This chapter surveys the literature on the microstructure of housing markets. It considers one-
sided search, random matching, and directed search models. It also examines the …

This paper discusses the problem of double-ending fraud in real estate transactions–a type
of transactional fraud wherein agents handling real estate transactions unfairly benefit (eg …

We investigate housing market distortions with the collusion of agents. The agency problem
where agents sell clients' houses with price discounts while selling their own homes with …

Using a sample of CCIM designees and candidates in an experimental setting, this study
examines the impact of broker signaling in commercial real estate transactions. It also …

Due to the heterogeneous nature of real estate assets, housing market is characterized by a
sequential search and seller's optimal strategies. This paper provides a side-by-side …

We investigated how real estate selling behaviors and transaction outcomes vary with
sellers' motivations. By exploring a unique dataset of residential sales in Beijing, China, we …

We focus on the housing market and examine why nonlocal home buyers pay 12% more for
houses than local home buyers. We established a database on the residential housing …

This study is a short research note that sets the theoretical foundation of an agent's
contribution to a real estate sale transaction. We argue that an agent's contribution with …

This study develops a theoretical model examining the relation between housing market
strength and brokerage choice. Our model shows that although internal transactions (where …

This paper studies the value of clean air by analyzing the effect of China's clean air policy.
By exploiting the cross-city variation in the timing of policy implementation and using a panel …