This dissertation consists of three separate essays in the area of real estate. The first essay examines the continuing evolution of the Internet and the resulting effects on the efficiency of buyer search. The second essay evaluates the menu of alternatives for sellers of commercial real estate who encounter detrimental conditions. Finally, the third essay examines how publicly listed banks perform as sellers of commercial real estate as compared to non-bank sellers. The first essay includes market conditions indicative of both a buyer's market and a seller's market. The results indicate that as Internet usage increased search duration increased, whether a buyer's or seller's market. This research finds that the Internet increased buyer search intensity only when market conditions are more favorable to buyers. The second essay considers short sales, REO sales, and auction sales. Properties sold by each method are found to be significantly discounted relative to properties that are sold under normal conditions. REOs have the greatest discounts, followed by short sales, while properties sold at auction experience the smallest discount. Property characteristics, geographic contagion, market timing, and statutory rights of redemption are each found to have an impact on the relative pricing of properties sold under detrimental conditions, depending on the procedure. The third essay examines how publicly listed banks perform when compared to non-bank sellers. The non-bank sellers include non-institutional sellers (individuals and developers), corporate sellers, REITs, and financial institutions (equity funds, insurance companies, investment managers, and pension funds). The results indicate that bank sellers do tend to sell properties at a discount. Abnormal returns around the transaction date are estimated using a generated benchmark Bank companion Index and are found to be positive and significant. Determinants of these cumulative abnormal returns, assets, return on assets, Tobin's Q, coverage ratio, debt reduction, preferred dividends, and invested capital are considered. The return on assets and debt reduction are found to positively affect abnormal returns, whereas invested capital is negatively related to invested capital.