What is the California real estate exam like?

Is it hard to pass the California real estate exam?

From FY 2019-20, there were 41,249 exams administered, but only 17,396 people passed the California real estate exam and became a licensed salesperson. That’s around a 42% pass rate for test takers. It was the lowest rate in the last 5 years.

What type of questions are on the California real estate exam?

What You’ll Be Tested on During the Exam

  • Practice of Real Estate and Disclosures – Approx. …
  • Laws of Agency and Fiduciary Duty – Approx. …
  • Property Ownership and Land Use Controls and Regulations – Approx. …
  • Property Valuation and Financial Analysis – Approx. …
  • Contracts – Approx. …
  • Financing – Approx.

Is there math on the CA real estate exam?

Further, license applicants need to demonstrate a proficient level of knowledge of the mathematical computations common in real estate transactions. However, a relatively small number of questions on the DRE licensing exam rely exclusively on the computation of mathematical formulas.

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Is the CA real estate exam open book?

Yes, the California final exam for any of the three 45-hour pre-license courses is open book. You can use any textbooks or other resources when taking the final exam.

How long should you study for the California real estate exam?

Considering all the information we’ve covered in this guide, you should plan to spend at least two weeks reviewing and studying the information covered in your pre-licensing courses. If you can spend more time, do it. The longer you study, the better chance of passing your real estate licensing exam on the first try.

Is there math on the CA real estate exam 2021?

It includes a real estate MATH ONLY portion, a real estate vocabulary exam as well as the California state exam questions and answers. … The California Real Estate Salesperson Exam is one of the hardest state exam to pass in the United States.

How do I prepare for the California real estate exam?

10 Tips to Help You Study for the Real Estate Exam and Pass on Your First Try!

  1. Create a study schedule.
  2. Don’t overstudy.
  3. Diversify the study material.
  4. Challenge yourself.
  5. Use acronyms to remember material.
  6. Get plenty of rest.
  7. Form a study group.
  8. Find guided help.

How often is the California real estate exam given?

Getting the Exam Scheduled – 0+ Days

Exams are held in five locations across the state and are typically given weekly.

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

In California, the answer is a simple one: no, you can’t bring a calculator to the California real estate exam. The DRE provides test-takers with calculators, so you cannot bring your own into the test site.

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How many questions can you miss on the California real estate exam?

The California state real estate salespersons exam consists of 150 multiple-choice questions with a 3-hour time limit. You must answer at least 70% (105 questions) of the questions correctly in order to pass the exam.

How much does a new real estate agent make in California?

That said, we conducted a survey in 2020 finding the average first-year real estate agent in California earns approximately $41,000, and that number rises to over $104,000 between years four and ten of their career.

What is the fastest way to get a real estate license in California?

The fastest way to get your real estate license is through an online program. In California, all students are required to spend at least 54 hours in an accredited real estate program, per the DRE.