19 Real Estate Vocabulary Words on the Exam (Real Estate Practice)
The real estate exam will have vocabulary words from the Real Estate Practices section. So, here are 10 vocabulary words you should learn to help you pass the exam on your first attempt.
✅ 🎓💯Make studying for the real estate exam EASY: bit.ly/46L59T9
Chapters:
00:00 - Real estate practice on the exam
00:14 - What is the MLS?
01:45 - What is CAR?
03:05 - What is NAR?
04:10 - What is the Civil Rights Act of 1968 (Fair Housing Act)
04:37 - What are Fiduciary Duties?
06:01 - What is a Listing Agent?
06:29 - What is a Buyer's Agent?
06:57 - What is a Selling Agent?
08:10 - What does FSBO mean?
09:57 - What is an SOI?
11:16 - What does pre-qualified mean?
12:10 - What does pre-approved mean?
13:30 - What is a Residential Purchase Agreement?
14:05 - What is a Residential Listing Agreement?
14:36 - What is Exclusive Authorization and Right to Sell?
15:38 - What is Exclusive Agency?
17:00 - What is an Open Listing?
17:57 - What is Earnest Money Deposit?
21:23 - Quick and easy way to pass the real estate exam.
#realestatevocabulary #realestateexam #realestateexamprep
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Пікірлер: 73
You truly have a way of explaining real estate
@USRealtyTraining
Жыл бұрын
Thanks, Lisa! Glad I could help out.
I love how you make your videos very interesting, and fun. You make it sooo easy for people to understand. Thank you 😊 💓 ☺️.
@USRealtyTraining
Жыл бұрын
Glad you enjoyed the video! Thanks for watching, Natalie!
@queengambit9158
Жыл бұрын
I agree! Absolutely more interesting which makes me not forget. ❤
I’m getting ready to test next week. I like this guy,, not only for the Van Halen t-shirt,, but he is knowledgeable, cool, calm and collect. I subscribed even though I’ll be in West Virginia. Rock on guys and let’s sell some dreams 🤘🏼👍🏻🙏
@USRealtyTraining
Жыл бұрын
Ha! Thanks for the kind words, Andrew. Van Halen is probably my favorite band. Best of luck to you on the state exam and thank you for watching. The team and I are wishing you the best of luck!
WOW, best teacher i have ever come across!
@USRealtyTraining
4 ай бұрын
That's very kind of you to say! Is your testing date coming up?
Thinking bout making a vocabulary test to test myself and hard print these in my brain!! Great video!!!
@USRealtyTraining
Жыл бұрын
You should! Making flashcards is a great way to test yourself on this stuff. I don't know if you're interested at all but our state exam prep package comes with digital flashcards of all the vocab you'd expect to see on the exam and it also has practice exams to drill you on the types of questions you'll see too. No pressure but if you're interested here's the link to get it: www.carealtytraining.com/licensing/exam-prep-crash-course#online-only Best of luck studying. YOU GOT THIS!
Thank you from GA.
@USRealtyTraining
8 ай бұрын
Thank you for watching!
Thank you so much Rico for your all videos and online classes, very informative🙏🙏
@USRealtyTraining
Жыл бұрын
So glad the videos and classes are helping! If you have a second, could you review us on Google? Doing so helps grow the school so more people can check out our program. Here's the link: g.page/r/CQtlVDmyH3jQEBA/review
@benmiraz
Жыл бұрын
For sure, thanks Rico
Thank you Mr. Rico, I love how clear you explain things!
Thank you for the real estate examples. So helpful!💗
working on getting my license in california now and I was wondering if you offer mentorship at all. really need someone well educated in the field to work under and after watching many of your videos I feel like you’re a great fit!
Mr. Rico, thank you, you’re the best.
@USRealtyTraining
5 ай бұрын
Thanks for watching! Glad this video was helpful. When's your test date?
@diannacotwright4892
5 ай бұрын
@@USRealtyTraining, My test date is February 9th, 8:30am., California. I was wondering if you would please let me know how I could sign up for the crash course, or if you have any suggestions? Thank you.
@USRealtyTraining
5 ай бұрын
@@diannacotwright4892 That's soon! We have a few crash courses that I think you would really like. We have a webinar crash course on Jan 27 & 28, an in-person crash course (in Torrance, CA.) Feb 3rd & 4th, and a webinar crash course on the Feb 3rd & 4th. I would recommend the webinar on Feb 3rd & 4th if you're not close to Torrance. It's great taking the course the weekend prior so it's all great timing! Here's a link to the page to sign up: www.carealtytraining.com/licensing/exam-prep-crash-course Hope this helps. You got this!!
@USRealtyTraining
4 ай бұрын
Hope the exam went well and you passed!@@diannacotwright4892
I just subscribed! Thank you for helping. I’m going to pass my real estate exam this time!!
@USRealtyTraining
Жыл бұрын
You got this, Jordan! Let us know how it goes. We believe in you!
Very good , very simple --on money presentation ! Thanks !
