OREA’s first course—it’s all about getting started in the business, how brokerages operate, what important listing and selling rules apply, what drives the marketplace, and how real estate values are estimated. You’ll calculate commission splits, mortgage payments, area measurements, debt service ratios and closing adjustments. For Passit Guide details for this course visit Passit for Real Estate as a Professional Career.
Eliminate confusion about these online marketing techniques when studying for the OREA exam. Many students stumble over a Passit MCQ about push/pull technology (Real Estate as a Professional Career). It’s a straightforward concept discussed in the course text, but it seems to cause some problems. Here’s two summary points to help with your studies: An […]
60% of Passit users (for Real Estate as a Professional Career) incorrectly answer a Consumer Protection Act question on their first attempt. A probable cause is its complexity when it comes to real estate. Here’s four key points to remember: 1. The Act DOES APPLY (for real estate purposes) to service-related agreements; e.g., buyer and seller representation agreements. […]
It goes without saying that every mark on an OREA examination is important. Seventy-three or seventy-four marks is so close, and yet so far away. It’s one thing to miss marks because you forgot or didn’t know; but quite another if you hastily answered without reading answer options c-a-r-e-f-u-l-l-y. As an example, one Passit MCQ […]
The typical Real Estate as a Professional Career exam includes at least one question on closing adjustments. The number of days in a month may be needed to calculate the correct answer. Here’s a well-known rhyme to help remember the days in each month (not provided in the OREA exam): Thirty days hath September,April, June, and November;All […]
Frustrated by number crunching? Students currently studying for the Real Estate as a Professional Career exam will discover a helpful new Math Primer included in their Passit Guide. We created the Math Primer to assist students struggling with math fundamentals such as fractions, decimals and percentages. This new segment includes an explanatory document and 50 extra practice MCQs. While these questions […]
