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Agency Theory and the Changing Role of the Real Estate Broker: Conflicts and Possible Solutions

Authors: Gene A. Marsh and Leonard V. Zumpano

Start Page: 151
End Page: 164
Volume: 3
Issue Number: 2
Year: 1988
Publication: Journal of Real Estate Research

Abstract: The evolving multifunction role of the real estate broker and the demands being placed upon brokers by both buyers and sellers is increasingly placing brokers in conflict with the laws governing their conduct as agents. This paper examines the nature of this conflict and evaluates proposed solutions to this problem.

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