Do real estate agents have information advantages in housing markets?

Do real estate agents have information advantages in housing markets?

We use a large housing transaction data set in Singapore to study whether real estate agents use information advantages to buy houses at bargain prices. Agents bought their own houses at prices that are 2.54% lower than comparable houses bought by other buyers. Consistent with information asymmetrie...

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Bibliographic Details
Main Authors: AGARWAL, Sumit, HE, Jia, SING, Tien Foo, SONG, Changcheng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
Subjects:
Bargaining power
Housing market
Information advantages
Market distortion
Real estate agents
Finance
Finance and Financial Management
Real Estate
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/6379
https://ink.library.smu.edu.sg/context/lkcsb_research/article/7378/viewcontent/1_s20_S0304405X19301229_main.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/lkcsb_research/6379
https://ink.library.smu.edu.sg/context/lkcsb_research/article/7378/viewcontent/1_s20_S0304405X19301229_main.pdf

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