The affiliate broker exam consists of 80 national questions and 40 state-specific questions. To pass, you must correctly answer at least 56 of the national questions (70%) and 28 of the state questions (70%). The broker exam consists of 80 national questions and 50 state-specific questions.
How hard is the TN real estate exam?
Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.
What is the pass rate for TN real estate exam?
National Portion of the TN Exam
passed on the first attempt compared to the 57% state average.
What is on the TN real estate exam?
The state specific part of the Tennessee Real Estate Broker Exam is comprised of 50 questions and an examinee must answer 38 questions correctly to pass (75% correct). The time limit allowed for the state specific part of the Tennessee Real Estate Broker Exam is 90 minutes.
How many questions are on the Tennessee real estate exam?
The 60-hour Basic Principles of Real Estate final exam consists of 60 multiple-choice questions. You must achieve a score of 70% or 42 questions correct.
Which state has the hardest real estate exam?
Colorado is regarded as the hardest state since agents need to cover 160 hours of education, pass two tests, pass a background check, and be fingerprinted. In contrast, most other states require less than 100 education hours, with the majority falling with the 40-hour requirement.
How many times can you take the TN real estate exam?
The passing score for one section of an examination is valid for two (2) retakes of the failed section or six (6) months, whichever comes first. The examination fee will be forfeited if the candidate does not test within six (6) months of the date their exam fee is received by PSI.
How long does it take to get TN real estate license?
After completing a review of education and experience documentation, the Tennessee Real Estate Commission will inform candidates of eligibility for examination. The approval process takes approximately four (4) weeks to complete. Candidates may make an examination reservation after they have been approved.
What is the Florida Real Estate Commission?
The Florida Real Estate Commission (FREC) consists of seven members and meets monthly. The commission meeting is usually the third Tuesday and Wednesday of the month. The FREC administers and enforces the real estate license law, Chapter 475, Part I, Florida Statutes.
Is the TN real estate exam multiple choice?
Test Content: The Tennessee state real estate licensing exam is comprised of two separate portions, the national portion and the state-specific portion. … Both tests are comprised of multiple choice questions with four answer choices provided for each question.
How much does a realtor make in Tennessee?
According to Indeed, the average base salary for a Tennessee real estate agent is $78,940. To earn the average salary, a listing agent would need to sell roughly eight properties at the current median price each year. There are several factors that affect how much an individual real estate agent will earn.
How long is the real estate exam in TN?
For the broker exam, you are allowed 2 hours 30 minutes for the national portion and 1 hour 30 minutes for the state portion, for a total of 4 hours.
Is real estate exam multiple choice?
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.
What does PSI mean in real estate?
What is PSI? PSI Exams Online is a national provider for state licensing exams. If your licensing exam is administered through PSI Exams Online, it means they manage and administer your state’s licensing exam.
What is difference between real estate agent and realtor?
Real estate agents have a professional license to help people buy, sell, and rent real estate. … A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR). Members must comply with NAR’s strict Code of Ethics.