Wednesday, January 24, 2018

Pass Fail Ratio for The North Carolina Real Estate Exam for December, 2017

    The North Carolina Real Estate Commission released the December 2017 statistics for the North Carolina real estate exam today.

     Seven hundred forty seven real estate license applicants took the North Carolina real estate exam in December 2017.  Four hundred and fifty nine passed the comprehensive real estate exam.  That is a sixty one per cent pass rate.  That is the second best month in 2017.  The worst month in 2017 had a 52% pass rate.

     The North Carolina real estate exam is not easy.  It is not cheap either.  Those applicants that did not pass will be back at the test center paying $164 to take this exam again.  Let me explain how the North Carolina real estate exam works.

    When an applicants takes the North Carolina real estate exam the first time, there are 140 questions.  One hundred of the questions are in the "national"  portion of the test.  Forty of the questions are in the "North Carolina "  portion of the test.  The "national" portion of the exam is questions that are the same everywhere, like "What are the seven protected groups under the Fair Housing Act?".  A test applicant would need to get 71 of these questions correct.   Forty questions are on the "North Carolina "  portion of the test.  A test applicant would need to get 29 of these 40 questions correct to pass.  These are questions that are unique to North Carolina like, "How many members of the North Carolina Real Estate Commission must be a licensed real estate broker?".
The North Carolina real estate exam is not easy

      If a real estate exam applicant fails either one of these portions of the North Carolina real estate  exam, that applicant will be back at the test center paying $164 to try again.

     You may wonder how do the repeat test takers fare.  In December of 2017, forty three people took the "national"  portion for the second or third or fourth time.  Twenty eight license applicant passed.  That is a 65% pass rate.  Two hundred forty six applicants took the "North Carolina "   portion for the second, third or fifth time.  One hundred and thirty seven passed.  That is a 58% pass rate.

     Do not underestimate the North Carolina real estate exam.  

     If you are soon taking the North Carolina real estate exam, practice on my practice real estate  exam at www.ncreexam.com   I have a practice exam for the "national" portion.  I have a practice exam for the "North Carolina" portion also.  You can take them as many times as you like.  I explain the answers on video.

     If you are having any trouble with the real estate math that is on the North Carolina real estate test, I have a video posted on You Tube to help you.  https://www.youtube.com/watch?v=bMdJ-2iHepM&t=94s  In fact, I have fifteen videos on You Tube to help you understand the real estate math that is on the North Carolina real estate exam.  The test is fifteen per cent math.  It is hard to pass if you can not do the arithmetic.  Watching these videos is the easiest way to learn the math.  Share these videos with your classmates.  It is free.  It is easy.

     I have a free real estate practice exam at http://rondclimer.blogspot.com/2015/04/real-estate-practice-exam-for-north.html   Take this exam like an exam.  If you are not passing this, you certainly will not pass the North Carolina real estate exam.

     Study, study, overstudy.  Study like you want to make 100% on the North Carolina real estate exam.  Read some of my other articles here on this blog.  Leave a comment, especially if you have already taken the exam.  Let other readers know what the exam is like.

     If we can do anything to help you pass, we can be reached at www.firstrealestateschool.com

Wednesday, January 17, 2018

Help Passing The North Carolina Real Estate Exam In Asheville

     Is the North Carolina real estate exam hard?  The North Carolina real estate exam is 140 multiple choice questions.  One hundred of the questions are what the test makers call "general " questions.  Forty of the questions are "North Carolina" questions.  To pass, a real estate test applicant has to get 71 of the 100 "general" questions correct and 29 of the 40 "North Carolina"   questions correct.

     Last month, the pass rate for the exam was fifty nine per cent.  That means if 100 people took the exam, fifty nine passed.  Forty one exam applicants will be paying $164 to the North Carolina Real Estate Commission to try again.  I think it is important to pass the first time.
First Real Estate School in Hendersonville, North Carolina

     Does it matter what real estate school you attend?  It is the instructor that matters.  Some are good.  Some are not so good.  How can you know if an instructor does a good job?  Read the real estate instructor's reviews on Facebook and Google.  Watch the videos that the instructor has posted on You Tube.  https://www.youtube.com/watch?v=4HbEwoiVBMY&t=70s

     How long is the real estate broker's course in North Carolina?  The North Carolina Real Estate Commission requires the real estate broker's class to be seventy five hours long.  There is a lot of material to be learned.  You need to read the textbook.  You need to study outside the classroom.   You need to expose yourself to practice exams through out the course.  You need to get together with your class mates and study together. Here is a short example of why. http://rondclimer.blogspot.com/2017/12/what-about-those-trick-questions-on.html   Creating study groups is a wonderful helpful way to increase your learning effort.

