Getting your real estate license is an exciting time! However, if you think about your preparation in the field of real estate, however, can be nerve -racking. If you are, like many aspiring brokers, it is probably a few years ago that you have been to school and did a test.
No problem. Our useful guide points you in the right direction and offers you the means you need to go to your real estate research with trust and knowledge.
The basis of the exam
Before we go to the study part, it is a good idea to become familiar with the basic principles of the real estate research. View our quick start guide for the exam itself to help you get started.
The structure
Real estate exams are usually multiple-choice, with everywhere from 75 to 150 questions; However, the exact structure and the number of questions vary per state. It consists of a combination of a national exam and a state exam.
In my state of Massachusetts, for example, the exam consists of 120 questions, 80 of which about national real estate principles and 40 about state -specific laws. Our exam includes mathematics, just like many state exams, so it is a must to polish your basic wise skills.
The format
Nowadays almost all real estate exams are taken online, either in designated test centers or from the comfort of your house, often called “external proctored” exams.
Time assigned
Depending on your state, you have everywhere from two to four hours to complete the exam.
Topics covered
The most common topics that are dealt with in the real estate test are:
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Look at the website of your state council or search for one of our favorite education companies (the CE store, Kaplan or Colibri Real Estate) for details for the exam of your state.
The cost
The reimbursement for the license exam of the real estate vendor is one of the lowest single costs when obtaining your license. The costs vary, ranging from $ 40 to $ 200, with the average costs around $ 60. Your pre-licensing course and all exam preparation courses are more expensive, ranging from $ 100 to $ 1,000. Once you have passed your real estate exam, you must also pay compensation to obtain your real estate license, with reimbursements ranging from $ 80 to $ 400, depending on your state.
Eligible requirements
Specific requirements and conditions vary per state, and most states require at least 18 years old, so that a certain number of pre-licing courses is completed through an approved real estate school, submit a background check, the provision of references and of course passing the exam.
What to take to the exam
Although this can vary per state, most states will require you to take two forms of ID, including an identity certificate with photo such as your driver’s license and an ID with your signature (a credit card should work), with you when you arrive to take your exam. Some states allow a calculator and others require that you include proof of your completed pre-licensing education course. I would always recommend bringing a bottle of water, a pencil and scrappier and tissues, in case that.
How difficult is the real estate research?
The difficulty of the real estate investigation depends on your state, how well you prepare and whether you are a good test person. According to World Population ReviewThe national average Pass rate for real estate exams is only 50% and the most difficult condition to get a permit in Texas. So don’t feel discouraged if you don’t pass the first time!
Most states require a score of at least 70% to pass, and you may be able to recording an individual part of the exam if you pass one section, but not the other. Contact your stands for more information.
Strategies and tips for the acen of your real estate exam
Now that you know the basis, here are our strategies to study for the real estate research and to pass on to your first attempt.
1. Make a research schedule
Use your agenda as a tool to keep you on the right track with your study schedule. Plan to set aside time to study 30 minutes a day before the exam; This consistency will help you stay on course without feeling overwhelmed. I would start studying as soon as you have completed your pre-licensing courses. I would also plan the test as soon as possible, so the information is fresh in mind.
2. Collect study material
Think about your individual learning style and use the study tools that are most suitable for you. Maybe you are doing well with Flash cards, or maybe you prefer to watch videos. My personal favorite is doing timed practice tests. I think timed practice exams are most effective because you not only get an idea of ​​the types of questions on the exam, but you can also measure your time management and improve that if necessary.
If you no longer have time before you answer all the questions on the practice exam, you know that you have to work on going faster of the questions.
3. Benefit from options for exam preparation
There are many real estate schools that offer the basic pretelrication curriculum plus add-ons to help you improve your study skills. Here are the best schools to help you prepare to take (and to succeed) your real estate exam:
- The CE store (Use promotion code: HW30 to save 30%): Offers an initial assessment to help you find your areas of attention, composite practical questions and recommendations for further research. Also individual lessons per topic, unlimited practical questions, an interactive dashboard and examination agency tracker.
- Kaplan: Offers an exam preparation course that is supplied by video or live online, access to unlimited practice questions, real estate exam preparation book and college contours with multiple choice and real or false questions.
Each of these companies offers pre-Exam preparation for every state in the country. Use the available resources to set up for success and to increase your chances to get your real estate exam on the first attempt!
4. Start or join a study group
Working together with others who pursue their real estate licenses can be incredibly useful. Quiz each other, ask questions and learn each other to sharpen your own skills and to keep the necessary knowledge for the exam. Others learn to solidify concepts in the mind, so this is a great hack! And if you cannot find a study group to become a member, you will start your own.
5. Take the time during the exam
Although the time limit certainly adds a pressure element, you take the time to answer the questions on the exam. Read each question carefully and view your answers before submitting yourself to prevent you from making mistakes. And don’t forget to breathe!
6. Get a good night’s sleep
Four after you have passed your exam, not the night before. Get a good night’s sleep and do what your mind and body need to be at your best before the test day, whether it is exercising, eating a healthy breakfast or fasting.
7. Arrival in the test center early
If you take the exam personally, leave early and I am planning to arrive early. The stress of running will put you on your head and is not conducive to taking tests. If you use an online service, log in early to ensure that you have no connectivity problems.
8. Answer every question
Even if you have to make a well -trained gamble, you must answer all questions. An unanswered question is a guaranteed zero, while a gamble gives you the chance to get the answer correctly.
9. Use the elimination process
As you go through the exam questions, you answer all the people you know for sure, skip questions that you do not know the answer. Go back to them at the end and make your best gamble, using the elimination process to increase your chances to get it right.
10. Get deep breath during the exam
Don’t forget to breathe. Breathing through the stress will not only calm your nervous system and relieve anxiety, but it will send more oxygen to your brain and actually improve brain function.
Useful links
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The real estate research is an important milestone on your journey to become a successful broker or broker. By following our guide, you unlock the secrets to control the real estate exam. Don’t forget to stay focused, to maintain a positive mindset and trust your preparation. With dedication and perseverance, we do not doubt that you will take care of the real estate exam and start a fulfilling career in real estate.
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