Thursday, August 16, 2018

Pass Fail Statistics for the North Carolina Real Estate Exam for July 2018

     Today,the North Carolina Real Estate Commission in Raleigh released the pass fail statistics for the real estate exam for July.  The news is bad.

     Four hundred and ninety one real estate license applicants paid $164 to take the North Carolina real estate exam.  Two hundred and fifty two of those applicants passed both portions of the exam.    That is a 51% pass rate.  Two hundred and thirty nine of those real estate license applicants will be paying $164 to take this exam again.

     It is expensive to take this exam without studying.

     The repeat test takers did even worse.  One hundred and sixty one real estate license applicants took the exam for the second or third or fourth or fifth time.  Eighteen of those passed.  That is an eleven per cent pass rate at $164 per opportunity.  Maybe someone is underestimating the North Carolina real estate exam.

     It is best and least expensive to pass this test the first time.  You are going to learn the material before you get your North carolina real estate license.  Why not do plenty of studying before your first attempt at this difficult test?  At $164 per try, you do not need a "practice run".  You need to pass the first time.
First Real Estate School in Hendersonville

     There are lots of things that you can do to be CERTAIN that you pass the first time.  Read the textbook.  As simple as this suggestion sounds, I will bet that there are plenty of test takers that go take the test without reading the textbook.  They did not read it when their real estate instructor told them to in real estate class.  They have not answered all the questions at the end of the chapters.  They have not done the 100 question practice test at the back of the book.  This is free.  It costs no money.  Why would anyone go take a test with a 51% pass rate when they have not read the textbook?

     The North carolina real estate exam ten per cent math.  To go take a test when there are math problems that you don't know how to do is foolish.  Why would anyone do that?  Watch my free real estate math videos on You Tube.  It is free.  It is as close to effortless as possible.  Go to You Tube.  Put my name, Ron Climer North Carolina real estate math, into the search bar.  Watch them all.  You will see fourteen of these problems on your state exam.

     Last night, I gave a repeat test to six of my students that failed our school test at First Real Estate School in Hendersonville. There was an amortization problem on that test.  Six out of six of my students missed that problem.  There is an amortization problem on the North Carolina real estate exam.  Here is a video of me teaching this in class.   If you can not tell me the balance of a loan after two payments when given the loan balance, constant factor, and interest rate, you probably should watch this video if you are soon taking the North Carolina real estate exam.  It is on the state exam.  There are fourteen math questions on the North Carolina real estate exam.   If you need math help, read this.

     Do my free practice exam at   Do my ten dollar practice exam at  If you can not pass these exams, you are NOT ready to go spend $164 trying the real thing.  If the ten dollar exam is too expensive, split the cost with one or two classmates.

     Speaking of classmates, you are in class for seventy five hours.  Get together with your classmates.  Get their contact information.  Get together and study together.  When you find study aids on the internet that help you, share that with your classmates.  Make passing the real estate school exam and the North Carolina real estate exam a group effort.

    Let me close this month's article with some new advice about getting more out of real estate school.  Your school is only as good as your instructor.  If you have a lively, knowledgeable, engaging, personable instructor, your class will be better.  I know that you have other things going on in your life competing for your attention.  You have kids.  You have a spouse.  You have a job. You have a boss.  You have Facebook and TV and hobbies  and clubs and softball teams and bowling leagues and church etc etc etc. 

     May I suggest that between when class starts and when you get your North Carolina real estate license, put real estate school at the top of the list.

    If you want to spend time with your kids, teach them how to compute interest.  Teach them how to fill out a pro forma statement.  Teach them how to compute price per front foot.  These are good things for young people to know.  If your daughter is enrolled in Calculus two, maybe she could teach you how to determine the seller's net at closing.

     If you are a poor reader, ask your spouse to read a chapter to you instead of watching that old rerun on TV.  If your spouse is reading to you, you better pay attention.  Put more effort into paying attention in class.  Make flash cards.  Ask your spouse or kids or classmates to help you with them.

     Also remember that you have paid your tuition to the real estate school.  Please do not let the instructor intimidate you into NOT asking questions in class.  If you don't know what a deficiency judgement is, ask your instructor.  So what if everyone in class thinks you are dumber than a box of rocks?  Who cares?  They are not paying your $164.  The truth is they are not thinking that.  They are thinking," I am so glad that he asked that because I don't understand it either". If the instructor can not make you understand, do not drop the subject.  Embarrass yourself.  Ask another question until you do understand.  Ask where the info is in the textbook.  If all else fails, call me.  I know the answer.  I will help you. 

     If I can help anyone get a real estate license in Hendersonville or Asheville or Arden or Brevard or Saluda or Zirconia or Fairview or Black Mountain or  Forest City or Horse Shoe or anywhere in western North Carolina, contact me at   If this article has been any help, please leave a comment.

No comments:

Post a Comment