North Carolina Real Estate Exam, Write Your Own Questions
The North Carolina real estate exam is tough. The pass rate is barely over fifty per cent.
If you intend to pass the first time, you need to study. I hope you paid attention in real estate class. Many people do not. Pay attention in real estate school is good advice.
Here is another piece of good advice. If you want to pass your North Carolina real estate test the first time, take practice exams. There are practice exams in your textbook. First Real Estate School has a practice exam posted online. Click here for our practice exam.
Here is an idea that I think is better than practice exams. Write your own practice questions.
Let’s take a concept that might be on the North Carolina real estate exam. For instance, contracts. Let’s write a test question testing your knowledge to understand the difference between unilateral contracts and bilateral contracts. What is the difference? In a unilateral contract, only one party is ‘bound” to fulfill an obligation. In a bilateral contract, both parties have an obligation to fulfill.
An example of a unilateral contract is “If you buy the winning lotto ticket, the government will give you a million dollars.”. You are not bound to buy the winning lotto ticket. If you do, the government is “bound” to give you the million dollars. Only one party is bound.
In a bilateral contract, both parties are bound to perform. A perfect example is a purchase and sale agreement in real estate. The house seller is “bound” to sell. The house buyer is “bound” to buy. If either party fails to perform, there will be legal consequences.
Can we write a test question to test that the student understands this? Let’s try. Here is an example. Before you read mine, write your own.
When a contract is bilateral…..
A. only one party is bound
B. an earnest money deposit is required
C. both the vendor and the vendee are obligated
D. no consideration is required.
Does that question test your knowledge of unilateral and bilateral contracts? Yes, it does. It also tests your vocabulary by using words like vendor and vendee. It also tests your knowledge of the essential elements of a contract. All contracts require consideration. I presume that you know the correct answer is C .
If you write some questions for yourself, you will start to understand test questions better. If you are currently a student at a real estate school or if you are soon taking the North Carolina real estate exam, write five questions about one chapter in your real estate textbook. Ask your classmate to write five questions. Trade questions. Grade each others paper. You will both benefit.
Make passing the test the first time a team adventure. Study with your classmates. Trade phone numbers and emails.
Practice test questions are a great way to study for the North Carolina real estate exam. Writing your own practice test questions is a wonderful way to understand tests better.
At First Real Estate School in Hendersonville, North Carolina, we expect our students to pass the class test and the North Carolina real estate exam the first time.