Friday, November 10, 2017

The October 2017 DBPR Pearson Vue Florida Real Estate License Exam Pass Fail Rates

The October 2017 DBPR Pearson Vue Florida Real Estate License Exam Pass Fail Rates

The Climer School of Real Estate is still the best Real Estate School in Florida to attend if you want the best chance of passing on your first try

Pearson Vue and the Department of Business and Professional Regulation (DBPR) released their October 2017 Florida real estate license state exam pass fail rate summary. The results were the same as always. Pathetic.

October 2017 Florida Real Estate License State Exam Pass Fail Summary

In October 2017, from October 1 to October 31, once again 2776 individuals took the Florida real estate sales associate license state exam for the first time. 1409 of them passed and 1367 failed. This is a pass rate of 51% and a fail rate of 49%. Same as always.

2906 individuals took the Florida real estate sales associate license state exam for a second time or for a repeated time. 908 of them passed while 1998 of them failed this is a pass rate of 31% and a fail rate of 69%. Same as always.

Why do you suppose this is? Again, it is my opinion that the powers that be, meaning the Florida Real Estate Commission and the Bureau of education testing, are more interested in trying to trick you into a wrong answer instead of testing your knowledge. I believe that if they wanted more test takers to pass, and more test takers would pass. Be thankful that they don’t want more test takers to fail because I believe that would be easy for them to achieve as well.

This is why it is so important to come to The Climer School of Real Estate, the best real estate school in Florida, to take your mandatory 63-hour pre-license class on your way to passing your state exam. All schools are not created equal. Many students go to some of the other horrible schools out there and sit in the classroom for 60 hours while the instructor reads in the book. They learn nothing. And they fail the exam. At The Climer School of Real Estate, we teach you how to pass your state exam. This is the most important thing.

234 individuals took the Florida real estate brokers state license exam for the first time. 160 of them passed and 74 them failed is a pass rate of 60% and a fail rate of 32%. 194 individuals took the Florida real estate broker state license exam for the second or for a repeated time 77 of them passed and 118 this is a pass rate of 39% and a fail rate of 61%. Again, same as always.

Here’s something you may find interesting. 52 people applied for a Florida real estate license under mutual recognition. This means that they only had to take a 40-question test on the laws of the state Florida. 31 of them passed and 21 of them failed. This is a pass rate of 60% and a fail rate of 40%. 32 individuals took the Florida real estate laws and rules state test for second repeated time. 23 of them passed and nine of them failed. This is a pass rate of 72% and a fail rate of 20%. Apparently the 40-question test of on Florida house rules is a little bit easier than the full 100 question test.

Instructors are plugging along at about the same pace. Seven people took the Florida real estate instructor state exam for the very first time. Two of them passed and five of them failed. This is a pass rate of 29% and a fail rate of 71%. Nine individuals took the Florida real estate instructor exam for a second or for a repeated time. Three of them passed and six of them failed. This is a pass rate of 33% and a fail rate of 67%. Apparently, it’s not that easy to become a Florida real estate instructor.

We are still in trouble with appraisers in Florida. Only one person took the certified residential appraisers state license examination for the first time. And they failed. Zero people passed as a first-time test taker. Three people took the certified residential appraisers state exam for a second or for a repeated time. Only one of them passed and the two of them failed. This is a pass rate of 33% and a fail rate of 67%. But even scarier is that the state of Florida's Division of Real Estate (DRE) only added one new certified residential appraiser into its ranks in the entire month of October 2017. That is all.

It is not easy to pass your Florida real estate state test. You need the best preparation available. This is why you want to come to The Climer School of Real Estate. Friends don’t let friends go anywhere else.

Since 1984, The Climer School Of Real Estate is The Best Real Estate School in Florida with the Best Real Estate Instructors in Florida. We have the best pre-license classes, the best post license classes, the best Spanish classes, and the best live streaming real estate classes in Florida. If you want to have the best chance of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . All thoughts and opinions in the blog are the thoughts and opinions of Andy Brown, the best real estate instructor in Florida, Director of Education & Training.

The Climer School of Real Estate is the Best Real Estate School in Florida

Saturday, October 28, 2017

Your "90 Day Goals" List. Write them down NOW!

The Importance of Writing Down Your 90 Day Goals Part 1

Goal Setting and Business Planning

The Climer School of Real Estate, the best real estate school in central Florida, we get together every three months and go over our next quarterly business planning and strategy. We believe this is an invaluable exercise and are always amazed at how productive and fruitful our quarterly planning get-together sessions are.

I’ve been taught by many coaches and mentors the following adage:

What you do now will manifest itself in results in 90 days and what you are experiencing now is a direct result of what you did 90 days ago.


For me in my business life this has always been true.

Your 90 day goals including monthly, weekly, and daily should feed and some court your annual one your goals. Your one year goals should feed and support your three year goals. Your three year goals should feed and support your five year goals, and then your ten year goals etc. I read a book somewhere one time the talked about the fact that there are some Japanese corporations that have 500 year goals. I mean, why not?

Reason why I’m writing this series about your 90 day goals in your business goals business planning is the strategizing is because I know anyone who does not believe that writing down your goals and having a business plan is not important. Everybody thinks it is. The odd part of human nature is that this almost nobody does this.

And I’m not just pointing a finger at everybody. I have been guilty of this more often than not. I know it’s important, critically important, and yet I don’t do it. But I’m doing now, more than ever and it is truly beneficial.

If you’re reading this you should sit down right now and create a list of goals that you would like to accomplish in the next nine days. There is a popular acronym SMART that people subscribe to regarding your goals. And it’s a cute acronym but I believe it’s true. Goals need to be specific, measurable, attainable, realistic, and time-based. If you think about if they’re not there really just wishes and desires and hopes.


When you turn the goal into a timebased action what you are really doing is challenging and tasking yourself. This is easier said than done. Fact is the reason why great coaches are worth their weight in gold.

The great coach hold you accountable to the goals that you say are important to you and your family, not goals of coaching support.

I know a lot of people that would love to earn $1 million a year. Very few of them know how to. I’m going to step on a limb and say it’s fairly easy to make may dollars year income in this credible country we live in, America. But you have to have a plan and an idea of how you going to get from point a to point.

This is where the realistic and attainable part comes in. The story that I love to use when I’m coaching my students on goal setting and their business plan is getting a college degree.

A lot of people these days have a college degree. Certainly to attain a college degree of any type, you had to at one point in your life make a decision I want to college green I’m going to get it. The reason why so many people have a college degree is because there is a clearly defined roadmap and half set out anyone and everyone who desires this end goal.

