Friday, February 16, 2018

Pass Fail Statistics for The North Carolina Real Estate Exam for January 2018

In January 2018, Five hundred and eighteen real estate license applicants attempted the North Carolina real estate exam.  Two hundred and fifty of these real estate test takers passed.  Two hundred and sixty eight of them will be paying $164 to the North Carolina Real Estate Commission to try again.  This is no easy test.  Last month's pass ratio was 48%. 

All of these test applicants have graduated from an approved real estate school in North Carolina.  Why is the pass ratio so low? 

When an applicant takes the North Carolina real estate exam, it is really two exams.  One hundred questions are what the North Carolina Real Estate Commission calls the national portion of the test.  An applicant has to get 72 of the 100 questions right to pass the national portion.  Forty questions are what the N.C.R.E.C. calls the North Carolina portion of the test.  An applicant has to get 29 of the 40 questions correct to pass both halves of the North Carolina real estate exam.  If an applicant fails either half of the exam, he can kiss $164 good bye. 

Last month, 178 test applicants took the comprehensive exam as a repeater.  Twenty six of those applicants passed.  That is a fifteen per cent success rate. 

Last month, fifty eight repeat test takers took the national portion of the North Carolina real estate exam for the second or third or fourth time.  Forty one passed.  That is a 71% pass rate. 

Last month, Three hundred and thirty one repeaters took the North Carolina only test.  One hundred ninety one passed.  That is a 56% pass rate. It cost $164 every time an applicant attempts the test. 

At $164 per opportunity, here is a  suggestion.   When you go to take the exam, leave a writing pad or recorder on the seat of your car.  If you show up back to your car with a failure notice in your hand, start writing down the questions that you did not know the answer to.  When you go back KNOW the answer to those questions.  If one of the questions was," How many members of the North Carolina Real Estate Commission must be real estate brokers?", do you think you may see that same question when you come back? Find out the answer before then. 
Pass the North Carolina real estate exam the first time.

In North Carolina, if you have a real estate license in another state, you can take the North Carolina portion only of the test.  Pass it.  You can get your North Carolina real estate license without going to real estate school.  Last month, the pass rate for this adventure was 23%.  If you want to know if you are ready, take my practice exam at www.ncreexam.com .   

Please do not underestimate this North Carolina real estate exam.  If you are soon taking this test, recognize that it is difficult.  Study!  Study!  Study!

Study your textbook.  Many students go take the $164 exam without reading the textbook.  That makes no sense.  Many students take the $164 exam even though they have not answered the questions at the end of the chapters in their textbooks.  Surprise!  Many of these students are paying $164 to try again. 

If you have watched my video about what is on the North Carolina real estate exam, https://www.youtube.com/watch?v=EZFPZGo_DJ4&t=119s ,   you know that the North Carolina real estate exam is fifteen per cent math.  Be certain that you can do any math that is on the exam.  There is no math on the exam that I don't have posted on You Tube.  https://www.youtube.com/watch?v=4HbEwoiVBMY&t=143s  Watch all of these videos if you are having trouble with the real estate math. 

Stay in touch with you classmates.  https://www.youtube.com/watch?v=4HbEwoiVBMY&t=143s  Talk to your classmates.  Call them and congratulate them on passing or invite them to your group study session if they did not pass.  Make passing the exam a group effort. 

Share the expense of some of the special training that you find on line.  Share any free stuff that you find online like my free practice test at http://rondclimer.blogspot.com/2015/04/real-estate-practice-exam-for-north.html 

If you are anywhere near Hendersonville, attend First Real Estate School www.firstrealestateschool.com  .  We are at 404 S. Main street.  Our phone is 828 440 1064. 

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