Restricted access: Real estate agent response to client race, ethnicity, gender, and side of market

IF 2 3区 经济学 Q2 BUSINESS, FINANCE Real Estate Economics Pub Date : 2023-05-04 DOI:10.1111/1540-6229.12438
Andrew Hanson, Zackary Hawley
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Abstract

Abstract We design and implement a correspondence experiment to test for differences in real estate agent response across client race, ethnicity, gender, and side of market. Real estate agents are more likely to respond to White clients than Black or Hispanic clients—Whites have a 32.18% higher response rate than Hispanics and an 8.48% higher response rate than Black clients. We also find that real estate agents are more responsive to sellers (23.81% premium over buyers) and female clients (13.57% premium over males).
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限制准入:房地产经纪人对客户种族、民族、性别和市场方面的反应
摘要:本文设计并实施了一个对应实验,以检验房地产经纪人在客户种族、民族、性别和市场方面的反应差异。房地产经纪人比黑人或西班牙裔客户更有可能回应白人客户——白人的回应率比西班牙裔客户高32.18%,比黑人客户高8.48%。我们还发现,房地产经纪人对卖方(比买方高23.81%)和女性客户(比男性高13.57%)的反应更灵敏。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
4.00
自引率
13.60%
发文量
44
期刊介绍: As the official journal of the American Real Estate and Urban Economics Association, Real Estate Economics is the premier journal on real estate topics. Since 1973, Real Estate Economics has been facilitating communication among academic researchers and industry professionals and improving the analysis of real estate decisions. Articles span a wide range of issues, from tax rules to brokers" commissions to corporate real estate including housing and urban economics, and the financial economics of real estate development and investment.
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