First you have to apply to the college, fill out an application. You may have to take some tests like the SAT. once you’re accepted you reach your advisor and you register for your first semester’s classes. You buy the textbooks, you go to class, you do the homework, you study and prepare for all the quizzes and tests, and then you register for the next semester’s classes, and do it again.

Each class is a building block for the next class the next semester based on the degree you chose after four or five years of following a defined roadmap you now have attain a college degree. My question for you is when you even thought that you want to get a college degree, and it was four or five years in the future, was there any guarantee that it was going to happen other than your desire and intention?

The answer is no!

However you knew you could follow ”The Plan”. And you knew you could follow the plan because he sought out front of you and it was attainable and realistic.

Some people have a vision and see a road map to earn $1 million in the next year. But not everybody does. That is not a terrible thing.

If you are new and real estate, may be your internal compass and roadmap says $50,000 in your first year. Maybe it says $80,000. Maybe it says $100,000. If this is what your internal Compass is saying, then you should listen to it and embrace it and go for.

Learn the skills of your first year of real estate education in the trenches. Don’t give up. Next year you might double it. If you make $50,000 in your first year, you might make $100,000 in your second year. Then you start building a team based on your knowledge and your third year you make $250,000.

I believe so powerfully in the power of writing down your goals especially your 90 day goals that I will be writing a series of blog to help you along this path.


What I want you to do right now, is write down your goals for the next nine days. Write down what you see yourself accomplishing. If you can see yourself accomplishing these and it is realistic and you can do it.

Write down an income goal. Write down a number of transactions goal but don’t stop there. Your life is more than just closing your real estate. Some of you may have a weight loss goal. Make it realistic. Some of you have a start exercising again goal. Some of you may have a spend quality time with my significant other goal. Some of you may have some new spiritual goals. Some of you may have taken a vacation or go to the beach for a week goal.

Write them down. Say them out loud.

In my next blog on goal setting, we will work through how to create business planning steps to head down the path to achieving your goals. Don’t give up keep going forward.

The only shame is quitting. Make it happen!

Since 1984, The Climer School Of Real Estate is The Best Real Estate School in central Florida with the Best Real Estate Instructors in central Florida. We have the best pre-license classes, the best post license classes, the best Spanish classes, and the best live streaming real estate classes in central Florida. If you want to have the best chance of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . All thoughts and opinions in the blog are the thoughts and opinions of Andy Brown, the best real estate instructor in central Florida, Director of Education & Training.


Monday, October 23, 2017

The September 2017 Florida DBPR Real Estate State Exam Pass Fail Rates, License and Application Numbers

The September 2017 Florida DBPR Real Estate State Exam Pass Fail Rates, License and Application Numbers

The Climer School of Real Estate teaches you how to be on the “right” side of these numbers

The September 2017 Florida real estate State exam Pass fail Numbers are out and are as dismal as usual. 

The Climer School of Real Estate is the Best Real Estate School in Florida

The Florida Department of Business and Professional Regulation (DBPR), the Division of Real Estate) DRE, and the Florida Real Estate Commission (FREC) release the statistics from Pearson Vue’s monthly exam performance numbers. 

The numbers are little bit lower because of Hurricane Irma however the percentiles are exactly the same as usual. I still believe that the state wants the numbers in these ranges. This is why they work so hard at tricking you into a wrong answer rather than testing your knowledge. 

From September 1 through September 30 of 2017, only 1864 people took the Florida real estate sales associate state exam for the very first time. Of this number, only 900 passed while 964 failed. This is a passing rate of 40% and a failing rate of 52%. Once again same as usual. 

 2041 people took the Florida real estate sales associate state exam for second or for a repeated time. Of this number only 661 passed while 1380 of them failed. This is a passing rate of 32% and a failing rate of 68%. Unfortunately, once again, same as usual. 

 This is why it is so important to come The Climer School of Real Estate, the best real estate school in Florida. We are the best in Florida it teaching our students to pass the state exam. We don’t teach our students to be experts in the book, we teach them to be experts of passing the state exam on the first try. Because once you pass your state exam, 90% of the book goes away and this is when your real education begins. 

By the way, this is a 48% reduction in the number of first time test takers from August 2017 to September 2017. Additionally this represents a 44% reduction in the number of second and repeated test takers.

In September 2017 179 people took the Florida real estate broker state exam for the first time. Of this number 109 passed and 70 of them failed this represents a 61% passing rate and a 39% failing rate same as usual. 

 Only 131 people took the Florida real estate broker state exam for a second offer repeated time. Of this number 50 of them passed and 81% of them fail. This represents a 38% passing rate and a 62% failing rate. Again same as usual. 

 This is a 33% reduction in the number of first time broker state exam test takers and a 35% reduction in the number of second and repeated broker state exam test takers. While the reductions are due to hurricane Irma is fascinating at the passing in failing rates are exactly the same. 

I thought you might also want to know that there were 635 no-shows and 635 cancellations a Pearson view in the state of Florida September. It’s interesting because in August there were 911 no-shows with only 178 cancellations. This is the reason why usually you can call a Pearson view testing center and get a testing appointment the next day even though it doesn’t show up on the computer. 

The Climer School of Real Estate has the Best Real Estate Students in Florida

It remains difficult to pass your Florida real estate instructors license state exam also. Four people took the Florida real estate instructor state exam for the first time in September 2017. None of them passed. Two people took the Florida real is instructor state exam for a second a repeated time. And one of them passed. Those are not good numbers. It is a difficult exam. 

I blog about the upcoming problems we are going to have regarding the number of certified residential appraisers in the state of Florida. I will give you those numbers as well according to the Florida Real Estate Appraisal Board (FREAB). 

In September 2017, one person took the certified residential appraisers state exam for the very first time. They did not pass. Two people took the certified residential appraiser state exam for second or for repeated time. Both of them passed. So the state of Florida put and to new certified residential appraisers into the state of Florida in September 2017. They may now begin their two year apprenticeship. 

I thought I would give you an update of the number of licenses in the state of Florida.

As of the end of September 2017, there were 183,385 current and active sales associate licenses. There were 79,017 current in active real estate sales associate licenses and 16,690 and voluntary inactive sales associate licenses. Additionally 38 sales Associates are on probation and 90 have suspended licenses. There are also 220 with military exemptions. 

 As of the end of September 2017 there were another 20,294 broker associate current inactive licenses. There were 5479 currents in active broker associate licenses. There are five 1510 involuntary in active broker associate licenses. And five broker associate licensees are on probation and two of them are suspended. 

There are currently 40,576 current inactive broker licenses in Florida. There are 3517 current and inactive broker licenses. There are 2396 involuntarily inactive broker licenses. 33 broker licensees are on probation and 12 of them are in suspension. If you’re interested there are 26,551 real estate brokers corporations and 64 real estate brokerage partnerships. There are also 417 active schools.

