Two-Sided Platforms and the 6 Percent Real Estate Broker Commission

Since brokers operate a two-sided platform for trading homes, this model explains the 6 real estate broker commission and implies that commission rates should be higher where price-rent ratios are higher.

Authors

Publication Details

Journal
Federal Reserve Bank of Richmond Working Papers
Published
2025-06-24
DOI
https://doi.org/10.21144/wp25-05
Citations
1
Primary Topic
3D Modeling in Geospatial Applications
Type
article
Field-Weighted Citation Impact
0.00
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article

Two-Sided Platforms and the 6 Percent Real Estate Broker Commission

Borys Grochulski, Zhu Wang
1 citations
Federal Reserve Bank of Richmond Working Papers
3D Modeling in Geospatial Applications
article

Two-Sided Platforms and the 6 Percent Real Estate Broker Commission

Borys Grochulski, Zhu Wang
article en
1 citations

Abstract

Since brokers operate a two-sided platform for trading homes, this model explains the 6 real estate broker commission and implies that commission rates should be higher where price-rent ratios are higher.

Federal Reserve Bank of Richmond Working PapersVol. 25(05)
Openalex Percentile: Top 85%
3D Modeling in Geospatial Applications
DOIOpen Access PDFOpenAlex
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Two-Sided Platforms and the 6 Percent Real Estate Broker Commission — Borys Grochulski, Zhu Wang · Federal Reserve Bank of Richmond Working Papers (2025) | TGRS Research Map | TGRS