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What Is The HARDEST Part Of The Real Estate Exam?
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Dec 11, 2024
Today we discuss the hardest parts of the real estate exam and the future of Real Estate License Wizard. Free real estate practice exams: https://realestatelicensewizard.com/real-estate-practice-exam/ 0:00 Introduction 0:52 How we got started 3:19 What's the hardest part of the real estate exam? 4:25 Vocabulary tips 6:30 How many pass their exam the first time? 7:30 Math tips 8:20 Practice under pressure 9:00 Understand the laws 9:15 The future of Real Estate License Wizard #realestate #realestateexam #realestatelicense -=-=-=-=- Don’t forget to like and subscribe for more!
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0:00
probably not the faces You're Expecting
0:02
my name's Leo and I'm Diana and today
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we're going to be talking about the
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hardest parts of the real estate exam
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and how to conquer those parts and some
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of the free resources that are out there
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obviously a Shameless plug are resources
0:15
but they are free and we'll explain why
0:16
we created them in the first place and
0:18
some of the tips and tricks that our
0:20
students have said that these are the
0:22
best most important things to know
0:23
before you take the exam but before we
0:25
get into that I think we should explain
0:27
why we are here and Zach's not here
0:29
right right which you all know
0:32
so just so you know so I'm I'm the owner
0:35
of real estate license wizard uh Zach is
0:38
actually my cousin and we ended up
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teaming up together I created the exam
0:42
app and he was the face and did all the
0:44
research and the whole reason we started
0:47
this thing actually spawned out of your
0:50
story
0:51
so probably 10 years ago gosh that makes
0:55
us sound old I was trying to get my real
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estate license because I didn't know
0:59
what to do and I thought why not be a
1:01
realtor I'm sociable people like me I
1:04
could sell houses well
1:06
it is a lot harder than it sounds these
1:10
tests that they have you take and we
1:11
will definitely get into that in ways
1:14
that you know helped me and little like
1:15
cheats and things like that so we can
1:17
help you and you wouldn't have to take
1:19
it maybe five times like I did yes well
1:21
the key was with those five times there
1:24
was an app out there that you you
1:25
purchased why don't you tell us about
1:27
that oh gosh the app well what that it
1:29
was two hundred dollars each time or it
1:31
was pretty expensive yeah so like this
1:34
was years ago so we were maybe what 20
1:36
we didn't have
1:38
so much money to just scan our credit
1:40
card for a thousand dollars like no
1:42
thanks yeah I don't know if it was that
1:44
much but it was it was a lot it was a
1:45
lot and the challenge was that the two
1:48
things one you couldn't just retake it
1:50
without having to pay every single time
1:52
yesterday and then the other thing was
1:55
is that some of the information was
1:57
outdated so so that's essentially the
1:59
Genesis or the start of real estate
2:01
license wizard I got together with Zach
2:03
again I'm the programmer the developer
2:06
of the app and Zach ended up you know
2:08
creating all of the course material and
2:10
things like that and one of the things
2:12
that he found and we both found and you
2:14
found too is a lot of the information
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especially on the state portions was
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incorrect so Zach really took a lot of
2:22
time to go through every single state we
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don't have all the states but most of
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them you can check on our website and
2:27
every single law and ended up creating
2:30
uh what we think is the best or at least
2:32
most accurate right I mean there's a lot
2:34
of Great Courses out there obviously
2:36
we're partial to our own
2:38
but one of the nice things and maybe you
2:40
might not know this is that everything
2:41
that we have and do is actually free and
2:44
of course we have a paid course so you
2:46
can take but if you want to take you
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know the math exam the national exam the
2:50
state exam it's all free and you can you
2:52
can check that out but I would highly
2:53
suggest taking the course
2:56
um I know that when I took a course it
2:58
definitely helped yeah and we took that
3:01
and we kind of I mean we built our own
3:03
and made it better in my opinion yeah
3:08
I wish I had what what we have now back
3:11
then yeah yeah of course okay so so now
3:15
on to the topic of today what is the
3:17
hardest part of the real estate exam
3:18
what do you think Diana I don't think
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that's a fair question because I think
3:23
to me it was it was all hard we all
3:25
learned differently we all prepared
3:27
differently
3:28
um so I would say it's you can't really
3:31
just come out with an easy answer okay
3:33
obviously some people are good at math
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that's a good one math yeah
3:39
um they definitely have math and they
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make it tricky they do yeah it's not
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like trigger algebra
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remember they made these like like long
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paragraph questions and you can use a
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calculator for sure but they were tricky
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yeah we definitely were tricky but the
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good news is it's only about 20 of the
3:57
exam so some of the most important parts
3:59
right are the National right so the
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typically they're between 100 and 150
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questions on the test you know as we
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said the the math portion is only about
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20 and the more significant test parts
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of the tests are the National real
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estate questions and the local real
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estate questions so things that you need
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to know uh are your vocabulary oh my
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gosh vocabulary yes that is a huge huge
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part of the test
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only way in my opinion is to do it as
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flash cards I know it sounds like you're
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going way back like to high school maybe
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even before that whenever you use
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flashcards I don't know but that is the
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best way to do it and put the definitely
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do do the definitions but also add the
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was it fair fair housing laws yeah the
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different flash Parts a must yeah yeah
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in fact you know we actually have flash
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cards in the course and we also have a
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vocabulary terms uh app on our site
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which you can access for free instead of
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heading hand cramps because I remember
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we had stacks of cards there's so many
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and there I'm telling you every one of
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them is on these exams yeah so and
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obviously if you don't understand the
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concept of the word you're not it's very
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unlikely you're going to be able to get
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the answer in that case you're gonna
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have to guess and what do you think
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about guessing oh well
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guessing they say to go with C
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I can't tell you if that's right but
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also like seriously I remember if I
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didn't I remember like thinking back if
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I didn't know a question you just they
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give you the option to skip like you can
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skip through it but then it eventually
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comes back and then you're looking at
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and you're like oh my gosh I I just
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really don't know this don't leave it
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blank because that's a one in four
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chance that you can get it right versus
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just definitely getting it wrong by
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leaving it blank so guessing in in my
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opinion is focused yeah and further tips
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from from the students that have taken
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this I've got a whole list of them here
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um is they did say skip them initially
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and then come back to them you know look
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for you know similar try to eliminate
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the ones that you know maybe one that
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you can just tell that is definitely
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false because then you have maybe a one
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and three or one and two chance and the
