Residential real estate brokerage as a principal-agent problem

• 1 June 1991
• journal article
• Published by Springer Nature in The Journal of Real Estate Finance and Economics
• Vol. 4  (2) , 99-125
• https://doi.org/10.1007/bf00173119

Abstract

Keywords

• DEALER
• REAL ESTATE BROKER
• MORAL HAZARD
• PRINCIPAL-AGENT
• COMMISSION
• ADVERSE SELECTION