Real estate math practice test

Seven calculation items — area, value, commission, loan costs, prorations, investment.

7 scored items on the national portion 9% of the exam 19 practice questions here
Real estate math Question 1 of 10

An investor buys for $180,000 and sells for $216,000, ignoring costs of sale. What is the percentage of profit on cost?

What this area asks

Seven items, every one of them classified as application or analysis rather than recall, which is the outline saying plainly that you will be given a situation and asked to compute rather than asked to recognize a formula. The arithmetic is ordinary. What catches people is set-up: which number is the base, which side of the settlement statement a figure belongs on, and whether the question wants net to the seller or cost to the buyer.

Square footage and acreageCMA, net operating income and cap rateEquity and listing priceAssessed value and property taxesCommission splitsInterest, loan-to-value and discount pointsAmortization and prepayment penaltiesDown payment and PITINet to seller and cost to buyerProrations, debits and creditsTransfer tax and recording feesReturn on investment, appreciation, depreciation

The topic list above is taken from the exam’s own published content outline, where this area appears as Real estate math calculations.

Frequently asked

How many real estate math questions are on the real estate exam?
7 of the 80 scored items on the national portion — about 9% of it. The published content outline calls this area "Real estate math calculations".
Is there a passing score for the real estate exam?
Not a national one. Each state commission sets its own, and states express it differently — Texas publishes a raw number of correct answers, California a percentage of the whole exam.
Is this the official exam?
No. These are original practice questions written for study, built to the exam’s published content outline. The exams themselves are delivered by Pearson VUE and PSI under contract to state commissions.

The other content areas

Each one draws only from its own bank, so a weak area can be worked until it is not one. The number beside each is how many of the exam’s 80 scored items it carries.

Sources

Every figure on this page comes from one of the documents below, with the date it was read. Requirements change; if a source has moved on since that date, the source is right and this page is out of date.

Independent exam preparation. Real Estate Exam Bank is not a state-approved pre-licensing course and completing anything here does not satisfy any state education requirement. Not affiliated with, endorsed by, or authorized by any state real estate commission, Pearson VUE, or PSI. Practice questions here are original study material, not the official exam.