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|
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.