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Data · dataset · 2008

Home Buyers\' Search Behavior in Taiwan

Listed in Harvard Dataverse

The house is a durable good with heterogeneity, expensive and low buying frequency.

Description

Those characters made the housing search behavior may not be generalized from the general marketing research results. Our search tested the three hypotheses by questionnaire which investigated the person in charge family livelihood who bought house on 1998 to 2002 in Tai-chung.

The results show that the longest search duration is six months. And our three hypotheses are confirmed. First, because the house is bad or good which is important to all family members, the search duration of the people who buying house for living is longer than those who for investing.

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Second, the product differences of the house lead buyer search more than the price difference; in the mean while the influences of time pressure and purchase experience on search duration are not significant. Lastly, because brokers have more house selling information to choice, and there is no relation between the commission and case search, the person who use broker for home search has longer searcher duration than those who search by himself.

The meaning of our search in practice is the house seller should provide more product information to house buyer, and giving every effort to avoid price war; and the brokers should provide better services to shorter the transaction time.

Links

Provenance · 1 source records, 5 field assertions
SourceKeyLast seenRaw
Harvard Dataversedoi:10.6141/TW-SRDA-E91050-114 d agoJSON v1
FieldAssertionExtractorEvidence
created_datesource · Harvard Dataverseconnector:dataverse@1.0.0
descriptionsource · Harvard Dataverseconnector:dataverse@1.0.0/description
publication_datesource · Harvard Dataverseconnector:dataverse@1.0.0
titlesource · Harvard Dataverseconnector:dataverse@1.0.0/name
updated_datesource · Harvard Dataverseconnector:dataverse@1.0.0