The use of an auction to sell residential real estate in the United States is often associated with distressed sales such as foreclosure, bankruptcy or estate settlement. In other areas of the world, auctions are more commonly used and viewed as a viable, preferred method of selling a house....

Over 400 corporate relocation transactions from forty-one states were examined to identify factors affecting variable relocation costs. Analysis of covariance disclosed that corporate relocation costs could be significantly reduced over time by not remodeling substandard properties, fully...

Highest and Best Use is often identified as the key concept supporting real estate use and value decisions. However, at best the concept has received ambiguous if not conflicting consideration as to its relevance in the literature of economics, finance, real estate, appraisal, and other areas of...

A perception exists in the appraisal and brokerage industry that houses sold by corporate relocation firms (or corporate employers) sell at a discount in the residential market. The purpose of this article is to empirically determine if corporately owned houses do sell at a discount. A sample of...

The purpose of this study was to empirically test the ability of residential appraisers to estimate market value of houses. Using a sample of over 500 appraisals made for corporate relocation firms, the appraisal estimates of market value were compared with the actual price that the house sold...