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Italian Auction Market: Features of Discounted Forced Sale Price

Author

Listed:
  • Amoruso Paola

    (Lum Jean Monnet University)

  • Mariani Massimo

    (Lum Jean Monnet University)

  • d’Amato Maurizio

    (Politecnico di Bari)

  • Didonato Raffaele

    (EY Advisory)

Abstract

The purpose of the paper is to investigate the main causes of discount between list price and forced sale value in the Italian real estate auction segment, in favor of more comprehensive determination of the value of mortgage underlying guarantees; this would allow for an improvement of further valorization processes of assets intended to obtain a higher selling price.

Suggested Citation

  • Amoruso Paola & Mariani Massimo & d’Amato Maurizio & Didonato Raffaele, 2020. "Italian Auction Market: Features of Discounted Forced Sale Price," Real Estate Management and Valuation, Sciendo, vol. 28(3), pages 12-23, September.
    • Handle: RePEc:vrs:remava:v:28:y:2020:i:3:p:12-23:n:2
    DOI: 10.1515/remav-2020-0020
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    References listed on IDEAS

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    More about this item

    Keywords

    real estate; NPLs; forced sale value; market value; estate auction;
    All these keywords.

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
    • R28 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Government Policy
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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