Annette  Lawrence , Palm Harbor, FL 727-420-4041, Making FLORIDA Real Estate EZ  (ReMax Realtec Group)

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Ambassador
1,765,603
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

We figured out that most of the stuff on the test we never need.  Then 13% figure out what they actually need to know and do it.  The other 87% go poof!

May 01, 2017 08:32 AM
Rainmaker
1,394,469
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

How much wood, would a wood chuck chuck, if a wood chuck could chuck wood?  I'm still working on that one.

May 01, 2017 09:57 AM
Ambassador
5,464,087
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Back in class Annette?

 

I Figure it out every day.

 

May 01, 2017 09:09 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

After taking CCIM classes nothing is hard about residential real estate math.

May 01, 2017 08:57 AM
Rainmaker
4,268,122
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Keeping track of the number of sites that will do the math for you! Seems to be infinite!

May 01, 2017 08:43 AM
Rainmaker
5,572,175
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I thought my answer was just fine.... real estate math is not difficult... new construction estimating requires patience, but it, too, is simple.... 

May 01, 2017 08:42 AM
Rainmaker
2,030,050
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

explaining MIP

May 01, 2017 08:39 AM
Rainmaker
1,730,395
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

Actually, I answered that question nicely the first 10 times.

There is no difficult math anymore thanks to mortgage widgets, etc. There's a program that will figure it all out for you.

There are just so many things on the web or HTML that I've had to implement & figure out. Just go for it. 

 

May 01, 2017 08:39 AM
Rainmaker
1,044,855
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Doing math has never been an issue for me... explaining math to the mathmatically challenged. That's another issue ;-)

Dec 18, 2017 01:45 PM
Rainmaker
4,179,556
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

There is none.

May 01, 2017 11:04 AM
Ambassador
2,078,717
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

The one that has too many unknowns. 

May 01, 2017 10:16 AM
Rainmaker
392,261
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

Trying to figure out why your commission is never as high as you hoped it would be.

May 01, 2017 09:15 AM
Rainmaker
1,959,645
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Can't think of any difficult math in real estate...

May 01, 2017 06:49 PM
Rainmaker
5,650,962
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Annette,

We never found it hard,  we figured ROI and IRR (Internal Rate of Return) on our super duper HP calculator.  A

May 01, 2017 10:07 AM
Rainmaker
827,342
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

None of it is difficult.

May 01, 2017 09:56 AM
Rainmaker
1,157,962
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Clients want 100% of commission agent claims she  is entitled.

May 01, 2017 09:45 AM
Rainmaker
3,070,134
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Ryan Huggins - Thousand Oaks, CA nailed this one!

May 02, 2017 04:05 AM
Ambassador
4,314,294
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Annette Lawrence , Palm Harbor, FL 727-420-4041 - well, working on mastering the SEO....lol!

May 01, 2017 10:14 PM
Ambassador
4,310,777
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Investment calculations drive me bonkers - I think it's because I'm so intuned to general real estate (re-sales and new construction) that I just don't do it enough to do it without thinking about it!

May 01, 2017 09:48 PM
Ambassador
3,986,760
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

There are so few math questions on the exam so I say if they study and know everything else there is no meed to sweat any of the math as they can miss all of them and still pass.

May 01, 2017 09:22 PM
Rainmaker
1,255,113
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Marriage.

May 01, 2017 08:41 PM
Rainmaker
4,209,636
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I really don't see any of it as difficult.

May 01, 2017 07:40 PM
Rainmaker
3,985,922
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Keeping enough money in your checkbook

May 01, 2017 04:21 PM
Rainmaker
1,157,535
FN LN
Toronto, ON

If you don't know it, you can Bing it (or use whatever favourite search engine you use).

May 01, 2017 02:13 PM
Rainmaker
923,423
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

There are a few many agents have difficulty with because they seldom if ever use them - most have to do with investment calculations or commercial income calculations

Of course all agents can get their commission calculated with no problem LOL

May 01, 2017 01:13 PM
Ambassador
3,082,181
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

The last thing was biting my tongue and not saying what I was thinking to an escrow officer that insisted a cloud on title was not a cloud on title. She had some big@ss title to go along with her inability to know and do her job. 

May 01, 2017 11:51 AM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

none for me at this time

May 01, 2017 11:48 AM
Rainmaker
3,339,325
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I liked my answer as well. Math is not difficult. These days their are computer programs and calculators built into web sites. We had to do all that by hand. We also use to pre qual our buyers which is rarely done anymore. New agents have it easy except of they need to do it old school, some cant as they were never taught

May 01, 2017 11:20 AM
Rainmaker
527,095
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Figuring out how to close a deal when the liens exceed the sales price

May 27, 2018 04:26 AM
Rainmaker
1,644,682
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

Still workin' on it!

May 03, 2017 05:28 AM
Rainmaker
4,799,601
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

There's math in real estate?

May 02, 2017 05:37 AM