Real estate math - 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 Problems Questions and Answers

Unit 8 Real Estate Math 12 inches - correct answer 1 foot 5,280 feet - correct answer 1 mile 36 inches - correct answer 1 yard 16 1/2 feet - correct answer 1 rod 3 feet - correct answer 1 yard 320 rods - correct answer 1 mile 144 square inches - correct answer 1 square foot 1,296 square inches - correct answer 1 square yard 9 square feet - correct answer 1 square yard 43,560 square feet - correct answer 1 acre 640 acres - correct answer 1 section = 1 square mile ...

GA Real Estate Math(SOLVED)

CHAPTER : REAL ESTATE MATHEMATICS

XYZ Realty policy manual shows the following compensation structure: Commission rate charged - 6% to XYZ Realty; 50% to the listing agent. If sold by another company, the commission is split equally. An agent from ABC Realty secured the buyer. Her company policy is, that as the selling agent, she will be paid 40% of her broker's share. If the sales price of the house was $395,000, how much does each party receive? CORRECT ANSWER $395,000 x 6% = $23,700 Total Commission $23,700 ÷ 2 = $11,850 S...

Real Estate Math Practice Test Questions and Answers 2023

Real Estate Mathematics Questions with complete solution 2023/2024The SW 1/4 of the N 1/2 of Section 18 contains how many acres and how many square feet? 80 acres and 3,484,800 sq. ft. 40 acres and 1,742,400 sq. ft. 80 acres and 3,492,000 sq. ft. 160 acres and 6,984,000 sq. ft. 80 acres and 3,484,800 sq. ft. Determining the square footage of a portion of a section requires starting at the end of the description and working backward. A section contains 640 acres. Thus, the first s...

Unit 8 Real Estate Math12 inches - correct answer 1 foot 5,280 feet - correct answer 1 mile 36 inches - correct answer 1 yard 16 1/2 feet - correct answer 1 rod 3 feet - correct answer 1 yard 320 rods - correct answer 1 mile 144 square inches - correct answer 1 square foot 1,296 square inches - correct answer 1 square yard 9 square feet - correct answer 1 square yard 43,560 square feet - correct answer 1 acre 640 acres - correct answer 1 section = 1 square mile 1...

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