Becoming a broker is not a walk in the park for some

Apr 2, 2008

Becoming a broker is not a walk in the park for some

March statistics show that sales persons taking the state broker exam only have a 44% pass success rate when taking the test for the first time.

Of course those who are unable to pass the broker exam the first time are given the opportunity to take the exam again. The funny thing is, for those who are repeat takers of the exam, the passing success rate falls to only 37%.

Maybe the lack of closings the past 2 years has resulted in sales people becoming unfamiliar with HUD statements. Being able to complete a HUD statement use to be part of the broker state exam. No practice makes for imperfect.