A comparison of prices brought by english auctions and private negotiations

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Abstract

A comparison of house prices brought by English auctions and private negotiations produced evidence that the pricing mechanism matters. In an active market for middle-to high-priced houses, auctions extracted higher prices than private negotiations.

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APA

Lusht, K. M. (1996). A comparison of prices brought by english auctions and private negotiations. Real Estate Economics, 24(4), 517–530. https://doi.org/10.1111/1540-6229.00702

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