How do I schedule the Michigan real estate exam?

Where do I take the Michigan real estate exam?

​You must take the Michigan state licensing exam at a PSI testing center. There are seven PSI locations within the state of Michigan. However, you can take the state exam at any PSI testing center throughout the country.

Where do I schedule my real estate exam?

You can schedule your exam online at candidate.psiexams.com or by calling PSI’s Candidate Service Center at 1-800-733-9267. PSI advises that the fastest and most convenient way to schedule an exam is over the Internet. Online registration is available 24 hours a day.

Is the Michigan Real Estate exam open book?

Step #4: Take your exam

Next up, you need to schedule, take, and pass your Michigan real estate exam. Once LARA authorizes you to take this test, you can schedule it with PSI, the state’s testing partner. The test is closed-book and three hours long.

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How much does it cost to take the Michigan real estate exam?

The cost for examination is $76.00 and requires a passing score of 70%. The cost to retake the exam is $76.00. Prior to applying for the Real Estate Brokers license you must successfully pass the exam for Real Estate Brokers.

Is the Michigan real estate exam multiple choice?

​There are 115 multiple-choice questions on the Michigan state licensing exam. You must answer at least 80 questions correctly (70%) in order to pass. There is a 180-minute time-limit for the exam.

What questions are on the Michigan real estate exam?

The salesperson exam consists of 115 questions. To pass, you must answer correctly at least 70% of the questions. The broker and associate broker exam consists of 120 questions. To pass, you must answer correctly at least 75% of the questions.

What is real estate schedule?

A schedule of real estate owned form lists all properties that an investor has full or partial ownership of, and it also includes the corresponding debt obligations. The document is a standard piece of the paperwork that lenders ask for when an investor applies for a commercial real estate loan.

How long does it take to get a real estate license?

On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.

Can you use a calculator on the Florida real estate exam?

What You Need to Take on Exam Day. There will be a dedicated section for math questions in your Florida real estate exam that will require the help of a calculator. The calculator, however, should be silent, battery-powered, and non-programmable.

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Is Michigan real estate exam hard?

Remember, the Michigan real estate exam is hard to pass and over 50% fail the first time. Not only that, but it is expensive to try again. This course has everything you need to pass the first time at a price that is unmatched. If you truly want to hurry up and pass the exam, enroll in our course right now.

Which state has the hardest real estate exam?

Hardest States to get a Real Estate License

Of all states, Colorado and Texas come on top as the hardest in terms of granting a real estate license. Each of the states requires some education and a test, which you must pass before being issued with a real estate license.

How many times can you take the Michigan real estate exam?

How many times can I take the MI pre-license course final exam? ​You can take the final exam for the 40-hour Michigan real estate salespersons course as many times as needed until you pass.