IDEAS home Printed from https://ideas.repec.org/a/taf/rjelxx/v25y2017i2p311-326.html
   My bibliography  Save this article

Hedonic Models and the Inclusion of Conditions of Sale in Commercial Real Estate Transactions: A Review of the Literature

Author

Listed:
  • Spenser J. Robinson
  • Andrew R. Sanderford

Abstract

In the hedonic analysis literature, there has been much discussion on the conditions of sale or the context, motivating factors, and contract specifics associated with real estate transactions. As conditions of sale are often present in commercial real estate transactions, the limited insight into their marginal price effects attenuates the effectiveness of both research and practice. The objective of this paper is to analyze the literature surrounding conditions of sale. We examine the hedonic literature to gain perspective on the extent to which conditions of sale could be an appropriate variable cluster added to hedonic analysis models. We summarize and thematically organize the empirical findings on specific conditions of sale in the real estate literature to help guide future ex ante empirical expectations.

Suggested Citation

  • Spenser J. Robinson & Andrew R. Sanderford, 2017. "Hedonic Models and the Inclusion of Conditions of Sale in Commercial Real Estate Transactions: A Review of the Literature," Journal of Real Estate Literature, Taylor & Francis Journals, vol. 25(2), pages 311-326, January.
    • Handle: RePEc:taf:rjelxx:v:25:y:2017:i:2:p:311-326
    DOI: 10.1080/10835547.2017.12090460
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2017.12090460
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2017.12090460?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjelxx:v:25:y:2017:i:2:p:311-326. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjel20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.