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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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2019
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| Subjects: | |
| 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 |