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The Inside Scoop on the Ontario Real Estate Profession

Tackling Practice Questions with Pen and Paper

Second Guessing Yourself: Did I Answer it Correctly the First Time?

Should you change an answer when going back over questions in an exam? This question was studied in a now famous, often-quoted research study involved 1,561 University of Illinois students taking exams. The researchers tracked eraser marks on the answer sheets (similar to OREA’s scantron cards). Here’s the key results and the odds when changing […]

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Exam Day Stop Watch

OREA Exam Day: Clock Watchers vs Time Managers

No question, the clock is important, but don’t let it dominate exam day. There’s plenty of time if you attack things methodically. Here’s our suggestion: briefly review all pages in the exam booklet (if a paper-based exam) or click through the questions (if an electronic exam); check out any formulas, charts, resources, forms, etc; that […]

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Young Lady Studying at Computer at Night

What About 'Gut Reaction' When Answering Exam Questions?

Everyone gets that feeling. Technically, it’s called an instantaneous reaction made without thought. Here’s the scenario: You’ve stared at an exam question for five minutes and still nothing. It seems that the ‘recall’ button in permanent memory has either gone missing or its battery is running low. You’re faced with this mental battle between two […]

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Making a To-Do List for Exam Day

Packing for OREA Exam Day

Taking the paper-based exam at one of OREA’s exam centres? Pack: a pen (make sure it’s working and not a new, unused pen which may not work). You’ll need it to initial the exam contract and write the exam oath; sharpened pencil(s) to fill out the scantron answer sheet (think in terms of filling out […]

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Pencils for Making Exam Notes

OREA Exam Day: Calculations, Notes and Scribbles

When taking the paper-based OREA exam, you receive two items: The exam booklet (which has the MCQs) and the scantron sheet (where you mark your answers). The exam booklet is great for mind joggers. There’s lot of space to be creative. You can highlight key facts in questions, jot down your thought process, write reminders, […]

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Studying with Tea, Laptop and Textbook

Simulate Your Way to OREA Examination Day

Want to improve your OREA exam odds? Do what you will be doing in the examination room—answering multiple choice questions (MCQs). Beforehand, it’s all about study, study, study and practice, practice, practice! When it comes to practice, we believe in the value of simulation. Simulation is simply imitating what is expected at some future time. Sure, it’s not […]

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Man with Exam Screen

Don't Make Hasty Changes When Reviewing Your OREA Exam

Don’t make hasty changes when reviewing OREA exam answers. Go through the same thought process. Think out all the angles, just like you did when first answering the question. ​​​​​​​If you rush, you may miss key details that you carefully analyzed the first time around. If you’ve made notes on the exam booklet (or note […]

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Woman Studying for Ontario Real Estate Exam on iPad

Think 'Best' Answer

Don’t get hung up on selecting the absolutely correct answer for every multiple choice question. The fact is that absolutely correct is tough to achieve. Let’s face it, life is full of what if’s, subject to’s and maybe but’s and so is real estate. Also, problems faced in life are not conveniently arranged in four descending options, one of which is correct.However, […]

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Are You Ready for Exams?

Pros and Cons: Choosing the Longest Answer Option

There’s always lots of chat about outsmarting multiple choice testing. It’s bound to be popular given that millions of people face MCQs for admission to colleges, universities and professional societies, not to mention numerous national and international organizations and companies who rely on standardized tests for job/skills certification. Some MCQ researchers believe that the longest […]

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Office Professionals Discussing Document

Mistakes vs. Misrepresentations

Students in The Real Estate Transaction General initially face a long, somewhat complex first chapter on contract law. A problem area for some involves mistakes vs. misrepresentations. A mistake (three types) is really just an accidental error: Common: Buyer and seller both believe something is true, but it’s not. Example: I believe that I own a lot (which […]

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