Is It Better To Change My Answer Or Leave It The Same on a Multiple Choice Exam?

Imagine this… you are taking the state exam.  On one question, you select B.  You mark it to review later.  When you finish the test, you have eight questions marked for review.  You go back to look at the questions you marked.  As you read this particular question again, you now think the answer is C.  Should you keep your original answer or switch to a new answer?

The common advice is to stick to your first answer.  “Go with your gut”, they say.  “Trust your first instinct.”  That advice is generally wrong.

Bad Advice Is Based On Feelings Rather Than Facts

We tend to stick to the first answer because there is a feeling of regret we experience when changing the answer from correct to incorrect.  That feeling is unbearable.  I’ve seen it in class.  A student will answer a question right, then change it to wrong, and it kills them.  When they change from wrong to right, they pat themselves on the back, but don’t remember it two minutes later.

According to Why We Make Mistakes by Joseph T. Hallinan, three out of four college students believe they should stick with their first answer.  Most college professors believe it as well.  I have heard countless real estate instructors say to “Trust your initial hunch.  Don’t change your answer.”  But here’s the problem: that is terrible advice.

More Than 30 Scientific Studies That Contradict What You Probably Believe

We have more than 70 years of research on answer changing.  Most people who change their answers on the test improve their scores.  In 33 studies about this, not a single study showed that test-takers were hurt by changing their answers.  Let me say that again: Not a single study should that test-takers were hurt by changing their answers.

Many students – and even worse,  teachers – have this mistaken belief that they should not change their answer, but there is no evidence to support that.  Where does this erroneous belief come from?  If we are going to err, we would rather err by failing to do something than by doing something.

In the other words, the pain of changing from right to wrong is more painful than leaving the wrong answer wrong.

The other reason people believe they should not change their answer is based on a memory bias.  Justin Kruger, of New York University, found that students were more likely to get the problem wrong if they stuck with their first answer.  When asked how often they changed from right to wrong, they overestimated.  When asked how often they changed from wrong to right, they underestimated.  So we remember sticking with the first answer as being a better strategy than it actually was.

Consider Why You Are Changing Your Answer

Why did you switch?  Did you find something in a later question that gave you a clue to the earlier question?  Or maybe you realized you misread the question initially?  That’s a good reason to change.

But if it’s an arbitrary guess to another arbitrary guess, I’m not sure if that’s a good reason to switch.  Those are the ones where you are likely answering from wrong to wrong.  Changing your answer is most beneficial when you have a reason why the original answer might be wrong.  But the fact that you chose it first, should not be a factor.  That is the First Answer Fallacy.

First Answer Fallacy

In Adam Grant’s Think Again, he writes about a study of more than 1,500 exams, only 25% of the changes were from right to wrong, while 51% were from wrong to right.  The remaining 23% were from wrong to wrong.  So changes from wrong to right outnumbered changes from right to wrong two-to-one.

If you answered B, but are now considering changing it to C, the research shows you should change it to C.

There Isn’t One Rule You Can Follow

Like most things, there is not one single rule that works every time.  Sometimes you should change your answer.  Sometimes you should not.  But here is the one rule you can take to the bank:  don’t trust your gut.  Trust your brain.

If your brain tells you that C is probably right, change it to C – even if your gut tells you it’s B.  This is a test of knowledge, not of digestion.

 

Please note that Karen Climer has no affiliation with Climer School of Real Estate.  Her father, Ron Climer, sold Climer School of Real Estate in 2014.  It has since been involved in several mergers and acquisitions and is owned by a large investment company.  Karen owns Demetree School of Real Estate in Orlando, Florida.

By |2026-08-03T15:39:48-04:00August 3rd, 2026|

Who Makes The Florida Real Estate Laws?

If you didn’t like a real estate law and wanted it changed, how would you go about that?  This isn’t just a theoretical question.  It’s something you need to know for the Florida real estate sales associate exam.

First, let’s talk about laws vs. rules.  We have to follow laws or statutes.  These include state laws like Chapter 475 F.S., Chapter 455 F.S., and federal laws such as the Fair Housing Act or Real Estate Settlement Procedures Act.  If it’s a state law, it has to be passed by the Florida Legislature.

We also have to follow rules such as Chapter 61J2, FAC.  For our purposes, we will say that a rule is easier to pass than laws, but the consequences are violating it aren’t as severe.  That’s not 100% true in every case, but I think it’s true enough for our purposes.  Rules are passed by the Florida Real Estate Commission (FREC).

So, if you want a law changed, you need to talk to the Florida Legislature.  If you want a rule changed, you talk to the FREC.  You can remember that “law” and “legislature” both start with L.  FREC has a “R” in it, so it goes with “rule”.

Please note that neither I, nor anyone in the Climer family, have any affiliation with Climer School of Real Estate.  My father, Ron Climer, sold Climer School of Real Estate in 2014.  You can find me at Demetree School of Real Estate. 

By |2021-08-25T14:30:14-04:00April 23rd, 2018|

If You Want To Pass The Florida Real Estate Exam, Be Sure You Know The Definition Of Situs, Situs, Situs

The Florida real estate sale associate exam tests your knowledge of the word situs.  You probably learned in real estate school that situs is the economic quality of location that creates value.  You might not have learned how to remember it and not get it confused with the other hundred new words you learned.  I’ve got two short stories that might help you…

Almost fifteen years ago, I sold fixed-week timeshare.  Part of the sales pitch was that Orlando had more trading power than other cities because of location, location, location.  I tell my students that I never said, “location, location, location.”  It is more accurate to say, “situs, situs, situs.”  I might not have sold the most timeshare, but I used the appropriate terminology.  (It wasn’t long before the timeshare company had me teaching real estate classes instead of selling timeshare.)

