Why Is The Real Estate Test So Hard?

How hard is the TREC exam?

Well, given that only 57.09% of agents pass the licensing exam on the first try, it’s safe to say it’s not an easy test.

Taking the Texas real estate courses pre-licensing course with a TREC-approved real estate school, like Aceable Real Estate School, helps you prepare, but it’s just the first step..

What jobs in real estate make the most money?

7 of the best-paid jobs in the property sectorReal estate agent. Real estate agents are the people who both sell and buy property. … Property developer. Currently, the highest-paid job in the property sector is in property development, with an average salary of $114,848. … Marketing manager. … Property valuer. … Property analyst. … Investor. … Builder.

What is the best state to be a real estate agent?

New YorkBest States For A Real Estate Agent In fact, our research shows that New York is the best state for real estate agents in America. The best city in America for real estate agents with the highest pay is New York, NY. New York is the best state for jobs for real estate agents, and Kansas is the worst.

Is the real estate exam the same each time?

The National and State portion have two different scores. When I took the test, it felt like I was taking two different exams. There is a clear and distinct difference between the national portion and the state portion. For me, the national portion was a little bit easier than the state.

How do you pass an exam?

You may want to give some exams more study time than others, so find a balance that you feel comfortable with.Organize your study space. … Use flow charts and diagrams. … Practice on old exams. … Explain your answers to others. … Organize study groups with friends. … Take regular breaks. … Snack on brain food. … Plan your exam day.More items…•

Is the real estate class hard?

Real estate school is quite challenging. Many states require 90+ hours of in-classroom or online learning followed by a timed exam with 120 questions or more. Still, it’s rarely the difficulty of real estate school that causes people to fail, but mistakes during preparation.

Is Real Estate a Good Career 2020?

You truly can make as little or as much as you want depending on how much work you put in and how dedicated you are to becoming successful. This makes real estate one of the best career paths for entrepreneurs and individuals with drive, focus, and a strong work ethic.

What is the best way to start a real estate career?

Follow these steps and you’ll be well on your way.Get licensed in your state. … Choose a brokerage. … Join the National Association of Realtors. … Find a path to get training. … Create a business plan. … Build your business using your contacts. … Develop your professional image. … Be ready to meet your first client.

How do I pass the PSI real estate exam?

How to Pass the PSI Real Estate ExamUnderstand Your State’s Exam Content. … Review Course Materials. … Take a Practice Test. … Explore Available Study Resources.

Which state has the hardest real estate exam?

Colorado and Texas lead the way with the most difficult licensing requirements in the United States. I think becoming a real estate agent was the best move I ever made in my career.

What happens if you fail the Texas real estate exam 3 times?

For each failed portion of the exam (national, state, or both), you will need to take an additional 30 hours of education. Once your extra hours of education are complete, you can email your completion certificates, along with a copy of your third failed score report, to TREC at education@trec.texas.gov.

Is it worth it to be a realtor?

Being a realtor is great if you like houses and enjoy working with people, but it’s not always the dream job some imagine it to be. … Selling real estate is more work that you might imagine and, although there are some very successful real estate agents, there are many who struggle just to make ends meet.

Are Realtors in high demand?

Demand for these workers will continue, because people turn to real estate brokers and sales agents when looking for a home, such as to buy a larger home or to relocate for a job.

Can you become rich as a real estate agent?

real estate agents can be as wealthy or as poor as anyone, but what people forget is the amount of sacrifice of personal time and energy that goes into successful agents.

Does it matter which real estate school you go to?

If in-person learning is more effective for you, you will want to look specifically for real estate schools that offer in-person courses. Make sure that the school you choose offers the right class format for your learning style and schedule.

How much does a new realtor make?

According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.

Who is the richest real estate agent?

Donald Bren is the United States’ richest real estate baron.

How do I pass the real estate exam?

Top 10 Tips for Passing the Real Estate ExamDo as many practice real estate exam questions as you can. … Start by only answering questions that are extremely easy. … Look at the answers first. … Do not choose an answer you have never heard of! … Work backwards to the correct answer. … Skip questions you don’t know the answer to.More items…

Why do most realtors fail?

Most real estate agents fail in their first year, in large part because they simply don’t believe that they can succeed. This lack of belief, and the high attrition rate that they see that reinforces it, leads them to stop doing the things they need to do to be successful.

Why I quit being a real estate agent?

1. Wrong Expectations. The number one reason people quit real estate is because they expect to see immediate results. People expect a solid month of hard work to result in a good deal and a lot of money, and when it doesn’t, they are quick to decide real estate must not be for them.