Thursday, March 22, 2018

North Carolina Real Estate Exam Pass Fail Statistics for February 2018

     The North Carolina Real Estate Commission released the pass fail statistics for February 2018 today.

     In February, three hundred and eighty nine real estate license applicants paid $164 to attempt the North Carolina real estate exam for the first time.  The North Carolina real estate exam is 140 questions.  One hundred of the questions are the national portion.  Forty of the questions are the North Carolina portion.  If you don't answer 72 of the 100  questions on the national portion and 29 of the 40 questions on the state portion correctly, you will fail.  You do not want to go back.  You want to pass the first time.  In February, two hundred and twenty seven of the test takers passed both portions.  One hundred and sixty one of these real estate license applicants will be paying $164 to try again.  That is a 58% pass rate.  This North Carolina real estate test is no joke.  It is tough. www.ncrec.gov

     One hundred and sixty four dollars is considered a lot of money at my house.

     I can understand how a real estate test applicant might fail the first time.  Maybe their real estate instructor did not tell them that the North Carolina real estate exam is TOUGH.  Maybe no one told them about the "tricky" questions on the North Carolina real estate exam.   Read this: http://rondclimer.blogspot.com/2017/12/what-about-those-trick-questions-on.html

     Maybe no one told him about my practice test at www.ncreexam.com .  My practice test will tell you if you are ready for the North Carolina real estate exam.  My practice test also has a video
First Real Estate School in Hendersonville
explanation of the answers.  It is worth the ten bucks.  If you are on a tight budget, I have a free test at
http://rondclimer.blogspot.com/2015/04/real-estate-practice-exam-for-north.html   If you are on a really tight budget, study like you intend to make 100% on the North Carolina real estate test.  It costs $164 every time you take it.

     Maybe no one told those repeat test takers about my FREE You Tube videos that show you how to do any math that you may encounter on the North Carolina real estate exam.  The exam is ten per cent math.  If you can not amortize a mortgage when given the balance and interest rate and monthly payment factor, when would be a good time to learn?  You could learn this before you go take the state exam.  You could wait until after you have done your $164 practice run and you are absolutely certain that it is one of the questions on the test.  If you can not determine how much is the before tax cash flow on a ten unit building given vacancy rate and expenses and debt service and rent, when would be a good time to learn?  Watch one.  There are thirty.  https://www.youtube.com/watch?v=bMdJ-2iHepM&t=52s  If you fail by one point, it costs $164 to take the test again.

     Maybe no one told these 161 unsuccessful test takers that staying in touch with your classmates in a very good idea.

     What about those repeat test takers?  How did they do last month?  In February, one hundred and fifty seven real estate license applicants paid the North Carolina Real Estate Commission $164 to try the comprehensive test again.  Twenty seven of them passed.  That is a 17% pass rate.  Forty eight repeat test takers paid $164 to take only the national portion of the exam again. Twenty six of them passed.  That is 54%.  Twenty two of those repeaters will be repeaters again.   Two hundred and ten repeaters paid $164 to take the North Carolina only portion of the exam.  One hundred and twenty one passed.  That is a 58% pass rate.

     I can understand how a first time test taker could underestimate the North Carolina real estate exam, especially if that first timer had not been warned by his real estate instructor or by reading an article such as this.  I can understand the first timer.  How can anyone that is paying $164 to try again, underestimate the North Carolina real estate exam?  A repeater has been there.  A repeat test taker has already seen the questions.  Questions like, " Which of the following groups are protected by the Fair Housing Act?"  Please put the correct answer in the comments.

A. race, color, religion. gender, national origin, familial status, handicap
B. race, color, religion, sex, creed, national origin, familial status
C. race, religion, sexual orientation,  color, national origin, familial status, handicap
D.  race, color, religion, age, sex, martial status, handicap

     How can a repeat test taker see that question on their own North Carolina real estate exam and return for another $164 chance without looking up the answer in the book or calling a classmate or calling their instructor to be certain that if I get that one again, I will be ready?  If you have not read my article, "What To Do When You Fail The North Carolina Real Estate Exam in Asheville" .  Here is a link .  If you are soon taking the North Carolina real estate exam, read it.  http://rondclimer.blogspot.com/2017/11/what-to-do-when-you-fail-north-carolina.html

     There is so much help on the internet.  There is no excuse for failing the North Carolina real estate exam twice.  You can not blame your school or your instructor, or spouse, or boss, or the N.C.R.E.C.

     I offer my students books and CDs and practice tests and videos and good luck charms.  Most of my students do not take advantage of even the free stuff.  I suggest to my students that they share study aids that they discover on the internet with their classmates.  I suggest to all of my students that they get contact info from all of their classmates and stay in touch.. There is so many ways that making passing a group effort is a very good thing.  Several students can get together and buy some expensive study aid and split the cost or even hire a tutor and split the cost several  ways.  Find out when your class mate is taking the state exam.  Call him up and congratulate him on passing.  OH how embarrassing! He did not pass.  You can invite him to your study group that is meeting tomorrow night.  I think their presence would be mutually beneficial to everyone.

     Quit studying like you want to baaaaarely pass the exam.  Start studying like you intend to get your picture put on the cover of the North Carolina Real Estate Commission's "Bulletin"  when you make 100% on the state exam.

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