AceableAgent Tackles Nearly 50% Real Estate Exam Fail Rate

Austin-based education company utilizes proven adult learning techniques for retention and understanding

AUSTIN, Texas, Feb. 21, 2018 /PRNewswire-iReach/ -- It's no secret in the Texas real estate industry that nearly half of all applicants fail the licensing exam. AceableAgent, an Austin-based real estate education company providing pre-license and continuing education courses, is tackling these daunting rates.

"We saw a gap in the industry that we wanted to close," stated Blake Garrett, CEO of AceableAgent. "We have a group of students putting in a ton of work to prepare for this momentous event of getting their license who fall flat when they reach the final exam." The goal? A 90% first-time exam pass rate with a pass-the-test money-back guarantee and continued industry success after licensing for all AceableAgent students.

"These student fail rates are the clear result of poorly developed learning content for a group of adult learners who likely haven't been in an educational environment for years," stated Marcela Gomez, Learning Experience Manager at AceableAgent. Gomez leads a team of educational experts who build all AceableAgent courses using proven adult educational pedagogies. This is a drastic contrast to an industry that relies on PDFs or outdated text for reading materials.

AceableAgent's novel approach is quickly making waves with industry experts. Chris Heller, CEO of mello Home and former CEO of Keller Williams, sits on AceableAgent's advisory board. "Throughout my first conversations with Blake, I was incredibly impressed by the combination of adult learning theory with modern day, success-focused content," said Heller. "Knowing the industry is ripe for educational change, I wanted to be part of their mission."

When asked about course development, Gomez emphasized process. "We've created our courses following the six assumptions of Adult Learning Theory, things that seem simple but make a huge difference in education," she explained. "Some examples of these assumptions are that adult learners want to know why they need to know something, and they want to learn things they can apply to the real world immediately."

One instance of how these learning theories are applied can be seen in the fact that adults learn by doing though active practice and participation. For this reason, features like adaptive level assessments and contract simulations that allow students to practice filling out a contract have been included in the courses. Studies have shown that student understanding of concepts can improve from around 20% after the use of traditional methods to just under 90% after active-engagement methods were introduced teaching the same topic.

"We plan to incorporate VR simulations in future updates and already have a few ready to be implemented," Gomez stated when asked about future interactive plans. The courses also aim to help agents succeed after licensing by providing real-world content from experts in the real estate industry.

AceableAgent is currently approved by the Texas Real Estate Commission to provide pre-license and continuing education courses to real estate professionals in Texas with plans to expand to additional states in the future.

About AceableAgent

AceableAgent is a mobile education company that focuses on effective, engaging and convenient educational content across all devices. Built by former teachers, NASA engineers and those passionate about education, the Austin-based team is obsessed with helping people overcome life's licensing and career challenges. Built by Aceable, the same parent company that provides state-certified drivers ed and defensive driving to more than 400,000 users, AceableAgent is the company's next mission in improving licensing education. For more information about AceableAgent visit www.AceableAgent.com.

Media Contact: Amanda Hagley, AceableAgent, 855-637-1886, Amanda@AceableAgent.com

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SOURCE AceableAgent



2018

Tags

Banking & Financial Services, Real Estate, Residential Real Estate, Higher Education


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