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Just a few months ago, I lost my job and decided that I didn’t want to go back to corporate America. My goal was to challenge myself to develope new skills and abilities doing something I wouldn’t have considered in the past. The new venture was to become a real estate agent. I have found the industry to be very mysterious. The information is out there, but I have to work to find it.
While preparing for the real estate exams there was always someone around to tell me that the test was hard and that I shouldn’t worry if I don’t past the first time. I am hear to tell you that you can pass the first time, if you prepare yourself.
If you have an interest in becoming a real estate agent, you already know that you must pass the real estate exam(s) before you can do anything in the industry. When you research the exam you will find post from people who failed one or more times and you will have people tell you the test is really hard. While the test may be challenging, you can and will pass the first time if you prepare properly. You don’t need a ton of resources. You only need your time, focus, dedication and confidence.
I passed the first time and so can you!
The real estate industry is the most mysterious industry I have encountered, it’s hard to tell which comes first the chicken (finding a place/brokerage to work) or the egg (passing the exam). It is important to ensure you have accurate information prior to navigating the process.
STEPS TO BECOME A LICENSED AGENT
- Complete pre-licensing course
- Pass required exams (national & state)
- Submit application for license
You are welcome to talk to as many brokerages as you would like, but they can not and will not put you to work as an agent until you are licensed. Regardless of your state you will need to complete a pre-licensing course and pass both test.
It is good to interview brokerages and select a broker by your test date, if you want to start the application process. The application, in most if not all cases, requires a signature from the managing broker.
FIND A PRE-LICENSING COURSE
The pre-licensing can be taken online or in person, depending on your state. I am in Virginia and had both options available to me, while someone I know in Arizona was limited to in person classes only. Visit your states real estate licensing website to be sure that you have the most up to date and accurate information on requirements and approved pre-licensing courses.
6 TIPS TO PASS YOUR FIRST TIME
Everyone learns and studies differently, so modify the tips below as you see fit. Keep your eye on the prize and stay focused.
- Stop reading stories on the internet where people talk about failing one or more times. This does nothing for your mind and confidence. Quiet honestly it’s a wast of time.
- Use a few resources. Too many resources will overwhelm you and prevent you from focusing.
- Obtain an outline of the test content. This document will tell you what you will be tested on and how many questions from each section will be on the test. I was able to get to outline from the Candidate Information Bulletin on the website of PSI (official testing center for Virginia). It was also provided to me in class. Use the outline (from your state) as an additional study aide.
- Pay attention in class. You teacher will share stories and examples that help you remember important information.
- Read the books and create an outline. By writing the outline you will focus on key information and it will help you retain the information for test day.
- Complete all practice questions, quizzes & tests (don’t write in the book) more than once. If you have access to an online question bank, use it!!! The more questions you do the stronger you will become.
MY STUDYING EXPERIENCE
I passed my real estate exams the first time. You can too!!!
Virginia required me to complete a 60 hour pre-licencing course. I attended the Long & Foster Institute for Real Estate on a military scholarship. Our books included Modern Real Estate Practice, Nineteenth Edition & Virginia Real Estate Practice & Law, Tenth Edition.
Modern Real Estate Practice comes with online access to a 430 question bank for the national exam. The information & code to access the question bank is in the book. The question bank allows you to create quiz of any size up to 200 questions. To study I created quizzes of 80 questions. When I complete a quiz, I reviewed every question I missed before taking the next quiz comprised of questions I had not used. I repeated this until I completed every questions once (6 quizzes). After completing all 430 questions, I took 80 quizzes until I received 80% or higher 3 times. At this point I felt confident that I had a good understanding of each of the areas.
The Virginia state exam is what I struggled with the most. I was limited to the practice questions in the book, because there was not online question bank. My approach was similar but different.
- Completed all end of chapter (10) questions and scored.
- Completed the practice test and scored
After scoring each set of questions I reviewed all the one I got wrong. Since I was still uncomfortable with my 72% score, I reread each section and answered the end of chapter questions during the two days before my scheduled exam.
Please feel free to ask any and all questions. You can also reach me directly via email.