Sorry for the Newbie question. I have heard steve and jill talk about percentages off of “retail value”. My question is what is retail value?
1). Is it the top price that you could potentially sale it for?
2). What others are selling it on LW or other sites?
3). Is it what you would be selling it for (discounted from LW and other sites)?
Also, I am just curious what is the percentage that you discount a property? I understand that it is going to be different from county to county, but on an average what you end up selling it for and what is the discount percentage from the full value (let’s say you sale it for top dollar) and what is discount percentage from other sites such as LW for similar properties.
Thank you for taking your time to answer this newbie question.
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