Spruce Blog

News and More About Real Estate Licensing in West Virginia

Name: Spruce School of Real Estate
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Whether you're a new agent just starting out or an experienced real estate professional looking to stay up-to-date on the latest changes, our blog provides valuable insights and resources to help you navigate the complex landscape of real estate licensing and regulations.

Real estate math whiteboard: formula for calculating original price from sales price and profit percentage

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How to find the ORIGINAL sales price

WARNING, this is NOT a very mathematical approach to finding the original sales price of a property. This is a plug and play equation I compiled after watching a LOT of videos on this subject. Mathematicians would cry at the…

$This ain't really math graphic asking what is a promissory note$

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Promissory Note Math for the Real Estate License Exam

In today’s episode of “Spruce Answers”your real estate license prep test questions we have a quick one. It reads “Using the services of a mortgage broker, a buyer borrowed $25,000 from a private lender. After the loan costs were deducted,…

$Final answer showing 3,484,800 divided by 43,560 equals 80 acres$

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How to Solve Real Estate Section Math for the WV License Exam

Taught by Billy Zwiener, WVREC-approved instructor and second-generation owner of Spruce School of Real Estate — family-owned and WV’s first online real estate school (WVREC Provider #32-SP). There are a few real estate math topics in your real estate license…