License Law Rewrite and Broker Exam

I am happy to see the state passed the rewrite, it's something we have needed for a long time. In the short term, it will certainly cause some confusion, but over the long haul I believe it will pay dividends for the industry. As for the exam, the pass rate for the first 45 days or so has been around 39%, rather abysmal to say the least. The biggest problem has been the lack of study material available to date. I spoke to the folks at ExamSmart and they tell me the new simulator should be up and running next week. I also have it on good authority that AMP is doing some "Tweeking" to the state exam based on feedback from several sources. All of these things together should begin to show better results in the near future. For those who will be transitioning to Broker or Broker Manager status, will be able to take a proficiency exam, if passed they will not have to take the regular exam. I do not believe the proficiency exam has been created yet, so I don't know at this point what that will entail. As soon as it becomes available, I will try to get a copy. Stay tuned