How do Sellers determine the final purchase price?
Some Sellers realize all of the potential for Buyers to benefit from a fixed purchase price (in growing real estate markets) and will take that into account when creating the figure. It is typical to allow for a yearly appreciation of property based on a 2.5-5% increase per year from the current market asking price. Lease-a-house.com provides access to a third party property evaluator in our seller resource center. Entering this value into the listing calculator along with the yearly growth rates (if applicable) will compute the value automatically taking the guess work out of the process.