Best answer: How many people fail the NJ real estate exam?

How hard is it to pass the real estate exam in NJ?

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 many times can you fail NJ real estate exam?

Alaska: There is no limit to how many times you can retake the test. They do specify that you should wait 24 hours before trying to take it again. There is also a $100 fee for each time you take the exam. Arizona: You can retake the exam within the six month period of purchasing your course.

What happens if you fail NJ real estate exam?

If you fail one portion of the examination, you will only need to register to retake the failed portion and pay an additional $95. You must pass both portions within 90 days of passing the first portion. If you do not pass both portions within the 90 days, you must retake both portions again.

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How long is the real estate exam in NJ?

The time limit allowed to complete the total New Jersey Real Estate salesperson exam is 4 hours. The state specific part of the New Jersey Real Estate Salesperson Exam is comprised of 30 questions and an examinee must answer 21 questions correct to pass (70% correct).

How do I pass the NJ 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.

Why is it so hard to pass the real estate exam?

These tests are demanding: You may see questions pertaining to the responsibilities of real estate professionals, certain national state and regulations, real estate finance, and real estate ethics, and you may even some moderately complex math problems. Simply put, this is a test that you need to study for.

How hard is it to pass the realtor 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 states do not require a real estate license?

Some states (such as Idaho, Maine and Vermont) do not require a real estate license to engage in property management. Other states (such as Montana, Oregon and South Carolina) allow property managers to work under a property management license rather than a broker’s license.

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