How was it? I take it on Wednesday and im so nervous lol! What would you say was the hardest part? What are a couple tips or tricks?! Thank you so much!
I got the National part done with the materials from prepagent.com but the Colorado part I had to take twice cause I didn’t find a lot of Colorado stuff there, had to look here and some other UA-cam videos for CO. Contracts and Licensing rules.
Awesome! Congrats!!!! That’s gotta feel good 🙌 do you know what brokerage you’ll be working for? And do you have a couple tips on what to focus on for studying?
Found your channel yesterday while trying to get past the Colorado Contracts and regulations course in the real estate course and WOW!!! I am so glad I found you, such great videos so far and you're great at getting to the point!!! Seems like you've been doing this forever lol!
Thank you! All of your Colorado-focused videos have helped me SO much! I passed the Nat'l, but not the CO. I know your videos will help me pass the CO.
I passed national but still trying to pass state! I was 1 question off from passing and you are one of the only people posting about this test! Not sure how else to study for that one!
Need some help. I have now failed the state exam three times. What do I need to do? I’ve memorized Jen’s videos, looked at agent prep, read numerous sections in VanEd, reviewed the colorado state real estate site, and also reviewed the Rocky Mountain real estate videos. For whatever reason, these questions on the exam are throwing me off or I’m not understanding things. Any advice or what I should do to get past these tricky questions. I test next Tuesday….again.
When you read the question on the exam (or try with the practice exams) before reading the multiple choice options, think of the answer in your head (or write it down on scratch paper). The multiple choice options try to throw you off by providing 2-3 semi-right answers and 1 completely right one. Simplify the question, think of the answer, then read the multiple choice options and quickly pick whichever one is closest. Hope that helps!
@@JenniferBergman Thank you so much. It is incredible to gain info in a way that resonates and that I can fully absorb. It is a key feature that you pause intermittently with that moment of silence. I am making up acronyms with my 3 year old and teaching her too! Lol. It's a long shot but I feel so blessed to have found your content as a resource and you as a mentor. Also, the first video I watched from you was posted August 25th 2020. I was born this day and a lot has happened over the last few years. I am thankful for this sign as a blessing to our future! I will definitely keep in touch!
@@cbrae25 That's so awesome to hear! I made most of the videos while I was studying and used them myself and I definitely never knew the answer right away so I understand how necessary the pause is haha. Now I will not forget your birthday either! I'm so glad we connected and please reach out if you have any questions and to update me on your journey!!
First- Thank You So Much for These Videos! Hopefully I will see you out there on the playground soon 😉 ☆Anyways☆ When they do the classes in my school- they use the acronym COLD-AC for the Fiduciary Duties. Confidentiality, Obedience, Loyalty, Disclosure, Accounting, (Reasonable) Care. I didn't see Accounting as one of the Fiduciary Duties listed. Can I ask why not? Thank you 😊
Also- how is the question about representing a buyer and seller at the same time false- when you have the ability to be a Transaction Broker? Technically, of course- a Transaction Broker does not have the same responsibilities as, say, someone involved in a Dual Contract... but, I am still confused. Lol because you said that the only way to represent both parties is to be a Transaction Broker in Colorado, which would make that answer True- Not False. So I'm wondering what the answer is on an exam.
Thank you for these! It’s hard to find good study content for our state. I’ve been testing every Monday for weeks and I’m officially frustrated. That CO exam is tough! Do you have any other tips?
I agree! Not much study material for Colorado and we have a tough exam! Check out a few of my more recent videos (especially the ones I posted after I passed the exam) and I think those will really help you out!
These are super informational, thank you!! I'm taking the CO Broker exam soon! Could you possibly post another video on essential CO Broker exam questions to know?
This was so informative and helpful! I’m in the process of wanting to become a broker as CO is super up and coming right now. I wanted to know where you would recommend going online to obtain a CO broker license, or what would be the company/website you’d recommend to best help in getting prep for it. There’s so many out there so I’d love a current realtors take and advice on this
Ashley W I’m so glad it helped you’re so sweet! I’m actually not a current realtor (I’ve interviewed with 5 brokerages this week so I’ll be making a decision soon!) I’m currently finishing the online VanEd program. I struggled to retain the info online which is why I started making videos. Prep agent is a super helpful resource. Listening to audio and breaking everything down and making it simple helped me a ton.
Do you have anything that breaks down trust accounts? Here is the question I got... If a small brokerage firm has 4 earnest money deposits while managing 6 single family residential units. They have accepted 6 security deposits from the respective tenants. At a MINIMUM, they must maintain how many escrow accounts? Answer is one... but I thought earnest money had to be kept separate? I"m confused?
