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.

Selected Publications

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  “Agency Disclosure in the Real Estate Transaction and the Impact of Related State Policies”, The Journal of Real Estate Research. (With Jonathan Wiley.)  Forthcoming.

   

  “Intra-firm Real Estate Brokerage Compensation Choices and Agent Performance”, The Journal of Real Estate Research.  (With K. Johnson and R. Anderson.)  Forthcoming.

   

  “Determinants of Real Estate Agent Compensation Choices and Agent Performance” (With K. Johnson and R. Anderson.) The Journal of Housing Research. Fall 2009.

   

  “Institutional Investment and the Turn of the Month Effect:  Evidence from REITs.”  The Journal of Real Estate Finance and Economics.  (With Jonathan Wiley.) 2009.

   

  “The Real Estate Brokerage Market and the Decision to Disclose Material Defects”, Real Estate  Economics. (With Jonathan Wiley.)  2008.

   

  “Does the composition of the Market Portfolio Matter for Performance Rankings of Post 1986 Equity REITs?”  The Journal of Real Estate Portfolio Management. (With Justin Benefield and R. Anderson.) 2007.

   

  “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 Statutes.”  The Journal of Housing Research.  (With Jonathan Wiley.)  2006. 

   

   “Internet Use and Real Estate Brokerage Market Intermediation.” The Journal of Housing Economics. (With K. Johnson and R. Anderson.)  Summer 2003.

   

  “Real Estate Broker Liability and Property Condition Disclosure.”  The Real Estate Law Journal. (With Ken Johnson.) 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.

   

  “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.