Real Estate Exam Prep

Real Estate Exam Prep is a daily podcast designed to help future real estate agents pass their licensing exams with clarity and confidence. Built and operated by OpenExamPrep, this podcast breaks down the real estate exam into focused, easy-to-digest episodes covering both the national portion and state-specific requirements. Each episode targets one key concept, common exam trap, or high-frequency test topic—making it ideal for studying during commutes, workouts, or short study sessions. Created by Ran Chen, EA, CFP®, a financial professional and exam specialist who has personally passed multiple professional licensing exams, Real Estate Exam Prep was developed from firsthand experience with how difficult—and often poorly taught—exam material can be. The goal is simple: make exam preparation clearer, more accessible, and more effective using structured explanations and modern learning tools. Whether you’re just starting your real estate exam journey or reviewing before test day, this podcast is designed to guide you step by step—one concept at a time. Free practice tools, AI-powered explanations, and additional exam prep resources are available at: https://open-exam-prep.com/

Real Estate Exam Prep is a business podcast hosted by Unknown Host, with 221 episodes on record and a Required Pod Score of 82. PitchCentric scores this show on Booking Probability, Listen Score, and live audience signals refreshed every 24 hours.

Unknown Host hosts Real Estate Exam Prep, a business show with 221 episodes published.

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  Real Estate Exam Prep

  Florida Real Estate Exam Prep 21, Violations Penalties and Discipline

  Aug 20, 20264 min

  This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The seven-step complaint process, from initial filing to final order and judicial review. - The difference between a notice of noncompliance for minor, first-time offenses and a citation that includes a fine. - The maximum administrative penalties FREC can impose, including a $5,000 fine per violation and a 10-year license suspension. - The critical distinction between FREC's administrative authority (fines, suspension) and remedies available only through the courts (imprisonment, restitution). - The three types of penalties a licensee may face: administrative, civil, and criminal. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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  Real Estate Exam Prep

  Florida Real Estate Exam Prep 20, Antitrust Rules for Real Estate Professionals

  Aug 19, 20261 min

  This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That price-fixing can occur through informal discussions about commission rates between competing brokers. - How to identify a group boycott as an illegal agreement among competitors to not do business with a certain company. - To recognize market allocation as an unlawful scheme where competitors divide territories or customer types. - How to define a tying arrangement as illegally forcing a consumer to purchase one product to be able to purchase another. - That all business decisions, especially regarding fees and service areas, must be made independently to avoid antitrust violations. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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  Real Estate Exam Prep

  Florida Real Estate Exam Prep 19, Listing Agreements and Net Listings

  Aug 18, 20263 min

  This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The critical differences between open, exclusive agency, and exclusive-right-of-sale listings and how commissions are awarded in each. - How the concept of 'procuring cause' is tested on the exam, particularly in relation to open listing agreements. - The purpose of a broker protection clause and how it prevents sellers from avoiding a commission payment after a listing expires. - The legal status of net listings in Florida: permissible but highly discouraged due to significant conflicts of interest. - Key requirements for Florida listing agreements, such as having a definite termination date. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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  Real Estate Exam Prep

  Florida Real Estate Exam Prep 18, Commissions Referral Fees and Kickbacks

  Aug 17, 20261 min

  This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - All compensation for real estate services must be paid to a sales associate through their employing broker. - Florida brokers can pay referral fees to out-of-state brokers as long as that broker does not perform services within Florida. - Paying unlicensed individuals for real estate referrals is illegal, with a specific exception allowing up to a $50 finder's fee for apartment tenants. - Sharing a portion of your commission with a buyer or seller is legal in Florida, provided it is fully disclosed to all parties, including the lender. - The federal RESPA law prohibits kickbacks and unearned fees between settlement service providers, such as agents, lenders, and title companies. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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  Real Estate Exam Prep

  Florida Real Estate Exam Prep 17, Escrow Disputes and Settlement Procedures

  Aug 16, 20263 min

  This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - A Florida broker must notify FREC in writing within 15 business days of receiving conflicting demands for escrow funds. - Within 30 business days of the last demand, the broker must institute one of four specific settlement procedures. - The four settlement procedures can be remembered by the mnemonic MALE: Mediation, Arbitration, Litigation, and Escrow Disbursement Order. - Mediation is a non-binding negotiation, whereas arbitration is a binding process where a third party's decision is final. - An Escrow Disbursement Order (EDO) is a formal determination by FREC, but it is not available for disputes exceeding $50,000. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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