Congratulations! You just passed your Real Estate Exam and are ready to start your new real estate career! Now What?
First you have to pick which company you want to work for and that in turn is where your license will hang. Picking the real estate company you will work for is a whole other blog post [Which Real Estate Company Is Right For Me] I choose to work with Realty One Of New Mexico. And I think “work with” is the correct terminology versus “work for”. In Realty One I am working with Mary Ann Campbell’s Red Fox team hence the name Erik The Red Fox. Taking a spin off of Erik The Red the Norwegian Viking and the Realty One of New Mexico Red Fox team.
Unlike other teams this one isn’t as monetarily defined as some other brokerages but more of a team of motivated individuals with the same common goal. That goal is to be one of the best Realtors serving Albuquerque NM and the rest of the state of New Mexico.
The next step is to make sure you have your errors and omissions insurance, registered with GAAR (Greater Albuquerque Association of Realtors), & Flex MLS (multiple listing service) setup. From here on out you are an official “Realtor” have the insurance you need to actually have a client and the tools to accurately and quickly search the available homes listed in Albuquerque as well as the capability to list homes in Albuquerque.
Looking back now you see that everything up till now have been the easy part, sure it takes time and studying but there is a structure to follow and the path to the foothill of the mountain is shown before us. Once at the base the mountain looks far more challenging and hold many more unknowns then everything before.
Are you ready for your new real estate career?
After finishing Kaplan real estate class everyone has one thing on their mind – am I going to pass the NM Real Estate Exam. The dreaded Real Estate Exam 80 questions for the National portion, 50 for the State portion, you have to get a 75% or higher to pass, and you have to pass both or else have to pay the total $95 exam fee again and take only the portion you missed. This post will help you pass the NM Real Estate Exam.
So whats the trick to pass on your first try with confidence in passing? The QBank. More specifically taking the QBank over and over and over again until you pass with 95% consistently. If you take the schooling from Kaplan in Albuquerque New Mexico you are given the excellent quizzing tool called QBank. Its a pool of roughly 800 questions that give you a close approximation of the types of questions that will be on the Real Estate Exam.
To get the most out of the QBank do a custom quiz, set the number of questions to 200, turn on the quiz features of “show score as you go” & “show answer explanations” do these over and over learning immediately why you got the wrong answer. Sometime you will be surprised why you got an answer wrong even though you’re right there is a “more right” answer and that is what taking these quizzes teach you not only question but the answer that the Real Estate Examination wants you to learn. You can even add a link to your phone home screen to log in to the quiz and doing a few answers here and there while you have some free time.
This will help your knowledge of real estate and more importantly give you confidence in passing the real estate exam your first time round. Good luck and keep on studying!
Some Useful Links-
Kaplan’s Real Estate Website
NM Real Estate Commission Requirements and Continuing Education
New Mexico License Requirements
- Must be at least 18 years of age and a legal resident of the United States.
- Pre-licensing work can be done before the age of 18, but the age requirement for a license is 18.
- Applicants need to successfully complete 90 hours of approved classroom instruction within the three years preceding their application. 30 hours each of the following education is required:
- Real Estate Principles and Practice
- Real Estate Law
- Broker Basics
- All applicants need to pass the real estate exams.
#Real Estate #Tips #Kaplan
Welcome to my journey into real estate!