A Comparison of Prices Brought by English Auctions and Private Negotiations
A comparison of house prices brought by English auctions and private negotiations produced evidence that the pricing mechanism matters. In an active market for middle- to high-priced houses, auctions extracted higher prices than private negotiations. Copyright American Real Estate and Urban Economics Association.
Year of publication: |
1996
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Authors: | Lusht, Kenneth M. |
Published in: |
Real Estate Economics. - American Real Estate and Urban Economics Association - AREUEA. - Vol. 24.1996, 4, p. 517-530
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Publisher: |
American Real Estate and Urban Economics Association - AREUEA |
Saved in:
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