Ace Your Real Estate Exam: Top 20 Terms for 100% Success!

Are you ready to pass your real estate exam with flying colors? In this video, we’ll go over the top 20 real estate terms that are essential for success on your exam! Whether you're a first-time test-taker or looking to brush up on your knowledge, this guide will help you master the vocabulary and concepts that could make all the difference.

Why you should watch this video:
▫️ Boost Your Confidence: With these 20 must-know terms under your belt, you’ll walk into the exam room with confidence.
▫️ Increase Your Score: Understanding these key concepts will help you answer questions correctly and improve your overall exam score.
▫️ Expert Guidance: Learn from Maggie, your trusted real estate instructor, who breaks down each term in a simple, easy-to-understand way.
▫️ Don’t miss out on the chance to ace your real estate exam! Grab your notebook, hit play, and let's get started!

Videos Recommended to Watch in This Video:

What You’ll Learn in This Video
00:00 - Intro
00:15 - Deed Restrictions
01:21 - Legal Test for Fixtures (MARIA)
02:19 - How to Become a REALTOR®
03:13 - Nonconforming Use
03:58 - Antitrust Regulations/Price Fixing
04:46 - Lead-Based Paint
05:42 - Zoning
06:28 - Economic/Functional Obsolescence
07:20 - Specific Performance
08:02 - Option Contracts/Unilateral Contracts
08:50 - Commingling
09:36 - Exclusive Listings
10:28 - Void/Voidable Contracts
11:43 - Blockbusting/Steering
12:24 - Liquidated Damages
13:10 - Promissory Note
13:45 - PMI (Private Mortgage Insurance)
14:24 - ARM (Adjustable-Rate Mortgage)
15:28 - Contingency
16:06 - Approaches to Value
17:36 - National Real Estate Exam Study Guide
18:26 - Outro

For more helpful tips and practice questions, subscribe to my channel @JustCallMaggie and hit the notification bell 🔔 so you never miss a video. And if you're looking for even more comprehensive exam prep, check out my e-books, “The Educated Agent” and “Math for Real Estate Success” linked below.

Resources:

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Stay focused, study hard, and remember—just call Maggie!

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[TammyLawson-vwiq]

I passed my National and State exams today on the 1st try. I studied my course and watched countless videos over and over. I found yours last week. Such a huge help! Thank you!

[mmsemptynestadventures]

Thank you so much Maggie for doing these videos. They were the best thing full of wonderful information and enabled me to pass my exam 1st try! I was even listening to them in the car on the way to my exam. I had two or three questions right off the bat that happened to just be on the video I was listening to. I can’t recommend enough for those who
haven’t yet taken their exams yet, go through Maggie’s videos. You will be glad you did.

[nae_petey_son]

I Passed 9-10-24. Thank you Maggie! Your flowers are on the way...

[michaelaboyd]

I have looked at a lot of real estate videos to help me better understand certain scenarios and problems. You are by far the best I have helpful!!

[iselagomez]

Hi Maggie just want to let you know that I passed both exams, national and Texas State exam and I'm super excited. I wanted to thank you for all your videos they really helped me out so much. Thank you!
Also, wanted to let you know that there was a problem on the exam that had to do with compound interest and appreciation in several years. Cant remember the exact wording but it said if house sold for 134, 000 5 yrs ago and it has appreciated 8% how much will it cost if it was sold in the next 5 yrs with compound interest. Something like that if you can explain a problem like this for future reference id greatly appreciate it. Thanks again Maggie!! Now to find me a sponsoring broker and get to work.

[Oscar-Castro]

Hey Maggie I love your videos, thanks for such great work!!

[sandracastillo]

Querida Maggie🎉😊 Es un enorme gusto ver un nuevo video! Eres grande porque nos ayudas a estudiar 📚 Un enorme abrazo
Thanks a lot!! God bless you.

[Scott_Buchanan]

Maggie coming in hot with some more knowledge for us 🙌 I’ll be taking the test soon, I may do a cram course this weekend

[AmandaKaylaaa]

Nooo😭 ! My test is tomorrow at 8:30am this would help😢

[lifestylewithnazo]

Maggie, do you offer any courses for new realtors coz I want to learn few basic things in the beginning, please do let me know if you do offer any