The Impact of Commissions on Home Sales in Greater Boston
American Economic Review: Papers & Proceedings 100 (May 2010): 475–479
5 Pages Posted: 10 Jul 2019
Date Written: January 9, 2010
This paper analyzes information on all listed nonrental residential properties within a 15-mile radius of downtown Boston from 1998 to 2007. It shows that a higher commission is associated with a higher likelihood of sale, a modest impact on the days on the market and overall no effect on
the sales price.
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