How to study for the real estate exam: top tips & tricks

The real estate exam is a milestone in your way to becoming a licensed real estate professional. The process may seem hard at first. However, using the right study strategies can make it easier and more fun.

If you want to pass the real estate exam on your first try, this guide can help. It also offers tips for creating a good study routine.

Let’s dive into proven techniques on how to study for the real estate exam. We are here to help you ace the exam and begin your real estate career with confidence.

Create a study schedule

Establishing a clear and consistent study schedule is not just a suggestion, it’s a crucial step when preparing for the real estate exam. With a lot of material to cover, a good schedule helps you avoid feeling overwhelmed. It lets you focus on one task at a time.

1. Break it down
   Divide your material into smaller sections, such as real estate laws, contracts, and property management. Cover one topic at a time instead of tackling everything at once.
2. Set daily goals
   Assign specific topics to each day of the week. For instance, Monday can focus on property valuation, Tuesday on real estate math, and so on. This structure keeps you on track.
3. Use study blocks
   Adopt the Pomodoro Technique, where you study in 25-minute intervals with a 5-minute break in between. This approach improves focus and prevents burnout.
4. Stay consistent
   Pick a time of day that works best for you. If you are a morning person or an evening person, have a routine that will assist your mind to concentrate when it is time to study.

Master real estate vocabulary

Mastering real estate terminology is not just a task, it’s a key to success. Understanding key terms and concepts is not just helpful, it’s essential for success as it forms a large portion of the exam.

1. Flashcards
   Create flashcards with essential terms and definitions. Review them daily to strengthen your recall. Digital apps like Quizlet can also make studying convenient.
2. Real-world applications
   Connect each term with real-life examples. For instance, think of how “easement” applies to shared driveways or how “fee simple ownership” represents full property ownership rights.
3. Daily review
   Spend 10-15 minutes each day reviewing your vocabulary. Repetition helps reinforce these terms in your memory.
4. Use acronyms to remember
   Acronyms are a lifesaver when it comes to remembering important concepts for the real estate exam.

Take practice exams

Practice exams are very useful for getting ready for a test. They mimic the actual test setting and show where you need to get better.

1. Simulate real conditions
   Attempt mock tests in a distraction-free area with no distractions. Set timers to mimic actual exam conditions.
2. Review mistakes
   Work through every mistaken answer, understanding the reason for that mistake. This ensures one does not make the exact mistakes over and over.
3. Track progress
   Take regularly scheduled practice exams to gauge improvements. Work to achieve consistently high scores above the cutoff score.
4. Familiarize yourself with the format
   Knowing the multiple-choice format takes the anxiety out of the exam and gives you a psychological advantage going into the test with added confidence.

Focus on real estate math

Real estate math often intimidates test-takers, but it doesn’t have to. With practice and an understanding of key formulas, you can master this section.

1. Learn the basics
   Focus on calculations like commission splits, property taxes, loan interest rates, and proration. These are common topics on the exam.
2. Practice regularly
   Solve math problems daily to build confidence. The more you practice, the easier the formulas will become.
3. Use study guides
   Most exam prep courses and books provide step-by-step explanations of real estate math problems. Leverage these resources to clarify challenging concepts.

Leverage exam prep courses

Investing in a high-quality exam prep course can be a game-changer. These courses provide structured materials and tools tailored to the real estate exam. While we may be a bit partial, but our Real Estate Exam Prep stands out as one of the best tools to help you ace the exam. 

1. Comprehensive coverage
   Prep courses cover all topics required by your state’s licensing board, ensuring you don’t miss anything important.
2. Interactive learning
   Look for courses with quizzes, flashcards, and video tutorials to make studying engaging.
3. State-specific prep
   Ensure the course aligns with your state’s licensing requirements, as real estate laws vary by state.

Real estate exam prep courses like Lexawise’s focus on one thing: helping you pass the exam. If you’ve completed your pre-licensing education, you probably feel overwhelmed by the sheer amount of material. Take the stress out of studying with Lexawise, and approach your real estate exam feeling confident and ready.

Join a study group

Studying with peers can boost motivation and help you grasp complex concepts.

1. Accountability
   Study groups encourage you to stick to your schedule and avoid procrastination.
2. Collaborative learning
   Group discussions allow members to share insights and clarify complex topics.
3. Mock exams
   Organize group quizzes to test each other and identify weak areas.

Plan for exam day

How you plan for the exam day can play a significant role in influencing how well you perform. Below are some steps to ensure a hitch-free experience:

1. Get a good night’s sleep
   A well-rested mind is sharper and more focused. Avoid late-night cramming and prioritize a full night’s sleep.
2. Arrive early
   Familiarize yourself with the exam location ahead of time. Arriving early helps you settle in and reduces stress.
3. Have a nice breakfast
   Never take an exam on an empty stomach. A good breakfast provides energy and enables you to concentrate. Whether you cook at home or grab something on the go, make sure to eat. For a list of brain-boosting foods, check out this performance-enhancing food guide.
4. Bring the essentials
   Carry your ID, exam registration, and any approved tools, like a non-programmable calculator. Double-check the exam requirements beforehand.

Additional tips

These extra tips will help you stay focused, manage your time, and approach the exam with confidence. Use these strategies to maximize your performance and get one step closer to passing your real estate exam.

1. Start easy
   Answer questions you’re confident about first. This strategy saves time and builds momentum.
2. Mark and review
   If a question stumps you, skip it and come back later. Mark it so you don’t forget.
3. Trust your instincts
   Your first answer is often correct. Avoid overthinking unless you’re sure of an error.
4. Eliminate wrong answers
   Narrow down options by crossing out incorrect answers. This improves your chances of selecting the right one.
5. Stay positive
   Confidence goes a long way. Believe in your preparation and tackle the exam with a calm mind.
6. If all else fails – guess
   There’s no penalty for guessing on the real estate exam. When in doubt, make an educated guess. Use the elimination method to increase your odds. Remember, with four options, you have a 25% chance of guessing correctly.

FAQs

How can I pass my real estate exam without studying?

Passing without studying is unlikely. However, focusing on high-impact resources like practice exams and flashcards can reduce the amount of study time needed.

How long should you study for the real estate exam?

The amount of time you need depends on your background and study habits. On average, plan to study consistently for 2-3 months. This timeframe allows you to cover all material thoroughly and take multiple practice tests.

How do I start studying for my real estate license?

Begin by reviewing the outline provided by your state’s licensing board. Focus on one topic at a time, starting with laws and terms.

Final thoughts

Passing the real estate exam requires effort, but with the right strategies, it’s entirely achievable. To feel ready and confident for your exam, create a good study schedule. Focus on important topics. Stay focused while studying.

Remember, passing the test is just the beginning of your journey. A bright and rewarding career in real estate awaits you. You’ve got this!