# Real Estate Exam [California] 25, Real Estate Math for the California Exam Page: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-california-25-real-estate-math-for-the-california-exam Text version: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-california-25-real-estate-math-for-the-california-exam.md Podcast: [Real Estate Exam Prep](https://stenobird.com/podcast/real-estate-exam-prep-7644240) Published: 2026-06-29T00:21:14+00:00 Episode link: https://open-exam-prep.com/ Audio file: https://episodes.captivate.fm/episode/adff799b-f916-41bc-ab8f-93bba9b19245.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/real-estate-exam-prep-7644240/episodes/real-estate-exam-california-25-real-estate-math-for-the-california-exam Duration seconds: 266 ## Resource This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to correctly calculate and assign debits and credits for property tax prorations. - The multi-step process for determining an agent's commission after broker splits. - How to calculate Loan-to-Value (LTV) ratios and down payments. - The method for calculating California's specific property and documentary transfer taxes. - Key formulas for capitalization rate and Gross Rent Multiplier (GRM) for income properties. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/real-estate-exam-prep-7644240/episodes/real-estate-exam-california-25-real-estate-math-for-the-california-exam/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-california-25-real-estate-math-for-the-california-exam.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.