Failing the North Carolina Real Estate Exam is Not So Embarrassing Since It has Become So Expensive

     Because I have so many real estate math videos posted on You Tube, I receive phone calls from all over North Carolina from real estate test candidates that have failed the state portion of the North Carolina real estate exam.  They tell me things like, 'I have never heard of the NCREC.  My instructor never mentioned that."  They say things like, "My instructor never talked about willful omission."  I ask them, "Did you read the "COMMENTS, Appendix A, in your textbook?  One hundred per cent of the time, the answer is NO. 

Read the "COMMENTS".  Pass the real estate exam the first time

     The Comments is about the North Carolina real estate license law.  It is 22 pages in your textbook.  It is a free download from the N.C.R.E.C. at www.ncrec.gov .  There are forty questions on the North Carolina portion of the North Carolina real estate exam.  Twenty five of those questions come from this 22 page document called the "Comments".  You only have to get 29 of the questions right to pass. 

     If you don't like to read, listen to me read the "Comments" to you.   Here is a link to the first of seven videos https://www.youtube.com/watch?v=iaPLEyKzX24&t=142s  .  Watch them all.  It is free.  It costs $164 every time that you take the state portion of the North Carolina real estate exam. 

     At First Real Estate School in Hendersonville, our motto is "Pass the First Time."  www.firstrealestateschool.com    If you think you are ready for the $164 version of the real estate exam, take my practice test at www.ncreexam.com  If you can not make a 85% on my practice test, keep studying. 

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.  www.ncrec.gov

     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.   https://www.youtube.com/watch?v=4HbEwoiVBMY   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.  http://rondclimer.blogspot.com/2016/12/solving-real-estate-math-problems-for.html   If you need math help, read this.

     Do my free practice exam at http://rondclimer.blogspot.com/2015/04/real-estate-practice-exam-for-north.html   Do my ten dollar practice exam at www.ncreexam.com  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.  http://rondclimer.blogspot.com/2017/12/what-about-those-trick-questions-on.html

    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 www.firstrealestateschool.com   If this article has been any help, please leave a comment.

How to Know You Are Ready for The North Carolina Real Estate Exam

     If you are soon taking the North Carolina real estate school test or the North Carolina real estate exam, the one with the 57% pass rate,  http://rondclimer.blogspot.com/2018/07/pass-fail-ratio-for-north-carolina-real.html  , please,please,please invest ten dollars in your study process and take my practice test at www.ncreexam.com . 

     The North Carolina Real Estate Commission charges $164 to take the North Carolina real estate exam every time you take it.  My budget says pass it the first time.  Take my practice test.  If ten bucks is a financial burden, get with one of your classmates and split it fifty fifty.  Meet up at Panera.  Take the test together.  Watch the video answers.  If five bucks is too much to invest in your study aid portfolio, get together with three of your classmates, split it four ways.  If $2.50 is a burden, get with nine of your classmates and order this practice test.  Invest one dollar apiece and save yourself $164.  Do not underestimate the North Carolina real estate exam.  The best pass rate from last year was 62%. 

     When students take my practice test, they leave comments.  Answer this question:

     If you are the grantor, which is the best deed? 

The North Carolina real estate exam is not easy

     A.  general warranty deed
     B.  special warranty deed
     C.  quit claim deed
     D.  bargain and sale deed

     The correct answer is quit claim deed

     I received one comment that was several paragraphs long informing me that the best deed is the general warranty deed.  This student explained several reasons why the general warranty deed was best for the grantee.   The question asked which deed was best for the grantor.  The answer is the quit claim deed creates no liability for the grantor.  I explain that in the videos.  This is a lesson, not only in knowing the material, but also in reading the question thoroughly.  Both are necessary skills.

     The questions on my practice test are very similar to the material on the North Carolina real estate exam.  If you can not pass mine, you probably will be paying $164 to try the real thing again. 

