Real estate math exam - Study guides, Class notes & Summaries

Real Estate Math Example Problems | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Fencing comes in 5 foot sections. For a fence that is 120 feet long, how many fence posts are needed? - Answer -120/5=24 24+1= 25 (post for the end) How many square feet are in a room 15'6"x 30'9"? (inches-> feet) - Answer -6"/12= .5 ft + 15'= 15.5' wide 9"/12= .75 ft + 30 ft= 30.75' long 20.75x15.5= 476.625 sq ft Carpet costs $63 per square yard, what would it cost to...

REAL ESTATE MATH EXAM 2024 WITH 100% CORRECT ANSWERS Types of Questions - correct answer (1) Percentage questions include commission, net listing, profit or loss, principal and interest, or interest only computations. (2) Square footage questions include how many lots or what size lot can be developed, and replacement costs. (3) Formula questions include memorizing formulas. They can be comparable sales appraisal questions or specific formulas for IRV, or taxable values. Real Esta...

Principles of Real Estate II Key Terms (ACEABLE AGENT) - Level 1 Real Estate Math Exam

Principles of Real Estate II Key Terms (ACEABLE AGENT) - Level 1 Real Estate Math Exam

Nj Real Estate Exam - Practice Exam Math Questions and answers latest update

Texas Real Estate Exam and Math Questions

Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions Graded A+ 312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be ...

REAL ESTATE EXAM (MATH PORTION), REAL ESTATE MATH PRACTICE PROBLEMS

Fencing comes in 5 foot sections. For a fence that is 120 feet long, how many fence posts are needed? correct answers120/5=24 24+1= 25 (post for the end) How many square feet are in a room 15'6"x 30'9"? (inches-> feet) correct answers6"/12= .5 ft + 15'= 15.5' wide 9"/12= .75 ft + 30 ft= 30.75' long 20.75x15.5= 476.625 sq ft Carpet costs $63 per square yard, what would it cost to carpet a room 476.625 sq ft? correct answers476.625/ 9= 52. (9 ft= sq yard) 52.x $63= $3,336.38 ...

NJ Real Estate Exam - PRACTICE EXAM MATH QUESTIONS and answers 100% correct 2023/2024 If a broker is expecting to receive 6% commission on a sale of $250,000 house, what will the commission be? a) $750 b) $1,500 c) $7,500 d) $15,000 - correct answer d) $15,000 A lot measuring 240' by 400' is selling for $400 a front foot. What is the price? a) $1,600 b) $16,000 c) $72,000 d) $96,000 - c