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Get ready for your real estate licensing exam with confidence! In this comprehensive video, our team of experienced real estate professionals shares their expert tips and strategies to help you succeed in passing your exam. With a wealth of knowledge and experience in the industry, we'll provide you with valuable insights and guidance to help you prepare effectively and increase your chances of exam success.
In this video, you'll learn about the exam format, including the different sections and types of questions you can expect. We'll also discuss effective study techniques that will help you maximize your preparation time and retain important information. Our team will cover key concepts and topics that are commonly tested on the real estate licensing exam, such as real estate law, contracts, financing, and more. You'll also receive valuable tips on time management during the exam, as well as common mistakes to avoid.
Don't leave your results to chance! Follow our best practices for exam success and gain the confidence you need to pass your real estate licensing exam. Whether you're a beginner or a seasoned professional, this video is a must-watch for anyone looking to excel in their real estate career.
Here are the chapters for this video. Feel free to jump around accordingly:
0:00 Introduction
0:38 What Is the Real Estate Exam?
1:19 Real Estate Exam Curriculum
2:29 How to Study For the Real Estate Exam
3:25 Prepare with Real Estate Practice Exams
4:12 Learn Your Real Estate Vocabulary
5:07 Learn Your Real Estate Acronyms and Abbreviations
5:56 Come Up With Real-life Scenarios That Relate to Concepts
6:39 Master Real Estate Math
7:48 Create a Real Estate Cheat Sheet
8:42 Seek Help from Real Estate Professionals
9:48 Binge Real Estate Exam Prep Videos
Show More Show Less View Video Transcript
0:00
imagine being a licensed real estate
0:02
agent or broker who can help people find
0:04
their dream homes while earning a
0:07
commission sounds pretty great right but
0:09
before you enjoy the perks of being a
0:11
real estate professional you must pass
0:13
your State's real estate licensing exam
0:15
this exam is not easy typically requires
0:18
lots of preparation as it covers a wide
0:21
variety of topics but luckily that's
0:23
where I'm here to help here at real
0:25
estate license wizard we're all about
0:27
making the exam a simple process for you
0:30
and today I'm going to cover some
0:31
secrets and some tips and really just go
0:34
over how to prepare for the real estate
0:36
exam let's get started so to start off
0:39
what is the real estate exam well the
0:41
real estate exam is a state-specific
0:43
test that evaluates your ability to
0:45
perform duties as a real estate
0:47
professional it consists of two parts a
0:50
national section along with a state
0:52
section the national section is the
0:54
general real estate principles and
0:56
practices whereas the state section
0:58
covers your State's laws and rate
0:59
regulations Most states require a 70 on
1:02
both sections of the exam to pass now
1:05
obviously this does vary depending on
1:07
the state that do in which you live in
1:08
and for more information on that you can
1:10
actually check out our website we have a
1:12
full guide where it lists every score
1:14
that you need to pass the exam along
1:15
with how many questions they are how
1:18
long it takes and all that good stuff
1:19
now one question I get asked all the
1:21
time is Zach what exactly is on the exam
1:24
well questions on the real estate exam
1:26
cover a wide variety of topics
1:28
pertaining to property ownership
1:30
contracts ethics and more really the
1:33
best way that we found to break things
1:35
down is by overarching topic so we've
1:37
actually established a unique system of
1:39
organizing these topics which all show
1:41
on the screen right now for you and
1:43
essentially these topics are guaranteed
1:45
to show up on the real estate exam now
1:48
there's a little secret that not that
1:49
many people know they tell you what's
1:51
going to be on the exam they do you just
1:53
have to look typically on a state's
1:55
website for The Real Estate Commission
1:57
that you're looking into getting
1:59
licensed in if you go to their website
2:01
you can look at specifically what's
2:03
going to be on the exam it'll tell you
2:05
the topics now the tricky part is
2:07
they're not going to tell you the exact
2:09
questions but they will tell you kind of
2:12
a vague explanation of what to expect
2:14
and that's where we come in we kind of
2:17
fill in the dots and that's why if you
2:19
can see again on the screen here below
2:21
these topics we found are guaranteed to
2:24
show up on the exam through and through
2:26
you're guaranteed to see things about
2:28
property ownership financing contracts
2:30
fair housing really the basics and
2:33
that's why we have so many videos
2:34
covering these things and that's why
2:36
they get tons of views because clearly
2:38
people are struggling with them on the
2:39
exam maybe they don't pass the first
2:40
time and they look it up and then they
2:42
