The Valuation of Commercial Property for Sale by Auction
Journal of Property Valuation and Investment
ISSN: 0960-2712
Article publication date: 1 January 1993
Abstract
Seeks to address the problems inherent in valuing a property for sale by auction, both in terms of likely selling prices and in fixing suitable reserves. Considers auction valuations, forced sales, limited time constraints, properties suitable for auction, likely selling prices, the fixing of reserves and special purchasers. Concludes that a valuer who is regularly active in the auction market should be readily able to assess the suitability of a property for auction and give guidance to a vendor client.
Keywords
Citation
Manley, J. (1993), "The Valuation of Commercial Property for Sale by Auction", Journal of Property Valuation and Investment, Vol. 11 No. 1, pp. 11-16. https://doi.org/10.1108/14635789310031379
Publisher
:MCB UP Ltd
Copyright © 1993, MCB UP Limited