     If you are soon taking the North Carolina real estate school test or the North Carolina real estate exam, invest ten bucks and take my test.  If you have any questions about my questions, ask your instructor.  It is better to ask your instructor BEFORE your real estate school exam than after.  Some real estate schools charge you to take their test a second time.  If your instructor does not know why the answer is what it is, call me.  My phone number is right on First Real Estate School's Facebook page.  We are not hard to find.  www.firstrealestateschool.com  

     If this sounds like an advertisement, forgive me.  It is.  If you are not CERTAIN that you are going to make a 100% on the North Carolina real estate exam, you need to take my practice exam.  It is too expensive to make a practice run with the North Carolina real estate exam.   https://www.youtube.com/watch?v=erGSsTBXatc

A Dream Job in Central Florida

     Did you ever meet someone that seemed to have a dream job?  A job with good pay, good benefits, little stress, good hours and a pleasant work environment is a blessing.

     In Orlando, Florida there is such a job that is within reach of of any reasonable person.  You don't need a college degree.  You don't need any fancy connections.  You just need to know about it. 

     What is this job?  It is selling time shares.  Central Florida is the time share capital of the planet.  There are more time shares resorts in central Florida than anywhere else in the world. 

     If you can get along on $100,000 per year, selling time shares is a job that you would love.  Many of the really good time share sales people make twice that.  Times shares are sold on commission.  Time share sales people are employees  with benefits at most time share resorts.  Most resorts pay you while you are  in sales training.  Selling time shares is selling vacations and dreams. It is a very pleasant way to make a living. 

     In most sales jobs, the biggest challenge is finding prospects to present to.  At a time share resort, the company finds the prospects.  They put the prospect in front of the sales person.  All the salesperson has to do is to get their signature on the contract. 

     Most time share sales people are home from work before the kids are out of school.  You don't take your job home with you in a briefcase. 

     Do you want a pleasant place to work?  Most time shares are sold right at the luxury resort that you are selling.  You are working where other people go on vacation.  It is tough touring through the pool twice a day. 

     If you have a Florida real estate license or can get one, check out selling time shares.  http://floridarealestateinstructor.com/looking-for-a-real-estate-class-in-orlando/   It is a fun way to earn an extraordinary living in central Florida.   . 

Pass Fail Ratio for The North Carolina Real Estate Exam for June , 2018

     In June of 2018, six hundred eighty six real estate license applicants attempted the North Carolina real estate exam.  Three hundred ninety three of those real estate license applicants passed both parts of the North Carolina real estate exam.  That is a fifty seven per cent pass ratio.  Forty three per cent of those applicants will be paying $164 to try again.

     This situation is not quite as dismal as it may appear at first glance.  The North Carolina real estate exam is a two part exam.  One hundred questions are the "general " portion of the North Carolina real estate exam.  Forty questions are the "North Carolina"  portion of the exam.  You can pass one and fail the other.  If you do, you will be paying $164 to try THAT portion again.

     Last month, one hundred sixty seven repeat test takers took the cumulative (both parts) exam for the second or third or fourth time.  They all paid $164 for the privilege.  Thirty of those applicants passed.  That is an 18% pass rate.  Do not underestimate the North Carolina real estate exam.

     Here is some more information.  In June, forty seven real estate license applicants took the "general" portion of the exam as a repeater.  Twenty six of those test takers passed.  Forty five percent of those exam applicants will be back paying $164 to try one more time.

     Two hundred ninety three real estate exam applicants took the North Carolina Only portion of the North Carolina real estate exam as a repeater in June.  They all paid $164 .  Forty per cent of these folks will be paying $164 to try again.

     If you are soon taking the North carolina real estate exam, may I ask you a few questions?

     First, is $164 a lot of money at your house?

    Second,   have you read "The Comments" AKA Appendix A in your textbook?  It is on page 615.  A better question would be, How many times have you read it?   Half the "North Carolina" questions come from "The Comments".  Read it at least five times.  It is also a free download from the NCREC www.ncrec.gov

    Third,  have you read the NCREC's booklet, "Real Estate Licensing in North Carolina"?  https://www.youtube.com/watch?v=EZFPZGo_DJ4    Here is a link to a video I made about that. It tells you what is on the exam.  Many repeat test takers don't read this booklet until they have failed the exam a couple of times.  I suggest reading it before your first attempt.  It is also in your textbook on page 638.  It is also a free download from the North Carolina Real Estate Commission.

    Fourth,why would anyone go spend $164 to take a test that they have not studied for?  The two above documents contain half the "North Carolina " questions.  Read Appendix A, at least, five times.

