Question: What percent of people pass the real estate test the first time?

Which state has the hardest real estate exam?

Colorado is regarded as the hardest state since agents need to cover 160 hours of education, pass two tests, pass a background check, and be fingerprinted. In contrast, most other states require less than 100 education hours, with the majority falling with the 40-hour requirement.

What percentage of people pass the Texas real estate exam on the first try?

Well, given that on average 62% of agents (26,750 passed / 43,196 taken) pass the licensing exam on the first try, as of March 14, 2022 it’s safe to say it’s not an easy test. Aceable, however, currently holds one of the highest pass rates in Texas.

How many people pass the Texas real estate exam the first time?

Texas Real Estate Exam Pass Rate

Aceable’s real estate salesperson exam pass rate in Texas is 77% (6,923 passes/8,960 taken as of 03/14/2022).

THIS IS EXCITING:  Question: What are the types of real estate investment funds?

Is real estate School 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.

What states do real estate agents make the most money?

10 States Where Real Estate Agents Earn The Most Money

Rank State 2017 Mean Annual Wage
1 New York $102,310
2 Texas $72,480
3 Hawaii $72,470
4 Alaska $71,030

Is it hard to pass the Texas real estate exam?

The exam can be challenging, but it isn’t something students should be intimated by! We created a Texas real estate exam prep course to help students pass their first time! The average pass rate for all real estate education providers is 86.14% for the National portion and 62.8% for the Texas portion.

How much does a realtor make a year in Texas?

The National Association of REALTORs found the median gross income of Realtors was $43,330 in 2020. Meanwhile, according to Indeed, a median real estate salary in Texas falls around $93,000 per year and can go as high as over $100k.

Which real estate school has highest pass rate?

The Top 5 Best Real Estate Schools Online

  • AceableAgent – 78.04% Student Pass Rate.
  • The CE Shop – 72.11% Pass Rate.
  • Brightwood Real Estate Education By Kaplan – 75.33% Pass Rate.
  • Real Estate Express – 61.56% Pass Rate.
  • Mbition – 64.04% Pass Rate.

How many times can you take the real estate exam in Texas?

The Texas Real Estate Commission only allows up to 2 attempts at each final exam. If you do not pass the course final exam on the second attempt, you must retake the entire 30-hour course before being able to retake the final exam.

THIS IS EXCITING:  Can Hong Kong citizen buy property in Shanghai?

How many questions can you miss on the Texas real estate exam?

In order to pass the national portion of the exam, you must answer 56 out of the 80 questions correctly (85 questions minus the 5 preset items). In order to pass the state law portion of the exam, you must answer 21 out of the 30 questions correctly (40 questions minus the 10 preset items).

Which online real estate school has the highest pass rate?

The best part about studying with The CE Shop is their high pass rate. They have one of the highest pass rates among online real estate schools across the US. This means that their courses have been proven to help students pass the exam, which shows in their reviews.

Why do most realtors fail?

Most real estate agents fail in their first year, according to research. Three common mistakes that agents make is inadequate prospecting, failing to market properties in ways that lead to fast sales, and not following up with clients.

How long is Realtor school?

On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.