Abstract
The real estate brokerage industry has always been confronted with three tricky issues related to information asymmetry. The various business models adopted in different parts of the world at different periods in the history of real estate brokerage could only solve two of the issues at the most. This is the so-called “the impossible trinity” in the real estate brokerage industry.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2016 Xiamen University Press and Springer Science+Business Media Singapore
About this chapter
Cite this chapter
Ba, S., Yang, X. (2016). The Impossible Trinity. In: “Internet Plus” Pathways to the Transformation of China’s Property Sector. Springer, Singapore. https://doi.org/10.1007/978-981-10-1699-8_4
Download citation
DOI: https://doi.org/10.1007/978-981-10-1699-8_4
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-1698-1
Online ISBN: 978-981-10-1699-8
eBook Packages: Business and ManagementBusiness and Management (R0)