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

Colorado Real Estate Math Questions and Answers 100% Pass A real estate agent is paid $200.00 a month salary and a 2 ½ % commission on everything sold over $150,000 in one year. If the agent makes $22,000 one year. How much did the agent sell? 784000 634000 934000 880000 - Correct Answer ️️ -934000 $200 X 12 = $2,400 (total salary); $22,000 - $2,400 = $19,600 (total commission sales) / .025 (commission rate) = $784,000 (sales above $150,000 that earned the $19,600 commission) + $...

NJ REAL ESTATE EXAM - PRACTICE EXAM MATH QUESTIONS CLEARLY SOLVED TEST 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 - correct answer d) $96,000 If the frontage of a half acre lot is 100 feet, how deep is it? a) 154 ...

Gold Coast RE 1001 Cram, Practice Math and Final Exam Test Bank 2021,2022 and 2023 Combined Questions and Answers Complete 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 lice...

Fl Real Estate Laws Graded A+ The Real Estate License Law 1. Protect consumers from loss because of dishonest and incompetent real estate sales associates 2. Protect the good standing of ethical associates from the adverse publicity caused by unprincipled licensees Florida Real Estate Commission (FREC) consists of seven members appointed by the governor and confirmed by the state Senate. The Commission is composed of four real estate brokers (actively licensed for five of the prece...

AYPO Real Estate Principles of Real Estate I Exam Study Guide Questions And Answers TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ANS They conduct the unlawful practice of law ESAC stands for: - ANS Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - ANS Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? ...

Gold Coast RE 1001 Cram, Practice Math and Final Exam Test Bank Combined Questions and Answers Complete 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. Au...

Gold Coast RE 1001 Cram, Practice Math and Final Exam Test Bank 2021,2022 and 2023 Combined Questions and Answers Complete 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 lice...

Real Estate Math Practice Test Questions and Answers 2023

TREC has the authority under TRELA to suspend or even revoke a broker's license if: They conduct the unlawful practice of law ESAC stands for: Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? 5th Amendment. The CFPB is the: Consumer Financial Protection Bureau A professional org...