Giving a small gift is a good way to start a business transaction.

     Fifth, have you answered ALL the questions in your textbook?  There are questions at the end of the chapters.  Have you answered them?  There are practice tests.  Have you answered those?  There is a fifty question math test.  Can you do all the math?  Have you done that test?   The North Carolina real estate exam is at least ten per cent math.  That is 14 math questions.  If you have any problem with that test from your textbook, it is on You Tube.  Here is a link.  https://www.youtube.com/watch?v=fxc4SZ1CW1w  Any math that is on the North Carolina real estate exam, I have it posted on You Tube.  Put Ron Climer North Carolina math into the search bar.  Most people that fail the exam, only fail by a point or two.  YOU MUST KNOW HOW TO DO THE MATH!  I did the hard part and posted them on You Tube. You do the easy part.   Before you go bet $164 that you are ready, watch all the math videos.  Read this.  http://rondclimer.blogspot.com/2016/12/solving-real-estate-math-problems-for.html    Make the math be your friend instead of your enemy.

Sixth, have you done my practice exam at www.ncreexam.com ?  Have you done my free practice exam at http://rondclimer.blogspot.com/2015/04/real-estate-practice-exam-for-north.html   ?   Practice exam are great study aids.  Have you bought the book, "Guide to Passing the AMP Real Estate Exam"  ?  It has a thousand practice questions.

Seventh, have you called your classmates and created study groups.  Do you have most of your classmates contact info so you can call them the evening of their big exam and congratulate them on passing?  Have you read my article about trick questions?   http://rondclimer.blogspot.com/2017/12/what-about-those-trick-questions-on.html

Eighth, Did you leave a notepad or recorder on the front seat of your car so IF you return to your car after the exam with a failure notice in your hand, you can start writing down the questions that you saw that you did not know the answer to?  Do this before you leave the parking lot.   Did you? Did you?   Because I have so many helpful videos posted on You Tube, I get phone calls from all over North Carolina.  Almost all of these calls are from people that have failed the North Carolina real estate exam, at least, twice.  They tell there was stuff on the exam that they had never heard of.  My natural reply was, "Like what?'.  Almost always they tell that they can not remember what.  Gee!  Do you think if they see that same question next time, they will know the answer?  At $164 a pop, I suggest that if you see a question like, "What is the CFPB?"  you better know what that is before you go back.  Anyone that failed both portions of the exam had to miss more than 39 questions.  Find out the answers to those 39 questions BEFORE you spend that next $164.  If you know what the CFPB is, please leave a comment for your fellow travelers.   If you don't know what it is, find out before you write that $164 check.

Ninth, did you take a box of chocolates and give it to the exam monitor as you ask him to give you the EZ test?   I have been suggesting this to my students ever since computerized testing was started in Florida.   I started telling my students back in 01 that if they would take a box of chocolates to the exam site and ask the monitor to give them the easy test, she would.  Half my students were skeptical.  The other half believed me and took the chocolates.  A couple of years later, I received a letter from the F.R.E.C. informing me that there is no EZ test .  I should quit telling my students to bring chocolates to the exam monitor.  Of course, I continued to suggest that the students take the chocolates.  A year later, we received a phone call at the school from the testing center.  It was one of the exam monitors.  She just wanted to let us know that her favorite chocolate was Godiva chocolate.  Take the chocolate.

     The reason I started to suggest this was because I read Dr. Robert Cialdini's book, "Influence".  In this fabulous book, he explains the basic, instinctual, power of reciprocity. This is a principle of influence that states that if I give you a gift, there is a strong urge  for you to give me a gift back.  https://www.youtube.com/watch?v=HOypv1AqYu0

     A couple of months ago, I had a man call me from the flat end of the state. He told me that he had taken the North Carolina real estate exam several times.  He told that the last time he took the exam, he walked in and the test monitor told him to go sit at table 7.  He had sat at table 7 the last time he was there.  He asked if it would be alright if he were assigned another table.  There was no other test candidates there.  The monitor barked at him and said," Get your ass at table 7 or get the Hell out of here."  He told me that was rather disconcerting.  He failed one more time.  Do you think that would have happen if he walked in with a box of chocolates?  There may not be an EZ test.  There is probably some things known only to the test monitor that can make your visit to the testing center more pleasant.  Take the chocolates.  If you can not afford a three dollar box of chocolate, at least bring a big smile and a pleasant attitude.

