Any estate agents on here?

KubickiKoolAid

Goalkeeper
Posted this on Parsnip but meant to put in here:

I want to work out the (rough) value of a property based only on the rental price, is there an industry-standard formula to work that out?
 


Posted this on Parsnip but meant to put in here:

I want to work out the (rough) value of a property based only on the rental price, is there an industry-standard formula to work that out?

I know a lad in this game and he generally just looks to see what the prices are for similar property in a similar area.
 
Do the same as a proper estate agent, think of a number, then double it.
 

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