Don't be alarmed at the number of licensees. The 80 - 20 rule is always in effect. Be a part of the 20%

The Climer School Of Real Estate is The Best Real Estate School in Florida. If you want to have the best chance of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . The Climer School of Real Estate has the Best Real Estate Instructors in Florida. Ask for Andy Brown the Best Real Estate Instructor in Florida, Head Instructor and Director of Education & Training

Wednesday, September 27, 2017

The August 2017 Florida Real Estate State Exam Pass Fail Numbers and Total License Numbers Report

The August 2017 Florida Real Estate State Exam Pass Fail Numbers and Total License Numbers Report

As expected, the Pass Fail rates for the Florida Real Estate state exam are exactly what is expected.

Here are the new pass fail statistics for August of 2017 from The Climer School of Real Estate, the best real estate school in Orlando.

The Climer School of Real Estate is the Best Real Estate School in Orlando

In August of 2017, from August 1 to August 31, 3,588 people to the Florida real estate sales associate state exam for the very first time. Of that number, 1,840 of them passed the exam and 1,748 of them failed the exam. This is a passing rate of 51% and a failing rate of 49%.



3,660 people took the Florida real estate sales associate state exam for a second time were for a repeated time. Of this number, 1,175 of them passed and 2,485 of them failed. This is a dismal passing rate of 32% and a failing rate of 68%.
This pass fail ratio is the same as it always is. I believe it again proves my point that the powers that be within the state of Florida are more interested in tricking real estate exam test takers and they are in testing their knowledge. And I believe this proves again that they are very good at tricking test takers into wrong answers.
296 people to the Florida real estate brokers license state exam for the very first time. Of this number 184 than passed and 112 of them failed. This is a passing rate of 62% and a failure rate of 38% 203 people took the Florida real estate brokers license state exam for a second or for a repeated time. Of this number 84 of them passed while 119 of them failed. This is a passing rate of only 41% and a failing rate of 59%.
Again, this is about the same as it always has been.
I do not know how much the total number of real estate licenses in the state of Florida increased from July 1 2017 through July 31, 2017. The Florida Real Estate Commission and the Division of Real Estate cancelled the August meeting due to Hurricane Irma.
I have written about the Certified General Appraiser license exam results. I believe we are having a problem in the very near future. 34.1% of sales associate licensees are inactive in some way. If they all became active at the same time, this would really change the market picture. You better have a good marketing plan in place and you better be working it.
You may be interested in knowing that in August 2017, only 1 person took the Certified Residential Appraiser license examination for the first time. One person passed and zero people failed LOL. Apparently not many people want to take this examination.
Only one person took the Certified Residential Appraiser’s license exam for a second offer repeated time. One person failed and one person passed.
The appraisal community is losing appraisers. The number of certified registered trainees has decreased from 541 in November 2016 down to 505 as of June 2017. There were 231 in active registered trainees in November 2016. This number has decreased to 157 in June 2017. There were also 422 involuntary inactive registered trainee’s licensees November 2016. This number has decreased to 371 in June 2017.
We added 8 new licensed Real Estate Instructors. We don’t necessarily need new real estate instructors. What we need are good instructors. So many of them are bad, very bad. They think that if they get a real estate instructors license, they can make easy money teaching a mandatory real estate course. It is the students who get screwed.
What do you think will happen regarding these statistics? I wish I knew. However, keep following my blog and I will keep you updated and status as soon as I get new information.
Don’t forget, due to circumstances regarding Hurricane Irma, the Florida Real Estate Commission, The Division of Real Estate, and the Bureau of Education and Testing have moved the September 30th 2017 renewal deadline out to October 23rd 2017. This is especially important for those of you who must have your mandatory 45 hours of Post Licensing in place now! Do Not Delay! Get your Post 45 class or your Continuing Education in Now. You do not want to lose your license because you forgot to take the class.
Stay positive!

Since 1984, The Climer School of Real Estate is The Best Real Estate School in Orlando. If you want to have the best chance possible of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . We have the Best Real Estate Instructors in Orlando

Thursday, August 24, 2017

The July 2017 Florida Real Estate State Exam Pass Fail Numbers and Total License Numbers Report

The July 2017 Florida Real Estate State Exam Pass Fail Numbers and Total License Numbers Report

As expected, the Pass Fail rates for the Florida Real Estate state exam are exactly what is expected but Licensee numbers are going up.

The July 2017 Real Estate License State Exam Pass Fail Summary

In July 2017, from July 1 to July 31, 2,829 people to the Florida real estate sales associate state exam at Pearson Vue for the very first time. Of that number, 1422 of them passed the exam and 1407 of them fail the exam. This is a passing rate of 50% and a failing rate of 50%. Students from The Climer School of Real Estate are passing their state exam on their first try like crazy!

2699 people took the Florida real estate sales associate state exam for a second time were for a repeated time. Of this number, 843 of them passed in 1856 of them fail. This is a dismal passing rate of 31% and a failing rate of 69%.

This pass fail ratio is the same as it always is. I believe it again proves my point that the powers that be within the state of Florida are more interested in tricking real estate exam test takers and they are in testing their knowledge. And I believe this proves again that they are very good at tricking test takers into wrong answers.

222 people to the Florida real estate brokers license state exam for the very first time. Of this number 144 than passed and 78 of them failed. 182 people took the Florida real estate brokers license state exam for a second or for a repeated time. Of this number 61 of them passed while 121 of them failed. This is a passing rate of only 34% and a failing rate of 66%.

Again, this is about the same as it always has been.

The total number of real estate licenses in the state of Florida increased by over 2600 from June 2017 through July 2, 2017. This is all licenses.

The total number of active sales associate and broker associate licensees increased by 1227. This is an increase of 0.61% per month for 7.36% annually.

It may be interesting to note that there is an additional 76,389 voluntary inactive sales associate licensees and 5246 voluntary inactive broker associate licensees. There are also 17,305 involuntary inactive sales associate licensees and an additional 1557 involuntary inactive broker associate licensees.

These are significant numbers when it comes to your potential competition.

34.1% of sales associate licensees are inactive in some way. If they all became active at the same time, this would really change the market picture. You better have a good marketing plan in place and you better be working it.

Don’t be afraid of competition. Someone told me once there is always room for someone better. The Pareto principle or the 80 20 rule is always in place. Whatever the numbers are yet to make sure the show as part of the 20% is on top. If you go back and read my blog on Dr. Sean Snaith’s assessment of the economic future of Florida and especially the Orlando Kissimmee Metropolitan statistical area than you know we are going to keep growing. Everybody needs a place to live whether they buy or rent. So, the need for a true real estate professional will always be there.

