Agency Theory and the Changing Role of the Real Estate Broker: Conflicts and Possible Solutions

Gene A. Marsh and Leonard V. Zumpano ()
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Gene A. Marsh: Department of Economics, Finance and Legal Studies College of Commerce and Business Administration PO Box J University of Alabama Tuscaloosa, Alabama 34578, http://www.cba.ua.edu/
Leonard V. Zumpano: Department of Economics, Finance and Legal Studies College of Commerce and Business Administration PO Box J University of Alabama Tuscaloosa, Alabama 34578, http://www.cba.ua.edu/

Journal of Real Estate Research, 1988, vol. 3, issue 2, 151-164

Abstract: The evolving multifunction role of the real estate broker and the demands being placed upon brokers by both buyers and sellers is increasingly placing brokers in conflict with the laws governing their conduct as agents. This paper examines the nature of this conflict and evaluates proposed solutions to this problem.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1988
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Citations: View citations in EconPapers (9)

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