# David Saks Blog

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Education & Training - The Real Estate Mart of Tennessee, Inc. - TN LIC# 290452
David Saks is a musician and real estate broker. He's a long-time ActiveRain member and also hosts his own radio program on Saturday night at the University of Memphis. You can listen live at http://www.memphis.edu/wumr/profile_saks.php David's blog also features important information relevant to the safety,integrity and security of the industry. In addition to his real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community.

## Real Estate Math Class : Lesson 98

The commission rate for selling a condominium was 5% of the first 100 thousand dollars and 2.5% for anything over that amount. The brokers commission was \$7,300 What did ...

## Real Estate Math Class : Lesson 97

A man bought a farm for 880 thousand dollars and sold it for one million dollars. The expenses he incurred from the sale of the farm were 10 thousand dollars. His profit was what pe...

## Real Estate Math Class : Lesson 96

The municipality borrowed 2 million dollars for one year for the construction of an addition to a public school. If 550 thousand dollars in total interest was paid at the end of the year, wha...

## Real Estate Math Class : Lesson 95

A man took out a loan for \$1500 at the loan rate 5.5% or 5 1/2% per annum. If he paid back the loan with 25 dollars in interest how long did he keep the money before he paid it back ? The answ...

## Real Estate Math Class : Lesson #91

A man borrows money for six months at 6% annual interest rate payable in advance. How much does he have to borrow in order to have 1000 dollars in cash immediately ? Answers and so...

## A Time to Reflect and a Time to Heal

I posted this to a blog and I was encouraged by a friend to post this to the community: Many agents are start up agents, new entry, new affiliates, and don't have the financial advantages ...

## Real Estate Math Class : Lesson 94

If a property is assessed at \$140,000 and the tax rate is \$21 per \$1000 of assessed value, how much will the owner be liable in taxes ? Answers posted below the wildlife photo. T...

## Real Estate Math Class : Lesson 84

A salesman presents a listing on a parcel of land for 50 thousand dollars will only receive 10% of the totlal commission of 5% on the sale of the land. If a second sales agent s...

## Real Estate Math Class : Lesson 93

Here's an easy one for you. A real estate salesman receives a 5% commission for selling a house for \$160,800. How much does the salesman receive, and how much will the owner receive after ...

## Real Estate Math Class : Lesson 92

An investor receives \$525 at the end of 6 months as a return on money invested at 6% per year. How much money has he invested ? Answers posted below the wildlife pictures. Take your time. A. \$17...
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## David Saks

Education
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"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies

The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.