In North Carolina, if you have a license from another state, you do not have to go to real estate school for 75 hours. You can just pass a forty question North Carolina specific test and get your North Carolina real estate license. This sounds easy and simple. It is easy and simple if you PASS the forty question exam. The bad news is that 78% of the out of state licensees that go take the North Carolina only exam, fail it. The pass rate last year was 22%. Here is a 100 question test to see if you are ready. My test costs ten dollars. If you want to try the real deal from the North Carolina Real Estate Commission, it will cost you $164 if you fail. This one is a lot cheaper.
One of the problems that out of state people have is they think the way things are in my state is the way they are in North Carolina. This is so not so. Let me give you an example. Using the knowledge that you already have about real estate from your state, answer this question:
The person that borrows money and uses real estate as collateral signs a recordable document. The borrower is called the...
Yes the correct answer is there. The correct answer is grantor. In North Carolina, we don't use mortgages. We use deeds of trust. The borrower is the grantor. The bank is the beneficiary. There is a third party known as the trustee.
Take my 100 question test. If you are from out of state or if you have already passed the national portion of the North Carolina real estate exam, this test will teach you something. The difference between my test and most other practice tests is when you are finished and ready to grade yourself, I give you the answers in a hour long video with an explanation of why the answer is what it is. Improve your odds of passing the North Carolina exam. Take my practice test first.
Ron has bee teaching people to pass the real estate exam for thirty years. He explains things so you understand it and remember it long enought to pass the North Carolina real estate exam.
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