{"podcast":{"title":"Real Estate Exam Prep","slug":"real-estate-exam-prep-7644240","podcast_index_feed_id":7644240,"rss_url":"https://feeds.captivate.fm/real-estate-exam-prep/","website_url":"https://open-exam-prep.com/","image_url":"https://artwork.captivate.fm/ff310a38-edcf-4695-a34b-1e37363cf18c/20260105-1153-Real-Estate-Exam-Prep-simple-compose-01ke7vg1ycez.png","author":"Ran Chen, EA, CFP®","episode_count":200,"summary":"Real Estate Exam Prep is a daily podcast designed to help future real estate agents pass their licensing exams with clarity and confidence. Built and operated by OpenExamPrep, this podcast breaks down the real estate exam into focused, easy-to-digest episodes covering both the national portion and state-specific requirements. Each episode targets one key concept, common exam trap, or high-frequency test topic—making it ideal for studying during commutes, workouts, or short study sessions. Created by Ran Chen, EA, CFP®, a financial professional and exam specialist who has personally passed multiple professional licensing exams, Real Estate Exam Prep was developed from firsthand experience with how difficult—and often poorly taught—exam material can be. The goal is simple: make exam preparation clearer, more accessible, and more effective using structured explanations and modern learning tools. Whether you’re just starting your real estate exam journey or reviewing before test day, this podcast is designed to guide you step by step—one concept at a time. Free practice tools, AI-powered explanations, and additional exam prep resources are available at: https://open-exam-prep.com/","last_synced_at":"2026-07-24T10:19:44.042338+00:00","page_url":"https://stenobird.com/podcast/real-estate-exam-prep-7644240"},"episode":{"title":"Real Estate Exam [California] 22, Sales Comparison Approach and CMA","slug":"real-estate-exam-california-22-sales-comparison-approach-and-cma","published_at":"2026-06-26T00:21:14+00:00","page_url":"https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-california-22-sales-comparison-approach-and-cma","show_page_url":"https://stenobird.com/podcast/real-estate-exam-prep-7644240","url":"https://open-exam-prep.com/","audio_url":"https://episodes.captivate.fm/episode/af854855-3a87-4df3-96e5-d6270daf72de.mp3","summary":"This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The Sales Comparison Approach is based on the principle of substitution, where value is determined by what a similar property recently sold for. - The golden rule of adjustments: Always adjust the comparable property's price, never the subject property's price. - The mnemonic for adjustments: CIA (Comparable Inferior, Add) and CBS (Comparable Better, Subtract). - The difference between a Comparative Market Analysis (CMA) prepared by a licensee for pricing, and a formal appraisal conducted by a licensed appraiser for lending purposes. - The concept of bracketing, where an appraiser selects comps that are both superior and inferior to the subject property to establish a credible value range. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep","meta_description":"This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionat…","key_points":[],"chapters":[],"topics":[],"duration_seconds":198,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/real-estate-exam-prep-7644240/episodes/real-estate-exam-california-22-sales-comparison-approach-and-cma/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-california-22-sales-comparison-approach-and-cma.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}