I'm at the tail end of my course! Hoping to take the tests by the end of the month! I've been going back and retaking the practice exams through my course ... Hopefully I pass the first time! I'm ready for a new career!
Thank you! Im excited. Wondering how many questions about the closing statement are on there... My practice tests are like... What line is blah blah. Should I memorize that??
@@jessicadorcey7541 from what people who have already passed have told me don't focus on memorizing the lines, focus on know the debits/credits and you'll be good!
I came to the comments section to say the same thing! I've taken the practice exams several times through CREschool and never saw questions like the developer question here or the signature line. And I thought due to Conway-Bogues that brokers can't draft contracts - but one of the questions on the video says brokers can prepare legal docs - aren't legal docs and contracts the same! Makes me a little nervous. @Jennifer Bergman - thank you for posting these videos!
Just passed national today. Failed colorado state . Do you reccomend any other study tools for state specifically? I’ve watched all your videos and they’ve helped me so much ! Just want to find every resource possible !
The CO exam is so tough! That's why I made videos, unfortunately there isn't too many resources out there. The practice exams are really what made it stick for me. I would also record the answers I kept getting wrong on my iPhone so I could listen to them while I was driving or running.
Rocky Mountain Real Eatate School has an Awesome video for Colorado. I mean, it isn't high tech or anything, but the information is Awesome... The guy that does the lecture actually wrote a book on it. If you email him, he might just send it to you for free... just look in the comments section for his email. It's in the comment that asks where you can get the 📖book. I hope that helped! 🙂
@@debbiegonzalez3624 hahaha I am so happy to be your best friend and even more excited you passed!! If you make a facebook or intsagram let me know so I can follow your journey as wel!! Huge congrats!!!
Hello, I am almost ready to take my exam and videos like this help! I was wondering how you went about signing up and taking the exam? I tried signing up through the PSI website and I ended up paying but didn’t end up with a test registration. I wondering if you had any pointers to go about this? Thank you :)
CloudedClouds awesome! Thank you for letting me know! Please let me know how you do and what you think is the hardest part of the test after you PASS :) The good news is once you pay that money isn’t going anywhere you just need to register now. With Covid I’ve heard they’re a little backed out so I would sign up for a date ASAP. Go to www.psiexams.coms or you can call the service center and book over the phone. I’m excited for you!
For the holdover period - is this negotiated by the buyer/seller or is there a specific timeframe for days after listing expires? I remember seeing this on the exam and got stuck..
Usually the holdover clause will state something like “the seller is liable to pay the commission should the property sell within x amount of days after the listing expires” so it should always be negotiable.
@@jbmcdoogle Watch my video on Contracts a few times, I remember lots of those questions being on the test. There wasn't much math so you don't have to worry about that. Just stay relaxed during the exam don't let the fancy wording trip you up!
@@JenniferBergman ty. Im so happy to see that you reply to ppl. Of course, this is 🔑 in this line of work... but... we both know that is a 🔑 most people don't turn. 🤷♀️ not sure why... but... Either way- Ty so much.
The holdover period is always negotiable. For the test remember that as agents, we fill in the blanks for contracts, we don't create them. So those "blanks" are usually negotiable when it comes to things like when a contract expires, holdover periods, post-occupancy agreements, etc.
@@JenniferBergman Honestly I’m not sure. I’ve done a little research but I haven’t chosen anything yet. Any recommendations for a newbie? I’m currently a State Farm agent and I talk to buyers and sellers all day. I have the relationships and even some up coming deals but I want to make sure I’m making the best decision when it comes to commissions and getting the training I’ll need.
@@Damsheba It took me over 6 weeks to decide, I made a couple videos on it but I was so stressed out overthinking it. I almost went with eXp or joined a team, but I’m really happy with my decision to go as a solo agent with Coldwell Banker. I’m barely two weeks in but I’ve met with my managing broker/success coach multiple times and have a couple interested buyers and sellers. There’s tons of support for me but every office and team is different so definitely do a few interviews. Since you’re already involved with buyers and sellers I don’t think you need a team! Go somewhere as a solo agent and keep your commission :) keep me updated!
@@JenniferBergman did you post your videos before or after? I took the exam and no heart feeling, I took the state portion? Your videos are irrelevant to the State portion. Nothing personal.
@@tti4919 both. On the State and National portion of the exams I only missed 3 questions total. Then I posted most videos. Most of my videos are state specific, that is why I started this channel. So no hard feelings but you are completely wrong and please leave my channel. Not sure why you’re here.
