Amazon.com: Mastering Real Estate Mathematics (Mastering Real Estate Mathematics, 6 ed) (9780793111428): William L Ventolo, Ralph Tamper, Wellington J. Allaway: Books

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Mastering Real Estate Mathematics (Mastering Real Estate Mathematics, 6 ed) [Paperback]

William L Ventolo (Author), Ralph Tamper (Author), Wellington J. Allaway (Author)
4.4 out of 5 stars  See all reviews (13 customer reviews)


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Book Description

August 1995 Mastering Real Estate Mathematics, 6 ed
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.

--This text refers to an alternate Paperback edition.


Product Details

  • Paperback: 259 pages
  • Publisher: Dearborn Trade Pub; 6th edition (August 1995)
  • Language: English
  • ISBN-10: 0793111420
  • ISBN-13: 978-0793111428
  • Product Dimensions: 10.7 x 8.5 x 0.6 inches
  • Shipping Weight: 1.4 pounds
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (13 customer reviews)
  • Amazon Best Sellers Rank: #207,849 in Books (See Top 100 in Books)

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Customer Reviews

13 Reviews
5 star:
 (8)
4 star:
 (3)
3 star:
 (1)
2 star:
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Average Customer Review
4.4 out of 5 stars (13 customer reviews)
 
 
 
 
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53 of 53 people found the following review helpful:
5.0 out of 5 stars Mastering Real Estate Math, November 21, 2003
By 
Sarah Schneider (Philadelphia, PA United States) - See all my reviews
Whether you are entering the real estate market for the first time and are prepping for your exam, or are a seasoned pro, this book is a total Godsend! Ralph Tamper and his associates have amassed an impressive, comprehensive and easily digestible volume on any and everything you need to know about the specifics of real estate math to get started-and thrive-in the business. And, if like me me, it's been a very long time since you've even seen a math book, you, too, will be eternally grateful for this book!
Mastering Real Estate Math walks you step-by-step through every pertinent scenario and provides clear, concise instruction, practice questions, and a challenging test at each chapter's end, so you'll feel confident and ready on exam day...and beyond. The answer key shows the methodology used in problem solving, enhancing the learniong process.
I couldn't have passed my exam without it! This text should absolutely be a requirement in all real estate education curriculums in the USA, not just for exam prep, but for use in everyday practice. Even my mortgage broker in California who has 20 years in the business got it and he loves it!
Big kudos again to Ralph Tamper and Co. for a producing an essential workbook, and thus providing real estdate industry professionals with a tremendous asset. And kudos also to Dearborn Real Estate Education for their fine roster of real estate educational materials.
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22 of 23 people found the following review helpful:
2.0 out of 5 stars Extremely basic - for the very beginner, December 24, 2006
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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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22 of 23 people found the following review helpful:
4.0 out of 5 stars the right formula, July 25, 2005
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".
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Inside This Book (learn more)
First Sentence:
This textbook starts at a very basic math level. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
monthly minimum rent, pick out the important factors, regular calendar year, tax reserve account, broker deducted, purchase agreement calls, building replacement cost, transfer tax stamps, total from step, state transfer tax, statutory year, checking your answers, annual net operating income, familiarity with the material, tax proration, original list price, quarterly interest payments, sales comparison approach, problems that follow, gross annual sales, assumed loan, simplified question, income capitalization approach, annual tax bill, total commission
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Total Rate, Debit Credit Debit Credit, Subtotals Due, Items Receipts Disbursements Earnest, Rate Step, Total Step, Fannie Mae Form
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