Saturday, October 9, 2010
Anupam Randa (University of Reading) and Katherine A. Pancak (Connecticut--Business--Center for Real Estate & Urban Economic Studies) have posted Real Estate Brokers’ Duties to Their Clients: Why Some States Mandate Minimum Service Requirements, published in Cityscape, Vol. 12, No. 2, p. 105, 2010. The abstract:
This study attempts to determine why certain states have adopted real estate broker minimum service laws in the United States. The federal government and academic literature assume that such laws were the result of anticompetitive industry collusion and, therefore, serve no consumer protection justification. Using hazard models and state data over 8 years, however, we find that factors reflecting state brokerage influence - strong industry associations and broker membership on licensing boards - do not result in the enactment of minimum service laws. Factors suggesting consumer protection motivations - greater number of complaints against brokers, stricter prelicensing requirements, and a Democratic state legislature - increase the likelihood of law adoption.
This blog is an Amazon affiliate. Help support Land Use Prof Blog by making purchases through Amazon links on this site at no cost to you.
- Stephen R. Miller on Why are building inspectors so often on the take?
- Josh Hightree on What makes people leave rural areas, and what makes them stay
- Jessica Shoemaker on What makes people leave rural areas, and what makes them stay
- Jamie Baker Roskie on Why are building inspectors so often on the take?
- Stephen R. Miller on What makes people leave rural areas, and what makes them stay
- Water Down Under: A Report from Australia by Barbara Cosens: Post 5: Indigenous Rights to Water and Capacity Building
- Land Use Law-Related Articles Posted on SSRN in February
- March 4-6: Stanford 2015 Rural West Conference: Preservation and Transformation: The Future of the Rural West
- March 3 - J.B. Ruhl to deliver Boehl Distinguished Lecture in Land Use Policy at U Louisville Law
- Is this blog post "advertising"? California's bar proposes bright-line rule for regulating attorney blogs