CE 125 Real Estate Mathematics I, CE 126 Real Estate Mathematics II, and CE 127 Real Estate Mathematics III
Instructor: Lei Bao
Email: yesbao82@gmail.com
Phone: (671) 487-2101
Web: https://niceonguam.blogspot.com
Office Hours: Mon-Fri 5:00 pm - 9:00 pm
Class Information
Mode: Online
Duration: 9 hours
Credit Hours: 9
Course Description
The course covers the methods and solutions to potential math problems seen on any given Real Estate Broker’s exam. It is designed to improve students’ mathematical logic and basic arithmetic skills including percentages, interest, time-value money, depreciation, amortization, prorating, and estimation of the closing statement.
Required Textbook
Lei Bao, Real Estate Handbook for Continuing Education, 1st edition. National Institute of Continuing Education, 2019
Learning Objectives for Students
On completion of the course, students will be able to solve math problems related to:
- Fractions, decimals, and percentages.
- List price, sales price, and net price.
- Compensation.
- Ad valorem taxes.
- Property taxes and legal descriptions.
- Area and volume.
- Interest and tools of investment analysis.
- Prorations.
- Lease calculations.
Assessment
Students need to complete all of the class assignments. The purpose of the assignments is for you to practice the concepts covered in class. Completing all the homework problems is the best way to practice and prepare for the exam.
You are encouraged to work with others on the assignments. However, do not simply use others to do your work but rather use others to help work through and engage in the concepts.
Exam
There is one final exam. You are expected to be present, seated, and ready to take the exam before the end of the class. You are permitted to use any outside materials, resources, or electronic devices on the exam. The final exam is comprehensive and will be given during a 30-minute block before the end of the class.
Passing Grade & Certificate
The final score of 75% will be considered as a passing grade, and the certificate will be issued to the participant within a week.
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