Investigating the Impact of Agency Disclosure on Home Prices

Steven Stelk and Leonard V. Zumpano

Journal of Housing Research, 2021, vol. 30, issue 2, 128-141

Abstract: Past studies found that passage of mandatory disclosure statutes did not improve real estate consumers’ reported receipt of agency disclosure. To date, the literature has not provided evidence that consumers are harmed when they do not receive agency disclosure. Using a nationwide dataset from 2012, this study offers three findings. First, the overall proportion of buyers reporting receipt of disclosure has still not improved. Second, receipt of disclosure among ethnic minorities has improved. Finally, there is no evidence that buyers who do not report receipt of agency disclosure pay different prices for homes than buyers who do report receiving disclosure.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10527001.2021.1985371 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rjrhxx:v:30:y:2021:i:2:p:128-141

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rjrh20

DOI: 10.1080/10527001.2021.1985371

Access Statistics for this article

Journal of Housing Research is currently edited by Kimberly Goodwin

More articles in Journal of Housing Research from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().