SELLER VERSUS BROKER: TIMING OF PROMOTION

Carl R. Gwin, Seow Eng Ong () and Carol F. Gwin

ERES from European Real Estate Society (ERES)

Abstract: Sellers and brokers may differ in preferred timing of costly promotion. Sellers with holding costs are anxious to sell. Sellers with showing costs want a slower approach. We find a standard listing contract where the broker chooses promotion timing is efficient if sellers have no significant holding or showing Costs.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2000-06-01
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Related works:
Journal Article: Seller versus Broker: Timing of Promotion (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2000_047

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