@@JenniferBergman make me leave your channel, you cannot take criticism, no heart feeling. You want attention and everyone to clap great jobs. My experience with your lessons were suck and were not successful. I will take a screen shot of what you wrote. Maybe you feel threatened and don't want other's to pass. I don't care what you got in your exam. I never asked I just passed and wanted to pass. This is not a GPA ain't trying to get to Yale.
Thank you for this video, it helped me study for the Colorado exam, I passed today.
How was it? I take it on Wednesday and im so nervous lol!
What would you say was the hardest part?
What are a couple tips or tricks?!
Thank you so much!
I got the National part done with the materials from prepagent.com but the Colorado part I had to take twice cause I didn’t find a lot of Colorado stuff there, had to look here and some other UA-cam videos for CO. Contracts and Licensing rules.
Awesome! Congrats!!!! That’s gotta feel good 🙌 do you know what brokerage you’ll be working for? And do you have a couple tips on what to focus on for studying?
chris aden good luck!! You’ll do great! Let me know how it goes! I would love to know what you think it’s the hardest part as well!
M P that’s why I decided to make some, I couldn’t find many real estate studying materials anywhere 🤷♀️
Found your channel yesterday while trying to get past the Colorado Contracts and regulations course in the real estate course and WOW!!! I am so glad I found you, such great videos so far and you're great at getting to the point!!! Seems like you've been doing this forever lol!
Thank you so much!!! ☺️ there’s no point in beating around the bush with the boring material!
Look for something else, trust me her videos wouldn't help much especially the state portion.
Thank you! All of your Colorado-focused videos have helped me SO much! I passed the Nat'l, but not the CO. I know your videos will help me pass the CO.
Yes you will! You got this! Please let me know how it goes!
I’m right there with you I’m just not a good test taker but I study one now I’m doing the co
I passed national but still trying to pass state! I was 1 question off from passing and you are one of the only people posting about this test! Not sure how else to study for that one!
You're doing God's work. Thank you.
Thanks to this great video and the VanEd practice tests I passed my CO broker exam first time!! Thank you Jennifer! 💪🏼
That’s awesome!! Congrats!!!
Thanks so much!
About to watch all these videos! Thanks so much.
I’m taking my test tomorrow. Passed national but that CO state exam sure is a fun one!
How did it go??? CO one is so tough!!
What a great video! I have a video breaking down all of the fees someone would expect after they've passed the exam with your help!
That's awesome! Thank you!
Need some help. I have now failed the state exam three times. What do I need to do? I’ve memorized Jen’s videos, looked at agent prep, read numerous sections in VanEd, reviewed the colorado state real estate site, and also reviewed the Rocky Mountain real estate videos. For whatever reason, these questions on the exam are throwing me off or I’m not understanding things. Any advice or what I should do to get past these tricky questions. I test next Tuesday….again.
When you read the question on the exam (or try with the practice exams) before reading the multiple choice options, think of the answer in your head (or write it down on scratch paper). The multiple choice options try to throw you off by providing 2-3 semi-right answers and 1 completely right one. Simplify the question, think of the answer, then read the multiple choice options and quickly pick whichever one is closest. Hope that helps!
You are so great. Thank you for these videos and all of your resources. Your information is precisely what I was looking for.
I'm so happy I was able to help! Let me know if you have any questions!
@@JenniferBergman Thank you so much. It is incredible to gain info in a way that resonates and that I can fully absorb. It is a key feature that you pause intermittently with that moment of silence. I am making up acronyms with my 3 year old and teaching her too! Lol. It's a long shot but I feel so blessed to have found your content as a resource and you as a mentor. Also, the first video I watched from you was posted August 25th 2020. I was born this day and a lot has happened over the last few years. I am thankful for this sign as a blessing to our future! I will definitely keep in touch!
@@cbrae25 That's so awesome to hear! I made most of the videos while I was studying and used them myself and I definitely never knew the answer right away so I understand how necessary the pause is haha. Now I will not forget your birthday either! I'm so glad we connected and please reach out if you have any questions and to update me on your journey!!
First- Thank You So Much for These Videos! Hopefully I will see you out there on the playground soon 😉
☆Anyways☆
When they do the classes in my school- they use the acronym COLD-AC for the Fiduciary Duties.
Confidentiality, Obedience, Loyalty, Disclosure, Accounting, (Reasonable) Care. I didn't see Accounting as one of the Fiduciary Duties listed. Can I ask why not? Thank you 😊
Also- I noticed that they dropped the "Due Diligence" part... 🤔
Also- how is the question about representing a buyer and seller at the same time false- when you have the ability to be a Transaction Broker? Technically, of course- a Transaction Broker does not have the same responsibilities as, say, someone involved in a Dual Contract... but, I am still confused. Lol because you said that the only way to represent both parties is to be a Transaction Broker in Colorado, which would make that answer True- Not False. So I'm wondering what the answer is on an exam.
