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Chapter 24 Real Estate Mathematics

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Presentation on theme: "Chapter 24 Real Estate Mathematics"— Presentation transcript:

1 Chapter 24 Real Estate Mathematics
Math is an integral part of the real estate profession. The amount and complexity of the math you encounter will vary, depending on your chosen area of real estate.

2 24 Real Estate Mathematics
Learning objectives Perform real estate calculations on a calculator Describe common real estate measurement terms Use fractions, decimals, and percentages Calculate percentage problems Calculate proration problems

3 24 Real Estate Mathematics
Calculators Types Real estate functions The % key

4 24 Real Estate Mathematics
Linear measurements and frontage Area measurements Measuring volume

5 24 Real Estate Mathematics
Fractions The parts of a fraction Mixed numbers Multiplying fractions Dividing by fractions

6 24 Real Estate Mathematics
Decimals Converting fractions to decimals Adding and subtracting decimals Multiplying decimals Dividing decimals

7 24 Real Estate Mathematics
Percentages Converting a percentage to a decimal Converting a decimal to a percentage Multiplying by percentages Dividing by percentages Solving percentage problems

8 24 Real Estate Mathematics
The T-Bar Method


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