In other publications we have already talked about the preparation course for the real estate exam in order to obtain the real estate agent’s license.
But you probably have several questions about how to study for the real estate exam, what the content will be like, how much you need to study, how to prepare, how hard is the real estate exam, how much it costs, and how to pass real estate exam, among other concerns.
Taking any kind of test is a stressful situation in itself. You have invested a lot of time and money to demonstrate all your knowledge in a few hours. So we advise you to see it in a positive way, as the first big step in your career for becoming a real estate agent. In this publication we will provide some tips to prepare you for the examination, so that you can build up your confidence before you sit down to take the test.
Talk to Real Estate Agents
As with any test, preparation and organization are key to success. If you are nervous about passing or sitting for the test, talk to real estate agents in your area who have recently been licensed. This could help you relax, as well as being a great networking opportunity.
Take the Preparation Course
It is important that you check the real estate licensing requirements of the place where you live or plan to work. You can easily enroll in a real estate exam prep course online to help you with your preparations. There are also websites and books that offer additional preparation for passing your real estate exam.
The required courses leading up to the exam can take from 60 to 100 hours, but depend on your individual timeline and your ability to complete the coursework.
Don’t study alone
Preparing for your real estate exam with a friend can help you get information that might otherwise be lost, and also helps you be accountable for completing the exam in a timely manner. Whether you’re talking about zoning, land descriptions, agency relationships or math, having a friend help you can make the process more fun.
Take a real estate exam practice test
Set a timer and take a real estate test practice to get the benefit of taking the test in real time. As you progress through the study process, taking practice test for real estate exam can also show you where you might need to spend the most time.
Most states allow approximately three hours and fifteen minutes to complete the actual exam, although it may differ depending on how your state structures the test.
Answer Practice Questions
Using a website such as Quizlet, which enables you to enter data and test yourself, could be a great way to research real estate. You can study the information you learn in your test preparation course and even share a set of information with friends so you can study together. You can also simply write information on note cards if you want to keep things old school, since writing information physically can help some people retain information better.
Parts of the test
In general, the exam is divided into a national part and one regulated by the state/province in which you want to be licensed. The tests are generally quite similar in all areas, but may require some knowledge of the details of the state, so a state-specific preparation course may be beneficial. In other cases, you will have to contact the local Realtor’s Association, the Chamber of Real Estate Agents or Real Estate Assistant Association of the country or region you live in and find out their test modality.
Answer the questions you know first
By skipping questions you don’t know the answers to and focusing first on questions you do know the answers to, you ensure that you have time to answer the questions you are most likely to answer correctly. If you are short on time, you might also guess the real estate exam questions you wouldn’t have a chance to answer correctly anyway.
Anticipate the right answer before looking at the options
An easy way to stumble over the real estate license exam is to misinterpret an answer choice, thanks to complicated wording. You could say that misleading language is fair game in tests like this, so double negatives, unrelated conclusions or false leads are common.
You can combat this by making a prediction about what you think the answer will be before looking at the answers. By doing so, you are giving yourself an answer that you can compare to the answer choices, rather than trying to find an answer that sounds better than the others. If an answer choice does not come close to what you predict, it is probably wrong. If you line up well with what you had in mind, you probably have the right one.
Score needed to pass
It depends on each country and region’s regulations. In the US, for example, a score of 70% or higher is required to pass a real estate licensing exam in most states. Because the exam includes national questions and a portion selected by the state in which you expect to be licensed, you must score 70% on both. This means that, on a 100-question test, you must answer at least 70 of the questions on real estate test correctly.
Average approval rate
As with most real estate test information, the average real estate exam pass rate differs from state to state. There are no statistics or national information showing how many people pass the test on their first attempt. Here’s the good news: even if you don’t pass your first attempt, you can still take the test again. You can take the test several times and up to three times in a calendar year in many states. Also, if you pass the national or state portion but do not pass both, you only have to retake the portion you did not pass.
Be confident and positive
Maintaining a positive attitude is paramount when embarking on the journey to become a licensed real estate professional. Taking the exam several times is common, so if you need to take the exam again, don’t be discouraged. Be sure to get a good night’s sleep and eat a balanced breakfast before taking the test to maximize your results.
Registration for the exam
After doing some research on the required courses, you can register online for the right exam preparation course. If you want to pass with flying colors on your first attempt, it never hurts to take an additional class to prepare for the exam, which could be online or in person. You can check out here the top 10 online real estate schools.
Cost of the real estate license exam
There is usually a fee associated with the real estate license exam. Because the cost is regulated by the state, the fee differs but is usually less than $100. The more times you take the exam, the more money you will pay, so it is ideal to try to pass the exam on your first attempt.
Never give up
And if you still can’t pass the exam, don’t worry. In all majors, students sometimes don’t pass the entrance exams at the first opportunity. Don’t be discouraged. Persevere and succeed. The exam is only the first requirement for obtaining a real estate license, then each real estate agent will demonstrate his or her abilities in the workplace.
You can read the following article for more details on how to get into real estate.
The real estate application that will help you get started and boost your career easily and quickly
Once you get your real estate license, you will know that the hardest thing about becoming a real estate agent is setting up a system to work. Fortunately, technology has become very useful and saves time for real estate professionals.
There is real estate software on the market, such as the Aidy application with an easy to use system, created specifically to help realtors in their daily work. Aidy has a virtual real estate assistant that keeps real estate professionals informed of all their managerial duties 24 hours a day, 7 days a week.
A real estate CRM like Aidy will help you find the most likely buyers and sellers, promote the properties in social media and allow you to make more profit by helping you sell more properties. Aidy will send you smart notifications so you know what to do to close a deal. You’ll need a network of realtors and clients to get started, but with Aidy you can easily reach them.
An agent who has Aidy on any mobile or desktop device does not need other client registration software, or real estate tracking programs. Thanks to Aidy’s real estate agent application – which offers a free trial period – real estate consultants spend less time trying to establish quality communication with potential clients and doing real estate marketing. They only focus on their real estate salary and being the best in the business.