Society, however, is not always interested in accuracy.  Sometimes we are interested in not offending anyone.  I think we’ve gone overboard with some of this politically correct language.  We no longer say that people are hungry.  Now we say they are “food insecure”.  Nobody lies anymore — we have “alternative facts”.  It is now inappropriate to say that someone lives in the ghetto, slum, or bad part of town.  A neighborhood where you might not want to live is one that has a “situs infection.”

A house that backs up to the train track is a house that has a “situs infection.”

There you have it — two ways to remember the definition of situs.

If this story helped you, check out my review class at Demetree School of Real Estate.  I’ve got a lot of stories just like these that will help you pass the Florida real estate sales associate state exam.

Please note that neither I, nor anyone in the Climer family, have any affiliation with Climer School of Real Estate.  My father, Ron Climer, sold Climer School of Real Estate in 2014.  You can find me at Demetree School of Real Estate. 

By |2021-08-25T14:31:58-04:00April 2nd, 2018|

Watch This Video Before You Even Attempt The Florida Real Estate Sales Association Exam!

Some of the math questions that are on the state exam have been on the state exam since the cavemen where chiseling the exam on stone walls.

Photo of the first real estate class. Researchers believe the lesson was a commission math problem. Cash had not been invented, so commissions were paid with animals (food). Some less-learned historians doubt the authenticity of this story.

I just posted a video about one of those questions.  You need to know how to figure the lots per acre on the state exam.  That’s worth one point.  You need to know how many square feet are in an acre.  There are a few questions that require that information.  Let’s say that’s worth about three points.

Click here for the video.  When you are sitting at the Pearson Vue center in stressful circumstances, and you see a question asking about lots per acre, you will feel a great sense of relief and be glad you took the few minutes to watch it.

Please note that neither I, nor anyone in the Climer family, have any affiliation with Climer School of Real Estate.  My father, Ron Climer, sold Climer School of Real Estate in 2014.  You can find me at Demetree School of Real Estate. 

By |2021-08-25T14:33:14-04:00March 27th, 2018|

Live From the FREC Meeting – What Is An Escrow Disbursement Order?

I’m sitting in the FREC meeting listening to EDOs.  What do all those acronyms mean?  More importantly, what do we need to know for the Florida real estate exam?

Members of the Florida Real Estate Commission are meeting for their monthly meeting. Every month, they issue escrow disbursement orders on several cases.

So let’s say that Buyer Black gives a $5,000 deposit to Real Estate Agent Ron.  Ron gives it to his broker by the end of the next business day.  The broker deposits it in the bank by the end of the third business day.  So far, so good.

Seller Sam accepts the offer.  They are closing in two weeks.

Well, something happens between now and closing and the deal goes south.  Buyer Black says, “Give me my deposit back.”

Seller Sam says, “You don’t get the deposit.  I get the deposit.”

Real Estate Agent Ron is stuck in the middle with the $5,000.  He has to give it to somebody but he’s not sure who.  This is call conflicting demands.  In this case, the first thing you should do is notify FREC within 15 days that we have a conflicting demand problem.

After that, you have to implement one of the four escape procedures or settlement procedures within 30 days.  The four procedures are mediate, escrow disbursement order, arbitrate, litigate.  I call this No Meal because if you have a conflicting demand problem, you are not getting your commission, which means you are getting No Meal.

NOtify FREC
Mediate
Escrow Disbursement Order
Arbitrate
Litigate

So let’s talk about each of the four escape procedures…

Mediate – This is where we hire a professional mediator.  The mediator says, “Give the money to the buyer.”  But this is non-binding so if the seller is not happy, he can sue.

Escrow Disbursement Order – This is where the Florida Real Estate Commission (FREC) decides. That’s what’s happening right now at the meeting.  The members of the Commission heard from the buyers and sellers in each case, and they decide who gets the money.

Arbitrate – This is where we hire a professional arbitrator and the arbitrator decides.  If the arbitrator says, “Give the money to the seller,” the buyer can’t sue.  Why not?  Because this is binding.  We agreed beforehand that no one would sue anyone.

Litigate – This is where we go to court and let the judge decide.

The two parties can choose any of the four things.  There is no hierarchy, so one is not better than the other.  Whatever method the buyer and seller agree to is fine.  Let’s say that they decide to go the EDO route.  The broker requests an escrow disbursement order.  The two parties realize that this is going to take a while, so one of them sues the other.  At that point, the broker has 10 days to notify FREC, “Never mind.  We don’t need your EDO anymore.  We’ve got it covered.”

In summary, notify FREC within 15 days.  Implement one of the for escape procedures within 30 days.  If you request an EDO, then decide to go another route, notify FREC within 10 days that you don’t need the EDO.

If you want to see this in action, come on down to the FREC meeting.  If you missed this one, they meet every month.  This is almost as much fun as real estate school was.

Please note that neither I, nor anyone in the Climer family, have any affiliation with Climer School of Real Estate.  My father, Ron Climer, sold Climer School of Real Estate in 2014.  You can find me at Demetree School of Real Estate. 

By |2021-08-25T14:39:00-04:00January 17th, 2018|
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