come and they find our stuff and then we
2:44
help them pass so that's the science
2:46
behind this all and that's pretty much
2:47
what to expect on the exam so now how do
2:50
we study for the real estate exam if we
2:52
know what's on the exam how do we take
2:54
it a step further how do we study it how
2:56
do we prepare for the exam itself well
2:58
studying for the real estate exam
2:59
require is a combination of methods that
3:02
I'm going to go over with you guys today
3:03
so obviously the first one we kind of
3:05
did already it's familiarize yourself
3:07
with the exam format it's essential to
3:09
know what to expect on exam day
3:11
basically you want to review the exam
3:13
instructions the number of questions
3:15
time limits things like that knowing the
3:18
exam format beforehand can help you
3:20
manage your time better and reduce
3:22
anxiety for the day of the exam now two
3:25
is one of my favorite steps and when we
3:27
talk about all the time prepare with
3:29
real estate practice exams practice
3:31
makes perfect and the best way to
3:33
prepare for the real estate exam is to
3:35
use practice exams treat them like the
3:38
real deal turn off distractions time
3:40
yourself and review the questions you
3:42
got wrong obviously we do have a free
3:44
practice exam which I have to mention in
3:46
every video but really it is the best
3:48
one out there I challenge you truly I
3:51
challenge you to find a better practice
3:53
exam you you won't be able to we offer
3:55
the most free questions out there and
3:58
really they're the highest quality we
4:00
hear people all the time say that they
4:02
just use our free products to pass which
4:04
is crazy which is great you know it's
4:05
super awesome to hear really yeah we
4:08
encourage you to try it out and check it
4:10
out yourself now that leads me to the
4:11
next one the next important aspect of
4:13
preparation you need to learn your real
4:15
estate vocab so vocabulary is an
4:17
essential part of the real estate exam
4:19
because it tests your understanding of
4:21
terminology and Concepts that are
4:23
fundamental in the industry with a solid
4:26
grasp of real estate vocabulary it can
4:28
be easier to comprehend complex
4:30
documents contracts agreements and
4:34
really anything involved in the real
4:36
estate transactions that you're going to
4:37
be dealing with when you become a real
4:38
estate professional additionally real
4:41
estate professionals must communicate
4:42
effectively with their clients
4:45
essentially you don't want to go to a
4:47
business meeting or a meeting with a
4:48
client and you know sound under prepared
4:51
or like you have no idea what you're
4:52
talking about so as a result the real
4:55
estate exam places a significant
4:57
emphasis on vocabulary to ensure that
5:00
aspiring real estate professionals have
5:02
a strong foundation in the terminology
5:04
in Concepts necessary to excel in the
5:07
field now the next one or the next tip
5:10
in this preparation video is you need to
5:12
learn your real estate acronyms and
5:14
abbreviations you can use acronyms and
5:17
abbreviations to remember critical
5:19
information quickly for example to
5:21
remember the different types of Deeds
5:22
you can use the acronym qcd which stands
5:26
for quick claim deed things like that
5:29
really go a long way especially when it
5:31
comes time to exam time when you're
5:34
taking your test sometimes these
5:36
abbreviations or acronyms might even
5:38
show up or maybe you can memorize these
5:40
acronyms in your head and maybe you
5:43
forgot exactly what that term was but
5:45
know you can remember the acronym and
5:47
things like that really the
5:48
opportunities are endless when it comes
5:50
to this but this is just one of those
5:51
preparation things that not a lot of
5:54
people put a lot of emphasis on and they
5:55
really should next is come up with real
5:58
life scenarios that relate to Concepts
6:00
try to relate Concepts to real life
6:02
scenarios to help you remember and apply
6:04
information on the exam for example you
6:06
can connect the concept of comparables
6:08
to buying a car just as you compare the
6:11
features and prices of different cars
6:13
before making a purchase you can also
6:15
compare the features and prices of
6:17
various properties when buying real
6:19
estate try remembering when someone in
6:21
your family sold their house and
6:23
Associate that with Concepts that you
6:25
need to know for the real estate exam
6:27
try to visualize real life scenarios it
6:30
might sound silly but I'm telling you
6:32
guys it works this simple yet often
6:34
forgotten study method can be applied to
6:37
the real estate licensing exam so
6:39
definitely try it out next is master
6:41
real estate math real estate math is a
6:44
significant part of pretty much every
6:46
real estate exam don't be intimidated by
6:49
it real estate math is by no means
6:51
difficult but practice is needed to be
6:54
able to apply the concepts correctly I
6:56
tell everybody all the time this is one
6:59
of the biggest secrets to passing
7:00
basically if you master real estate math