I have written about the Certified General Appraiser license exam results.

You may be interested in knowing that in July 2017 zero people took the Certified Residential Appraiser license examination for the first time. I’m sure it’s clear that zero people passed and zero people failed. What may not be clear is that no one wanted to take this examination.

Only two people took the Certified Residential Appraiser’s license exam for a second offer repeated time. One person passed and one person failed. We have a 50 - 50 passing rate based on two people.

The appraisal community is losing appraisers. The number of certified registered trainees has decreased from 541 in November 2016 down to 505 as of June 2017. There were 231 in active registered trainees in November 2016. This number has decreased to 157 in June 2017. There were also 422 involuntary inactive registered trainee’s licensees November 2016. This number has decreased to 371 in June 2017.

Even more alarming is the fact that from July 1, 2016 to June 30, 2017, the Florida real estate appraisal Board (FREAB) only welcomed in 9 new certified residential appraisers.

This can’t be a good thing. I believe we are having a problem in the very near future. We are losing our appraisers much higher rate than we are gaining them.

What do you think will happen regarding these statistics? I wish I knew. However, keep following my blog and I will keep you updated and status as soon as I get new information.

Stay positive!

Since 1984, The Climer School of Real Estate is The Best Real Estate School in Orlando. If you want to have the best chance possible of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . We have the Best Real Estate Instructors in Orlando

Sunday, August 20, 2017

Announcing our 3 new central Florida locations and our Live Streaming Virtual Classroom!

The Climer School of Real Estate is expanding to 3 new central Florida campuses and is debuting our Live Streaming Virtual Classes!

We will be in 3 new central Florida locations and, we will be covering the entire state of Florida and the whole world with our Live Streaming Classroom beginning October 9th 2017

The Climer School of Real Estate is buzzing with excitement these days. Not only are we about to branch out into three new Central Florida locations that we here are about our long-awaited virtual, Live Streaming Classroom format. We’re not sure what were more excited about.


For starters, we officially have a new professional affiliation with the Keller Williams Advantage Group and Lori Tyrrell and Rich Carpentieri. They currently have three main offices with two more in the works.

Keller Williams Advantage Realty


Our first official class with Keller Williams Advantage will be in the Oviedo campus location. The address is 59 Alafaya Woods Trail, Oviedo, FL 32765. Head Instructor and owner Andy Brown will be teaching an amazing two day Continuing Education class focusing on Sales and Marketing.

The team leader for the Keller Williams Advantage Oviedo location is Rick Bosley. Their website is www.KWOviedo.com. The office can be reached at 407–977–7600.

On October 1, 2017, The Climer School of Real Estate officially begins at our new Lake Nona campus location. The address is 9161 Narcoosee Road, Suite 107, Orlando, FL 32837.

The team leader for the Keller Williams Advantage Lake Nona location is Dave Chubb. Their website is www.KWNona.com and the office can be reached at 407–207–0825.

On January 1, 2018, The Climer School of Real Estate will officially begin at our Waterford Lakes campus. The address is 12301 Lake Underhill Rd. Suite 111, Orlando, FL 32828.

The team leader for the Keller Williams Advantage Orlando Waterford Lakes location is Kristin Duncan. Their website is www.KWWaterford.com. The office can be reached at 407-393-5901.

We are coordinating all of the classes together. This means that you can either find out what the schedule is by going to our website www.ClimerRealEstateSchool.com or by visiting any of their offices' websites or by calling their locations.

To say that we’re excited to be working with Lori Tyrrell and her entire Keller Williams Advantage Team would be a huge understatement.

Just as exciting to the Climer School team is the debut of our Live Streaming Classroom. This is a vision that Pam Matera and Andy Brown have had since even before they owned The Climer School of Real Estate.

They wanted to be able to deliver high quality real estate education in this live streaming format to anyone anywhere that one of the best real estate education in the state of Florida. And now, anyone, anywhere in the world can take advantage of a live class given by one of the best real estate instructors in Florida from The Climer School of Real Estate.


From Pensacola to Key West, you will now be able to experience a live Climer School of Real Estate class. The very first inaugural class will begin at 9 AM Monday morning October 9th. Head instructor Andy Brown will be sitting in front of his web camera leading a class of students from all over the state, maybe even from all over the world.

And better yet, our Live Streaming format is approved and sanctioned by the Florida Real Estate Commission (FREC), the Department of Business and Professional Regulation (DBPR) and the Division of Real Estate (DRE). We have this class approved through all 3 of them!

It will be our standard two-week format. The class will run from Monday to Friday, 9 AM to 3 PM, for two weeks in a row. Our partner, Dearborn REcampus, is going to mail you a textbook. We will be going over homework every single morning, and he will be preparing you for the class exam at the end of the class that you will take online.

Andy Brown, considered by many to be the best real estate instructor in Florida, will be teaching you everything he knows that will help you pass your Florida Real Estate Sales Associate State Exam.
Eventually, every single one of our classes will be offered through our virtual live streaming classroom format. Even all of our Spanish Real Estate classes will be offered this way.

This is only our first and inaugural class. Because it is the very first one, we will be offering it at an "Inaugural Class"  discount. More than likely there will be a couple of technical glitches here and there so we will all be helping each other out.

Once we run the system live and get the glitches worked out, we will be offering a wide variety of class day and time formats, especially on evenings and weekends.

But if you know someone who is ready to start their real estate career and wants to get the real estate license at the best real estate school in Florida with the best real estate instructor in Florida, have them call us at 407-822-3926 or email ClimerConcierge@gmail.com and let us know of your interest and we will put you on the list. Friends don’t let friends go anywhere but The Climer School of Real Estate!

The best chance that you can give yourself of passing your Florida Sales Associate Real Estate License state exam or your Florida Brokers Real Estate License state exam on your first try is by attending The Climer School of Real Estate in Orlando Florida. 407-822-EXAM (3926).

Since 1984, The Climer School Of Real Estate is The Best Real Estate School in central Florida. If you want to have the best chance of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com, The Climer School of Real Estate has the Best Real Estate Instructors in central Florida

Wednesday, August 16, 2017

The New FREC 61-J2 Rule on Team or Group Advertising

Does Your Team or Group Name have an illegal or forbidden term?

What it really means

The Florida Real Estate Commission (FREC) is discussing what is probably the last draft on new 61J2 – 10.026 team or group advertising rule. My estimate is that this new rule will be voted on and passed in next month's (September's) meeting.

This has been in work for a long time. I myself heard the commission discussing this issue in a commission meeting almost 2 years ago. 


 The reason for this rule change is because the commission had felt that many sales associates and broker associate were stepping way over the line for too long of a time with regards to the way they present themselves to the general public. 

