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Brokerage Firm Competition in Real Estate Commission Rates

Authors: William C. Goolsby and Barbara J. Childs

Start Page: 79
End Page: 85
Volume: 3
Issue Number: 2
Year: 1988
Publication: Journal of Real Estate Research

Abstract: This paper attempts to provide an explanation for the variance in real estate commission rates by analyzing the interaction of the real estate commission and the selling price of properties. The data presented here strongly suggest that there is competition in the rate of commission charged by real estate brokerage firms.

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