#2 is Adverse Possession
Thank you for these! It’s hard to find good study content for our state. I’ve been testing every Monday for weeks and I’m officially frustrated. That CO exam is tough! Do you have any other tips?
I agree! Not much study material for Colorado and we have a tough exam! Check out a few of my more recent videos (especially the ones I posted after I passed the exam) and I think those will really help you out!
hi! do you have any updates on how your exams went?
These are super informational, thank you!! I'm taking the CO Broker exam soon! Could you possibly post another video on essential CO Broker exam questions to know?
Elena Collins thank you so much!! I’m so happy to hear they’re helping! And yes of course! When is your test?
This was so informative and helpful! I’m in the process of wanting to become a broker as CO is super up and coming right now. I wanted to know where you would recommend going online to obtain a CO broker license, or what would be the company/website you’d recommend to best help in getting prep for it. There’s so many out there so I’d love a current realtors take and advice on this
Ashley W I’m so glad it helped you’re so sweet! I’m actually not a current realtor (I’ve interviewed with 5 brokerages this week so I’ll be making a decision soon!) I’m currently finishing the online VanEd program. I struggled to retain the info online which is why I started making videos. Prep agent is a super helpful resource. Listening to audio and breaking everything down and making it simple helped me a ton.
Thank you for this video. 😃
Thank you for watching!!
Do you have anything that breaks down trust accounts? Here is the question I got...
If a small brokerage firm has 4 earnest money deposits while managing 6 single family residential units. They have accepted 6 security deposits from the respective tenants. At a MINIMUM, they must maintain how many escrow accounts?
Answer is one... but I thought earnest money had to be kept separate? I"m confused?
I thought the answer was 3! One each for security deposits, escrow accounts, and rents
Got any more questions this is helpful
Thank you for the video! Question can I take the national and state exam separately or do I have it take both sections at once?
I have a question. If I completed my 168 hrs, Do I need to pass the schools exam in order to continue to take the PSI exam?
I'm at the tail end of my course! Hoping to take the tests by the end of the month! I've been going back and retaking the practice exams through my course ... Hopefully I pass the first time! I'm ready for a new career!
It sounds like you've put in the work and you're ready to go!! That's awesome
Thank you! Im excited. Wondering how many questions about the closing statement are on there... My practice tests are like... What line is blah blah. Should I memorize that??
@@jessicadorcey7541 from what people who have already passed have told me don't focus on memorizing the lines, focus on know the debits/credits and you'll be good!
@@jessicadorcey7541 For example: The recording fee for a new deed of trust is a? debit to the buyer. Know those kinds of questions
I was wondering what is the best place to learn real estate!
I have all of my suggestions and what I used in the descriptions of my videos! Let me know if you have any questions about them!
I'm in Colorado real estate school, I feel like a ton of these questions were not covered in the course, I'm so scared to take the test!
There's so many different types of questions, so don't stress about the exact questions.
I came to the comments section to say the same thing! I've taken the practice exams several times through CREschool and never saw questions like the developer question here or the signature line. And I thought due to Conway-Bogues that brokers can't draft contracts - but one of the questions on the video says brokers can prepare legal docs - aren't legal docs and contracts the same! Makes me a little nervous. @Jennifer Bergman - thank you for posting these videos!
Just passed national today. Failed colorado state . Do you reccomend any other study tools for state specifically? I’ve watched all your videos and they’ve helped me so much ! Just want to find every resource possible !
The CO exam is so tough! That's why I made videos, unfortunately there isn't too many resources out there. The practice exams are really what made it stick for me. I would also record the answers I kept getting wrong on my iPhone so I could listen to them while I was driving or running.
Rocky Mountain Real Eatate School has an Awesome video for Colorado. I mean, it isn't high tech or anything, but the information is Awesome... The guy that does the lecture actually wrote a book on it. If you email him, he might just send it to you for free... just look in the comments section for his email. It's in the comment that asks where you can get the 📖book. I hope that helped! 🙂
J P Thank you. I retake my colorado test tomorrow. I’ll look up his videos and pray for the best !! Jens videos are an absolute must also !!
Passed my test!!!!!!! Jen I listed to you all the way to ft Collins to take my test !🤗 you are my best friend and you didn’t even know it !!😜
@@debbiegonzalez3624 hahaha I am so happy to be your best friend and even more excited you passed!! If you make a facebook or intsagram let me know so I can follow your journey as wel!! Huge congrats!!!