Only a broker is allowed to name themselves, and market themselves to the public as a real estate business. Sales associate and broker associate may only do business under their own name. And it needs to be the name that they have registered with the DBPR


 The Florida Real Estate Commission believed that many team names were actually the name of a real estate business (which is not allowed). They had been receiving numerous complaints from consumers who did not know who they were working with or what brokerage. 

Some of the complaints were that they did not know with who on what team they were working with and they had no idea who showed up to the appointment. 

 And I want to remind you that the only thing that the Department of Business and Professional Regulation (DBPR), the Division of Real Estate (DRE), and the Florida Real Estate Commission (FREC) care about is the general public. They do not care about real estate licensees. 

When the general public starts complaining about licensees too much, the commission is going to do something about it. 

 So here are the new rules on Team or Group Advertising: 

1. Team or Group Advertising shall mean a collective name or logo used by one or more real estate licensees who represent themselves to the public as part of one brokerage that performs real estate license activities under the supervision of the same broker. 

As a reminder, every single sales associate and broker associate works for their employing broker. They are not independent business entities. 

2. Each team or group shall file with the broker an appointed team leader to represent the team or group. This team leader shall be responsible for ensuring that the advertising is in compliance with Chapter 475 Florida Statutes and 61J2 Florida Administrative Code. 

3. The registered broker must maintain a current written record of each team’s or group’s members. 

4. Team or group names. Real estate team or group names must always include the word “team” or “group” as part of the name. 

Real estate team or group name shall not include the following words: 

a. Associates
b. Brokerage
c. Brokers
d. Company
e. Corporation
f. Corp.
g. Inc.
h. LLC
i. LP or LLP
j. Real Estate
k. Realty
l. or similar words suggesting the team or group is a separate real estate brokerage or company 

All of these indicate a real estate brokerage business. It had become too deceptive to the general public. Only a broker can own and operate and register a real estate brokerage business, not sales associates or broker associates.

5. Unless otherwise provided, this rule applies to all mediums of advertising including print, radio or television, and Internet. It includes but is not limited to such type of advertising as signs, billboards, email, business stationery, business cards, business documents, signs, logos, newsletters, or electronic equivalents, or anything of a similar kind of use for a similar purpose as any of the items set forth above. 

6. Advertisements containing the team or group name, team or group member, or individual licensee shall not appear in larger print or be more prominently displayed than the name of the registered brokerage’s logo. 

Many of the teams were further trying to skirt the issue by putting the required brokerage information in teeny tiny print somewhere near the bottom of the ad. It is another rule that all advertising must contain the name of the brokerage. 

The commission considered this as another way for teams to break the rule. So now, there’s a new rule. Nothing can be larger than the print that contains the name of the real estate brokerage. 

 7. All signage, including yards and billboards, must comply with these requirements no later than 12 months following effective date of this rule. 

8. Excluding the items listed above, all other relevant advertising must comply with these requirements no later than six months following the effective date of this rule. 

By the way, everything is advertising. While the discussion of this was going on for a couple of years I always let my classes know about it. On many occasions I had students call me and asked me about a team name that contained one of the now forbidden, illegal terms. 

I told them all, don’t do it. I told them they would be wasting their time and money. They were going to spend money with a URL, a webpage, SEO and SEM to brand them, business cards, car placard, and so on and so on. 

I told them they were going to be wasting your time and money and they were going have to be changing it all soon. 

They responded, “but my broker said it was okay.” I asked them, then why did you call me and ask me? Then I would tell them you get to do whatever you want.  

And now and everyone is going to be changing their team names or group names that contain one of the forbidden terms. 

 But you are all sales people. So use it as an opportunity to communicate with your entire customer database. At the very least, turn it into a positive!

The Climer School Of Real Estate is The Best Real Estate School in Florida. If you want to have the best chance of Passing your Florida Real Estate Exam on your first try, then you need to attend your real estate classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . Ask for any of our instructors. The Climer School of Real Estate has the Best Real Estate Instructors in Florida


Sunday, July 23, 2017

The June 2017 Pearson Vue Florida Real Estate Exam Pass Fail Rates

The Florida Real Estate State Exam June 2017 Pass Fail Examination Performance Summary from Pearson Vue

Thoughts from Andy Brown at The Climer School of Real Estate, the Best Real Estate School in central Florida


The Climer School of Real Estate has the Best and the Happiest Students

I was reading the June 2017 ‘Men’s Health’ magazine, and came across their section called ‘Useful Stuff’. It had a full-page article called ‘Realty Check’. At first, I thought it read ‘Reality Check’. It did not. It said Realty Check.

I was very interested in reading their tips. I could not believe the very first one. “Many agents are clueless. You have to take a course to get a license. I want to night classes, but I know people who took online courses they bought on Groupon.” You can check it for yourself. Page 42.

 I could not agree more. I am fed up with the many discount, supercheapo, online classes that people are buying taking or that they buy on Groupon because they do not teach the students what they need to know to pass the state exam. They are just interested in taking their money.

 The June 2017 Florida real estate state exam Pass fail examination performance summary has been released from Pearson Vue and the Bureau of Education and Testing (BET). And the results are essentially the same as they always are. I’m very thankful to the author of the article and to ‘Men’s Health’ magazine for highlighting one of the reasons for such poor performance on the state exam.

 In June 2017, 3082 people took the Florida real estate sales associate exam for the first time. 1610 people passed and 1472 people failed. This is a passing rate of 52% and a failing rate of 48%. Same as usual. Terrible.

 2756 people took the same exam for a second or for a repeated time. 916 people passed while 1840 failed. This is a passing rate of 33% and a failing rate of 67%. Atrocious.

248 people took the Florida real estate broker state exam for the very first time. 153 people passed and 95 people failed. This is a passing rate of 62% and a failing rate of 38%. Bad

 153 people took their broker exam for a second or repeated time. 55 of them passed and 98 of them failed. This is a passing rate of only 36% and a failing rate of 64%. This is horrible.

I just believe they are going to terrible school and they should be going to the Climer School of Real Estate. I have said this many times and I have written this many times: I do not think that this is an accident. I believe there are a lot of reasons why the Pass Fail rates are almost always exactly the same regardless of how many people take exam. If people knew how we do things the Climer School of Real Estate and how we are so different from the other schools, and our success rate, and our happy students, I believe it could most of the schools out of business.

 I have some other numbers for you if you’re reading this blog and are interested. By the end of June 2017, Florida had a total of 180,073 licensed active sales associates. Florida had a total of 20,000 licensed active broker associates. And Florida had a total of 40,141 licensed active brokers.

This is a total of 240, 214 total active licensees. This is an increase in total active licensees of 1939 from May 2017. These were only active licensees.