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other thing I want to mention too is
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that um you know one of the reasons
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we're in real estate is actually because
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my mom she's phenomenal at real estate's
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been in it for what 40 years she has a
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team of 15 people so if you're looking
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at you know becoming a realtor she's you
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know something to Aspire to be obviously
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I'm biased she's my mom and she's
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wonderful but basically uh the reason
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why I'm telling you this is that there's
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15 Realtors on our team and there's only
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one of them that passed it the first
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time so I don't even think your mom has
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it the first time I you know I was so
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young she did my mom was working like I
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remember she was working like three jobs
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studying for her real estate exam in the
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evening she was working at Bob Evans and
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every night my mom and dad studied
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together and this was a long time ago
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but I don't I don't know if she passed
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it the first time or not but I don't
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think she did yeah I'll take your word
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for it and you know what guess what guys
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it doesn't matter this woman sells 300
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and what 68 homes a year and there's
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only 365 days in a year so it doesn't
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matter and you're not it doesn't matter
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if you pass in the first time second
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time yeah we're just trying to help you
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pass it in general yeah the key is that
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once you pass this I mean that's the the
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thing that you have to kind of get out
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of your way in order to you know start
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your new life Journey right um so
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anyways how important vocabulary we
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covered that we talked about the math
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yeah it's challenging but you have a
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calculator and you just practice the
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math problems yeah it's true like they
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try to trip you up and we've got a lot
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of we got a free math exam on real
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estate licenseward.com where you can
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practice and it covers a lot of those
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things
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um you know and some of the other tips
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that we have is answer the easy stuff
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first we just talked about that make
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sure you answer every question we talked
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about that and then we talked about the
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fair housing laws and one thing that's
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really important is that
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um a lot of our students have said that
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it's really important to take the exam
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under time constraints because on exam
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day your your times right yeah
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remember how ever how long you get maybe
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it's three hours I could be way wrong I
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think it's some really we cover it on
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our site but yeah but yeah and um
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but yeah so long story short make sure
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you practice it under pressure so yeah
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uh you can go to Real Estate licensures
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or and then take our free practice exam
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but make sure you set a clock next to
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you or an alarm so you can see how
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quickly you're doing it because the last
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thing you want to do is go on you know
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into test day and unfortunately you know
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get 80 you know however many percent all
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of them right but not get to all of your
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questions good point and then the
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recently did we talk about fair housing
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laws and the laws and stuff like that
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yeah we didn't go into
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um yeah but basically we have all of
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that a lot of the laws are in the state
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exams and the national exams but it's
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one of those things where
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um you just got to learn them right okay
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and then see what else is there so
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that's that's pretty much pretty much it
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so
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um so the next question is what is the
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future of real estate license wizard
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well in the meantime you're stuck with
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us sorry yeah
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um but we are actively looking for
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someone to take over that channel so if
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you are really interested in real estate
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you've got your real estate license or
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even taking the test a few times uh
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because obviously we have all sorts of
9:32
materials to support you although having
9:34
a real estate license obviously is
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preferred because you're going to be
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teaching material
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um then reach out to us right because
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again while we're not YouTubers we have
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experience obviously I have a lot of
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experience entering in all the data and
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programming this stuff but um you know
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this isn't my full-time thing but we're
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looking for someone to make it their
9:53
full-time thing or maybe even a
9:54
part-time thing so if that's you let us
9:56
know and other than that let us know in
9:58
the comments below how we did yeah
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seriously how does it feel about your
10:02
first YouTube video I still feel like
10:04
it's real like are we really on YouTube
10:06
right now that's how I feel yeah let us
10:08
know in all honesty because no hard
10:10
feelings we can only get better so yeah
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yeah yeah hopefully there's sound with
10:15
this maybe we'll upload it hopefully
10:17
we're not lagging and it's just like
10:18
looks funny so anyways but yeah we
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appreciate you uh joining us today and
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we will see you in the next video if
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there's anything that you're interested
10:26
in learning about uh let us know in the
10:28
comments and uh we'll make sure that we
10:30
come up with something that's more uh I
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guess formal but uh today we just kind
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of want to introduce ourselves and cover
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it that's good
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is that like because nothing's textbook
10:44
yeah maybe formal wasn't the right I'm
10:46
saying we didn't really this is more off
10:48
the cuff right we printed out something
10:50
we said hey guys give us some
10:52
information what are you interested in
10:53
so this is an easy one but if you're
10:55
saying hey we really need help on this
10:57
law let us know and we'll dig into that
10:59
law for you or whatever you're
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struggling with okay so have a wonderful
11:03
day and uh we'll see you in maybe next
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week yeah that will be great yeah all
11:09
right bye
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