"It consists of a combination of a national exam and a state exam. In my state of Massachusetts, for example, the exam consists of 120 questions, 80 of which are about national real estate principles and 40 about state-specific laws. Our exam does include math, as do many state exams, so it's a must to brush up on your basic math skills."
"The most common topics covered in the real estate exam are: State-specific topic (example for Massachusetts) Contracts Financing General principles of agency Land use controls and regulations Property condition and disclosures Property Ownership Real estate calculations Specialty areas Transfer of title Valuation and market analysis Duties and Powers of the Board of Registration of Real Estate Licensing requirements Massachusetts Fair Housing Law Requirements governing licensees Look to your state's real estate board website or search on one of our favorite education companies"
Real estate licensing exams are typically multiple-choice and combine national and state-specific portions, with total questions often ranging from 75 to 150. Some states use specific formats such as 120 questions with an 80/40 national-to-state split. Many exams include basic math, so reviewing calculations is important. Most exams are administered online at testing centers or via remote proctoring, with common time limits of two to four hours. Typical subject areas include contracts, financing, agency principles, property ownership and condition, disclosures, valuation, title transfer, land use, licensing rules, and fair housing.
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