Moret Real Estate | Homepage (2024)

FAQs

What is the most asked question to real estate agent? ›

Three common mistakes that agents make are inadequate prospecting, failing to market properties in ways that lead to timely sales, and not following up with clients to maintain relationships. Real estate agents must be motivated because generating leads and properly marketing listings takes creativity and hard work.

To pass the examination, you must correctly answer at least: 70% of the questions (Salespersons), or. 75% of the questions (Brokers)

With the right mindset and willingness to put in hard work, you can survive and thrive as a real estate agent. So why do so many agents fail? There are several common reasons: lack of preparation, poor time management, lack of focus, and lack of networking.

Money, or lack of it, is another main reason why real estate agents fail. Agents often make the mistake of hearing how much commission other agents make and think they're raking it in. But they don't consider their expenses, such as brokerage or team splits, taxes, education, marketing, and lead generation expenses.

1) Fear of rejection.

This is often the first thing to come to mind when realtors are asked to share their biggest fear, especially for those agents who are new to the industry. It's a scary thing to put yourself out there—to go door-knocking or cold-calling.

What is the biggest problem in real estate? ›

How to Prepare for Math on the Real Estate Exam. While details vary by state, you can generally expect to encounter between 150 and 200 multiple choice questions on the real estate exam. Of those, roughly 10-15% involve math, which translates to between 15 and 30 questions per exam.

In California, salespersons and brokers can retake the real estate licensing exam as often as they want until they pass or give up. The state does not limit the number of attempts, allowing candidates to continue striving for success until they pass.

The difficulty of the real estate exam varies by state, but the California real estate exam is known to be one of the most difficult. In fact, the pass rate for the California real estate exam in the last two years was under 50%, which means it's incredibly competitive and difficult to pass.

So when it comes to how to deal with estate agents when buying, while you'll want to make sure you're polite and pleasant, treat it as a game of poker and play your cards close to your chest. Never let the estate agent know your bottom line (if you're selling) or your maximum budget (if you're buying).

What are the most important skills for real estate agents? It's not only about having industry knowledge and being able to sell—you need to understand people, build relationships, and empathize with your clients. Both hard and soft skills are important in real estate sales.

The folks at HR Profiling Solutions have described what they consider to be the best DISC personality type blend for a real estate agent this way: D - Moderately Dominant, decisive and persistent without being pushy. I - Highly Influential, people oriented, enthusiastic, sociable and optimistic.