     Question number ten, would you please quit studying like you want to BAAAAAARELY pass. Please study like you want to make 100%.  Study like you want to get your picture on the front page of the North Carolina Real Estate Commission's Bulletin as the only person this year to make 100%.  Study like you have a $100,000 per year job waiting for you.  Because you do.  Get together with your classmates, suggest that everyone that is willing puts $164 in a jar.  The first one to leave class and get their real estate license keeps all the money in the jar.  Study like you have $164 in that jar and so do ten of your classmates.  Don't study like you are hoping to pass.  Study like it is life or death.

      Question number eleven, would you please leave me a comment and tell me what else you can do with $164 besides taking the North Carolina real estate exam over? 

     If First Real Estate School in Hendersonville www.firstrealestateschool.com can help you get your North Carolina real estate license contact us.  Our next class starts August 14, 2018.  Leave a comment.

   





   

Just Say No to Non Compete Clauses in Employment Contracts

     If you are looking to make a $100,000 mistake, sign an employment contract with a non compete clause.  Just as your career is shifting into second gear, you are offered a job with a competitor.  Your current employer reminds you that, when you started here, you signed an employment contract agreeing NOT to leave us and go to work for another employer in the same field and the same area.  WHAT!  I signed WHAT?  Read the employment contract before you sign it.

     Who benefits from the agreement NOT to compete in this area for two years?  The employee?  I don't think so.  The employer?  YESSIR.  The employer gets the benefit of the employee's work.  The employer pays for that.  That is fair.  The employer also gets an agreement not to compete with him for some period of time after termination of employment.  Does the employer pay for that? Nope, not one penny.  That is grossly unfair.  Wait!  The employee agreed to it.  That was before he read this article.  Is this agreement enforceable in court?

No non compete clause in your employment contract

     It was for me.  In 1996, I went to work as a part time real estate instructor for a real estate school in Orlando.  In 1998, I left that real estate school and opened my own real estate school in Orlando.  My old employer reminded me that two years ago, I had signed an employment contract agreeing NOT to compete with him for two years after termination within fifty miles of his location.  He sued me.  He obtained an injunction from the court ordering me to NOT teach any real estate classes within fifty miles of his location.  I moved fifty one miles away to Daytona Beach.  I opened Climer School of Real Estate.  Twenty four months later, I moved back to Orlando.  That was my $100,000 seminar.  I was a lot smarter after that.

     Just say NO to non compete clauses.  There is no upside for the employee.  It may be ten years later when a competitor offers you a opportunity as a sales manager.  Your old employer gets a court order stopping you from working in your field in his town.

     I promise that you will feel violated.  You are.  Do not let this happen to you.  Learn from my mistakes, not your own.  Just say no to non compete clauses.  www.firstrealestateschool.com

Post License Real Estate Class in Hendersonville, North Carolina in July 2018

     In North Carolina, when a person gets their North Carolina real estate license, that new real estate licensee is not through with real estate school.  That new licensee is called a provisional broker.  Before the anniversary of passing the North Carolina real estate exam and receiving their North Carolina real estate license, that provisional broker is required by the North Carolina Real Estate Commission www.ncrec.gov to take at least one post license course.

Post license real estate class in Hendersonville, N.C. 

     First Real Estate School www.firstrealestateschool.com in Hendersonville, North Carolina will teach this class, post license 301,  starting on July 20, 2018.  This is a Friday.  This thirty hour class will meet for four Fridays in a row ending with the real estate test on August tenth.  The hours are 8 AM to 5:30 PM.

     The class will meet at Keller Williams Realty's  new training facility at 404 South Main Street in downtown Hendersonville.  Students that attend this class will learn  more about contracts and agency responsibility.  Ron Climer will be the instructor.  Boredom will not be a problem.

     The tuition is $180.  First Real Estate School will loan the textbook to the students (like high school).  If you need this course to keep your to keep your real estate license active, please join us on July 20th.  Call 828 440 1064 to enroll.  Be sure to bring your real estate pocket card.