Offer Definition Use our free online to quickly calculate your real estate calculations on a piece of property. Before you make an offer, you need to figure out how much the property is worth while taking into account what kind of discount you desire, possible costs that will be required to repair or rehabilitate the property, and the amount of profit you want. You begin with the Property Fair Market Value (FMV), and then you can test a variety of options to make the best possible deal. Our calculator can help you decide whether you can earn a higher profit or if it makes sense to ask for less money to make sure that the deal will go through. If you were considering making extensive repairs on a dilapidated property, the calculator will help guide your decision-making process. It might turn out that you would be better off financially if you defer the repairs.
Reasons for Using Our Free Online Offer Calculator:
You are an investor and you want to purchase a new property, but you do not have a calculator handy. As long as you have a computer that connects to the Internet, you can use our calculator with a Web browser.
A new opportunity arises to purchase a property, and you want to try out different calculations quickly to see what the ideal offer might be. For example, you want to test what the offer will be if you have to do extensive repairs and you want a significant profit for your efforts. Then, you want to see what the difference is if you ask for no discount, or if you are willing to settle for a smaller profit.
You are interested in learning how to make real estate offers. Our Offer Calculator is an excellent tool to help you see what types of deals are possible in the real estate industry. Use our calculator over and over to test out different amounts, and use the results to help you hone your investment strategy.
Our Offer Calculator requires the user to provide the following information:
Type in the fair market value of the property in the “Property FMV” text box. For example, type in 300,000.
Input the discount percentage that you want in the “Discount Wanted” text box, such as 18 percent.
Type in the dollar amount that you determine will be necessary to rehabilitate and repair the property in the “Rehab/Repair Costs” text box. For example, if you have to put in a new roof, you might type in something like 15,0000.
Input the amount of profit that you want to make in the “Profit Desired” text box. For example, you want to make $15,000 on a property whose FMV is $300,000.
Click the “Calculate!” button to see the results instantly calculated for you.
Check out some of our other calculators like the Real Estate ROI Calculator and the Cost Per Square Foot Calculator.
How to Calculate Offer Let's be honest - sometimes the best offer calculator is the one that is easy to use and doesn't require us to even know what the offer formula is in the first place! But if you want to know the exact formula for calculating offer then please check out the "Formula" box above.