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Leading Residential Real Estate Sales Agents and Market Performance

Author: James E. Larsen

Start Page: 241
End Page: 249
Volume: 6
Issue Number: 2
Year: 1991
Publication: Journal of Real Estate Research

Abstract: This paper reports the results of an empirical study conducted to determine whether leading residential real estate agents, as a group, follow various pricing and/or selling strategies that may enhance the amount of commissions generated. The results indicate that some of the success enjoyed by leading agents is attributable to the fact that they deal in higher value properties compared to other agents. However, controlling for differences in property characteristics and other factors, no other significant strategic differences are discovered between leading agents and others.

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