Housing Market Conditions, Listing Choice and MLS Market Share
研究了住房市场中卖方选择多重挂牌、独家挂牌或自行出售的影响因素，发现市场低迷时更倾向使用多重挂牌服务。
In some housing markets, a seller may hire a broker to multiple list or exclusively list a property for sale or may bypass the brokerage industry and list the property privately as a “sale by owner.” This article introduces a new model that illustrates the factors which will impact on the broker's and seller's preferred type of listing. An implication of the model is that if the choice is available, sellers and real estate brokers will employ a multiple listing service more often during slower market periods where the volume of sales is low and properties are more difficult to sell. An empirical analysis of Vancouver data yields results consistent with these arguments.