     After you pass your real estate school exam at First Real Estate School www.firstrealestateschool.com , you have to pass a 140 question exam given by AMP, a testing service contracted by the North Carolina Real Estate Commission.  This is the exam with the 59% pass rate. http://rondclimer.blogspot.com/2017/12/pass-fail-statistics-for-north-carolina.html .

     Can I take the North Carolina real estate broker course online?  The North Carolina Real Estate Commission believes that real estate can not be learned on line.  You need to attend a brick and mortar real estate school with a live instructor licensed by the North Carolina Real Estate Commission.  If you disagree with that opinion, feel free to contact them at www.ncrec.gov .  I am certain they would love to hear from you.

     There are lots of study aids available online to help real estate students  pass their real estate course. Here is a word of caution.  If the "practice test" or "cram course" online is NOT from a North Carolina real estate school, be suspicious.   It likely has wrong information or useless information.  First Real Estate School in Hendersonville has a couple of practice exams that will help anyone that is soon taking the North Carolina real estate exam.  The free one is at http://rondclimer.blogspot.com/2015/04/real-estate-practice-exam-for-north.html   and the ten dollar one is at www.ncreexam.com   Check those out if you are soon taking the test.

     Is the math on the North Carolina real estate exam difficult?  Also posted online is my free You Tube real estate math videos to help anyone that is planning on passing the real estate test the first time.  The test is fifteen per cent math.  Many real estate instructors teach the math rather rapidly.  I have posted any math that you need to know on You Tube.  https://www.youtube.com/watch?v=bMdJ-2iHepM&t=80s   It is hard to pass the North Carolina real estate exam if you cannot do the math.  The cool thing about having it on You Tube is you don't have to raise your hand in class and ask questions.  Just hit rewind.  Any math that is on the exam, I have posted on You Tube.

     Can I earn an extraordinary income selling real estate?  The answer to that is a very loud YES!   The real estate industry is full of people that spent twenty years earning a mediocre income.  Then they went to real estate school, got their real estate license , doubled their income and never looked back. 

     Almost all real estate is sold on commission.  If you want to earn $50,000 per year, you can do that in real estate.  If you want to earn $250,000 per year, you can do that as well.  How hard you work depends on how hard you want to work.  It is not the same answer for everyone.  The opportunity is there for anyone.

     If First Real Estate School in Hendersonville can help you start a new career, contact us at 828 440 1064. 

Saturday, January 13, 2018

Where Do You Go For Advice?

     Our modern technology is such a wonderful invention.  If you have a Facebook account, you can go to Facebook and ask advice from your peers.  This was not possible thirty years ago.  Ann Landers and Heloise were probably the closest thing we had back then.

     How do you decide from whom to seek advice?  If you want advice on how to be rich, you should ask a rich person.  If you want to be slim, you should ask a slim person. If you want to be debt free, you should ask a debt free person for advice.  If you want to earn $500,000 per year income, ask someone that is already earning that for advice.  That seems right to me.  Does that seem right to you?
I've got lots of good advice from old men with grey beards


     I saw a post on Facebook yesterday.  Someone asks,"Should I get GAP insurance?"  I would not know what GAP insurance was had I not learned from my students in a real estate post license class.  www.firstrealestateschool.com  I looked at the responses to this solicitation for advice.  Three people said,"yes" " absolutely"   "for sure" .

     I wonder if I posted a question on Facebook like, "Should I wear a mask while robbing a bank?", would my friends respond with yes absolutely and for sure?  Would one of my friends point out that I don't need a mask because robbing a bank is such a bad idea?

     As I saw this post, I felt the urge to to post a reply that you don't need GAP insurance.  You need a free and clear car.   https://en.wikipedia.org/wiki/GAP_insurance

     This article is about advice.  It is not about insurance.  Ask advice from people that have already arrived where you want to go.

