Internet Versus Traditional Office Sales

Download or read book Internet Versus Traditional Office Sales written by Sofia Dermisi and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on a comparison between Internet and traditionally presented and transacted office properties for sale in Boston/U.S. and London/U.K. This comparison will provide a better understanding of the effect of the Internet on the real estate office market based on a data-driven rather than an opinion-based study. The study of both cities for a six-month period, from September 2000 through February 2001, indicated that small properties are more likely to be sold through the Internet than in the traditional office market. Moreover, in both cities there are differences in the distributions of price per square foot and area in square feet between Internet and traditionally transacted office properties.