Mastering Real Estate Mathematics

Posted on December 21st, 2009 by Real Estate News

Help your students overcome math anxiety with this comprehensive workbook that improves math skill and prepares students for actual real estate practice. This must have text features step by step instructions for the mathmematical calculations required of real estate professionals. Highlights are:

* Over 60 problems give students plenty of practice in each area.

* Step by step instructions simplify even the most complex calculations.

* Workbook format is ideal for both classroom and home study.

* Free Instructor Resource Guide includes learning objectives, instructional strategies, exam book, answer keys, and a PowerPoint presentation.

User Ratings and Reviews

5 Stars Good book
I picked up some pointers. I’m sure as I continue to go through the book I will learn more about Real Estate Math.

4 Stars the right formula
if you are a real estate agent having trouble figuring closing costs, pricing, escrow accounts and other real estate math essentials, this is a good book. there are no “magic” math books. you have to sit down with your paper, pencil, calculator and practice. learn some basic formulas, study the material which is well organized, and you’ll have a lot more “math self confidence”.

5 Stars Get that book and STUDY it !
Mastering Real Estate Mathematics is really M A S T E R I N G the subject.

It consists of Five following Parts :

Part I : Parts and Pieces of the Total

Part II : Surface and Space

Part III : Economics of Real Estate

Part IV : Doing the Business

Part V : Practice Makes Perfect

All these 5 Parts are preceded by a Preface and an Introduction that tells you how to go about Studying the book.

Part I includes the following chapters :

1. Fractions, Decimals, Percentages

2. List Price,Sales Price,Net Price

3. Appreciation and Depreciation

4. Compensation

5. Ad Valorem Taxes

6. Property Transfer Taxes

7. Legal Description

Part II includes the following chapter :

8. Area and Volume

Part III includes the following chapters :

9. Interest

10. Maths of Real Estate Finance

11. Appraisal Methods

12. Tools of Investment Analysis

Part IV includes the following chapters :

13. Prorations

14. Closing Statements

15. Lease Calculations

Part V includes the following chapter :

Practice makes perfect

A Glossary completes it.

3 Stars Reviewed by An author I truly respect, Mr. John Tirone,
I have Professional Real Estate Problem Solving books written by an attorney-instructor in Michigan, Mr. John a. Tirone. I noticed this book in our office and also one authored in real estate math by a different author, Coleman, I believe. I noticed that Mr. John Tirone was a reviewer of these books, which probably explains in part their accuracy?

I liked the mastering real estate math book, basics for exam preparation and sometimes review. but if you realy want to see something in real estate calculations, the ONLY book you should get is Mr. Tirone’s Professional Real Estate Problem Solving Books, at least this is my opinion.

I noticed as well that Tirone was acknowledged in the sound reading real estate Principles textbook put out by Prentice Hall book company and authored originally by a Mr. Harwood.

2 Stars Extremely basic – for the very beginner
I have reviewed many real estate books and this is a very very basic book for beginners of residential real estate math. The book starts with adding and subtracting. There is no section on the finance behind income producing properties such as determing cap rates, cash flows, etc. Even for beginners, this book is extremely basic with basic math formulas. You would need a supplemental book with more advanced concepts. If you have no math background, then this is a good book but if you know some math, I would recommend a more advanced book.

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