Gautier, PieterSiegmann, Arjenvan Vuuren, Aico2017-02-082017-02-082017-021403-2465http://hdl.handle.net/2077/51580D80, L10, L80, R20, R30Do higher real-estate agent fees imply better performance? This study uses a nation-wide dataset of residential real-estate transactions in the Netherlands from 1985 to 2011 to provide evidence against this. Brokers with a flat-fee structure who charge an up-front fee (which is substantially lower than the average fee of traditional brokers) and leave the viewings to the seller sell faster and at - on average - 2.7 percent higher prices. We correct for fixed house-and time effects. We provide additional evidence that the price difference is not due to a seller-selection effect.33engreal-estate brokersbroker incentiveshousing, agencyText