Thursday, June 6, 2013

Do Good Looking People Make More Money?

 

Does being good looking help your career? If the real estate industry is any indication, it sure does. 

A recent study found that more attractive real estate agents often have higher list prices for homes they are trying to sell. Consequently, that also translates into higher sale prices and a higher commission for those real estate agents as well.

To prove this theory, Frank Mixon, a professor of economics at Columbus State University’s Turner College of Business and a research team had 402 people look at photos of real estate agents. Mixon, along with Sean Salter of the Jennings A. Jones College of Business at Middle Tennessee State University and Ernest King of the College of Business at the University of Southern Mississippi, then asked those people to rate the attractiveness of those real estate agents on a scale of one to 10, with 10 representing a very attractive real estate agent.

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