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The real estate exam is often considered difficult by many aspiring real estate agents and brokers. This is because the exam is intentionally designed to be difficult to pass, as a way to filter out those who may not have the required skills and knowledge to be successful as a real estate professional.
The first bar examination in what is now the United States was administered in oral form in the Delaware Colony in 1783. [5] From the late 18th to the late 19th centuries, bar examinations were generally oral and administered after a period of study under a lawyer or judge (a practice called "reading the law").
A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [ 6 ]
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After passing these exams, candidates must serve as an articled clerk for one year, after which they must pass the final examinations, which deal with court procedure, procedure for registering land rights in real estate, procedure for registering corporations, partnerships, and liquidations, interpretation of laws and judicial documents ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
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