Math in real estate is an important thing because it is the main way to calculate profit in real estate. Real estate math is also part of the job, you need to know how to determine the price of land, commissions and closing costs. Although the mathematics used in real estate is not very complex, it is persistent as it is used throughout every work day and each time it is used will be unique each time. Real estate is a business that combines mathematics and property. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Mathematics is used in real estate and is important when you need to determine the price of land. For example, let's say a property sells for 8.3 acres and $15,560 per acre, to determine the full sales price, you would take the total number of acres and multiply by the price per acre: $15,560 x 8.3 = $129,148. Real estate math can calculate the price of land or property. Being able to do this is important because the value of land or property is highly dependent on mathematics and being able to determine that value is important. The mathematics used in real estate is useful when you need to know the commission you will be paid. For example, a property sells for $225,000 and we need to find the 6% commission split. We can calculate a 6% commission split by multiplying the sales price by the commission rate in decimal format: $225,000 x 0.06 = $13,500. Real estate math can calculate the commission that will be paid. Being able to use math in real estate is important because the commission depends on math to determine the commission. Mathematics is used in real estate and helps you when you need to know the closing cost. For example, during negotiations, the seller agrees to pay 3% of the purchase price for closing costs to be paid by the buyer. I'll use the same $225,000 sales price as the last example. To find your closing cost, take the sales price and multiply it by the percentage in decimal form: $225,000 x 0.03 = $6,750. Real estate math can calculate the closing cost you will pay. Being able to use math in real estate is important because the closing cost is what essentially finalizes a sale and it all depends on math to determine it. Math is important in real estate because it is needed when you need to determine the price of the land, when you need to determine the commission amount, and when you determine the closing cost. Mathematics is extremely important for real estate. Mathematics is used by many people. Mathematics is necessary and useful to people not only in real estate. Mathematics has changed the world in so many ways it's amazing. So many things that happen because of math go unrecognized, like how learning to count changed everything so much. One thing I had no idea about was Liber Abaci and what Blaise Pascal and Pierre de Fermat did for a simple dice game. These two things did so much that I didn't know about them yet. The invention of counting dates back almost 35,000 years. The invention of counting is important for people in general. We count things every day and we learn to count from an early age because it is useful and necessary for us. The main use of countdown in the course.