North Carolina Real Estate Exam Pass Fail Statistics May 2016

     In May of 2016, six hundred and thirty four applicants for a North Carolina real estate license took the North Carolina real estate exam for the first time.  Three hundred and sixty of those real estate test candidates passed.  They left with a smile on their face.  Two hundred and seventy four of those candidates will be paying $64 to try again.  That is a 57% pass rate for the North Carolina real estate exam in May of 2016.

     May 2016 is the first month that applicants did NOT have to balance a HUD 1 closing statement.  Good bye Hud 1.  May you rest in peace.  In April 2016, the pass rate for first time test takers in North Carolina was 51%.

     In May of 2016, one hundred and ninety eight test candidates took the North Carolina real estate exam for the second, third or fourth or fifth time.  Only fifty one of those North Carolina real estate test candidates passed.  That is a dismal 26% pass rate for repeat test takers.

Hendersonville, North Carolina  First Real Estate School

     This North Carolina real estate exam is tough.  If you are soon taking this exam, study.  Do not underestimate this exam.  Study.

     Read your text book.  It costs money every time you go take the exam.  Do the practice exams in the back of the book.  Do the questions at the end of the chapter.  Take my practice exam.  http://rondclimer.blogspot.com/2015/04/real-estate-practice-exam-for-   north.html

     Take any practice exams that you can find.  Make yourself some flash cards.  This is easy to do.  Get 500 three by five cards.  Write " The Conner act is about" on one side and "Recording documents"  on the other side.  Write " Seven protected classes under Fair Housing Act" on one side and "race, color, religion, sex, national origin, familial status and handicap " on the other side.  You can work with this all the time.  If you have three spare minutes, take out the flash cards.

     Watch my North Carolina real estate math videos on You Tube. https://www.youtube.com/watch?v=bMdJ-2iHepM    The Hud 1closing statement is gone but the North Carolina real estate exam is still 15% arithmetic.  You still have to prorate.  You still have to determine before tax cash flow.  You still have to compute interest.  You still have to amortize a mortgage .  You still have to compute excise tax.  You still have to determine the seller's check at closing.  You still have to determine how much money the buyer needs to bring to closing. You still need to compute how many acres in a rectangular lot. You better be able to compute a commission.  How can you go spend $64 to take the test when you know there is math that you don't know how to do?   http://firstrealestateschool.com/2016/06/one-extra-point-north-carolina-real-estate-exam/   

      If you live anywhere near Hendersonville, North Carolina,  we would love to have you as a student at First Real Estate School.  If you live on the flat end of the state, join our Facebook group, "North Carolina Real Estate Exam Applicants".   If you live near Asheville, North Carolina, join our Facebook group.  Share your experiences and observations.

     If First Real Estate School can help you pass the North Carolina real estate exam, call us.

     www.climerconsulting.com    www.northcarolinaexamreview.com 
www.ronclimer.com