Using the T-Method for Real Estate Calculations

Green Calculator On Yellow Background

As a new real estate agent, you may find yourself struggling with math, especially when it comes to calculating commissions, fees, and other financial aspects of real estate transactions. However, there is a simple method called the T-method for real estate that can make real estate math much easier for you. In this blog post, … Read more

Real Estate Math Formulas: Calculating Commission

The math portion of your real estate licensing exam may ask you to calculate commission for a sale.  Typically, an agent’s commission is calculated as a portion of the sales price of the property.  There is no standard percentage and it can be negotiated.  In many parts of the US, both the seller and buyer … Read more

How Much Will the Bank Loan for a HELOC

A home equity line of credit (HELOC) is a loan against the equity (value minus debt) of your home, it is essentially a second mortgage. Through calculating the equity of your property you can borrow from a lender, up to a certain amount, using your property’s value as collateral. A HELOC can be used for … Read more

Real Estate Math Formulas: Calculating Transfer Taxes

The math portion of your real estate licensing exam may ask you to calculate the transfer taxes for a sale. In almost all real estate transactions, buyers and sellers must pay taxes to their local counties for every property sale. For buyers, this is often called the recordation tax. For sellers, this is often called … Read more

Real Estate Math Formulas: Understanding Amortization Factors

One of the main topics on the real estate math licensing exam is understanding amortization factors. Because the actual monthly mortgage payment calculation is very complicated, amortization factors are a quick and easy way to estimate the monthly mortgage payment a buyer will need to make. In many states, the testing center will have an … Read more

Real Estate Math Problem – Will the Abrams qualify for a loan?

Check out our latest “Math in a Minute” video – Quick real estate math examples with complete solutions explained. In this episode, we will calculate Debt-To-Income (DTI) ratios that banks will typically look at before determining how much a buyer can afford on a loan.

25 Strategies to Solve Real Estate Math Problems (Part 2)

Taking the real estate licensing exam can be difficult, especially if math isn’t your strong suit. But don’t worry, EZ Real Estate Math is here to help with your real estate licensing exam prep! In the two-part post, we describe 25 strategies for tackling the math questions on your real estate licensing exam. Our first … Read more

25 Strategies to Solve Real Estate Math Problems (Part 1)

Taking the real estate licensing exam can be difficult, especially if math isn’t your strong suit. But don’t worry, EZ Real Estate Math is here to help with your real estate licensing exam prep! In the two-part post, we describe 25 strategies for tackling the math questions on your real estate licensing exam. This first … Read more