7:03
you can turn that weakness you can turn
7:04
that thing that you're afraid of into
7:06
strength because it's really not hard to
7:08
master they're not doing complex math
7:10
problems there's no complex arithmetic
7:13
you're typically going to have a
7:14
calculator to do all these problems you
7:16
just need to understand and memorize the
7:18
format you just need to understand okay
7:20
I need to take this number and multiply
7:22
it by this that's it there's there's no
7:24
complicated feature to it really it's
7:26
it's very simple and straightforward so
7:28
I encourage you please please turn this
7:30
weakness into a strength if there's
7:31
anything you take away from this video
7:33
even though all this is going to be used
7:34
for information please take away that
7:37
turn your math weakness for the exam
7:39
into a strength because those extra five
7:42
or six questions that you might have
7:43
gotten wrong before uh now you get them
7:45
right and that's the difference between
7:47
passing and failing next is create a
7:49
real estate cheat sheet creating a cheat
7:51
sheet can be a valuable strategy to
7:53
solidifying your understanding of key
7:55
Concepts and information you struggle
7:57
with creating a cheat sheet itself can
8:00
be a very helpful study tool as it
8:02
requires you to condense the material
8:04
into concise and manageable sections
8:07
identifying and organizing your
8:09
weaknesses into specific categories can
8:11
help you target your studying more
8:13
effectively for example you might create
8:15
separate sections for real estate laws
8:17
math formulas vocabulary terms and
8:20
critical concepts by focusing on the
8:23
areas where you need the most
8:24
Improvement you can optimize your study
8:26
time and improve your chances for
8:28
Success now once you've created your
8:30
cheat sheet review it regularly try to
8:33
commit the information to memory
8:34
consider making flashcards based on the
8:37
information in your cheat sheet as this
8:39
can help you drill down specific terms
8:41
and Concepts next is a quick one but
8:43
really one that's never talked about
8:45
seek help from local real estate
8:48
professionals local agents and Brokers
8:50
can provide valuable advice on state
8:53
Civic rules and regulations do not be
8:55
afraid to ask for help as it can often
8:57
lead to very valuable connections guys
9:00
seriously do not hesitate to call up one
9:04
of your local real estate agents and be
9:05
like listen I'm really interested in
9:07
doing what you're doing could you offer
9:09
some advice could you please you know
9:11
put me in the right direction with maybe
9:13
where you went to real estate school or
9:15
maybe what prep materials you used and
9:17
sometimes they're going to have a book
9:19
or two that you can use and plus it's
9:22
going to let you you know get out of
9:23
your comfort zone and talk to some
9:25
people that you might not normally would
9:26
which you know maybe that's going to
9:29
offer some potential valuable connection
9:31
for the dental line maybe you could work
9:32
for them or maybe work with them or
9:34
whatever the case might be the point is
9:36
is seeking help from local real estate
9:38
professionals is always a great thing
9:41
nine times out of ten these people are
9:43
going to be happy to help you and if if
9:45
not who cares you don't need them
9:47
anyways next one is binge real estate
9:50
prep videos so you might be doing that
9:52
right now maybe you just found my
9:54
Channel or our channel here and you've
9:56
just been you know grinding away and
9:58
listen that's that's a great thing you
10:00
know instead of watching funny cat
10:02
videos why not spend time watching real
10:04
estate exam prep videos I get it uh
10:07
completely so you know obviously you can
10:09
do this a couple different ways maybe
10:11
you're already doing it we could do it
10:12
in the morning you know maybe when
10:14
you're cooking dinner doing things like
10:16
that I I honestly never thought that as
10:18
many of you guys did it until this
10:20
channel really blew up and and everyone
10:22
keeps commenting oh I watch all your
10:23
videos while you're you know I'm cooking
10:25
dinner for my kids or you know I watch
10:27
your videos right before bed and things
10:29
like that and and really it seems to be
10:32
working it seems to be a great strategy
10:34
for a lot of people you know me
10:36
personally I try not to binge things too
10:38
much
10:39
um I don't want to spend too much screen
10:40
time because I already you know work on
10:42
the screen all day but I completely
10:44
understand and for you guys if that's a
10:46
great study method or a great tool and
10:49
again with most of these tips if they
10:51
work for you great if not that's okay
10:52
because we've got tons of other ones
10:54
next is enroll in a real estate exam
10:57
Prep course now obviously we do have our
10:59
own prep course there you can get
11:01
unlimited access to practice exams flash
11:04
cards specific video lessons along with
11:08
our most popular YouTube videos
11:09
completely ad free really it's a
