Brokerage Firm Competition in Real Estate Commission Rates

William C. Goolsby and Barbara J. Childs
Additional contact information
William C. Goolsby: Department of Finance The University of Tennessee, Knoxville Knoxville, Tennessee 37996, http://bus.utk.edu/finance/default.html
Barbara J. Childs: Department of Finance University of South Carolina Columbia, South Carolina 29208, http://www.badm.sc.edu/

Journal of Real Estate Research, 1988, vol. 3, issue 2, 79-85

Abstract: This paper attempts to provide an explanation for the variance in real estate commission rates by analyzing the interaction of the real estate commission and the selling price of properties. The data presented here strongly suggest that there is competition in the rate of commission charged by real estate brokerage firms.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1988
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Citations: View citations in EconPapers (10)

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