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Real Estate Commons

Open Access. Powered by Scholars. Published by Universities.®

Longwood University

2006

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Full-Text Articles in Real Estate

Minimizing Market Duration: The Strategic Selection Of The Listing Brokerage Firm, David L. Ellis Jr. Jan 2006

Minimizing Market Duration: The Strategic Selection Of The Listing Brokerage Firm, David L. Ellis Jr.

Theses & Honors Papers

Approximately five million homes are sold each year with every seller having similar objectives; to minimize the duration of the marketing period while simultaneously maximizing sales price. Once the decision to sell has been made, individuals are faced with the dilemma of marketing and selling the property themselves or acquiring the services of a real estate professional to assist in the sale of their property. It is logical to speculate that homeowners wishing to acquire the services of a real estate broker or salesperson will desire to select a salesperson that can help achieve the optimization objective of minimizing time …