The effects of the internet on marketing residential real estate

被引:34
|
作者
Ford, JS
Rutherford, RC
Yavas, A
机构
[1] Univ Texas, Dept Finance, San Antonio, TX 78249 USA
[2] Penn State Univ, Smeal Coll Business, University Pk, PA 16802 USA
关键词
internet; residential real estate; search; marketing real estate; MLS and internet; probit and sample selection; 2SLS;
D O I
10.1016/j.jhe.2005.06.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines how listing properties on the internet in addition to listing the same properties on the multiple listing service affects the marketing time and price of the properties. Our results, based on a sample of 48,280 residential transactions, indicate that houses listed on the internet take slightly longer to sell and also sell for marginally higher prices. These results, while small in magnitude, are consistent with our theoretical model. (c) 2005 Elsevier Inc. All rights reserved.
引用
收藏
页码:92 / 108
页数:17
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