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Real Estate Calculations — Real Estate Salesperson — National Exam Practice Test

Real Estate CalculationsQuestion 1 of 30

48 questions in this topic · 30 drawn at random this round

A property sells for $480,000 and the seller agrees to pay a 5% commission. The listing broker and the selling (cooperating) broker split the total commission equally. How much does the selling broker's firm receive?

Real Estate Principles (National/General)

Questions are based on the public PSI and Pearson VUE national content outlines plus standard real-estate principles (agency, contracts, property ownership, valuation, financing, disclosures, calculations). This covers the NATIONAL portion only — your state also has a separate STATE-law portion. The real exam is given in English; some states separately offer a Spanish-language administration.

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This Real Estate Salesperson — National Exam Real Estate Calculations practice set has 48 practice questions based on the official exam materials, each with an instant explanation. You need 75% on the real Real Estate Salesperson — National Exam knowledge test to pass.

Sample questions

Three questions from the Real Estate Calculations bank with the correct answer and an explanation. The practice quiz above draws 30 questions at random from the same bank.

  1. A rectangular house measures 40 feet by 30 feet. What is its floor area in square feet?

    • 1,200 square feet — Correct answer
    • 70 square feet
    • 140 square feet
    • 12,000 square feet

    Explanation: Area of a rectangle = length × width. Substitute: 40 ft × 30 ft = 1,200 sq ft. Multiplying length by width (not adding them) gives area. Square footage（平方英尺面积）: the area of a surface measured in square feet.

    Handbook: Real Estate Calculations — Square footage of a rectangular house

  2. An L-shaped house consists of a main section 50 feet by 30 feet plus a wing 20 feet by 15 feet. What is the total floor area in square feet?

    • 1,800 square feet — Correct answer
    • 1,500 square feet
    • 1,200 square feet
    • 2,100 square feet

    Explanation: Divide the L-shape into two rectangles and add their areas. Main: 50 ft × 30 ft = 1,500 sq ft. Wing: 20 ft × 15 ft = 300 sq ft. Total: 1,500 + 300 = 1,800 sq ft. L-shaped area（L 形面积）: total area found by splitting the shape into rectangles and summing them.

    Handbook: Real Estate Calculations — Square footage of an L-shaped house

  3. A parcel of land contains 87,120 square feet. How many acres is this?

    • 2 acres — Correct answer
    • 4 acres
    • 1 acre
    • 0.5 acre

    Explanation: Convert square feet to acres by dividing by 43,560 (the number of square feet in one acre). Substitute: 87,120 ÷ 43,560 = 2 acres. Acre（英亩）: a unit of land area equal to 43,560 square feet.

    Handbook: Real Estate Calculations — Acreage conversion