Your way of simplifying things, deconstructing it makes the concepts so easy. Anyone with a functioning brain would be able to catch it. I wish you all the best on your business venture. You make a great instructor, keep it up. People need help from instructors like you. Great work and great energy, keep up the momentum
I did it!! I passed the Michigan Real Estate exam yesterday… on the first try! 🙌🏾🙌🏾👏🏾👏🏾💃🏾💃🏾 I must give a HUGE shout out and thank you to Maggie! I know that I was successful because of your helpful videos. I can’t wait to see what’s ahead for me in real estate. 🎉🎈🎉🎈
You are so good explaining the breakdowns. I love it! I took the RE exam twice and failed it by just a couple points and I know math was my killer. I will watch your videos several times and retake the course soon. I'm starting to feel more confident thanks to your videos. Thanks!
I have enjoyed and have really appreciated your math videos. Thank you for taking the time to make them. I took a math practice exam yesterday and received 80% exactly what I needed to pass!
Thank you, Maggie. I FINALLY get it! I've been out of school for a VERY long time and your methods and teaching style are a great help. I'll be taking my PA State and Nat'l exam in a few weeks and your videos have been a great help.
Maggie, your vidoes and explicit instruction are incredible! I have learned so much since I stumbled upon your channel. I am no longer intimidated by the math portion of the real estate exam and this video just sealed the deal. I'm ready to take my Mchigan exam this weekend! I'm praying for a positive outcome...on the first try! :)
I FINALLY understand calculating proration. It was driving me nuts to the point I was guessing and when I thought I knew, I was still wrong. You really helped me figure it all out. Thank you so much!
@@nicoledanielle0303 Thank you. I’m glad to hear that. If you want to learn my foolproof method I came up with not too long ago to solve proration problems, check out this video 👉 Credits And Debits Explained For Real Estate Exam | Intro To The Dam/Dams Method To Proration th-cam.com/video/LL47mnmEkdI/w-d-xo.html
Hi Maggie. Your breakdown into individual subjects is SO helpful! Thank you! It is Learning the Math SO Much easier! I believe I find a few mistakes here and there, in the Captions, that seem to be very confusing. Question 3: At minute 13:08, it shows on the CC that the amount the Seller needs is: $2667, but the Math shows $2016.67. That is very confusing. Thank you for looking into this difference.
Hi Maggie. Still Studying and learning. Thank you for your wonderful Teaching methods! At minute 2:17....it mentions: 'Prating' Calculations. And at minute: 3:14....it mentions 'Probation Calculation' I am a 'Speller'...and every dot has to be 'Dotted', and every T has to be 'CROSSED'. Thank you! Getting CLOSER to taking that National Exam again!
@@kathyrains847 probation? Are you talking about the captions? Sometimes it does that. Even on my TikTok and once I was given a community violation bc of that word when I clearly meant proration 🤣
Thanks for sharing God Bless! I think this will really help taking the exam in Georgia. I am good at math and a musician just understanding from a real estate prospective. Knowing the amount of days to calculate based on the buyer closing or not would allow me to miss calculations and throw the problem off thanks again! I feel more confident to pass now!
@@bbmom0469 great! Thank you. Glad to help. If you’re looking for a better proration method, check this video out 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html
@@nortontrixie Thank you so much. 😊 for a better explanation on how to solve prorations, check out my updated video here 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html
your explanations are fantastic! Thank you :) How do you know when to use 360 day vs 365 day calendar? And who determines buyer/seller responsibility on closing date?
@@mrohde2067 usually it will tell you when to use 360/365 days. If it doesn’t tell you, use 365. The contract determines who is responsible for day of closing. If not in the question, the day of closing belongs to the seller. Hope that helps and thank you so much for your comment and support. Best of luck to you! 🫶
@@ludysaintil925 glad to hear that. Check out this video as it may be even better with my new method on how to solve proration questions 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html
@JustCallMaggie Hi Maggie, you are amazing, and your passion is great. Coming back to the debit and credit issues, homeowners insurance is paid at the beginning of the year, and therefore, the seller requires a refund. Taxes are paid at the end of the year, and therefore, the seller needs to pay what has been acrued to the time of closing. Please, how are debit credit handled in each case on the balance sheet? You can get the calculations right and still get the answer wrong.
@@morganarhin3819 Thank you. Most of the time it’ll be debit seller, credit buyer unless the amount has been prepaid, then it’s credit seller, debit buyer. I’m actually working on a video all about this.
I am confused for number 5 so you don’t start from Jan to Nov and count the days ? how’d you know to start on just that specific month and not start from Jan to Nov???
@@Iambeautiifull I would say to watch this video 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html as the video you watched on prorating (the one you’re asking about) was one of my first videos and I explain it better in the newer one. Hope that helps.
