Solving Real Estate Math Problems
Let’s say you’re touring a new home with a buyer, and she asks you for the square footage of the living room. You know the length and width. What do you do? Your buyer also has $60,000 to put down and wants to know how much house she can afford with an 80/20 loan to value. Can you answer her?
Can you help an investor determine income potential if you know the going rate and value? Can you read an amortization table? In this course, you'll practice solving just these kinds of problems.
Course objectives include:
- Demonstrate basic computational skills using fractions, decimals, percentages, and interest rates.
- Apply basic computational skills to real estate tasks such as: calculation of area, prorations, loan amortization, and calculation of monthly payments.
State Requirements For Colorado
Colorado State Requirement Details for Real Estate Broker Pre-Licensing Education
Hours Required by the State: 168 hours
- 48-hour Real Estate Law and Practice
- 48-hour Colorado Contracts and Regulations
- 8-hour Trust Accounts and Recordkeeping
- 8-hour Current Legal Issues
- 24-hour Real Estate Closings
- 32-hour Practical Applications
Licensing Exam: The licensing exam is administered by PSI. Registration for the state licensing exam is an entirely separate process from proctoring for your course final exam. For instructions to register for your state licensing exam and further information, please click here.
Colorado Division of Real Estate
Street Address: 1560 Broadway, Suite 925, Denver, Colorado 80202
Mailing Address: 1560 Broadway, Suite 925, Denver, Colorado 80202
Telephone: (800) 886-7675