This course covers math principles essential in the practice of real estate. Some of these topics may already be familiar to the student. The course will elaborate on how the subject matter pertains to real estate in everyday use. It is important that licensees understand the mathematical concepts presented here in order to be competent in the practice of real estate.

This Real Estate Math course utilizes interactive technology and audio in an appealing way to facilitate learning.

Learning Objectives

Upon completion of this course, the student will be able to:

• Name key terms used in real estate math problems.
• Apply fractions, decimals and percentages.
• Translate fractions into decimal and percentage forms.
• Determine the area and volume of a given object or parcel.
• Manipulate the principles involved in rate calculations.
• Grasp the concept of amortization.
• Comprehend the principles of prorating and how to apply them.
• Understand and solve for appreciation and depreciation.
• Identify and apply calculation formulas to determine value and profit.
• Apply interest rates and loan discount rates.
• Use equations to calculate interest.

Approved Course Number:

03-00-100-7481