     One way to get good advice is from books.  Many people that are successful in sales or losing weight or family relationships or getting rich will write a book.  They will tell you exactly how they did it.  If you need advice, read.

     Today, with modern technology, we have podcasts and Vblogs and countless articles like this one.  We have a plethora of mediums where people give free advice on how to do almost anything that you might want to do.

     Avail yourself to good advice.  Learn from those that have already traveled the path.  Experience is a great teacher.  The tuition is dreadfully high.  Reading what worked for others is such a better way to learn.  Watching a podcast is so much cheaper than experience.

     Most importantly, when you ask advice, determine if it is good advice or bad advice.  If it is good advice, take it.  Implement it.  Consider this.  If a 25 year old man sat down with a 65 year old and asked the 65 year old man, "How can I be financially secure when I am your age?" and the old man said, "Save 10% of your income, would that be good advice?  That may not be all the advice that the young man needs.  It is a good start.  Seek advice.  Evaluate advice.  Implement the good stuff. 

     Get some advice from someone that knows.  If you have any advice for me, leave a comment.

Wednesday, January 3, 2018

In Real Estate School, Which is Better? Overconfidence or Under Confidence

     Just before the end of my last real estate pre license class of 2017,  one of the students suggested that we have a pool.  All the students put ten dollars in a jar.  The high grade on the test for the class gets all the money.  Sounds like fun to me.

     Of the twenty six students in the class, only two other students wanted to participate.  The rest of the students did not want to put ten bucks in the jar.  None of the other students were planning on making 100% on their real estate class exam.  They are studying to BARELY pass.

     If you are soon taking the North Carolina real estate exam, pleeeeeesae study like you want to make 100% on the exam.  Study like you put ten dollars in the jar and there is six hundred dollars in the jar.  Study all the time.  Avail yourself to any and all study material that you can find.  Please please please do not underestimate this exam.  Last month the pass ratio was 59% .  That means that 41% of the real estate license applicants that took the test paid $164 to take it http://rondclimer.blogspot.com/2017/12/pass-fail-statistics-for-north-carolina.html   That is the usual pass rate.  This test is hard.  Study for this test like the minimum passing grade is 95%.  Study like your new career depends on your grade.  Study like it costs $164 to take it again.  It does!
Real Estate School in Hendersonville
again. 

     It tells you in the North Carolina Real Estate Commission publication, "Real Estate Licensing in North Carolina" what is on the test.  https://www.youtube.com/watch?v=EZFPZGo_DJ4  Study what is on the test.  Here is a link to my video describing this free booklet.  Read this booklet.  Read page 16 through 22 twice.  That is what is on the North Carolina real estate exam.

     It is no mystery what is on the test.  It tells you right in the booklet.  What is a mystery is why don't students study more.  Over study.  Study morning noon and night.

     Read appendix C in your textbook.  More students fail the North Carolina portion of the exam than the national portion.  That is because they don;t read "The Comments" .   Lots of questions come directly from "The Comments".  This is also a free download from the North Carolina Real Estate Commission's website www.ncrec.gov

     If you need help with any of the math that is on the North Carolina real estate exam, I have it all posted on You Tube. https://www.youtube.com/watch?v=4HbEwoiVBMY&t=538s  It is free.  It is easy.  You do not have to raise your hand and tell all your classmates that you don't understand.  Just watch it again.  Click "like" after you watch it.  Share it with your classmates.

     Share any information and help that you find on the internet with your classmates.  Get a contact list of your fellow students.  After you take the exam, let your students know how it was.  Remind them to bring I.D. to the exam site or they won't let you in.  Remind them NOT to bring a phone to the exam or they won't let you in.  Remind your classmates that it is cold in the exam room even in July.  Hang around with your classmates that are planning on making a 100%.  Get together and study.  Tell your classmates if you think the test in easier in Asheville.

     This test is not easy.  If you study, you will pass.  Have confidence in yourself.  If First Real Estate School in Hendersonville, North Carolina can do anything to help you pass, contact us at www.firstrealestateschool.com or 828 440 1064.  Watch our You Tube videos.  Read some of our other articles.  Leave a comment here.  Help your classmates pass the North Carolina real estate exam.  If you live near Hendersonville and you are looking for a great place to start your career, call me at 828 755 6996.