Use our free Real Estate practice exams to pass the Real Estate License Exam – an assessment taken by candidates who wish to become a Real Estate Agent or Broker. We may earn a commission when you buy through some links on the site. You May Like: Nys Real Estate Exam Dates 2021 Free Real Estate Practice Exams Dave Evangelisti * Monday through Friday at PSI’s testing centers, located in Baltimore, College Park, Crofton, Hagerstown, Lanham and Brainseed Testing Services Test dates are by appointment only and confirmed in writing. The exam is by computer and is two hours in length. The examination fee is paid directly to the exam vendor, PSI. After passing each portion please allow 3-5 business days to receive an e-mail with your registration number and application instructions. Examinations for all real estate license categories are given daily*. PSI Examination Services provides examination services for the Real Estate Commission. Keep this in mind when you are practicing! Exam & Psi Information: We interview over 500 test-takers per year so our company has a much better knowledge of what questions you will find on your real estate exam. The above 5 questions are a sample of what you will see on your real estate exam. The borrower gives a mortgage to the lender. What is the difference between a Mortgagor and a Mortgagee? The grantor gives, sells, or transfers the property to the grantee. What is the difference between a Grantor and A Grantee? Truth in Lending is intended to do away with deceptive financing tactics. The primary purpose of Truth in Lending is to: What are the 6 Fiduciary Duties of a Real Estate Agent? What are the four kinds of real estate ownership? For the state portion, do not trust ANY real estate exam prep website as these questions change all the time due to State laws. The real estate exam practice exam questions below are for the national portion. What Kind Of Questions Are On The Real Estate ExamĪs you guys know, the real estate exam is broken up into a national section and a state section. Make sure to check your states specific real estate exam requirements to know exactly what you should expect. You should expect questions involving any or all of the following content areas: You will have between 2-4 hours to complete your exam. ![]() In general, you should expect your real estate licensing exam to be around 100-150 multiple choice questions this includes about 60-80 state-specific questions, and about 80-100 questions related to generally universal real estate concepts. For both portions of the exam, you will be asked to show knowledge and proficiency in real estate policies, practices, terminology, responsibilities, and expectations. ![]() For most candidates, this exam will include a national portion as well as a state-specific portion. Once you have qualified to take the exam, you will then prepare for and take a state-administered real estate licensing exam. The specific course curriculum and number of hours required is determined by the real estate commission in your home state. In order to qualify to take your states real estate licensing exam, you will first have to complete a state-specific prelicensing education program. PSI Real Estate Exam – 2022 (Part 1) ð? 18 Questions With Explained Answers.Īs previously mentioned, there is no single national real estate exam or program of study to become a Real Estate Agent.
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