Agent effort and real estate sales price outcomes: a comprehensive approach

Jason Beck, Heather R. Bono, Michael Toma

Research output: Contribution to journalArticlepeer-review

Abstract

This study presents the effects of real estate agent effort on single-family home sale prices using five proxies for agent effort. The analysis of nearly 19,000 homes sold in Chatham County, Georgia, from 2008 to 2021 identifies a positive relationship between agent effort and sale prices. These comprehensive findings align with previous empirical research considering fewer agent effort variables. Additionally, the degree of positive sentiment in the agent’s public comments increased sales prices.

Original languageEnglish
JournalApplied Economics Letters
DOIs
StatePublished - Apr 5 2025
Externally publishedYes

Scopus Subject Areas

  • Economics and Econometrics

Keywords

  • agency problem
  • Agent effort
  • hedonic
  • real estate brokerage

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