Maggie, yessss you helped me pass the math part. you broke it down so simple. Why are the teachers going a long route & making it seem so discouraging? lol
If it says that the buyer is responsible for the day of closing, why is the answer not c?I know what the rules say, but there was an exception in the problem itself.
Hi. Not sure which question you’re referring to. If the buyer owns the day of closing, do not count that day. If seller owns day of closing, count that day.
Hey I love your videos but one of your questions math is wrong. Question 5. You said there is 30 days in November when in fact there is 31. Did you mean to say that? Because of that difference I came out with a different answer than you. Please let me know.
@@bossstatussalon8431 hi. Yes I have a set of e-books for all states. It comes with 2 math books and one vocabulary book. I’ll leave the link here 👉 justcallmaggie.com/product/the-real-estate-power-trio-math-vocabulary-mastery/
This can confuse some for the most part on the national test they use 360 day years and 30 day months no matter what. I’m in Michigan and u don’t have to find the exact day in the month you just go by what I believe is called “bank calendars” which is 360 days in a year and 30 days in a month
Right! I understand that. Some states use the 360-day calendar and some use the 365-day calendar. But you still need to find the number of days in the month of closing. So in Michigan you just prorate an entire month and call it a day?
Thank you DEARLY. I failed twice due to the math and didn’t think I would every understand it, you’re a life saver! ❤️🙏🏾
Glad to hear. Thank you and best of luck to you. Stay confident. You got this! 🤓💪
I completely agree! The math was lowest score. She is helping me so much
You are awesome! I finally understand this! Please keep putting out content! Your an EXCELLENT TEACHER
Thank you so much 🤓 best of luck to you always! 🫶
Your way of simplifying things, deconstructing it makes the concepts so easy. Anyone with a functioning brain would be able to catch it. I wish you all the best on your business venture. You make a great instructor, keep it up. People need help from instructors like you. Great work and great energy, keep up the momentum
@@princepatrick4267 wow! Thank you so much. I truly appreciate that. Best of luck to you on your journey. I’m here for you. 🫶
I did it!! I passed the Michigan Real Estate exam yesterday… on the first try! 🙌🏾🙌🏾👏🏾👏🏾💃🏾💃🏾 I must give a HUGE shout out and thank you to Maggie! I know that I was successful because of your helpful videos. I can’t wait to see what’s ahead for me in real estate. 🎉🎈🎉🎈
@@shaungreene-beebe9128 amazing work!!! Congratulations to you and welcome to the world of real estate. Best of luck to you on your next chapter!!!
Math is becoming so much easier with your videos
That’s great! Glad to help.
You are so good explaining the breakdowns. I love it! I took the RE exam twice and failed it by just a couple points and I know math was my killer. I will watch your videos several times and retake the course soon. I'm starting to feel more confident thanks to your videos. Thanks!
Thank you so much. Best of luck to you on your exam. Hope this time goes well.
The best mathematics teacher I have ever come across
@@mariame3586 woohoo!! Thank you 😊 I appreciate that. 🤓🫶
You are The Best teacher!! Thank you Maggie!
@@tonigirl5959 Thank you so much. I appreciate you. Good luck!!
truly a great teacher. no one else was able to help me understand the material.
Thank you so much. How sweet of you. Best of luck to you 🤓🫶
Thank you so much!!! I'll be starting this month for the second time and I'm confident that I will pass. You teach so well!! THANK YOU!! ❤❤❤
@@beverlyphillips3305 great! Best of luck to you. Thank you so much for your kind words. You got this! 🫶
Oh my goodness Maggie you’re amazing. The math portion became so simple to me after watching your videos. Thank you!Thank you, Thank you
I am so happy to hear my teachings resonate with you. Thank you so much for sharing your thoughts. Best of luck to you!!! 🤓🫶
I have enjoyed and have really appreciated your math videos. Thank you for taking the time to make them. I took a math practice exam yesterday and received 80% exactly what I needed to pass!
I'm loving the sound of that! Great job and thank you so much for your comments. I appreciate you! Keep me posted and good luck!!!!
Thank you, Maggie. I FINALLY get it! I've been out of school for a VERY long time and your methods and teaching style are a great help. I'll be taking my PA State and Nat'l exam in a few weeks and your videos have been a great help.
Thank you so much for your kind words. Glad to help. Best of luck to you on your real estate journey 🤞🤓
OMG Maggie, watching your math videos makes me feel like I’m actually smart in math 😅 thank you for the way you break it down!
@@sorayasmith8357 you are smart. Just need the right tools. You got this!!!
