@proceedings {Crowston:1998, title = {Use of the web for electronic commerce in real estate}, year = {1998}, address = {Baltimore, MD}, abstract = {In this paper, we will explore the ways in which electronic commerce, the World-wide Web (WWW) 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 information-driven industry; transaction-based, with high value and asset-specificity; market-intermediary (agents and brokers connect buyers and sellers rather than buying or selling themselves); and experiencing on-going information technology (IT) related changes. In this paper, we apply a coordination theory framework to suggest where IT might change the process of buying or selling a house. Electronic commerce applications have the potential to drastically change current practices in the real-estate industry, including the disintermediation of agents. Web-based commerce is eroding the long-enjoyed information monopoly of real-estate agents. We illustrate this potential by reviewing a number of existing real estate websites that demonstrate the possible impact of electronic commerce on this industry.}, keywords = {Real Estate}, attachments = {https://crowston.syr.edu/sites/crowston.syr.edu/files/amcis98.pdf}, author = {Kevin Crowston and Rolf Wigand} }