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Everything you need to know to earn a Real Estate license!

What is a Real Estate license?

A real estate license, issued by state governments, enables agents and brokers to represent a home seller or buyer in the process of buying or selling real estate.

A real estate license gives realtors the legal ability to sell, broker, or rent real estate to prospective tenants and buyers on behalf of a real estate brokerage. Thus, in order to legally work in real estate, you definitely need to procure a real estate license in the states where you want to work, with the requirements vary from state to state.

Classes are available in person and online, but your courses and school must be approved by your state's real estate licensing authority.

What a Real Estate license can do for you?

Becoming a professional real estate agent is a combination of investing time in pre-licensing education, passing the state requirements and national real estate licensing exam, and finding a broker and resources to help you kick start your real estate career. Note that each step in the way of getting your license may vary slightly by state, so it's important to check your state's requirements.

How hard is the Real Estate exam?

The fact is there's no single national real estate exam or program of study to become a Real Estate Agent. In order to be qualified to take your state’s real estate licensing exam, you will first have to complete a state-specific prelicensing education program. The specific course curriculum and the number of hours required are determined by the real estate commission in your home state.

Once you have qualified to take the exam, then you will prepare for and take a state-administered real estate exam. For most test-takers, this exam will include a national portion as well as a state-specific portion. For both portions of the exam, you will be asked to show knowledge and proficiency in real estate policies, practices, terminology, responsibilities, and expectations. 

Generally, you should expect your real estate licensing exam to be around 100-150 multiple choice questions; this consists of about 60-80 state-specific questions and about 80-100 questions related to generally universal real estate concepts. You will have from 2 to 4 hours to complete your exam. Questions may involve any or all of the following content areas:

  • Real Property Characteristics
  • Freehold Estates
  • Real Estate Ownership
  • Land and Property Descriptions
  • Monetary and Non-Monetary Incumbrances
  • Local, State, and other Government Restrictions
  • Real Property Liens
  • Agency and Agency Relationships
  • Real Estate Brokerage
  • Buyer and Listing Agency Agreements
  • Contract Law
  • Transfer of Property Title
  • Financing Principles
  • Property Management
  • Leasing
  • Appraisals
  • Investment Analysis
  • Real Property Environmental Issues
  • Settlement

Be sure to check your state’s specific real estate exam requirements to know exactly what you should expect.

As you can see, it is so important to be fully ready before taking the Real Estate Licensing Exam. It is vital to use the appropriate Real Estate practice Exams and study materials to ensure success.

How to pass the Real Estate exam?

Each state has its own specific prelicensing education requirements in order to be eligible to take the Real Estate Licensing Exam. Remember to check your own state requirements in order to see all requirements to becoming a licensed Real Estate Agent. 

SCORES

Most states require a minimum score of 70-75% corrector more in order to pass the real estate exam.

FAQs

HOW MANY QUESTIONS ARE ON THE REAL ESTATE EXAM?

All states have their own specific test. Check your state for detailed information.

Generally speaking, you should expect your real estate exam to be around 100-150 multiple choice questions; about 60-80 state-specific questions, and about 80-100 questions related to generally universal real estate concepts.

You will have from 2 to 4 hours to complete your exam.

 

WHAT IS THE BEST WAY TO STUDY FOR THE REAL ESTATE EXAM?

Before you qualify to take the exam, you will be required to take a number of hours of pre-licensure classes.

This curriculum is meant to help prepare you for your state-specific exam, so make sure you keep these materials and continue to study them after the course has been completed.

Beyond that, it is definitely necessary that you use all available free real estate practice exams and study resources available online.

You can find a comprehensive list of free real estate practice exams, sample questions, study guides, flashcards, and more resources on our website.

 

IS THE REAL ESTATE LICENSING EXAM MULTIPLE CHOICE?

The answer is Yes. Generally, you should expect 60-80 state-specific multiple-choice questions and around 80-100 multiple-choice questions on general real estate concepts.

The test is usually divided into two sections and test-takers are expected to pass both sections. You will have  2-4 hours to finish your exam.

 

HOW MUCH DOES IT COST TO EARN YOUR REAL ESTATE LICENSE?

There are more costs associated with getting your real estate license than just the cost of the exam itself.

While the exam itself is usually around $100, you should expect to spend an additional $200-$500 on pre-licensing classes, license applications, background checks, and other costs.

We also have a proper practice test for each state, so our Real Estate PRACTICE EXAM is available for all states: North Carolina, California, Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Washington, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, District of Columbia, West Virginia, Wisconsin, Wyoming, Louisiana.

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