Real Estate Math

Real Estate Math is an Alabama Real Estate Commission approved 6-hour Continuing Education (CE) Course that is an elective course that counts toward the required 15-hours needed to renew a two year license.

The course was designed to provide a review of a licensee's math skills, reinforcing what is already known and applying that information to real estate mathematics. In this course, students will learn to apply formulas and terminology to real estate mathematics; how to complete a review of settlement costs and explain it to clients; how to use rectangular survey systems; and how to use the metes and bounds system.

Learning Objectives

After completing the course the student will know how to:

• Identify terminology that is used in typical real estate mathematic problems.
• Compute operations on fractions and percentages.
• Measure the reduction in the value of properties using the straight line depreciation method.
• Solve proration problems that a real estate professional typically comes across when closing transactions.
• Determine commission rates and calculate property values.
• Differentiate between the four legal means of describing a property.
• Determine property locations and parcel size from a rectangular survey description.
• Use formulas to calculate area and volume of land and buildings.

Learning Strategies:

• We encourage online participation to ensure a more complete understanding of the subject matter.
• Provide group discussion and quizzes; then the correct answers are given to ensure the student retains the proper knowledge.
• Provide quiz builders to allow the student to realize their knowledge base of the topic and to peak their interest.
• Picture and charactures are used to capture attention, create more excitement and enthusiasm, and make the learning process more retainable.
• Books, examples, illustrations, and pertinent information are given to each student.
• Web links to various sites are provided to enhance possible knowledge dealing with specific topics.
• Web links to editorials provide additional pertinent information.

Click on this link to register for Real Estate Math for Online/CD ROM.