The Effects of Estate Sales of Residential Real Estate on Price and Marketing Time

This study investigates price and time-on-market effects of estate sales of houses versus typical housing transactions using a sample of 180,921 sold properties. The hypothesis that estate sales sell at a discount and sell more quickly than typical houses is supported by the empirical results. The results indicate that estate sale properties sell at 3.6 percent price discount and sell about 3.4 percent (i.e. approximately four days) more quickly

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Year of publication:	2012
Authors:	Benefield, Justin
Other Persons:	Rutherford, Ronald (contributor) ; Allen, Marcus T. (contributor)
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Wohnimmobilien \| Residential real estate \| Immobilienpreis \| Real estate price \| Dauer \| Duration \| Verkauf \| Selling \| Erbe \| Inheritance
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Real Estate Finance and Economics, Vol. 45, No. 4, 2012 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2012 erstellt Volltext nicht verfügbar
Classification:	G29 - Financial Institutions and Services. Other ; J19 - Demographic Economics. Other ; K34 - Tax Law ; R21 - Housing Demand ; R31 - Housing Supply and Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013097377