Determinants of bargaining outcome in single-family housing transactions: an empirical examination

S Song - Urban Studies, 1995 - journals.sagepub.com
Using a hedonic regression model, this paper examines determinants of bargaining
outcome in single-family housing transactions. It divides potential factors into three broad
categories: dwelling attributes, site amenities, and seller's and buyer's characteristics.
Results with use of 1990 data for the Reno-Sparks area in Nevada show that bargaining
outcome is determined by seller's asking price, buyer's household income, and some of ...