@USRealtyTraining
7 ай бұрын
Glad it was helpful! Thanks for watching!
Getting Italian vibes. Good energy and clarity, thanks for the uploads.
@USRealtyTraining
Жыл бұрын
badda bing badda boom. Glad you liked it and thanks for watching. Hope you checked out the other videos!
You have the best explanation videos 😭😭😀😀
@USRealtyTraining
Жыл бұрын
Wow! I appreciate the kind words. Glad you found the channel and thanks for watching.
I am so thankful that i found your channel!!!
@USRealtyTraining
10 ай бұрын
I'm glad too! Be sure to check out our other exam prep videos and share this channel with a friend!
Hello Rico. You are the best 👍👍👍 Please make one video about RPA FORMS STEP BY STEP. THANKS 🙏
@USRealtyTraining
Жыл бұрын
That's a good idea! Thanks for suggesting it. Glad you liked the video and thank you for watching!
Thanx for the acronyms❤
@USRealtyTraining
Жыл бұрын
You got it, SelfMotivated! Best of luck on the exam.
I absolutely love your style an content. I wish I knew about your channel last year. Thanks so much for the content!
@USRealtyTraining
10 ай бұрын
Glad you like the content and happy you found the channel!
Another superb video, keep it up 👍
@USRealtyTraining
Жыл бұрын
Thank you 👍 Glad you enjoyed the video. Be sure to share it with a friend or colleague because that's the best way we can grow the channel!
Love your videos Rico 💯
@USRealtyTraining
Жыл бұрын
Glad you like them. Thanks for watching, ROEY!
Solid knowledge and game man ! 👌👌🙏🏻👍🏻💡💡💯
@USRealtyTraining
3 ай бұрын
Appreciate it! Thanks for watching. When's your exam?
Nice videos, thank you. Please keep the written description blurb up the entire time you are discussing the description, that would help
@USRealtyTraining
Жыл бұрын
Thanks for the feedback and watching the video!
Trying to purchase a home and I have learned a lot in this video in the past 21:00 minutes. GREAT VIDEO very informative! 👍❣️
Such a great teacher! Does your videos apply for real estate in PA too? That’s where I’m at and not sure if the information is just for California
@USRealtyTraining
Жыл бұрын
Yes it does!
Open listings- realtor has to prove preocuring cause of the sale?
Rico you are amazing ?
@USRealtyTraining
5 ай бұрын
Me? You are! When's your test date?
So what happens to the earnest money deposit if the buyer breaches the contract?
🔥🔥🔥
@USRealtyTraining
11 ай бұрын
Thanks for watching!
Hi! How do you think is it a good time to become a real estate agent or no?
@USRealtyTraining
Жыл бұрын
Hi, Gevorg. This is good question and I think I want to do a video on it in the future. But, to give you a quick answer: real estate is always going to be relevant. People will always be buying or selling property. The market may shift between buyers and sellers driving it, so you will have to know how to be flexible and meet the needs of people who need it. It's always a good time to become a real estate agent.
Get even *MORE real estate exam vocab words* with our National state exam prep: bit.ly/46L59T9 🤓📝💯
can i watch these videos even though i live in Missouri?
@USRealtyTraining
9 ай бұрын
Yup! Be sure to check out our state-specific practice exam videos too. Although there are state-specific questions in those videos, there are a lot of national based questions that you will see where ever you take the exam. We also have an affordable exam prep package that comes with practice exams, vocabulary flashcards, and an ebook study guide. Here's the link if you're curious: www.restateexamprep.com/
Is MLS still relevant in California 2024?
@USRealtyTraining
2 ай бұрын
Absolutely.
@butchzamora
2 ай бұрын
@@USRealtyTraining Thank you. Will have my Ca DRE exam May 16, 2024. I'm reviewing your video.
Not real estate related, what's your favorite van halen song? Lol
@USRealtyTraining
Жыл бұрын
Hey Miguel, I have several VH songs that I enjoy, but my top 4 are Panama, Ain't talking 'bout Love, Runnin' with the Devil, and DAnce the Night Away.
the website is horrible to use I just want to buy CA practice test and videos the price was $284
@USRealtyTraining
11 ай бұрын
Sorry to hear you don't like our website. We also are not selling our exam prep and videos for $284, the total comes out to be $150 in total. Here is the link to the purchase page: realestatelms.com/enrollnow/product/online-state-exam-prep/14?_gl=1*1u8i1rb*_gcl_au*MTAzOTkyMjgwMy4xNjg2Njc5OTM3&_ga=2.241166535.510039447.1688574764-1748720755.1686679938 Also, if you ever have issues, you can purchase over the phone at: 888-317-8740
Cursing is not professional. It's a turn off!
@Jenz8627
4 ай бұрын
When did he curse?
@Jenz8627
4 ай бұрын
What are you talking about?
@Mini-pretzels
4 ай бұрын
@@Jenz8627timestamp 4:03-8:13-8:38 numbers may not be exact. Plus when I made this comment (which was directed to the content maker ) I had already watched a few of his other videos same thing.