Hello, I am almost ready to take my exam and videos like this help! I was wondering how you went about signing up and taking the exam? I tried signing up through the PSI website and I ended up paying but didn’t end up with a test registration. I wondering if you had any pointers to go about this? Thank you :)
CloudedClouds awesome! Thank you for letting me know! Please let me know how you do and what you think is the hardest part of the test after you PASS :)
The good news is once you pay that money isn’t going anywhere you just need to register now. With Covid I’ve heard they’re a little backed out so I would sign up for a date ASAP. Go to www.psiexams.coms or you can call the service center and book over the phone.
I’m excited for you!
@@JenniferBergman Thanks! I am scheduled for middle of October. I will let you know how it goes!
CloudedClouds perfect! I’ll have a CO video up in the next week :) I would also love to know which brokerage you end up with!
If you pass one and fail the other, do you have to retake both when you reschedule?
Nope! Once you pass one you don’t have to take it again, just the portion that you didn’t pass.
For the holdover period - is this negotiated by the buyer/seller or is there a specific timeframe for days after listing expires?
I remember seeing this on the exam and got stuck..
Usually the holdover clause will state something like “the seller is liable to pay the commission should the property sell within x amount of days after the listing expires” so it should always be negotiable.
@@JenniferBergman Thank you!
@@ghostvader9560 no problem!
Hey Jennifer. I'm going to sit for the CO reciprocal Broker's license. Anything I should know that's specific for the Broker exam?
Yes know your contracts and closings really well!
@@JenniferBergman Thanks!! I'll watch your videos! If you have anything else to suggest, please let me know! (Great videos btw)
@@jbmcdoogle Watch my video on Contracts a few times, I remember lots of those questions being on the test. There wasn't much math so you don't have to worry about that. Just stay relaxed during the exam don't let the fancy wording trip you up!
Has the maximum penalty risen since this video? I have been reading $16,000 so I'm wondering if I should go by this or was the website incorrect 🤔 lol
I would ask someone in your school to be sure!
@@JenniferBergman ty. Im so happy to see that you reply to ppl. Of course, this is 🔑 in this line of work... but... we both know that is a 🔑 most people don't turn. 🤷♀️ not sure why... but...
Either way- Ty so much.
@@jp6553 of course! And thank you! I’d answer your question if I 100% knew the answer I just don’t want to mislead you!
How long is the holdover period in Colorado? I cant find this answer anywhere and I saw it on the test. I chose 90 days because i wasnt sure.
The holdover period is always negotiable. For the test remember that as agents, we fill in the blanks for contracts, we don't create them. So those "blanks" are usually negotiable when it comes to things like when a contract expires, holdover periods, post-occupancy agreements, etc.
@@JenniferBergman Oh Dang I got it wrong again then. But I passed today!! Finally done studying!!!
@@Damsheba congrats!!! What brokerage are you going with??
@@JenniferBergman Honestly I’m not sure. I’ve done a little research but I haven’t chosen anything yet. Any recommendations for a newbie? I’m currently a State Farm agent and I talk to buyers and sellers all day. I have the relationships and even some up coming deals but I want to make sure I’m making the best decision when it comes to commissions and getting the training I’ll need.
@@Damsheba It took me over 6 weeks to decide, I made a couple videos on it but I was so stressed out overthinking it. I almost went with eXp or joined a team, but I’m really happy with my decision to go as a solo agent with Coldwell Banker. I’m barely two weeks in but I’ve met with my managing broker/success coach multiple times and have a couple interested buyers and sellers. There’s tons of support for me but every office and team is different so definitely do a few interviews. Since you’re already involved with buyers and sellers I don’t think you need a team! Go somewhere as a solo agent and keep your commission :) keep me updated!
Your reviews and questions are not relevant to the state portion of the exam.
My reviews and questions are completely relevant to the state portion and national portion of both exams. So I’m sorry but your comment is irrelevant.
@@JenniferBergman did you post your videos before or after? I took the exam and no heart feeling, I took the state portion? Your videos are irrelevant to the State portion. Nothing personal.
@@tti4919 both. On the State and National portion of the exams I only missed 3 questions total. Then I posted most videos. Most of my videos are state specific, that is why I started this channel. So no hard feelings but you are completely wrong and please leave my channel. Not sure why you’re here.
@@JenniferBergman make me leave your channel, you cannot take criticism, no heart feeling. You want attention and everyone to clap great jobs. My experience with your lessons were suck and were not successful. I will take a screen shot of what you wrote. Maybe you feel threatened and don't want other's to pass. I don't care what you got in your exam. I never asked I just passed and wanted to pass. This is not a GPA ain't trying to get to Yale.