Maggie, your vidoes and explicit instruction are incredible! I have learned so much since I stumbled upon your channel. I am no longer intimidated by the math portion of the real estate exam and this video just sealed the deal. I'm ready to take my Mchigan exam this weekend! I'm praying for a positive outcome...on the first try! :)
@@shaungreene-beebe9128 I love this. Thank you so much. I’m happy to hear my videos are helping you. Best of luck to you on your exam!!
Maggie, your methods are really what I've needed. I appreciate all the time and effort you put into sharing with us. Thank you so much!
@@DianaDanielsRE Thank you so much. I’m glad to hear my teachings resonate with you. Best of luck on your exam.
@@JustCallMaggie I passed today! Thanks to your tips!
@@DianaDanielsRE WOW!!! 🥳🥳🥳 This is awesome. 👏👏👏 congratulations!!! You should be so proud of yourself!! 🤓🫶
I FINALLY understand calculating proration. It was driving me nuts to the point I was guessing and when I thought I knew, I was still wrong. You really helped me figure it all out. Thank you so much!
@@nicoledanielle0303 Thank you. I’m glad to hear that. If you want to learn my foolproof method I came up with not too long ago to solve proration problems, check out this video 👉 Credits And Debits Explained For Real Estate Exam | Intro To The Dam/Dams Method To Proration
th-cam.com/video/LL47mnmEkdI/w-d-xo.html
Hi Maggie. Your breakdown into individual subjects is SO helpful! Thank you! It is Learning the Math SO Much easier! I believe I find a few mistakes here and there, in the Captions, that seem to be very confusing. Question 3: At minute 13:08, it shows on the CC that the amount the Seller needs is: $2667, but the Math shows $2016.67. That is very confusing. Thank you for looking into this difference.
Hi Maggie. Still Studying and learning. Thank you for your wonderful Teaching methods! At minute 2:17....it mentions: 'Prating' Calculations. And at minute: 3:14....it mentions 'Probation Calculation' I am a 'Speller'...and every dot has to be 'Dotted', and every T has to be 'CROSSED'. Thank you! Getting CLOSER to taking that National Exam again!
@@kathyrains847 probation? Are you talking about the captions? Sometimes it does that. Even on my TikTok and once I was given a community violation bc of that word when I clearly meant proration 🤣
This video is excellent. This is the first time I understand this:)
@@DaMinion69420 awesome! Thank you so much. Good luck to you. Check out this video for more on proration 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html
Thank you very much just passed my broker state Exam thank you again
@@volvickattilus4666 excellent!! Great news. Congratulations 👏👏👏
Great video. Thanks. You made it easier🙏🏽
@@generoland5032 Thank you. This video explains it a little deeper 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html
Thank you very much on Proration Calculations.
Glad to help. Thank you for your comment.
WOW you made this so simple! thank you for your explanations.
Thank you. Glad to hear this helped you. Best of luck to you!
Thanks for sharing God Bless! I think this will really help taking the exam in Georgia. I am good at math and a musician just understanding from a real estate prospective. Knowing the amount of days to calculate based on the buyer closing or not would allow me to miss calculations and throw the problem off thanks again! I feel more confident to pass now!
Glad it was helpful! Best of luck to you. ❤
Thanks will keep y’all updated!
@@robertgidron9187 Thank you 😊
thanks!! found you on tik tok... i really needed this!!
@@bbmom0469 great! Thank you. Glad to help. If you’re looking for a better proration method, check this video out 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html
Another great video!!!
Wow! Thank you so much 😊
That was a huge help. Many thanks
Thank you. Glad to help. Best of luck to you!
You were recommended thru the FB group for PrepAgent. You are def a life saver!!! than you!
Oh my! Wow 😮 thank you. I’m so honored. Thanks for your sweet comment 🫶
Thanks for the video, please when should we start at the months after the closing date? I see mostly we start on the previous months of the closing?
@@kervelayd.8628 I always work from days the seller owns the property. This video here explains it better 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html
Thank you so much for the great work you put out there, tomorrow is my exam , wish me luck.. ❤
@@munyegerwaanastasie oh wow. Good luck! Thank you so much for your kind words. 🤓🫶
Thank you Maggie
@@arturg2925 Thank you 😊 best of luck to you.
GREAT content
@@nortontrixie Thank you so much. 😊 for a better explanation on how to solve prorations, check out my updated video here 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html
your explanations are fantastic! Thank you :) How do you know when to use 360 day vs 365 day calendar? And who determines buyer/seller responsibility on closing date?
@@mrohde2067 usually it will tell you when to use 360/365 days. If it doesn’t tell you, use 365. The contract determines who is responsible for day of closing. If not in the question, the day of closing belongs to the seller. Hope that helps and thank you so much for your comment and support. Best of luck to you! 🫶
@@JustCallMaggie thank you 😊
@@mrohde2067 you’re welcome
Thank you❤🙏🏽
@@generoland5032 Thank you 🫶
this was helpful, thank you
@@jaypowelljr2714 glad to hear. Thank you! Best of luck
Thank you so much..never thought i would understand this😢
@@Ashley-j8f you’re gonna do great!!!