Florida also had 75,018 current in active sales associates, 17,563 involuntarily in active sales associates, 90 sales associates on suspension and 37 on probation. This increases the number by a little bit, doesn’t it.

 Florida had 5299 current in active broker associates, 1577 involuntarily in active broker associates, 2 on suspension and 5 on probation.

 Florida also has 3455 current in active brokers, 2545 involuntarily in active brokers, and another 12 on suspension and 30 on probation.

 This is a lot of licensees. This means a lot of competition. You owe it to yourself to start off right and go to a good school.

 When you have a lot of licensees in the state of Florida and intersect real estate will there’s a lot of people doing a lot of wrong things and a lot of bad things. So, I thought you might like to know the numbers for the FREC investigation trends.

 In June 2017, The Division of Real Estate (DRE) received 296 complaints. A total of 540 active cases are under active investigation. 10 of these cases have been under investigation for over a year. And unfortunately, the division of real estate only has 34 total investigators. This is why not only do cases take so long but why so many people get away with doing the wrong thing.

 If you see someone real estate acting illegally on unethically, you should turn them in. They hurt the customers, they hurt our industry, and they hurt you.

 The other half of the DRE investigators have to do with brokers escrow accounts. There were only 19 inspections in June 2017 and only eight audits. So far from January to June, there’s only been 131 brokers escrow account investigations and only total of 49 audits.

 There is a total of 26,033 real estate brokerage corporations and 63 active real estate brokerage partnerships. I would imagine that with over 26,000 brokerages, there are more than 19 escrow accounts that require a good investigation and audit.

One more little bit of information you might enjoy. There is plenty of unlicensed activity going on as well. In June 2017, the division of real estate we see 62 complaints on unlicensed activity. There were 89 complaints in May 2017.

 I would say that it takes a few months for step one in the investigation process to be completed. This is the step where they decide whether the complaint is legally sufficient.

In May 2017, they determined that 37 of the ongoing cases were legally sufficient however in June 2017 only 14 of them were legally sufficient.

 Most people believe that there are hundreds and hundreds of instances of unlicensed activity going on in every major city and Metropolitan statistical area. So, this is a drop in the bucket. Once again, we need to police ourselves and clean up our own. If you see something turn them in.

Friends don't let friends attend any other real estate license school but The Climer School of Real Estate!  The best chance that you can give yourself of passing your Florida Sales Associate Real Estate License state exam or your Florida Brokers Real Estate License state exam on your first try is by attending The Climer School of Real Estate in Orlando Florida. 407-822-EXAM (3926). Our next class begins Monday August 7, 2017 and we have the Best Real Estate Instructors in central Florida.

The Climer School of Real Estate is the Best Real Estate School in central Florida

Since 1984, The Climer School Of Real Estate is The Best Real Estate School in central Florida. If you want to have the best chance of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . Ask for Andy Brown the Best Real Estate Instructor in central Florida, Head Instructor and Director of Education & Training

Sunday, July 16, 2017

The Top Three Reasons Why People Fail their Florida Real Estate Exam Part 1

The Top Three Reasons Why People Fail their Florida Real Estate Exam Part 1

Why is the Pass Fail rate for first-time Florida real estate state exam test takers is 50% / 50% and the pass fail rate for second and repefor the past many number of years, even though about 2,700 people took the Florida real estate exam for the first time every single month and about 2,800 people take the Florida real estate exam for a second or for a repeated time every single month, month after month, the pass fail rate is the same: atrocious.


More than Half of all Test Takers Fail the Exam


I have learned that for the most part people fail the Florida real estate exam for at least one of three reasons, and those 3 reasons are:

1. They are too stressed out and anxiety ridden, and they do not get a good night sleep the night before their exam.


2. They are not natural or good test takers and are plagued with test anxiety, and they “overthink” the questions.

3. They did not attend a good real estate license school to help them prepare to pass the state exam.

Get a good night’s sleep. Work at focusing on the positive and on the positive outcome that you want.
Find a school that teaches you how to beat the state exam, not a school that just teaches you the book.

Follow my 4 part Blog Series on ‘Why People Fail the Florida Real Estate License Exam”.

Go to The Climer School of Real Estate. We are the best real estate school in Orlando and we have the best instructors in Orlando. I really wish the Florida Real Estate Commission (FREC) would pubish Real Estate Schools' 'Pass Fail' rates for their students.

I even asked them one time if they would start doing that again and they told me "No". They told me, on the record, that it would unfairly damage the other schools' business.

Why is this true? For many reason. Experience the Climer School difference for yourself.


Since 1984, The Climer School Of Real Estate is The Best Real Estate School in Orlando. If you want to have the best chance possible of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . We have the Best Real Estate Instructors in Orlando

Sunday, July 9, 2017

Goings-On at The Climer School of Real Estate - The July 2017 Schedule

July is a busy month at the Climer School of Real Estate

Classes remain strong for you in July 2017 at The Climer School

The Climer School of Real Estate, the Best Real Estate School in Florida


July will be a busy month for the Climer School of Real Estate in 2017.

After a fantastic July 4th holiday break, we have already had a two-day Florida sales associate license state exam review class and a one-day Florida brokers license state exam review class.

On Monday, July 10th we are beginning to sales associate classes. Our one week 63-hour sales associate pre-license class in English and our new two-week 63-hour sales associate pre-license class in Spanish.

Our Spanish language course curriculum has been created and will be instructed by our newest instructor José Gabriel Rodriguez. Jose chose the Climer School as his new school for his relocation from Miami to Orlando. We feel that José Rodriguez was the best real estate instructor in South Florida and now he is part of the team of the Best real estate instructors in all of Florida. Jose is also owns Centric Realty and is the Broker as well.

The two-week Spanish-language real estate class ends on Friday, July 21st.

On Monday, July 17th the Climer School is beginning a two-week 63-hour sales associate pre-license class in English that will end on Friday, July 28th.

Our nights and evening 63-hour sales associate pre-license class for working professionals that can’t get away during the day, and that began in June will be going strong every Tuesday and Thursday night throughout July.

On Saturday and Sunday, July 15th and 16th we have another two-day sales associate state exam cram course review class.

On Saturday, July 22nd, Andy Brown and Chris Brown will be holding another of their very popular “How Do I Pick My Broker?” Workshop. This workshop is becoming more and more popular.



Additionally, Chris and Andy are working with Dearborn Kaplan Publishing and are creating a national book on this topic.

July also begins our ‘Summer - Fall’ Real Estate License Renewal phase.

On Saturday and Sunday, July 22nd and 23rd , the Climer School will be hosting a two day, 14 hour continuing education class. Our continuing education classes are the best CE classes in Florida.

