Real Estate Brokers and the Courts

Illinois Real Estate Brokers: The Duties of Disclosure and Accuracy

Real Estate Brokers and Commission: Theory and Calibrations

Real Estate Brokers and Commission: Theory and Calibrations Oz Shy Abstract: The author constructs a theoretical model to examine the effects of an inherent conflict of interest between a seller of a house and the real estate broker hired by the seller. The model is then used to calibrate the broker’s commission rates that would maximize the seller’s expected gain. The findings suggest that w...

Fringe Benefits Compensation of Real Estate Agents and Brokers*

Fringe benefits compensation offered by employers has grown rapidly over the past 50 years. Research in this area has been primarily limited to hourly and salaried employees. This study examines employer-based fringe benefits compensation of real estate agents and brokers. A model is developed that jointly estimates the income, hours worked, and fringe benefits compensation. The findings indica...

Using an Ordered Probit Regression Model to Assess the Performance of Real Estate Brokers

The ordered probit regression model is used to investigate domestic real estate brokers in Taiwan, in order to determine the factors affecting the listings of realtors and provide a reference for the domestic real estate brokerage market. Based on empirical analysis, this study found that the Wald Chi-Square of six independent variables reached a significance level of 5%, while the other two in...

New Jersey Real Estate Brokers Have a Duty to Inspect and Warn