ERES:conference

Liquidity in private asset markets is notoriously variable over time. Therefore, indices of changes in market value that are based on asset transaction prices will systematically reflect intertemporal differences in the ease of selling a property. We define and develop a concept of...

This study examines the correlation of the frequency of the sale of investment-grade property with national, regional and local variables, including property- and owner-specific characteristics. More specifically, the study identifies the primary factors that "explain" intertemporal changes in...

We examine the use (and non-use) of list price information in the process of marketing commercial real estate. While housing market research suggests that list prices can serve as a strong anchor and/or signal, list price information is included in less than one-third of the commercial property...

This study examines the feasibility of constructing reliable commercial property price indices using property tax records. We employ the Clapp and Giacotto (Journal of American Statistical Association, 87(418), 300–306, <CitationRef CitationID="CR2">1992</CitationRef>) assessed-value method to estimate price indices for commercial...</citationref>

This paper investigates the factors that influence the earnings of real estate appraisers. Seven types of factors are identified and examined: experience, effort, education, professional training and credentials, personal characteristics, firm characteristics, and market characteristics....