11:12
spectacular study package for anyone
11:14
looking to pass either the first time or
11:16
the next time now I'm not going to lie
11:18
to you guys there are other good prep
11:20
providers out there I'm not going to be
11:22
like some of our competitors where they
11:24
won't even address Us by our names
11:25
probably because we give away too many
11:28
free products but I'm not afraid to say
11:30
our competitors names we have prep agent
11:32
who seems like he's you know a really
11:34
nice guy he does a lot of YouTube videos
11:36
as well he seems to have a great
11:38
Facebook group that you can get in and
11:40
and learn from and stuff like that
11:42
obviously there's Compu cram they seem
11:44
to to be pretty good with the state
11:46
specific stuff and you know obviously
11:48
there's us we're pretty much the new kid
11:50
on the Block and we're not afraid to go
11:52
head-to-head against these uh
11:53
competitors and if you want to evaluate
11:55
us and compare please do and you know if
11:58
you end up going with somebody else
11:59
that's perfectly fine or maybe multiple
12:01
things I I keep hearing people all the
12:03
time saying that they watched our videos
12:04
exclusively and passed the exam so
12:07
really if you want to look into that
12:08
great if not no biggie I just want to
12:10
see you pass speaking of passing the
12:12
real estate exam now that we covered
12:14
what to study and how to study we have
12:17
to put what we know into taking the test
12:20
after all learning how to study for the
12:22
real estate exam is one thing passing is
12:24
another you can do all the suggestions
12:27
that I just went over but still not
12:28
succeed to increase your chances of
12:31
success developing a study plan that
12:33
includes a combination of strategies is
12:36
essential not to mention it's necessary
12:38
to understand the thought process behind
12:40
taking the exam itself managing your
12:43
time during the test reading the
12:45
questions carefully eliminating wrong
12:47
answers guessing intelligently and more
12:49
so let's start with talking about
12:51
starting with a study plan so if you
12:53
take all the study methods that we
12:55
discussed and map out a plan that works
12:58
for you that's a ticket to success
13:00
remember what works for someone else
13:02
might not work for you and that's
13:04
perfectly okay everyone learns
13:06
differently for example real estate prep
13:08
videos might be the easiest way for you
13:10
to digest new information rather than
13:13
flash cards or cheat sheets whatever the
13:15
case may be develop a plan that fits you
13:18
and stick to it now obviously that
13:20
second part create a plan for the test
13:22
itself so this is kind of a two-parter
13:24
when you get to the exam what's the
13:26
first thing that you're gonna do are you
13:28
going to skip questions do you guess on
13:30
questions that you don't know do you
13:32
come back to those questions these are
13:34
all questions that you need to ask
13:35
yourself now before the exam without a
13:39
proper plan you can get overwhelmed and
13:40
waste valuable time during the exam
13:42
creating a plan for the test itself will
13:45
help you stay focused and calm during
13:47
the exam allowing you to perform your
13:50
best so let's talk a little bit about
13:52
that so skipping questions you need to
13:54
decide whether you want to skip
13:55
questions or come back to them later
13:57
some people find it helpful to skip
13:59
questions they don't know and move on to
14:01
questions they're more confident about
14:03
this strategy helps maximize the number
14:05
of questions they answer correctly and
14:08
they could always return to the skip
14:09
questions later and change them other
14:11
people prefer to answer questions in
14:13
order and complete them so they don't
14:15
get bogged down and any one question too
14:17
long both strategies can be effective so
14:20
choose the one that works best for you
14:22
obviously next we have to talk about
14:24
guessing it's essential to have a
14:26
strategy for guessing on the exam what's
14:28
always best to answer the question
14:30
correctly obviously sometimes you'll
14:32
encounter a question that you don't know
14:34
in these cases it's essential to guess
14:36
intelligently start by eliminating the
14:38
answers you know are incorrect and then
14:40
choose the best answer from the
14:42
remaining options you can use context
14:44
clue lose elimination or other
14:46
strategies to make an educated guess now
14:48
there's a big debate uh that I did want
14:51
to talk about briefly one of the most
14:53
debated topics regarding test taking is
14:55
whether or not to trust your gut or
14:56
change answers when it comes to the real
14:58
estate exam there's no easy answer some
15:01
test takers swear by their initial
15:03
instincts and believe that changing an
15:05
answer will only lead to more mistakes
15:07
others me included believe changing an
15:11
answer can improve their score if
15:13
they've made a mistake and I actually
15:14
did a full video on that which I will
15:16
link up here and uh or up here up here