And finally, on Monday, July 31st, the Climer School is hosting our first sales associate Post 45 class of the current renewal season. Our Post 45 classes are the best Post 45 classes in Florida and are a true experience, and not to be missed.

We have such a good time at the Climer School of Real Estate and we believe our students do as well. We try to do things a little bit differently at the Climer School than they do at most other schools in the state. We believe you will absolutely love and appreciate the Climer School difference.

If you are ready to start a real estate career and a real estate license or if you have your license already and you need your Post 45 class or your continuing education class there is no place that you rather be than the Climer School of Real Estate.

The Climer School of Real Estate in Orlando Florida is fully approved and sanctioned by The Florida Real Estate Commission (FREC), The Division of Real Estate (DRE), The Bureau of Education and Testing (BET) and The Department of Business and Professional Regulation (DBPR).

Since 1984, The Climer School of Real Estate is The Best Real Estate School in Florida. If you want to have the best chance of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com

Tuesday, July 4, 2017

Florida has a lot of Licensees but the Real Estate market looks Positive!

The Number of Licensees vs the Number of Sales and the Future of Florida’s Real Estate

Thoughts from Andy Brown and The Climer School of Real Estate, the Best Real Estate School in Orlando

Quite often I am approached by my students in a class with this one specific question:

“With all of your experience, can you tell is going to make it and who isn’t?”

My response is always the same. “ There are a couple here and there that I have a feeling about. There’s a couple in every class that I feel are going to be very successful and there are always a couple that I feel don’t stand a chance and should not be here. However, I believe very strongly in the Pareto Principle otherwise known as the 80/20 rule.

I look at every class and I know that approximately 20% of them will make approximately 80% of the income and be successful while approximately the remaining 80% of them will be fighting over approximately the remaining 20% of the business”.

The Pareto Principle


I just believe that strongly in the Pareto principle. It’s always there, in everything.

By the end of 2016, according to the most up-to-date numbers from the Department of Business and Professional Regulation (the DBPR) there were 173,957 active sales associates, 19,830 active broker associates, and 39,781 active broker licenses in the state of Florida.

This adds up to a total of 233,568 total active real estate licensees.

According to the Florida Realtors®, there were around 165,000 licensed members of which 74% were Sales Associates or Broker Associates. This means that around 122,100 licensed members were not Brokers.

Also, according to the Florida Realtors®, $78.9 billion in sales transactions were closed by Realtors in 2016 on 268,731 closed sales.

Let’s dissect this for a minute.

Using the Board’s numbers, and if you believe 80/20 rule as I do, this now means that 24,420 licensees (or 20% of all active licensees) earned 80% of the available commissions and closed 214,985 transactions, and the other 80%, or 97,680 licensees, fought over the remaining 20% of available commissions and closed on only 53,746 transactions.

Even better, in $78,9000,000,000 in sales and assuming a 6% typical commission in a transaction as an average, this generated $4,734,000,000 in total commissions. If we assume an average split of 80% (many are 100 %’ers, many “cap out”, etc.); this created $4,260,600,000 in payable commissions to associates in 2016.

Let’s break that down to the individual. The 80/20 rule now says that on an average, the top 20% of licensees who are a member of the Florida Realtors®, or 24,420 of you, closed on a total of $3,404,480,000 for an average of $139,600 each. The remaining 80% of you, or 97,680, closed on $8,724 each.

I like to take another 20% out of each because I believe that there are always 20% who aren’t doing anything at all.

This takes the numbers to $174,500 per person for the top 20% and $10,905 per person for the lower 80%.

So, first, anyone can be in the top 20%! You need a plan of action, and you need to commit to working the plan. Find a coach and a mentor.

Second, this is still a fantastic time to get into the Real Estate Business.

In his “Florida & Metro Forecast 2016-2019”, Dr. Sean Snaith, nationally renowned economist and current UCF Director of the Institute for Economic Competitiveness, writes that, among other things, 

• Florida’s labor force will grow at 1.8% per year • Professional and Business Services will have the strongest average job growth at 5.8%
• New Housing starts will begin to accelerate and increase year to year but not enough to match demand and,
• Real income growth in Florida will increase year to year and exceed the national growth by 0.8%

He also wrote “The fundamentals of the housing market in Florida continue to strengthen.”

Across the state, the number of people employed by the Real Estate and Housing market will increase from 182,600 in 2016 to 192,900 by the end of 2019.

In the Orlando-Kissimmee Metropolitan Statistical Area (MSA) alone; Dr. Snaith estimates that there will be 13,444 new single-family housing starts, another 13,514 in 2018, and another 13,649 in 2019.

As more and more people move into the state, especially into central Florida, more and more business and industry growth, and the new home builders are happy and keep building, Real Estate as a career will continue to change people’s lives. I haven’t even talked about the commercial nor the time share sector.

If you aren’t making enough money in your real estate career, consider looking in the mirror. A massive change is only one thought, one decision, one action away.
The Climer School of Real Estate is the Best Real Estate School in Orlando

Since 1984, The Climer School of Real Estate is The Best Real Estate School in Orlando. If you want to have the best chance possible of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . We have the Best Real Estate Instructors in Orlando

Saturday, July 1, 2017

2-Day State Exam Review Class July 6th and 7th, and Pricing Structure Changes

Changes in the 2 Day State Exam Review Class starting Thursday and Friday July 6th and 7th

Thoughts from Andy Brown at The Climer School of Real Estate, the Best Real Estate School in central Florida

The Climer School of Real Estate is having a 2-day Sales Associate License State Exam Review Class Thursday and Friday, July 6th and 7th. Our famous 2-day review class runs from 9 in the morning to 5:30 in the afternoon.

This is a very popular class. Every class we have approximately 40 to 80 people in attendance. One third to one half of them come from other schools. Many of them are online students.

2 Day Review Class with 90 students registered!

The problem is that I, as well as my other instructors, have noticed that most of the students from other schools don’t have a clue of what we’re talking about half the time. This leads us to believe that the other schools are actually very bad schools and are not teaching their students to pass the state exam. So, the students come to the Climer School of Real Estate so that we can clean up the other schools’ messes.

Because of this and the unbelievable loyalty of our students, we have made a significant pricing structure change with our 2-day review class.

For Climer School students (the people who made the right decision about choice of real estate school) the structure and pricing will not change. Your cost is still $135 including the review manual. And this still gives our students access to every 2-day review class, for free, until they pass their state exam.

However, for the students who made terrible decisions regarding their real estate school selection and did not attend the Climer School of Real Estate, they will now pay $200 for their first 2-day review class. If they wish to attend additional 2-day review classes they will be charged 50% or $100 for each additional review class they attend.

