Is the real estate exam hard NJ?
For example, the New Jersey Real Estate Licensing exam has: 12 of the 110 questions on “The practice of real estate” … 22 of the 110 questions—20% of the entire exam!
How long does it take to study for NJ real estate exam?
To qualify for a broker’s license, you must complete 150 hours of pre-license studies, along with a 90 hour general real estate course, coupled with two 30 hour courses on Agency Ethics, Office Management, and other topics related to business.
Is it hard to get real estate license in NJ?
The steps to get a real estate license in New Jersey are very straightforward, especially in comparison to other states. You need to complete 75 hours of pre-licensing courses, pass the real estate exam, choose a sponsoring broker, and submit your application.
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!
Can you take the NJ real estate exam online?
NJ Real Estate Licensing Candidates can now take their State Examination remotely! Suppose you were thinking about getting your NJ Real Estate Broker License, or someone you know is seeking a career in real estate. Students can now take the course and exam online in a safe, secure, and convenient way.
How many times can you retake the 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.
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.
How much does a realtor make in NJ?
Salaries by years of experience in New Jersey
|Years of experience||Per year|
|1 to 2 years||$71,365|
|3 to 5 years||–|
|6 to 9 years||$90,750|
|More than 10 years||$88,911|
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.
How long does it take to get a NJ real estate license?
Depending upon the volume of work pending at the time of the Commission’s receipt of it, the processing of a complete and correct application related to a salesperson or broker/salesperson license may take from two to four weeks.
How many questions is 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.
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.
Does the real estate exam have math?
No matter what state you are wanting to get a real estate license in, you can expect to see math questions on the exam. While the number of math questions on the exam varies from state-to-state, the total number of math-related questions is somewhere between 10-15%.