15:19
and down below for you to check that out
15:21
as well really there's some science
15:23
behind it and I encourage you to check
15:25
it out essentially the meat of it is you
15:28
need to trust your instincts but don't
15:29
be afraid to you know if you see
15:31
something go back and change it
15:32
seriously watch that video your your
15:35
mind will be blown about the research
15:37
next is mental and physical prep so you
15:40
might be wondering at this point in this
15:42
video what else can be done Zach what
15:44
other tips so what other you know
15:45
preparation things can we talk about
15:47
well there's actually a lot you might
15:48
have heard horror stories of exam takers
15:50
being late to their test or showing up
15:53
and realizing they have the wrong
15:54
paperwork no matter the case a certain
15:56
amount of things can be done to reduce
15:58
this risk of happening one obviously
16:01
would be take care of logistics before
16:02
the exam get your Affairs in order or
16:05
the exam is the date the time make sure
16:07
your car is full of gas additionally
16:10
bring all required documents including
16:12
your real estate exam registration
16:13
documents a calculator if you need one
16:15
and then proper ID each state has its
16:18
own requirements so please please please
16:20
review them before the day of next is
16:23
study breaks guys don't burn out taking
16:26
study breaks is an essential for
16:29
preparing for your real estate exam
16:30
regular breaks can prevent burnout
16:32
increase productivity and improve
16:34
information retention studies show that
16:36
taking breaks keep the brain fresh
16:38
prevent it from becoming overwhelmed and
16:40
helps you stay motivated and focused on
16:42
your study goals the duration and
16:45
frequency of brakes obviously do vary
16:47
depending on the need and preference
16:49
during breaks though do something that
16:51
you enjoy such as walking maybe
16:53
stretching meditating something that
16:56
ideally relaxes your body your mind
16:57
really helps by incorporating regular
17:00
breaks into your study routine this can
17:02
help you stay motivated and focus
17:04
ultimately improving your chances of
17:06
success for your exam now obviously the
17:09
next one is stay motivated you can't do
17:12
this staying motivated throughout
17:13
studying for the real estate exam is
17:15
crucial for Success one way to stay
17:17
motivated is to set specific goals for
17:19
yourself these goals should be
17:21
challenging yet achievable and you
17:23
should have a plan for achieving them
17:25
breaking down your goals into smaller
17:27
and unmanageable tasks can make them
17:29
seem less overwhelming and help you keep
17:31
motivated another way to stay motivated
17:34
is to track your progress record your
17:36
study hours practice test scores and
17:39
areas you need to improve seeing
17:41
progress can be a powerful motivator to
17:43
help you stay focused on the end goal of
17:46
passing your exam obviously next one is
17:49
sleep getting a good night's sleep
17:51
before the exam is critical it's been
17:54
scientifically proven that a good
17:55
night's sleep can lead to higher test
17:57
scores I won't speak more on that you
17:59
guys have probably heard the lecture for
18:00
since the day you were born you need a
18:03
good night's sleep and then obviously to
18:04
go with that you need food don't skip
18:06
breakfast the day of make sure to have a
18:08
meal whether it be something little or
18:10
something you know medium-sized skipping
18:12
breakfast can make you feel hungry
18:14
leading to you know a distraction lack
18:16
of focus things like that now one last
18:18
thing we didn't talk about is confidence
18:20
if you're reading this or watching this
18:23
or listening in the background or
18:25
whatever it might be you're already on
18:27
the right track to passing the exam you
18:29
took that first step and you should be
18:31
proud of yourself not a lot of people do
18:33
confidence can majorly affect your
18:35
success so you have to believe in
18:37
yourself in your abilities remember if
18:39
you put in the time and effort to
18:41
prepare you can do anything try trust in
18:45
yourself I I truly believe that
18:47
seriously the world is your oyster if
18:50
you put your mind to something you can
18:51
do anything anything is possible and
18:54
that is no different with the real
18:55
estate exam now obviously you can do
18:57
things to boost your confidence and your
19:00
odds of success and that's where we come
19:02
in you know I encourage you if you've
19:04
stuck through this entire video to check
19:06
out that free exam I was talking about
19:07
earlier that's a great way to start but
19:09
yeah that's gonna be it for me stay
19:11
confident I hopefully uh hopefully you
19:13
guys enjoyed uh speaking of confidence
19:15
I'm all over the place at this outro
19:17
anyways guys thank you guys so much for
19:19
watching uh for more click here and then
19:22
click here to subscribe thank you guys
19:23
until next time see ya bye
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