For quite a while we have felt it the pricing structure for students from other schools is just not fair to the Climer School students. And we have adjusted to make it so.

And while I’m on the subject we have a few other pricing changes as well.

The 63-hour sales associate pre-licensing class is now $315. We are still the least expensive good school in the area.

We caution everybody who reads this and is looking for a school to be wary of real estate licensing schools that are attached to real estate brokerages and who are actively recruiting for sales agents.

This leads you to believe two things:

 1. Teaching you how to pass the state exam is not their area of expertise. They may be great at showing you how to buy and sell real estate, but not at passing the state exam and

 2. They are just trying to get you in so that they can show you their real estate brokerage. What they care about is getting you to sign on with them instead of another firm that may be more suited for you in the long run.

Do not let a price difference $10, $15, or even $25 fool you into believing that that school is better for you than the Climer School of Real Estate. When you fail at the Pearson Vue testing center one time, it is going to cost you an additional $36.75. Do not take unnecessary chances.

And certainly do not be fooled into thinking that just because a school is much much more expensive than we are that it is a better school! This mistake will cost you lots of unnecessary money!
The Climer School of Real Estate is The Best Real Estate School in central Florida


The 45-hour post licensing course for sales associate is now $220. This is the very best class that you will possibly take as a mandatory, required class.

The Broker 72 hour pre-licensing class is now $450.

We have not raised our fees in 18 months and even now, we are still the least expensive true classroom school in central Florida.

Be careful of discounted, super-cheap online classes. This is where most of the other students come from. We are truly astounded at what they are not taught. We’re going to the review class and sometimes they look like they are deer caught in headlights. We are constantly telling them, with true sympathy, we are not teaching the material in the review class, we are reviewing. We asked them to talk to us at a break or lunch.

It really was the job of the pre-license school that they chose to have taught them the information that they need.

Friends don’t let friends go anywhere but the Climer School of Real Estate.

Give yourself the best chance that you can give yourself of passing your Florida Sales Associate Real Estate License state exam or your Florida Brokers Real Estate License state exam on your first try is by attending The Climer School of Real Estate in Orlando Florida. The Climer School has the Best Real Estate Instructors anywhere 407-822-EXAM (3926)

Experience the Climer School difference for yourself.

Since 1984, The Climer School Of Real Estate is The Best Real Estate School in central Florida. Call for information on attending classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com

Wednesday, June 21, 2017

The central Florida Real Estate Market June 2017

The Pulse of the Central Florida Real Estate Market June 2017

Thoughts from Andy Brown, Director of Education and Training at The Climer School of Real Estate

One of the questions that I get from my new students in class on a regular basis is, “Is this a good time to get into real estate?” My answer for the past few years remains, “Yes! Now is a fantastic time to be in real estate. This is one of the best markets that I have ever seen.” The central Florida real estate market is extremely hot. It has been hot for a few years and I believe it will remain hot for a few years to come.

 I want to quote and then talk about some statistics from the Orlando Regional Realtor Association’s (ORRA) June 2017 market pulse. One of the most telling statistics to me is average days on the market. Average days on the market for listings in May 2017 was 54 days. This is down from a high of 82 days in February 2016. Everything goes gently up and down however even as recently as January 2017 in February 2017 stays on the market were 70 and 69 days. In May 2017, there was a total of 8781 total listing inventory. One year ago, in May 2016 there were 10,553 listing inventory and in May 2015, two years ago there was total of 11,798 total inventory listings. In May 2017. Of the 8071 number, there were 4670 new listings. This is kind of an amazing number. Over half of the total listings are brand-new. This means they are selling like hot cakes.


According to ORRA’s report, there were 3817 closings. Because there are two sides to every closing. This means that there were 7634 sides that were closed. In January, there were only 2213 closings, meaning potentially only 4426 realtors could get paid that month. Another important statistic is how the number of listings equates to months of sales inventory. In May 2017 number of listings equated to about 2.25 months of inventory. This is down from a high of five months of inventory in January 2016. You can interpret this any way that you choose. Some will interpret this as not a good market because there’s not much going on. Others will interpret this as it is a good market as sale are very hot. With my 25 years’ worth of experience, this is how I interpret the data. There are sellers who have homes that buyers want to buy, and there are buyers that are buying them.

Mortgage rates are also still relatively unbelievably low. The average mortgage rate in central Florida in May 2017 was a tiny bit over 4%. When I first got into the business 25 years ago, I first closing with an FHA fixed-rate mortgage was in the nines. It was a young married couple and their parents were ecstatic that rates have fallen below double digits. I remember how excited everybody was when 30-year mortgage rates moved down into the low eights.

The number of new contracts is a telling market statistic. May 2017 produced 3750 new contracts that month. Down from a low of 2179 new contracts in September 2016. There was also a total of 6524 listings total under contract in May 2017. 996 listings were also taken off the market completely in May 2017. In the last three years the lowest month for withdrawn and expired listing seems to have been able of 2017 with a total of 771. The high in the last two years was in September 2015 when 1360 listings were taken off the market due to being withdrawn or just expiring because they didn’t sell.

Here are some other numbers I particularly enjoy. The average sales price in May 2017 was $258,300. However, the median sales price was $218,000. A lot of people don’t understand the difference between average and median. A lot of people don’t understand the significance of the difference between average and in how that can help. Most people are used to only talking about the average. You take number sales, which happened to be 3817, add up all the sales prices, and then divide by the number of total sales; 3817. This would be the average sales price. To get the median sales price, you would line up all 3817 sales by dollar figure in order. Then pick the one that is exactly in the middle. That is the median sales price. One half of all sales were less than $218,000 and one half of all sales were more than $218,000. What this does is gives you an indication of where the hot area, sometimes referred to as the sweet spot, is in your real estate market. This can be very important information if you know how to interpret correctly as you will know where you should be spending your time while your prospect.

I hope my summation of the real estate market in central Florida has helped you. The whole idea of what having a real estate license is about to find customers, give them into a new contract, close and make money and have fun. You don’t learn how to do this in your pre-license class however I do teach you some tips and tricks regarding how to make more money have more fun, and save time in my Post 45 class. If you are in your first two years of having a real estate license you need your mandatory Post 45 Hour class. You positively want to come to a Post 45 class at The Climer School of Real Estate.

Since 1984, The Climer School Of Real Estate is The Best Real Estate School in Orlando. If you want to have the best chance of passing your Florida Real Estate Exam on your first try, then you need to attend classes at The Climer School. Call us at 407-822-3926 (EXAM), or stop by our website at www.ClimerRealEstateSchool.com . Ask for Andy Brown the Best Real Estate Instructor in Orlando, Head Instructor and Director of Education & Training