000			01439cab a2200253 4500
001			ABS67625
008			040311n2004 000 0 eng u
035			_a(Sirsi) u125399
100			_aStevenson, S.
245			_aValuation accuracy: a comparison of residential guide prices and auction results
260			_c2004
490			_aProperty Management _v22(1) 2004, 45-54(10)
520			_aExamines the relationship between guide and sale prices for residential properties in Greater Dublin during the recent housing boom. The results indicate that degrees of divergence can be present, auctioned properties tend to sell more frequently at a premium to their guide price and that the average level of premium is also higher. These findings are confirmed by econometric analysis. It is proposed that the two potential causes behind this mis-pricing are the speculative boom in the Dublin market during the period and the possibility that agents build into auction guide prices an element of underpricing in order to increase interest in the properties on the market. Graph, tables and references. [Taken from journal abstract].
590			_aABS
650			_aDUBLIN
650			_aEIRE
650			_aHOUSING BOOM
650			_aAuctioneering _96218
650			_aRESIDENTIAL AGENTS
650			_aAuctioneering _96218
690			_aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
700			_aYoung, J.
942			_n0
999			_c74260 _d74260