The New Information Function in the Real Estate Brokerage Market

E-Commerce in the Real Estate Brokerage Industry

Executive Summary. This article summarizes the results of a survey of 150 real estate firms designed to examine how they are attempting to adapt to the Internet and to assess their perceptions regarding its potential. Results indicate a dramatic rise (50%) in the number of firms using the Internet during the second and third quarter of 1999, and that an increasingly significant portion of those...

The contribution of a mature real estate market to urban regeneration: What are the prerequisites?

the test for adverse selection in life insurance market: the case of mellat insurance company

انتخاب نامساعد یکی از مشکلات اساسی در صنعت بیمه است. که ابتدا در سال 1960، توسط روتشیلد واستیگلیتز مورد بحث ومطالعه قرار گرفت ازآن موقع تاکنون بسیاری از پژوهشگران مدل های مختلفی را برای تجزیه و تحلیل تقاضا برای صنعت بیمه عمر که تماما ناشی از عدم قطعیت در این صنعت میباشد انجام داده اند .وهدف از آن پیدا کردن شرایطی است که تحت آن شرایط انتخاب یا کنار گذاشتن یک بیمه گزار به نفع و یا زیان شرکت بیمه ...

The Market for Real Estate Brokerage Services in Low- and High-Income Neighborhoods: A Six-City Study

In this article, we examine the market structure for real estate brokerage services across six large metropolitan statistical areas (MSAs) to see whether low-income neighborhoods, or neighborhoods where house prices are low, are as well served by real estate professionals as higher income or higher priced neighborhoods. We collect more than 300,000 real estate listings and compute the Herfindah...

Pricing in an illiquid real estate market

Using a repeat sales data set, this paper tests whether a single small seller can influence the selling price of their house. We find that this influence exists and that it dominates the influence of commonly-used market conditions. Since the estimated magnitude of this effect is much higher than expected, we verify the estimate using several supplementary tests. JEL: C78, D80, R21, R31