The perfect guide for real estate professionals, as well as more sophisticated homebuyers. An absolute must for success in real estate is knowledge of basic math and real estate math. Real estate professionals need specific math skills to pass licensing exams, and homebuyers need them to make informed decisions. This expert guide covers the crucial real estate math topics: percentages, list sale, net pricing, appreciation and depreciation, property transfer taxes, appraisal methods, amortization, commissions, prorating, estimating closing costs, and much more. Clear and simple explanations, plus hundreds of practice exercises focused specifically on real estate situations, are included.
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