房地產(chǎn)相關(guān)外文翻譯--通過(guò)房地產(chǎn)經(jīng)紀(jì)人決定買房子-外文文獻(xiàn)(文件)
【正文】 , and the second for the forsalebyowner (FSBO) separation could permit the maintenance of housingprice differentials between the two groups of consumers. If selection bias is present, and housing prices are higher for brokerlisted properties, the price differences observed could be attributed to the predisposition of buyers using a broker to pay more for their homes. If no selection bias is present, the higher prices may represent the value added by the broker which the buyers are willing to pay for. Alternatively, no price differentials may exist due to the petitive impact of FSBOs on the prices paid for brokerassisted transactions. 6 The choice of whether to use a broker and its subsequent effect on price is modeled using a Heckman twostage model. In the first stage, a probit equation is employed to model the decision to choose a real estate broker. The decision is modeled as a function of eight variables. Buyer ine (AINC) is employed as a measure of the opportunity cost of search. It has already been shown that buyer search duration can be reduced by working with a real estate broker. If higher ine buyers have higher opportunity costs, we would expect that they would choose to buy through a real estate broker. Source: Leonard ,Harold ,Edward . Journal of Real Estate Finance and Economics. Academic Publishers,13:169181. 7 譯文： 通過(guò) 房地產(chǎn)經(jīng)紀(jì)人 決定 買房子 簡(jiǎn)介 房地產(chǎn)經(jīng)紀(jì)人究竟是做什么的，為什么購(gòu)房者會(huì)激 發(fā)他們的服務(wù)呢？在通常情況下，這是一個(gè)不容易回答的問(wèn)題。1 中文 3000 字 本科畢業(yè)設(shè)計(jì)（論文） 外 文 翻 譯 原文： Buying a House and the Decision to Use a Real Estate Broker Introduction What is it that residential real estate brokers do and why would a home buyer engage their services? As is often the case,answering this question is not a simple task. Home buyers who acquire their house through a broker do not purchase just a housethey also obtain the services of the broker. In other words, these buyers are consuming a bundled good. One dimension of this good is lower search time, and thus lower search costs, associated with buying through a broker. Recent research (Baryla and Zumpano, 1995) suggests that choosing a broker improves the marginal efficiency of search, making it more likely that a buyer will find a satisfactory match earlier in the search process. Buying through a broker also increases the supply of houses available to buyers, and provides buyers with information on the quality of different houses and the neighborhoods in which they are located. Brokers frequently help buyers identify sources of mortgage financing and property insurance, as well as assist buyers in recording the title. All of these services suggest that brokers provide value added to buyers (in addition to providing a service to sellers), something that these buyers would be willing to pay , this bundle of services and the house that is purchased would, intuitively, be priced higher than homes purchased without the assistance of a broker. Several studies (Janssen and Jobson, 1980。其實(shí)購(gòu)房者在通過(guò)經(jīng)紀(jì)人買房子的過(guò)程中買到的不僅僅是房子，而同時(shí)是在取得經(jīng)紀(jì)人的服務(wù)。 通過(guò)經(jīng)紀(jì)人買房子增加了可供購(gòu)房者選擇的房源，購(gòu)房者還可以向經(jīng)紀(jì)人提出 自己對(duì)房子的要求，如要求的房屋的質(zhì)量以及希望房屋的街道位置。 一些學(xué)者注意到買家對(duì)于那些業(yè)主代理上市的房子會(huì)支付更多。因此，問(wèn)題 是 業(yè)主輔助銷售是否會(huì)導(dǎo)致價(jià)格的提高。 第一步，買方?jīng)Q定是否聘請(qǐng) 一個(gè) 協(xié)助搜 尋房屋的服務(wù) 經(jīng)紀(jì)人 。這種方法需要提供相關(guān)決定因素的信息才能確定住宅的價(jià)格。 我們的研究結(jié)果表明，通過(guò)經(jīng)紀(jì)人買房的買家的確要比不通過(guò)經(jīng)紀(jì)人的買家支付更多的費(fèi)用。當(dāng)這些買家決定使用經(jīng) 紀(jì)人來(lái)買房時(shí)，他們也并不打算為此而付更多的錢，并且有一些證據(jù)表明，他們實(shí)際支付的錢比不使用經(jīng)紀(jì)人協(xié)助的買家要來(lái)的少。但很少有研究試圖衡量房地產(chǎn)經(jīng)紀(jì)人對(duì)住房市場(chǎng)
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