Leonard V. Zumpano

Specialty Areas:

Real estate and finance.

Education:

Iona College (B.A.), The Pennsylvania State University (M.A. and Ph.D.).

Honors, Achievements and Affiliations:

Dr. Zumpano has research interests in such areas as the residential mortgage market, real estate finance and investment analysis, and the competitive status and performance of the real estate brokerage market. He published more than 40 articles in such journals as The Journal of Financial Research, Real Estate Economics, The Journal of Real Estate Research, Real Estate Law Journal, Appraisal Journal, and Journal of Real Estate Finance and Economics. Dr. Zumpano was listed among the top 10 percent of real estate authors publishing in the three leading academic real estate journals in the Journal of Real Estate Research in 1993. He has twice been awarded the Excellence Fund Teaching Award. Dr. Zumpano was instrumental in the establishment of the Alabama Real Estate Research and Education Center at the University in 1996. Under his direction the Real Estate Center has produced six major research reports and published three textbooks, which are currently being used in professional real estate courses.

Publications

• "Specialization and Residential Real Estate Licensee Income." The Journal of Real Estate Research. (With K. Johnson and R. Anderson.) 2007.
• "Questioning the Effectiveness of Mandatory Agency Disclosure Statues." The Journal of Housing Research. (With Jonathan Wiley.) 2006.
• "The Problem of Indoor Mold for Portfolio and Property Managers." The Journal of Real Estate Portfolio Management. (With S. Hartley.) 2003.
• The Privatization of Real Estate Related Public Goods and Services in the United States. The Nordic Journal of Surveying and Real Estate Research. Special Series, Property and Facilities Services in Local Government: Contracting Out or Managing In-house. Fall 2003.
• Internet Use and Real Estate Brokerage Market Intermediation. (With K. Johnson and R. Anderson.) The Journal of Housing Economics. Summer 2003.
• Real Estate Broker Liability and Property Condition Disclosure. (With Ken Johnson.) The Real Estate Law Journal. Spring 2003.
• The Possible Consequences of Bank Entry Into the Real Estate Brokerage Market: What the Research Tells Us. The Journal of Real Estate Literature. 2002.
• Exterior Insulation and Finish Systems: The Effect on Residential Housing Prices and Marketing Time. Journal of Real Estate Research. (With K. Johnson, S. Salter and R. Anderson.) 2001.
• Residential Real Estate Brokerage Efficiency From a Cost and Profit Perspective. Journal of Real Estate Finance and Economics. (With R. Anderson and D. Lewis.) 2000.
• An Investigation of Buyer Search in the Residential Real Estate Market Under Different Market Conditions. The Journal Real Estate Research. (With Edward Baryla and H. Elder.) July-October 2000.
• Buyer Brokers: Do They Make a Difference? Their Effect on Selling Price and Search Duration. Real Estate Economics. (With H. Elder and E. Bayrla.) Summer 2000.
• A Study of the Residential Real Estate Brokerage Industry: Implications for the Future. Journal of Real Estate Research. (With H. Elder and R. Anderson.) 2000.
• X-Inefficiencies in the Residential Real Estate Brokerage Market: A Stochastic Frontier Approach. Journal of Real Estate Research. (With R. Anderson, D. Lewis, and H.Elder.) 2000.

• An Analysis of the Effects of Affinity Programs on the Real Estate Brokerage Industry. Financial Services Review. (With R. Anderson.) 1999.

• Buyer Search Intensity and the Role of the Residential Real Estate Broker. The Journal of Real Estate Finance and Economics. (With H. Elder and E. Baryla.) 1999.