50 Years of Research in Real Estate Brokerage: A Semi-Systematic Literature Review

Intermediaries are central to complex transactions. In housing markets, real estate brokers coordinate information flows, reduce search costs, and guide lay buyers and sellers through legal and financial steps. Despite this importance, scholarship on brokerage is dispersed across disciplines and methods. This paper presents a semi-systematic review of peer-reviewed articles published between 1970 and 2021. We map (i) study characteristics (country of origin and field), (ii) the distribution of units of analysis (individual, firm/organization, market), and (iii) the most frequently examined topics. Our synthesis indicates steadily rising academic interest but a fragmented knowledge base. We conclude by highlighting gaps—especially the scarcity of cross-country comparisons and the relative lack of qualitative and mixed-method studies on brokers’ practices and experiences.

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Journal
Real Estate
Published
2025-12-04
DOI
https://doi.org/10.3390/realestate2040021
Primary Topic
Housing Market and Economics
Type
article
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article

50 Years of Research in Real Estate Brokerage: A Semi-Systematic Literature Review

Björn Berggren, Neville Hurst, Martin Ahlenius
Real Estate
Housing Market and Economics
article

50 Years of Research in Real Estate Brokerage: A Semi-Systematic Literature Review

Björn Berggren, Neville Hurst, Martin Ahlenius
article en

Abstract

Intermediaries are central to complex transactions. In housing markets, real estate brokers coordinate information flows, reduce search costs, and guide lay buyers and sellers through legal and financial steps. Despite this importance, scholarship on brokerage is dispersed across disciplines and methods. This paper presents a semi-systematic review of peer-reviewed articles published between 1970 and 2021. We map (i) study characteristics (country of origin and field), (ii) the distribution of units of analysis (individual, firm/organization, market), and (iii) the most frequently examined topics. Our synthesis indicates steadily rising academic interest but a fragmented knowledge base. We conclude by highlighting gaps—especially the scarcity of cross-country comparisons and the relative lack of qualitative and mixed-method studies on brokers’ practices and experiences.

Real EstateVol. 2(4)
University of Gävle (SE), RMIT University (AU), KTH Royal Institute of Technology (SE)
Openalex Percentile: Top 55%
Housing Market and Economics
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50 Years of Research in Real Estate Brokerage: A Semi-Systematic Literature Review — Björn Berggren, Neville Hurst, et al. · Real Estate (2025) | TGRS Research Map | TGRS