27 Tricky Real Estate Exam Questions - Contracts & Agency

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These 27 real estate exam questions are designed to challenge even the most prepared test-takers. They focus on the kinds of tricky wording, subtle distinctions, and “gotcha” answers that often show up on the actual licensing exam—and trip up otherwise ready students.

👍🏼 Whether you're feeling confident or a little unsure, this video is your chance to:
✅ Spot where you might still be making mistakes
✅ Learn how to read questions more carefully
✅ Strengthen your understanding of real estate principles, finance, contracts, and practice
✅ Build the confidence you need to pass on your first try

Birdsy will walk you through the logic, offer memory tips, give real-life examples, and adjust its style to match the way you like to learn.

🎯 What's Included in This Video:

✅ Real Estate Contracts – Fundamentals
0:29 - Essential Elements of a Valid Contract
3:18 - Types of Contracts (Express, Implied, Bilateral, Unilateral)
5:38 - Offer, Counteroffer, and Acceptance
7:59 - Consideration and Legal Purpose
10:19 - Contract Performance and Discharge
12:47 - Breach of Contract and Remedies

✅ Agency Relationships and Responsibilities
14:14 - Creation of Agency (Express, Implied, Ratification, Estoppel)
15:41 - Types of Agency (Single, Dual, Designated, Transaction Broker)
17:26 - Fiduciary Duties (OLD CAR)
18:50 - Disclosure Requirements and Conflicts of Interest
20:30 - Termination of Agency Relationships

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👀 Looking for trusted, unbiased resources on real estate licensing and exam preparation? Check out these authoritative organizations:

✅ National Association of Realtors (NAR) 🏡: Explore industry insights, market trends, and professional guidance at https://realtor.org.
✅ Real Estate Educators Association (REEA) 📚: Access peer-reviewed research and educational materials at https://realestateeducators.org.
✅ Birdsy.ai 🚀: Improve your pass-potential using AI powered, personalized exam prep at https://Birdsy.ai.