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The real estate agent exam requires adequate preparation to pass it successfully.
The real estate agent exam is a necessary and fundamental step to begin practicing the profession. This exam is required to obtain a real estate agent license. If you've decided to take it, you're probably wondering how difficult it is and how much you'll have to study to pass it successfully.
To help you get the right training, we asked our Casavo experts to gather some information and advice on how to best prepare for the test.
How the real estate agent exam is conducted
The real estate agent quiz or exam initially consists of two written tests to complete and pass to obtain the license. If you pass, you move on to the oral phase, which consists of an interview focusing on the technical and legal aspects of the profession. During the comparison phase, the commission also evaluates your knowledge of the market, both in terms of the urban context and the agricultural dimension, and its fluctuations in recent years. The exam is to obtain the license of business agent in mediation.
The real estate agent exam is organized by the local divisions of the Chamber of Commerce of the province of residence and varies from region to region and from city to city. To participate, you must complete and submit a registration application and pay your administrative fee. The form and payment details are available on the websites of the various sections of the Chamber of Commerce. Submitting the application is mandatory to access the aptitude tests. The exam procedures include written and oral tests, with specific requirements to meet.
How to prepare for the real estate agent exam
If you want to know how to prepare for the real estate agent exam, the simplest answer is only one: study. To pass the tests you will need a wide-ranging preparation that includes:
- the provisions of the civil code on the professional aspects of the mediator figure;
- the administrative and tax obligations and procedures required by the role;
- the notions of civil and tax law that are needed for drafting contracts and other documents required during the mediation activity;
- the local legislation on urban planning law;
- some knowledge of family law regarding inheritances and donations of real estate;
- the marketing aspects related to promoting your business.
It is also essential to acquire the basic skills and experience of the profession through an internship.
To study, you can rely on a series of manuals easily found online, if you intend to try it on your own. If you are interested in our advice for the real estate broker exam, however, we recommend that you seek as much as possible to compare yourself with those who already have experience in the sector. Here's what you can do.
1. Take a preparatory course
For serious and structured preparation, the best choice is to enroll in a training course that will help you pass the aptitude tests. The educational offerings available to you are very broad and range from lessons organized by local divisions of the Chamber of Commerce to courses at specialized schools, up to master's degrees and initiatives by universities and business schools, available in person or online. Candidates must have a high school diploma. To best organize your study time, a good solution is to look for a microlearning.
2. Ask for information from those who have already taken the exam
If you have the opportunity to ask advice directly from those who have recently taken the tests, don't miss it. The direct experience of new agents is an invaluable source of first-hand information on the types of questions and the necessary study. You can also turn to those who have been practicing the profession for a long time, but they may be able to share with you notions that are now outdated if they obtained their license years ago.
3. Contact professional associations
Another way to gain first-hand experience from those who practice the profession is to contact your regional real estate association or the local chamber of agents. These two bodies will be able to provide you with a series of tips for the real estate broker exam. By comparing and consulting these institutions, you will gain a broad overview of the characteristics of your city's market, its recent changes, and all the developments to consider.
How to pass the real estate agent exam quiz
Now that we've seen how to prepare for the real estate agent exam, let's understand together what it takes to pass it.
The first phase consists of two multiple-choice quizzes, to be taken on the same day, with 20 questions each, with 20 minutes to complete. For each missed answer or error, 0.5 points are deducted. To pass the test, you first need to achieve an average score of 7 out of 10 in the two written tests and at least 6 out of 10 in each of them. Therefore, if you get a 10 on the first test and a 5 on the second, you will not be promoted, even if your final average is 7.5. Furthermore, non-EU citizens must have a valid residence permit.
After successfully completing the quizzes, you move on to the oral which, as we have already mentioned, consists of an interview focused on the local market, both urban and agricultural, and its recent fluctuations. The required score is 6 out of 10.
After passing the tests, you receive a certificate of suitability which establishes that you meet the necessary requirements to practice the profession. If you fail, you can reapply for the license six months after the negative result.
The real estate agent exam is difficult only if you underestimate it and don't approach it with the necessary training. Through a good preparation course and the comparison with already established professionals, you will gain all the key knowledge to pass it without problems. Once you enter the world of agents and brokers, we look forward to seeing you become a Casavo partner!
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