Answer:
approximately 4.2667%
Explanation:
To calculate the percentage above the website's estimate that Jerrold set his asking price, we can use the following formula:
Percentage above = ((Asking price - Website estimate) / Website estimate) * 100
Percentage above = (($750,000 - $715,000) / $715,000) * 100
Percentage above ≈ 4.895
Therefore, Jerrold set his asking price approximately 4.895% above the website's estimate.
To calculate the percentage below his asking price that Jerrold sold for, we can use the following formula:
Percentage below = ((Selling price - Asking price) / Asking price) * 100
Percentage below = (($718,000 - $750,000) / $750,000) * 100
Percentage below ≈ -4.2667
Therefore, Jerrold sold his house approximately 4.2667% below his asking price.