PSI Real Estate Exam: Colorado Prep Guide

[@bestrealestatecareer]

💬 Want to join the next live session? Experience the power of interactive learning! Listen to Charles's live 1-hour session and stay for an open Q&A where you can ask anything about the exam. Click here to get on the list: lp.constantcontactpages.com/sl/4zNBmi6/BestRealEstateCareer

[@jaysonewert8157]

Just Passed both the national and Colorado exam today on my first try! I probably watched every single video you have made. thanks!

[@bestrealestatecareer]

Awesome to hear Jayson! What's next on your real estate journey?

[@mahamohammed3272]

I took mine last week and failed on both. Would you mind give me a good advice here for my next try????? I feel so bad :( It was so hard actually

[@jaysonewert8157]

@@mahamohammed3272go through as many test questions as you can, and play the KZbin videos while you’re eating or relaxing.

[@5280-jando]

Taking the test for my third time tomorrow. Hit a 71% on both the National and state on my last run. Thank you for the videos

[@bestrealestatecareer]

You are welcome, you got this! Keep pushing!

[@jorgechavarria5735]

Wanted to come back and say I passed both exams!! love your videos they were very helpful thank you 🙏🏻

[@bestrealestatecareer]

Great job, Jorge! I’m glad they helped! What’s next in the real estate journey?

[@marioziniga9892]

Wanted to come back and thank you for your videos. I passed both tests and your videos were very helpful, also the way you explain things made it a lot easier to understand Thank you!!

[@bestrealestatecareer]

Awesome to hear! Thank you for the feedback & congrats on passing your exam!

[@MajorChisholm]

Thanks for this content again. I am about to take my State Brokerage exam again for the umpteenth time. I usually am about 5-6 points away from passing. UGH. I am rested. I have studied. I will have time to read each question two or three times. It is the EXCEPT and NOT questions that trip me up. Contracts and forms and misc. according to the feedback is what I am weak on. Wish me well. I am ready to start my real estate career.

[@MajorChisholm]

I failed with the best score yet. I am four points away from passing. YAY. Scheduled a retake for the first of March. I will keep you all posted. Ugh. The 100th time is a charm right?

[@bestrealestatecareer]

You got this Major! 4 points you are so close! The double negative questions on the State Exam are something else. Keep hitting the contracts & agency for your review!

[@MajorChisholm]

Thanks so much. Already Rescheduled for the first of March. @@bestrealestatecareer

[@realestatebykemi]

Hi, I passed the State Portion a couple of weeks ago. I watched all your videos! Thanks for great info! I also purchased PSI's exam prep. I'm a Broker in GA, but also licensed in multiple states.

[@bestrealestatecareer]

Congrats on passing the State! I'm glad to hear the info has been helpful!

[@mahamohammed3272]

I still don't understand the answer of this question at 33:31 "Colorado-approved contracts contain a clause that states the parties agreed mediate if they have a dispute. All of the following are true of the clause Except?" why it's not "C: It is not a negotiable choice" cause the question says 'all true except' and mediate it is a negotiable choice, right?

[@bestrealestatecareer]

The answer is not "C" because mediation is stipulated in the contact. Both parties agree by signing the contract to buy/sell that they will go to mediation if a dispute arrises. If they do not agree to terms in mediation they have the right to go to arbitration or litigation.

[@sharonkayy]

I just passed my national your videos really helped me ! Im now trying to pass my Colorado state ! I did see a question on the state I have not see in any course/video before I don’t know if you can help

[@bestrealestatecareer]

I am just seeing this now! If I can help please let me know! Great job on passing national!

[@hollyevans6646]

I have a question.. on the test there was a question that had directions like East and west and so many feet I believe what name of measurement is that ?

[@bestrealestatecareer]

Metes and Bounds - this is a legal description for a parcel of land

[@edthom0834]

I used Colorado Real Estate School and the questions from this video look a lot more like what I saw on the actual state portion. Is there an app that you recommend that has similar questions?

[@bestrealestatecareer]

Hey Ed, I'm the co-owner of Denver Real Estate School. I have just taken the test enough times & this point that I understand what you will be facing. How is the schooling going?

[@edthom0834]

@@bestrealestatecareer Thanks. I'm just waiting to take the state test again! I passed the national portion.

[@bestrealestatecareer]

@@edthom0834 Awesome to hear about the National! Feeling good about the state side>?

[@davone_ward]

hey thank you so much for all the material! are you posting any more state specific material soon? trying to pass my reciprocity exam lol

[@bestrealestatecareer]

You are welcome Davone. It’s not currently on the agenda & I’ll see what I can do! Have you taken the test yet?

[@davone_ward]

@@bestrealestatecareer I have. missed it by 3 questions, 15 out of 23 contracts questions correct!

[@davone_ward]

@@bestrealestatecareer just passed today! Thanks for all the info!

[@bestrealestatecareer]

Congrats@@davone_ward ! Where has the journey taken you since passing?

[@RaquelHustlesHomes]

I passed!!! Thank you!!!

[@bestrealestatecareer]

Congrats, you are welcome! What's next in the Real Estate Journey?

[@rileymcmillan5079]

Everything I am seeing says you need 60/80 to pass national and 54/73 to pass state, however I have gotten a 75% on the national test twice this month and I failed. Did the passing score just recently change?

[@bestrealestatecareer]

Hey, great question! For 2024 the passing score on National is 60/80 & State is 53/74. Here is the link from PSI candidate.psiexams.com/bulletin/display_bulletin.jsp?ro=yes&actionname=83&bulletinid=163&bulletinurl=.pdf

[@ashb20081]

Great info. I'm licensed in California but moved to Colorado. I was told I only have to take the Colorado state exam. What do you suggest? Thanks.

[@bestrealestatecareer]

Welcome to Colorado! I would stick with Colorado Forms & Contracts. Colorado does NOT have Dual Agency.

[@Crystalsellscolorado]

I didn't realize that there are Broker Agency's that only represent buyers?

[@bestrealestatecareer]

Yes! Buyers agency is real. I think this is a big misunderstanding in the New Build world as well. That sales rep is not on your side. They work for the builder!

[@sleepwell7718]

unlicensed assistants can complete CMAs as per the updated rules www.dre.ca.gov/files/pdf/faqs/guide_unlic_asst.pdf

[@bestrealestatecareer]

Thanks for the comment! This link you sent was for California, not Colorado.In Colorado a UA can create a CMA on behalf of the broker, if the analyses are approved and submitted by the broker to the client with a disclosure that the market analyses were prepared by the unlicensed assistant.. Crush your exam!

[@hollyevans6646]

Is this for the state test in colorado? I need help with the colorado state exam

[@bestrealestatecareer]

@@hollyevans6646 , yes I am an agent in Colorado & a real estate school instructor. Any of the content that you see on this page will absolutely help for the Colorado exam!

[@hollyevans6646]

@@bestrealestatecareer awesome thanks I’m over wasting my money on taking the test. I missed it by 1.3 points lol 😂 I take it Tuesday

[@bestrealestatecareer]

@@hollyevans6646 Sorry to hear that! What is the hurdle Colorado or National?