There is no single national real estate exam or program of study to become a Real Estate Agent. In order to qualify 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 number of hours required is determined by the real estate commission in your home state.
Once you have qualified to take the exam, you will then prepare for and take a state-administered real estate licensing exam. For most candidates, 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.
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. You will have between 2-4 hours to complete your exam. You should expect questions involving 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
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