Download This PaperPricing in an Illiquid Real Estate Market
20 Pages Posted: 21 Mar 2013
Abstract
Using a repeat sales data set, this paper examines whether a single small seller can influence the selling price of their house. We find that this influence exists and, since the estimated magnitude of the effect is larger than expected, we verify the estimate using several supplementary tests.
Keywords: repeat sales, selling price
Suggested Citation: Suggested Citation
Anglin, Paul and Wiebe, Robin, Pricing in an Illiquid Real Estate Market. Journal of Real Estate Research, Vol. 35, No. 1, 2013, Available at SSRN: https://ssrn.com/abstract=2236272
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