Do realtors use a specific formula to determine the exact value of a home, and/or what it should rent for?

Is there a percentage formula to use, bascially does the rules change since they are going through a real estate company?

Anywaaaayss lol... ladies and gents, Ive been trying improve my cold call ratio and i need a formula for how talk to a potential seller/ and how finding out if an seller is motivated. i am a new investor as of which i have completed 1 deal and am in the process of completing an second, but for some reason this which i believe it due my mechanics and experienced level when talking to an potential sellers of course u get the typical hang ups, or the No's for no logical reason;. but when u find someone who is willing to sell and determining if there motivated to sell are two different things.

If it were, then your formula could be fairly close.

It just always seemed to me to be a formula that they can't bend, but maybe that is because I am working with Chase Bank now.Now, I have a related but possibly silly question.

Feel silly asking, but I need a little help with 2 formulas. 1. figuring out a P&I payment on a loan.2. how to determine your maximum investment value from your maximum P&I payment.

Any rental or "unqualified use" after that time will be counted in a formula which reduces your exclusion when you sell significantly.

Is there a formula?

I am fairly new but what i have so far in my learning is that u can pretty much find comps anywhere but that doesn't mean there actuate, and as far as estimating in some book and programs they tell u to pick a number, for example what i have learned is that depending apon the shape of the house going from ugly to real ugly to junk 10,000, 20,000, to 25000 and also depending apon the size needing to be in the area of 1000 to 2000 square feet then to take these unreliable number in to this formula ARVx70%-repairs = MAO and back off slightly for profit now like i said i am new so ,but i do know this is complelely dumb for me use do gurus bring your answers and add your knowledge or subtract from this and tell us newbies how to correctly run the numbers and come up with offer that guarantees u money even if u have to flip the deal over to and end user of course that is if it sales lol...

First of all, what type of job would allow me to be a part of the investment process for a company and not just having me do analytical/ excel formulas where I dont actually go out and look at properties and see how deals are done?