A note on licensing and the market for real estate agents

被引：4

作者：

Jud, GD ^{[1
]}

Winkler, DT ^{[1
]}

机构：

[1] Univ N Carolina, Bryan Sch Business & Econ, Greensboro, NC 27412 USA

来源：

JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS | 2000年 / 21卷 / 02期

关键词：

occupational licensor; earnings; broker income; entry borrowers;

D O I：

10.1023/A:1007844010486

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study develops and estimates a model of real estate agent demand and supply. The estimates of the model show that the licensing examination pass rate and the educational requirements set by state licensing boards affect the numbers and incomes of real estate agents. The study further shows that the demand for agents is related to economic activity in the housing market and that the supply of agents is very elastic with respect to agent earnings.

引用

页码：175 / 184

页数：10

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