The Determinants of REALTOR Income

Michael Glower and Patric Hendershott
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Michael Glower: Hagerty Hall 1775 College Road The Ohio State University Columbus, Ohio 43210, http://www.cob.ohio-state.edu/

Journal of Real Estate Research, 1988, vol. 3, issue 2, 53-68

Abstract: The theory of human capital suggests that one's wage varies positively with ones formal education and informal training. A common proxy for informal training is experience. In the real estate industry, other measures of skills include being a broker, working in fields other than residential, and being a manager. Our empirical analysis of a random sample of 481 Ohio REALTORS yields results consistent with the theory.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1988
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Citations: View citations in EconPapers (22)

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