Real estate brokers: do they inflate housing prices? The case of France

The article discusses a study which investigates the impact of real estate brokers on the price of residential properties sold in 2077 in France. The results show that brokers modify the prices of properties they sell. It stresses that the price impact of brokers varies by the property size and the socio-occupational categories of the buyer. It also suggests that the age, the localization,and the construction period are the main determinants of the decision to use real estate brokers.

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Year of publication:	2011-03
Authors:	Simon, Arnaud ; Violand, Wendy ; Kasbi, Salma
Institutions:	Université Paris-Dauphine (Paris IX)
Subject:	Agents immobiliers \| Immobilier \| Real estate agents \| Real estate business

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Series:	Economics Papers from University Paris Dauphine.
Type of publication:	Book / Working Paper
Notes:	Published in Bankers, Markets & Investors, 2011, no. 111. pp. 27-41.Length: 14 pages
Classification:	L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L85 - Real Estate Services ; R31 - Housing Supply and Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010960530