REAL ESTATE EXAM SHOULD HAVE

By
Real Estate Broker/Owner with people first...then business Ran Right Realty 636943 licensed to thrill

I have never really believed the Real Estate exam they administer in California to be effective or on target with how a newly practicing Real Estate agent should proceed. In fact, just because there are a certain set of do's and don't doesn't mean or guarantee a licensed result whatever that is. Just what is licensing and what is it supposed to do or not do?

SIMILAR TO A DEGREE

Its not the degree one walks away from when leaving college but how it is activated and wielded on the job. How can any degree prepare anyone for what is to come? All it can do is get a person started in learning about the practical application only found in the trenches, on the job & in the field of experience

THE QUESTIONS ON THE REAL ESTATE EXAM

Let me first start out by saying that the prep courses for the exam are no different than the exam itself in rubber meets the road practicing of Real Estate. Prep courses prepare you to take and pass the exam. The exam itself sets you up to be able to receive a license but based on what? Hypothetical? What if's?

THE CORE PREP

Essentially you are going to memorize data and hopefully be able to retrieve it if and when it is needed. It is all data-based and where it actually introduces the subject matter you would think common sense does the rest. Not so on the exam. I tried using common sense to answer questions and got them wrong

TO THIS DAY...

I don't recall too many meaningful and purposeful data that was used to test me and help me get licensed being used or applied as I went about learning how Real Estate actually works. Real Estate itself is fairly simple. After all, the land just sits there with a house on top. But here is what is needed

HIGH STAKES

Who lives in a property and how did they get there? How does the next fellow get in and the current guy get out? Ask yourself this: What would you want to know before handing someone hundreds of thousand's of dollars? What standard should the one getting the money be held to? That's where the real need to know begins and I believe more time should be spent on those exams questions

NO DO-OVERS

Ever see these guys climb up the side of a mountain without a harness but just a bare hand-hold? One slip and its over. Real Estate is also high-risk when it comes to losing money, making money, getting sued or making a smart purchase. That's why diligence is so important. Upfront relevant work 

AN EXAM THAT COVERS ETHICS?

Can we really regulate character? How about honesty? All we can do is define the rules of engagement and hope everyone adheres or rises to the occasion. Unfortunately they don't! You may ask: Richie how can you say that? Well it is right there if one pauses to look at it. Lets look at it then.....

CIVIL LITIGATION

Real Estate is a familiar subject in the courts just because of its high risk and expensive nature. Furthermore, the Department of Real Estate runs a back-log for complaints and violations enforcement. Want more? Local Realtor offices have professional standards and grievance committees for complaints against agents. Lastly, speak to anyone who has Real Estated and they have a story to tell

REAL ESTATE A VAST SEA

Real Estate is broken down into so many categories too numerous to list. However, they all come under investing, buying and selling. You can also build on it, loan on it, lien it, flip it, hold it, develop it, appraise, borrow against, insure, remodel, rent it and squat on it. Litigation lurks everywhere too

HOW TO HANDLE REAL ESTATE

No matter what you do with it, it is done step by step & for good reasons too. For one thing, it is easier to clear a step than a jump. For another, moving forward in a responsible way helps all involved. Many other trades join in too. Title insurance, escrow, termite, inspectors, contractors, repairman & the like

THE WILD CARD... PEOPLE!

Everyone thinks they know Real Estate but it is only intimate to those who live with it, practice it and handle it often whatever which way. One thing doesn't change however and that is the people. There is no one formula to fit every person so here is where I believe the exam should prep agents more....

HUMAN NATURE

You are going to be dealing with the nature of humans, a vast bottomless pit of experiences filled with surprises, pleasures & pains but regardless it is necessary to be able to navigate through it all to a finish. Learning how to deal with all the personalities & behaviors while transacting is a must know 

THE EXAM

It should be written by seasoned experience in the field agents in the different categories in simple-ease language and be discussed, role-rehearsed and assessed for its value in the subject matter one is getting licensed for. The rest of the learning curve, the post licensing issues will always do its part. 

Comments (8)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Oct 03, 2020 02:18 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Richie Alan Naggar - I think of this as I head off to teach my HR Certification prep course today.  What matter is not the certification for the application of the knowledge.

Oct 03, 2020 04:00 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Richie... I've always said that the only thing real estate school does is hopefully teach you to stay our of real estate jail. It teaches you little to nothing about how to be a good real estate broker.

Oct 03, 2020 05:18 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Always a pleasure to have you stop in Richard Weeks 

Hello Grant Schneider ...I trust all will go well with you Grant

Nina Hollander ...your decent comment stands thank you Nina

Oct 03, 2020 05:47 AM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Richie Alan Naggar improving the standards for qualifying for the test plus improving the magnitude of the exam is the first step to eliminate more debris.... we have plenty already.

Oct 03, 2020 06:01 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Barbara Todaro ...ladies & gentleman who remains a role model for the many

Oct 03, 2020 06:09 AM
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Richie, It's the same here in Ohio.  The courses and the exam are just the legal bar to get a license, but IMO have very little to do with the practical aspects of being a successful agent that takes care of clients.  No wonder the attrition rate in this business is so high.  Bill

Oct 03, 2020 08:45 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Your decent comment stands Liz and Bill Spear 

Oct 03, 2020 09:31 AM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?