Pricing of Real Estate at Auctions

This thesis is an explanation of Real Estate Auctions in the Czech republic. It is a document, to be used by the Auctioneer and also by the organization of the Auction for issued expenses. This thesis describes how the price of property can be created. It also explains methods to detect the usual Auction price of the property, in the experts opinion, and it provides specific case estimates of the prices of auctioned property. Further this thesis analyzes the growth of Auctions in the Czech republic in time and cost savings against the usual price of property, which can be reached by the bidder in a public Auction