme Market Conditions?"},"content":{"rendered":"\t\t
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Article<\/div>

Can Real Estate Brokers Affect Home Prices Under Extreme Market Conditions?<\/p>

Author<\/p>

Start Page \/ End Page<\/p>

Volume<\/p>

Issue Number<\/p>

Year<\/p>

Publication<\/p><\/div>

<\/p>

Steven Stelk, Leonard V. Zumpano<\/p>

51 \/ 73<\/p>

20<\/p>

1<\/p>

2017<\/p>

International Real Estate Review<\/p><\/div>

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Abstract<\/p>


This study investigates the impact of the brokerage market on home prices in both a seller’s market (2006) and a buyer’s market (2009). In both years, homes sold with brokerage assistance realized higher prices when compared with homes sold without the aid of a broker, even after controlling for selection bias in the seller’s choice to use a broker. This is the first study that uses a national dataset from extreme boom and bust markets that has documented evidence of price segmentation in the residential real estate market. The findings may be the result of the market conditions in 2006 and 2009.<\/p>

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View PDF -https:\/\/doi.org\/10.53383\/100235<\/strong><\/a><\/p>

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Keywords<\/p>

<\/p>

Residential real estate market, intermediation, broker’s effect on price, different market conditions<\/p>

Back to Previous Page<\/a><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

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Author<\/p>\n

Start Page \/ End Page<\/p>\n

Volume<\/p>\n

Issue Number<\/p>\n

Year<\/p>\n

Publication<\/p>\n<\/div>\n

\n<\/p>\n

Steven Stelk, Leonard V. Zumpano<\/p>\n

51 \/ 73<\/p>\n

20<\/p>\n

1<\/p>\n

2017<\/p>\n

International Real Estate Review<\/p>\n<\/div>\n

Keywords<\/p>\n

Residential real estate market, intermediation, broker’s effect on price, different market conditions<\/p>\n

Download Entire Article.\"download-pdf-large\" <\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"article-template.php","format":"standard","meta":[],"categories":[51,50],"tags":[],"_links":{"self":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/509"}],"collection":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/comments?post=509"}],"version-history":[{"count":4,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/509\/revisions"}],"predecessor-version":[{"id":5026,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/509\/revisions\/5026"}],"wp:attachment":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/media?parent=509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/categories?post=509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/tags?post=509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}