I forget where I saw it but – Piggington's Econo-Almanac

March 11, 2008 at 5:08 PM #168100

Participant

I forget where I saw it but someone was suggesting using the range to come up with a low-ball offer price.

UR = upper range
LR = lower range
OP = offer price

OP = LR-2*(UR-LR)

I thought it was funny but maybe it is valid. Can we compare sold prices with original listing range price somehow?