How many questions are on the New Jersey real estate exam?

The salesperson exam consists of 110 questions. To pass, you must answer correctly at least 77 questions, which represent 70% correct. The broker exam consists of 120 question. To pass, you must answer correctly at least 84 questions, which represent 70% correct.

What is the pass rate for the NJ real estate exam?

The passing rate for the New Jersey Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!

How difficult is the NJ real estate exam?

The passing score for the state exam is 70% (77 correct answers out of the 110 questions). … There are several reasons the pass rate is as low as it is. First, the material covered on the test falls well outside the experience of most candidates interested in real estate.

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How many math questions are on the NJ real estate exam?

However, on average, our data suggest that anywhere between 5 to 20 math questions are on each state’s real estate exam.

How many times can you take NJ real estate exam?

You are allowed three attempts to pass both the national and state law portions of the exam. If you do not both portions after three attempts, you must take 30 or 60 hours of additional education in order to retake the licensing exam.

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.

Can you take the NJ real estate exam online?

Individuals interested in a real estate license will now have the flexibility to take the test online or in person at a designated testing site. … The New Jersey Real Estate Commission (REC), a division of the New Jersey Department of Banking and Insurance, administers and enforces New Jersey’s real estate licensing law.

How much does a realtor make in NJ?

The average salary for a realtor is $78,278 per year in New Jersey.

How many math questions are on the real estate exam?

You can generally expect to see between 5 to 20 math questions on the state real estate exam. You might think math isn’t that important in real estate. After all, you’re concerned with buying and selling property.

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Do you have to memorize formulas for real estate exam?

Math formulas are an essential component to pass the exam and becoming a successful real estate broker or sales agent. Remember, practice makes perfect, so the more time you spend memorizing these formulas, the better off you will be.

Can you cheat on a real estate exam?

In my real estate exam study group, we had a young lady that got caught cheating. You can see above what she asks the group, and this is how she responded. … But if you are caught cheating, they can take your license or even prosecute you!

What type of math is on the real estate exam?

The National portion of the State exam includes 13 questions on ‘real estate calculations’. Most of the math questions you will see involve basic algebra.

Is the NJ real estate exam multiple choice?

All questions are multiple choice format with four answer choices provided for each question. Test takers are allotted 4 hours to complete each test. A score of at least 70% (77 correct out of 110) is required to pass.

What states have real estate license reciprocity with New Jersey?

New Jersey does not have reciprocity with any state. If you have any questions regarding the above please do not hesitate to contact the Commission at 609-292-7272.