David Saks' Blog

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Industry Observer - TN LIC# 290452
David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2008 

                                                         If you owned a property for 10 years, then sold it for $13,000 with a 10% profit, what did you pay for the house originally? Check your answers here : Math Answers Comments have been disabled to allow to you find the answer. Next Problem Th...
09/06/2008
                                                        Here's another simple problem: 150 is 2 1/2% of what number? Check your answers here : Math Answers Comments have been disabled to allow to you find the answer. Next Problem The next problem not be available if not posted in the queue yet. H...
09/06/2008
                                                     $25,000 is 95% of how much ? This is a simple one. Clue : Remember to divide ! Check your answers here : Math Answers Comments have been disabled to allow to you find the answer. Next Problem The next problem not be available if not posted in t...
09/06/2008
                                                         4. If the tax rate is 16 mills for the township and 22 1/2 mills for the schools, how much are the taxes on a property worth $5,000 assessed at 70% of it's value? Check your answers here : Math Answers Comments have been disabled to allow t...
09/06/2008
                                                        An agent was to receive a commission of 5% on a piece of property listed at $30,000. How much will the agent receive if the owner reduces the selling price by 15%? No need to stick your neck out too far on this one :-) Check your answers her...
09/06/2008
                                                      The real value of a property is $6,000. It is assessed at 60% of it's real value and taxed at a rate of 55 mills on assessed value. What are the taxes? Check your answers here : Math Answers Comments have been disabled to allow to you find the...
09/06/2008
                                       The answers to the real estate math problems will be posted in increments of ten at a time. The comments feature has been deactivated in order to allow you to find the answer on your own. 1. 0% Four parcels cost 12000 and so do six. No profit. 2. 14.2857% Fo...
09/06/2008
                                         Bob spends 3500 dollars each for four parcels of land. He decides to subdivide them into six parcels and sells each one of the six parcels for 2000 dollars. What was Bob's profit percentage ? Check your answers here : Math Answers may not be available till...
09/04/2008
                                 Bob spends 3000 dollars each for four parcels of land. He decides to subdivide them into six parcels and sells each one of the six parcels for 2000 dollars. What was Bob's profit percentage ? Check your answers here : Math Answers Comments have been disabled to al...
09/04/2008
6 Comments
                                                        Accepting liability for your judgement and action may be considered a hallmark of maturity and wisdom. It's essential in today's business world that we remain energetic and alert. The demonstration of ingenuity can take you a long way in a s...
09/03/2008
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David Saks

Broker / Industry Analyst
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