Friday, January 20, 2017

North Carolina Real Estate Exam Pass Fail Statistics for December 2016

     The North  Carolina Real Estate Commission released the pass fail statistics for December for the North Carolina real estate exam.  Five hundred and sixty eight real estate exam applicants took the North Carolina real estate exam for the first time in December.

     Three hundred forty one passed.  Two hundred seventy six will be paying $91 to take the North Carolina real estate exam again.  That is a sixty per cent pass rate.  That is dismal.

     It would seem that repeat exam applicants would do better than first time test takers.  That is not true.  Of the 1993 repeat test applicants in December, 2016, only 428 passed.  That is a twenty one per cent success rate.  At $91 per shot, that sounds like no fun at all.

     If you are soon taking the North Carolina real estate exam, please heed this advice.  STUDY. STUDY. STUDY.

     Problem number one is that test applicants underestimate the North Carolina real estate exam.  Problem number two is most test applicants set their goal to barely pass.  Set your goal to make a 100% on the North Carolina real estate exam.  Study so much that you would be willing to bet $91 that you will pass the first time.
 Ron Climer of  First Real Estate School in Hendersonville

     Read the textbook.  Read every word of it.  Answer every question in the textbook.  Look for help on the internet.  If you look, you will find my free You Tube videos to help you with the arithmetic that is on the North Carolina real estate  exam.  https://www.youtube.com/watch?v=ueNMrduMZqw

     Watch the videos.  Be sure that you can do the math. There are five videos where I am wearing the black T shirt shown above.  Be positive that you can do those problems.  Real estate math is 15% of the North Carolina real estate exam.  http://rondclimer.blogspot.com/2016/12/solving-real-estate-math-problems-for.html

     If you look for help on the internet, you will find my practice real estate exam for North Carolina. http://rondclimer.blogspot.com/2015/04/real-estate-practice-exam-for-north.html   Take this test.  Take it like a real test.  Uninterrupted.  Mark your answers.  Grade yourself.  If you are not making a 90% on this test, you are not ready for the North Carolina real estate exam.  Keep studying.

     If you are not sure what to study, the North Carolina Real Estate Commission tells you what to study in their book, "Real Estate Licensing in North Carolina" .  Here is a link so you can download it for free.  www.ncrec.gov  If you want more info about this wonderful book, here is a link to a video.  https://www.youtube.com/watch?v=EZFPZGo_DJ4

     Turn off the TV .  Turn off Facebook.  Turn off the video games.  STUDY, STUDY, STUDY.  Forty per cent of the first time test takers did not study enough in December.  This is a $91 mistake.

     I have a video review online at www.northcarolinaexamreview.com   It is not free.  It is effective.

     Here is a simple study tip.  Make flash cards.  Take 3x5 cards.  Write,"What is excise tax rate?" on one side of the card.  Write, "$1 per $500 of price" on the other side.  Write,"What is T.R.I.D.?" on one side and put the answer on the other side.  Make 500 of these.  Use them all the time until you pass the North Carolina real estate exam.

     Here is another study tip.  When you go to the exam site to take your test, leave a legal pad on the front seat of the car.  When you return from the exam with a pass notice in your hand, congratulate yourself.  If you return with a failure notice, start writing notes about the questions that were on your exam.  Tax your memory.  Write down as many questions as you can remember .  You don't have to remember the entire question.  Just remember the concept.  Compute commission.  What is dual agency?  Priority of liens.  How many acres in a section?  Fill up several pages.  Do this now.  Do not tell yourself that you will do it after you finish crying.  Write while the tears are falling on the page.  This info will never be fresher in your mind.  You will see the same concepts when you come back.  When you return as a repeat test taker, you need to be in the upper 21% to pass.

     Do not underestimate the North Carolina real estate exam.

     If First Real Estate School can do anything to help you, contact us at 828 440 1064 or www.firstrealestateschool.com .  We are in Hendersonville, North Carolina.  We have videos on line to help you.  We have several articles right here on this blog.  We also teach post license classes.

     Pass the First time.

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