Omg THANK YOU 😢 I GET IT NOW!
@@ludysaintil925 glad to hear that. Check out this video as it may be even better with my new method on how to solve proration questions 👉
th-cam.com/video/LL47mnmEkdI/w-d-xo.html
Please help me understand question number 4. I thought you said if the closing belong to the buyer, we do not count the closing day.
Yes that is why we only counted 14 days instead of 15 since closing was on April 15.
Hi!!! Ur videos are a like saver😊 can you explain why DAM was used instead of DAMS for the monthly HOA question for #5
Because if it was not paid by the seller, then we use the DAM method. Good question! Best of luck doll. Thank you for your support.
Hi Maggie, Thanks for making the math look simpler. After getting the answer, who is debited and who is credited and why?
Seller is usually debited since they owe the money and buyer is credited.
@JustCallMaggie Hi Maggie, you are amazing, and your passion is great. Coming back to the debit and credit issues, homeowners insurance is paid at the beginning of the year, and therefore, the seller requires a refund. Taxes are paid at the end of the year, and therefore, the seller needs to pay what has been acrued to the time of closing. Please, how are debit credit handled in each case on the balance sheet? You can get the calculations right and still get the answer wrong.
@@morganarhin3819 Thank you. Most of the time it’ll be debit seller, credit buyer unless the amount has been prepaid, then it’s credit seller, debit buyer. I’m actually working on a video all about this.
@@JustCallMaggie l appreciate your support.
I am confused for number 5 so you don’t start from Jan to Nov and count the days ? how’d you know to start on just that specific month and not start from Jan to Nov???
And also why are we dividing 250/30 instead of 250/360 .. in the other math problems you divided 365 for annual taxes .
@@Iambeautiifull I would say to watch this video 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html as the video you watched on prorating (the one you’re asking about) was one of my first videos and I explain it better in the newer one. Hope that helps.
thank you :)
@@LeilaShojaei you’re welcome. Thank you for your support 🫶
Thank you Maggie, you are verry good!
Thank you so much for your kind words. Best of luck to you 🤓🫶
Why dont count other months for HOA fees?
If HOA is paid monthly, like rent, then you would only count that one month. But if it’s paid annually, like taxes, then you count from January
Maggie, yessss you helped me pass the math part. you broke it down so simple. Why are the teachers going a long route & making it seem so discouraging? lol
Yay!!! So glad to hear you understood the steps for the math. Congratulations on passing 👏👏👏 see how easy math is?! 🤓🫶
If it says that the buyer is responsible for the day of closing, why is the answer not c?I know what the rules say, but there was an exception in the problem itself.
Hi. Not sure which question you’re referring to. If the buyer owns the day of closing, do not count that day. If seller owns day of closing, count that day.
Hey I love your videos but one of your questions math is wrong. Question 5. You said there is 30 days in November when in fact there is 31. Did you mean to say that? Because of that difference I came out with a different answer than you. Please let me know.
@@msminimi14 November has 30 days in it.
Im so sorry. . Im new here. Do you sell real estate books? Indiana?
@@bossstatussalon8431 hi. Yes I have a set of e-books for all states. It comes with 2 math books and one vocabulary book. I’ll leave the link here 👉 justcallmaggie.com/product/the-real-estate-power-trio-math-vocabulary-mastery/
@@bossstatussalon8431 they are good for all states. Not Indiana specific, but it will help you for the national portion.
@@JustCallMaggie thank you very much
stupid question but how do you know to round it up 4 places in step 1? $4800/365
@@qstlives You always round to 4-5 decimal places in that step as it can affect the final answer.
What if the question doesn't mention whose responsibility would be on the day of closing?
Then it automatically defaults to the seller. 🤓
I almost lost myself until you reminded 360 days must be calculated with 30 on the division I wish you were my teacher 😅
@@thesege yes!!! Way to go and catch yourself.
This can confuse some for the most part on the national test they use 360 day years and 30 day months no matter what. I’m in Michigan and u don’t have to find the exact day in the month you just go by what I believe is called “bank calendars” which is 360 days in a year and 30 days in a month
Right! I understand that. Some states use the 360-day calendar and some use the 365-day calendar. But you still need to find the number of days in the month of closing. So in Michigan you just prorate an entire month and call it a day?
Great video it’s finally starting to click lol
@@InspiringMinds-r1p Thank you. I think this video will really bring it all together 👉 th-cam.com/video/LL47mnmEkdI/w-d-xo.html