Question:

study real estate effectively?

Recently I took my real estate exam in NJ and I failed (67 questions out of 77 needed to pass). I'm a 20 year old college student and I have studied diligently for the exam. However, I do doubt my methods of actually reading and learning the material. As crazy as it seems; I never actually knew how to "study." Anyone have a guidelines or tips on how to study real estate effectively? And what's a decent amount of time to study per day? Thanks.

Answer:

let your progress be your guide
You are getting 4% interest on your account? That seems very unlikely. Most banks are paying less than 2% these days. 401K's are not an investment. They are a legal cover on investments. It's like saying that you invest in blue things. Inside a 401K, you can own many different types of investments.
question. Did you take the course online or in person/classroom. I'm betting you took the course online. The only purpose of the course is to help you pass the test. Online they teach you all the materials, which you have found out is NOT on the test. In classroom, teach for the test. I would use the PSI exam questions online and in the back of the book. Also check to see if any large real estate firms that offer the class room train (LONG AND FOSTER?) have a 1 day review session. Most do. The way that I studied was to answer each chapter's quiz in the back of the book. And then study only the material that I missed. I did this over and over until I could answer all the questions without failing any. I would also check with the local board of realtors in Burlington county and ask if they know of any real estate schools. Maybe coldwell bank, century 21 or other large companies have schools for the review class.

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