@article{6704,
  keywords = {Real Estate},
  author = {Kevin Crowston and Rolf Wigand},
  title = {Real estate war in cyberspace: An emerging electronic market?},
  abstract = {In this paper, we explore how electronic commerce, the World-Wide Web in particular, is affecting the real estate industry. Real estate is a promising setting for studying electronic commerce because it is an information-intensive and informationdriven industry; transaction-based, with high value and asset-specificity; with many market-intermediaries (agents and brokers who connect buyers and sellers rather than buying or selling themselves); and experiencing on-going information technology (IT) related changes. We analyze a real estate transaction to suggest where IT might change the process of buying or selling a house and discuss several current ventures in this area. This analysis suggests that Web-based commerce is eroding the long-enjoyed information monopoly of real-estate agents and electronic commerce applications have the potential to drastically change current practices in the real-estate industry, including the disintermediation of agents.},
  year = {1999},
  journal = {International Journal of Electronic Markets},
  volume = {9},
  number = {1–2},
  pages = {1–8},
  language = {eng},
}