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Here is a list of real estate math definitions that are essential for both obtaining your real estate license and taking the real estate exam. Amortization – Amortization is when payments divide into equal amounts for the duration of the loan.
- Examples of calculations for investment rates of return, property appraisals using capitalization rates, commission percentages, property taxes, and lot measurements. This document provides an overview of real estate concepts including: - Acronyms used in real estate like MARIA, STUD, and OLDCAR.
28 gru 2023 · Below, we've put together a partial study guide for real estate math that includes formulas, practice questions and answers, as well as examples you might see on your exam or in your career as a real estate agent.
24 kwi 2023 · This guide will walk you through the type of real estate math skills you’ll find in the state exam, as well as in every real estate transaction you take on once you earn your license.
14 mar 2024 · Whether you’re determining property values, calculating closing costs, negotiating contracts, or determining your commission proficiency in real estate math is vital for accurately representing your client’s interests and conducting transactions with precision and confidence.
Other Useful Real Estate Math Formulas 1 Acre = 43560 square feet Area (ft2) = (length ft) x (width ft) Perimeter = (side) + (side) + (side) + (side) Real Estate Math Terms Ad valorem - The Latin phrase ad valorem means "according to value." Amortization - Amortization is when payments divide into equal amounts for the duration of the loan.
This free real estate math exam will help you PASS YOUR LICENSING EXAM by pinpointing which math topics you still need practice.
