Real Estate Exam
Hey guys!
I am looking to get started on preparing for my real estate exam. For those of you that did the pre-courses online, what is the best website for this preparation? I looked into the sites listed below, however I am open to suggestion. I'll be taking this for the state of Pennsylvania.
- CE Shop
- Realtors Education Institute Online
- Real Estate Express
Thanks!
What state are you taking it in?
DerivativeTrader4 Pennsylvania. My apologies. I should have stated that in the OP.
Not sure how closely it resembles the IL exam; but the IL exam was a joke. I wouldn't worry about it too much, a few hours of studying and you should be fine.
I am not sure if they offer for the PA exam. But I used Real Estate U and passed the course with a 94. I take my real estate state exam tomorrow.
ISellMoney it looks like they are approved for PA. Do you mind if I PM you a few questions?
Yeah of course.
As an acquisitions / development professional, can anyone lay out the pros and cons of obtaining a broker license?
Pros: You can lease or sell third party real estate
Cons: As a acquisitions or development guy, this is in no way what you do
Agreed to both the pros and cons. I ultimately would like to development and / or require my own properties in the near feature and view having the ability to broker my own deal as a benefit. One of the cons that I vaguely remember is that, as a licensed broker, I have to disclose this fact to all participants in a deal, which has some negative impact to myself (that I cannot recall).
Does anyone have experience with this occurring? I know my point was vague so allow me to look up the exact scenario that I'm referring to.
I did RE Express in CA and it is pretty straightforward. My recommendation would be to fly through the coursework and study for the tests or else you'll waste a ton of time. Happy to answer any questions you have as I recently went through this.
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