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The Skinny On Me Week 27: Real Estate, Schmeal Estate

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Good morning, minions!

I know the posting schedule has been a little out of whack lately and for that I apologize. I hope y’all know that you and this blog mean more to me than I could ever explain, and I hate that I have neglected it.

I feel like a bad mom 🙁 Unlike full-time bloggers (which I so hope to be one day), I don’t have a reserve of recipes and photos stocked up on my computer, so the things that you see here are usually cooked & photographed the day before I post them. Sassy Hour you see on the same exact day. So because of the move and this class, time has been hard to come by these days.

The hubs and I have spent every waking hour of the past four weeks studying our behinds off, hoping beyond hope that we would pass this real estate exam.

Today, I’m going to give you a little break down of what we have been up against.

Every Tuesday and Wednesday since October 2nd we have been driving to Greenville, NC (which is about an hour and fifteen minutes away from us) to attend a pre-licensing real estate course. The class was from 9-5, and we were basically taught the entire real estate practice in a little over a month. We were given a textbook the size of The Deathly Hallows x 2, a 100 and something page workbook, a real estate math workbook, a practice exam, and two audio CDs on Finance & Appraisal.

That may not seem a lot, but let me just tell you…it was!

Before we even started the class I really could care less about the profession. I had absolutely no desire whatsoever to be a salesperson, in fact, the thought of being a brown nosing, suck up who would do whatever it took to make a sale made my skin crawl. If you know me personally, you know that I am not that kind of person. I am incredibly strong willed, and I stand firm in my character and in my beliefs. I am the type of person who will tell you the truth for your own well being, no matter if you want to hear it or not. So sales?

Yeah…not so much.

I could never sell something I didn’t believe in, and I couldn’t live with myself if I fabricated facts just to make a buck. To me, that’s what sales were all about.

Money.

Now let me be clear here, I’m not saying that all sales people are shady…I’m just saying that some of them are and some of them just have what it takes to be successful while being honest and hardworking at the same time.

Take my brother & brother-in-law for example. They are both real estate brokers, and they both run very, very successful businesses. They aren’t shady, dishonest, untrustworthy or brown nosing at all. My BIL is actually the main reason why we moved to NC in the first place. His business is doing so well he needs more brokers, but he only wants to hire people he can trust.

And that’s where we come in.

After many tear fueled temper tantrums, the hubs talked me in to moving here, and it seems like we’ll be here for a while.

The first day of class I felt like Jasmine on a magic carpet because my eyes were opened to a whole new world. Our instructor dove head first into the lessons, and I was flabbergasted by how much I truly enjoyed learning about real estate and its concepts and laws. Our teacher made his character very clear, and he had every intention of showing us how to be successful in an honest, fulfilling, and lawful way.

I was hooked.

We studied land surveying, contracts, home inspections, Equal Opportunity Housing laws, building codes, construction, finance, appraisal, contract law, a hundred million vocabulary terms, agency contracts, NC real estate law and code of ethics…and the list goes on and on. Like, seriously, my head almost exploded ON THE FIRST DAY and we had like eight more days crammed full of knowledge left after that.

That was just the beginning…

While cramming for this course, we have had the tests looming over our heads, taunting us into studying to our breaking point. We were/are expected to take not one, but two exams that we have to get at least a 75% on in order to be licensed. I’m obligated to not go into specifics about the exams themselves, but I can tell you that it wasn’t pretty.

We took our first exam yesterday, and to say it was one of the hardest things I’ve ever had to do would be an understatement. You can’t just learn what a word means and expect to excel on these exams. Oh no, no…you have to know the terms, apply them, know what’s true and isn’t true about them, and then know what the opposite is about them too.

Confused?

You have no idea.

I’m so disappointed with how poorly I think did. I didn’t manage my time well, and I had to rush through the end in order to get everything answered before my time was up. There were several questions that I had to just bubble in because I didn’t have the time to read the question. The moment I was done, I walked right out the door, got into the car, and I cried the entire way home.

The.entire.way.

My husband is just so lucky isn’t he 😉

I cried because I’m almost certain I’m not going to pass.

I cried because if I don’t pass, I’m going to have to do it all over again.

I cried because if I do pass then I’m still going to have to take it all over again.

I cried because I have to wait 3-7 days for my results.

I cried because I worked my hiney off preparing for that exam, and I feel like I let myself down. I know that I did everything in my power to learn the material…we did all of the end of the chapter reviews, practice exams, study questions, etc…and I still don’t think it was enough.

I cried because I want my license so badly now…and I feel like it’s just out of my reach.

Getting to know you…

Have you ever worked hard for something that you couldn’t obtain?

Have you ever worked in sales?

What is your dream job?

Love y'all!
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6 Comments
  • Mia
    November 5, 2012

    GIRL! Don’t you fret – leave it up to God, and it will work itself out. Oh wait, I’m behind in life and just checked for an update – you passed – CONGRATULATIONS!!! That is so exciting. I now am going to ask you all my real estate questions. I was thinking about buying a HUD home as an investment…advise? And I need to rent out my dad’s place? Advice? LOL. J/K. Unless you actually want to give advice. I’m generally a good test taker with relatively little study effort, but I put A LOT of time and effort (and tears) into studying for the first part of my medical boards and my score was definitely disappointing. I passed, but your actual score also matters when you apply to residency. That step is still a little ways off, so I get a bit nauseous every time I think about how much I studied, how poorly I did, and how that may keep me out of the residency program I want. Time to take my own advice and give it up to God… Glad you passed. So awesome!

    • amber
      November 6, 2012

      Thanks, girl! Will and I both studied so hard for that exam, and I was completely devastated after I took it. I did not believe at all that I passed, and it broke my heart. I’m so glad I did, and lucky for us our actual score doesn’t matter. We just needed to pass! As for advice, if I were you I’d talk to a financial adviser or someone who can give you advice about investments before you go looking for a HUD house to buy. They’d be able to give you better insight than a real estate broker could. As for renting out your dad’s home, have you looked into property management companies? I think that would be your best bet for that. You would only have to pay them a certain percentage of the rent (which depends on their firm), and they take care of practically *EVERYTHING* for you. They’ll act as the landlords, interview applicants, handle evictions, handle rent payments, etc. If I had a house that needed to be rented out, that’s the way I’d go for sure. Good luck with your residency program! When do you find out if you got it or not?

  • Mia
    November 7, 2012

    Girl, please! A better question is when will I be close enough to graduation to apply to residency programs? Its still a few years away. Its such a crazy process…I’ll have to tell you about it sometime. I’m on a mission to educate the world about how this mess works. LOL. I hadn’t thought about talking to a finance person about an investment property; I don’t know why. Good idea. Thanks!

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