Course Details

Real Estate Brokers and Salespersons

Residential Re Math

A low purchase price does not mean that a purchaser can afford to purchase the house or should buy one house over another. Getting the right sales price might not be the right amount of money for the seller to be able to afford to move. Yes, a good buy and the right sales price are matters of opinion, but those opinions must be informed opinions that are only made after a careful analysis of the closing costs, the capital gains tax consequences, the State and Local Tax deductions, the Mortgage Interest deduction and many other considerations. This 3 credit continuing education course will teach you cost-benefit analysis from a mathematical perspective. Learn every cost realized from the transaction – we will talk transfer tax and mansion tax; attorneys’ fees and title fees; community specific fees and the costs of recording. By gaining a keen understanding of the numbers, you will have all of the answers. You will own the transaction and become the indispensable broker to your clients. You will be needed as they plot their next moves. 

Credits: 3.00 CE Hours