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

Is the Illinois real estate exam hard?

With proper preparation, the real estate exam is not that hard. You can pass. How do we know? More than 95 percent of the test takers who use our real estate prep materials pass the exam.

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 Illinois real estate exam?

If you do not pass the licensing exam after completing your courses, you may retake the exam up to three times (on different days). If you do not pass the exam on the fourth attempt, you must retake the pre-license coursework before registering again for the exam.

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What questions are on the Illinois real estate exam?

The broker exam consists of 100 multiple-choice questions for the national portion and 40 multiple-choice questions for the state-specific portion. The managing broker exam consists of 10 simulation problems for the national portion and 40 multiple-choice questions for the state-specific portion.

Can you take the Illinois real estate exam online?

The sample exam is offered online and a link is sent out to all students at the end of each course. The sample exam contains 125 multiple-choice questions. … The Illinois Real Estate Exam contains 150 multiple-choice questions. 105 of these questions are national questions and 45 are state questions.

What if I fail my real estate exam?

If you fail one portion of the exam, you are only required to retake the portion you did not pass. You simply have to reschedule your exam through Pearson VUE and pay the $54 exam fee. If you fail one portion of the exam 3 times, you must take an additional 30 hours of qualifying real estate education.

What do you do after you pass the real estate exam in Illinois?

After passing the state exam you will need to become sponsored by a real estate managing broker within one year. Your managing broker will send the paperwork to the state (IDFPR) and issue you a 45-day permit—also called a Sponsor Card. That permit allows you to start practicing real estate immediately.

Can you get a real estate license in a state you don’t live in?

That means that if you already have an active real estate license in one US state, you can apply for a real estate license in a new state without taking all the state-required pre-licensing real estate courses.

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What is the salary for real estate agents?

The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.

What state has the highest concentration of real estate agents employed?

Some of the states with the highest concentration of real estate agents, like South Carolina, Oklahoma, Florida, and Georgia, are Sun Belt states that are experiencing consistent population growth—which means more demand from potential buyers.