So you are selling your house.
Your house is on the market for 100 dollars
the cost per month of owning is 1
comparables go for 90 to 105
the authors say if waiting costs half or more our expected range of offers there is no advantage to holding out
Apparently there is a means of determining the optimal price, I fear that the mathmatics involved is way beyond me how do you calculate the optimal price?
they say it applies to recruitment, getting married etc I understood the other examples I did not understand how they figured out the prices they proposed
Your house is on the market for 100 dollars
the cost per month of owning is 1
comparables go for 90 to 105
the authors say if waiting costs half or more our expected range of offers there is no advantage to holding out
Apparently there is a means of determining the optimal price, I fear that the mathmatics involved is way beyond me how do you calculate the optimal price?
they say it applies to recruitment, getting married etc I understood the other examples I did not understand how they figured out the prices they proposed