Khezr, Peyman; Menezes, Flavio - School of Economics, University of Queensland - 2015
This paper investigates the impact of two commonly used asking price strategies on house sales prices. In particular …, we compare a dynamic asking price, where the seller adjusts her asking price over time as she fails to sell her property …, with a static asking price, where the seller sets an asking price and sticks to it until the property is sold. While this …