Pricing and Time on the Market for Residential Properties in a Major U.K. City

Pricing and Time on the Market for Residential Properties in a Major U.K. City
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英国主要城市住宅物业的定价和上市时间

DOI:
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发表时间:
2009
期刊:
Real Estate
影响因子:
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通讯作者:
James Webb
James Webb
中科院分区:
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文献类型:
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作者:
S. McGreal;A. Adair;Claire Brown;James Webb

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独栋住宅的定价和销售时间长短是买卖双方行为相互作用的函数。这项研究估计了与贝尔法斯特(英国)住宅物业市场上的时间相关的价值影响。都会区。突出了市场的三个鲜明特征。首先,大多数销售都比标价有溢价。第二,不同的因素影响溢价和折扣销售的上市时间。第三,考察了三个事件的营销周期:上市到销售协议,销售协议到完成,上市到完成。
The pricing and length of time to sell single-family residential properties is a function of the interaction between buyer and seller behavior. This study estimates value effects in relation to the time on the market for residential properties within the Belfast (U.K.) metropolitan area. Three distinctive characteristics of the market are highlighted. First, the majority of sales are at a premium to the list price. Second, different factors influence time-on-the-market for premium and discount sales. Third, the marketing period is examined for three events: listing to sales agreement, sales agreement to completion, and listing to completion.