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Publications

Publications

Filter Results: (16) Arrow Down
Filter Results: (16) Arrow Down Arrow Up

Show Results For

  • All HBS Web  (16)
    • News  (4)
    • Research  (9)
  • Faculty Publications  (7)

Show Results For

  • All HBS Web  (16)
    • News  (4)
    • Research  (9)
  • Faculty Publications  (7)
Page 1 of 16 Results
  • December 1996
  • Supplement

Realtor Information Network

By: Clayton M. Christensen and Bret J. Baird
Citation
Find at Harvard
Related
Christensen, Clayton M., and Bret J. Baird. "Realtor Information Network." Harvard Business School Supplement 697-051, December 1996.
  • June 2025
  • Article

Collusion in Brokered Markets

By: John William Hatfield, Scott Duke Kominers and Richard Lowery
High commissions in the U.S. residential real estate agency market present a puzzle for economic theory because brokerage is not a concentrated industry. We model brokered markets as a game in which agents post prices for customers and then choose which other agents to... View Details
Keywords: Real Estate Agents; Real Estate; Realtors; Broker Networks; Brokerage; Brokerage Commissions; "Brokerage Industry; Brokered Markets; Brokering; Brokers; Industrial Organization; Repeated Game Framework; "Repeated Games"; Collusion; Antitrust; Microeconomics; Market Design; Theory; Game Theory; Real Estate Industry
Citation
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Hatfield, John William, Scott Duke Kominers, and Richard Lowery. "Collusion in Brokered Markets." Journal of Finance 80, no. 3 (June 2025): 1417–1462.
  • March 2023
  • Article

Not from Concentrate: Collusion in Collaborative Industries

By: Jordan M. Barry, John William Hatfield, Scott Duke Kominers and Richard Lowery
The chief principle of antitrust law and theory is that reducing market concentration—having more, smaller firms instead of fewer, bigger ones—reduces anticompetitive behavior. We demonstrate that this principle is fundamentally incomplete.

In many... View Details
Keywords: Antitrust; Antitrust Law; Antitrust Theory; Law And Economics; Collusion; Collaboration; Collaborative Industries; Regulation; "Repeated Games"; IPOs; Initial Public Offerings; Underwriters; Real Estate; Real Estate Agents; Realtors; Syndicated Markets; Syndication; Brokers; Market Concentration; Competition; Law; Economics; Collaborative Innovation and Invention; Governing Rules, Regulations, and Reforms; Game Theory; Initial Public Offering
Citation
SSRN
Related
Barry, Jordan M., John William Hatfield, Scott Duke Kominers, and Richard Lowery. "Not from Concentrate: Collusion in Collaborative Industries." Iowa Law Review 108, no. 3 (March 2023): 1089–1148.
  • August 2019 (Revised April 2021)
  • Case

Zillow Offers: Winning Online Real Estate 2.0

By: Luis Viceira, Marco Di Maggio and Allison Ciechanover
Founded in 2005, Zillow had become the leading online real estate and home-related marketplace. The brand was recognized as a trusted resource for players in the real estate market, providing information and transparency on home prices. Revenue, which was historically... View Details
Keywords: Real Estate; Corporate Culture; Intermediation; Brokerage; Startup; Evaluating Business Investments; Property; Information Technology; Business Model; Expansion; Business Startups; Real Estate Industry; Media and Broadcasting Industry; United States
Citation
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Viceira, Luis, Marco Di Maggio, and Allison Ciechanover. "Zillow Offers: Winning Online Real Estate 2.0." Harvard Business School Case 220-021, August 2019. (Revised April 2021.)
  • Web

Publications - Faculty & Research

Estate ; Realtors ; Broker Networks ; Brokerage ; Brokerage Commissions ; Brokerage Industry ; Brokered Markets ; Brokering ; Brokers ; Industrial Organization ; Repeated Game Framework ; Repeated Games ; Collusion ; Antitrust ;... View Details
  • 2006
  • Working Paper

The Value of a 'Free' Customer

By: Sunil Gupta, Carl F. Mela and Jose M. Vidal-Sanz

Central to a firm's growth and marketing policy is the revenus and profit potential of its customer assets. As a result, there has been a recent proliferation of work regarding customer lifetime value. However, extant research in this area is silent regarding how to... View Details

Keywords: Customer Value and Value Chain; Auctions; Network Effects; Business Strategy
Citation
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Related
Gupta, Sunil, Carl F. Mela, and Jose M. Vidal-Sanz. "The Value of a 'Free' Customer." Harvard Business School Working Paper, No. 07-035, December 2006.
  • Web

Entrepreneurial Management - Faculty & Research

Keywords: Real Estate Agents ; Real Estate ; Realtors ; Broker Networks ; Brokerage ; Brokerage Commissions ; Brokerage Industry ; Brokered Markets ; Brokering ; Brokers ; Industrial Organization ; Repeated Game Framework ; Repeated Games... View Details
  • 05 Dec 2023
  • Research & Ideas

Are Virtual Tours Still Worth It in Real Estate? Evidence from 75,000 Home Sales

virtual tour can cost as little as $300 or less, or many thousands for realtors willing to hire a professional to photograph a large home. Roughly 22 percent of houses used virtual tours. To break down those listings further, the authors... View Details
Keywords: by Rachel Layne; Real Estate
  • Web

Industry Information - Alumni

Association of Realtors Data from the National Association of Realtors - topical sections include government affairs, research, law and policy, technology, and education. The Research section has data and... View Details
  • Fast Answer

Home sales (existing)

and 3,000+ submarkets. Real Capital Analytics (RCA) records over $40 trillion in commercial property transactions tied to 200,000+ investor and lender profiles, spanning diverse property types and global markets. The National Association of View Details
  • 01 Sep 2024
  • News

Alumni Books

Edited by Margie Kelley Alumni Books 20+ Years of Urban Rebuilding: Lessons from the Revival of Lower Manhattan after 9/11 By Patrice Derrington (MBA 1991) and Rosemary Scanlon (PMD 42, 1981) Routledge Following the destruction of the World Trade Center and the... View Details
  • 11 Oct 2022
  • Research & Ideas

Shrinking the Racial Wealth Gap, One Mortgage at a Time

borrowers are defaulting less.” Before recent interest rate hikes, American homeowners had been reaping the benefits of record home prices, cashing out amid a buying frenzy. However, data from the National Association of Realtors showed... View Details
Keywords: by Rachel Layne; Financial Services
  • 29 Apr 2013
  • Research & Ideas

Are First-Time Buyers Left Out of Real Estate’s Rebound?

Department of Housing and Urban Development, the primary agency for dealing with affordable housing in this country, is about $35 billion. Realtors say the sky will fall if we end the mortgage interest deduction—that it would adversely... View Details
Keywords: Construction; Real Estate
  • 20 Oct 2016
  • News

Smart Moves

INRIX analytics offer similar benefits to corporate customers, Mistele adds, providing greater efficiencies to company fleet operations, commuting time estimates to realtors and home buyers, hourly traffic patterns to retailers and... View Details
Keywords: Robert S. Benchley; Support Activities for Transportation; Transportation
  • 19 Dec 2006
  • First Look

First Look: December 19, 2006

settings include job agencies (whose customers include both job seekers and listers), realtors (whose clients include home sellers and purchasers), and auction houses (whose customers include buyers and sellers). Customers such as buyers... View Details
Keywords: Sean Silverthorne
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