USING A SIMULATION MODEL TO PLAN PROPERTY ACQUISITIONS: EVALUATION VS. BID PRACTICES

John R. Schuyler Consultant Aurora, Colo. Making profitable acquisitions in a competitive environment is difficult. This is because the winning bidders often pay more than the property is worth. This paper shows how to measure the important impacts of different valuation and bidding strategies: improving engineering estimates, adjusting bid fractions, and modifying reserve category risk adjustments. A less complex model is used to optimize the bid for a single acquisition.

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Companies