What happens if you fail real estate exam Tennessee?

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 many times can you fail the real estate exam in Tennessee?

The passing score for one section of an examination is valid for two (2) retakes of the failed section or six (6) months, whichever comes first. The examination fee will be forfeited if the candidate does not test within six (6) months of the date their exam fee is received by PSI.

What is the pass rate for TN real estate exam?

National Portion of the TN Exam

passed on the first attempt compared to the 57% state average.

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How many questions are on the Tennessee real estate exam?

The 60-hour Basic Principles of Real Estate final exam consists of 60 multiple-choice questions. You must achieve a score of 70% or 42 questions correct.

What state has the hardest real estate exam?

Colorado is regarded as the hardest state since agents need to cover 160 hours of education, pass two tests, pass a background check, and be fingerprinted. In contrast, most other states require less than 100 education hours, with the majority falling with the 40-hour requirement.

How long is the real estate exam in TN?

For the broker exam, you are allowed 2 hours 30 minutes for the national portion and 1 hour 30 minutes for the state portion, for a total of 4 hours.

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

After completing a review of education and experience documentation, the Tennessee Real Estate Commission will inform candidates of eligibility for examination. The approval process takes approximately four (4) weeks to complete. Candidates may make an examination reservation after they have been approved.

What is the Florida Real Estate Commission?

The Florida Real Estate Commission (FREC) consists of seven members and meets monthly. The commission meeting is usually the third Tuesday and Wednesday of the month. The FREC administers and enforces the real estate license law, Chapter 475, Part I, Florida Statutes.

Is the TN real estate exam multiple choice?

Test Content: The Tennessee state real estate licensing exam is comprised of two separate portions, the national portion and the state-specific portion. … Both tests are comprised of multiple choice questions with four answer choices provided for each question.

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Do Realtors make good money?

Get Your California Real Estate License! According to the Bureau of Labor Statistics, the average income for Real Estate agents in the state of California is $73,450. California is one of the top earning states for Real Estate agents.

What is on the TN real estate exam?

The state specific part of the Tennessee Real Estate Broker Exam is comprised of 50 questions and an examinee must answer 38 questions correctly to pass (75% correct). The time limit allowed for the state specific part of the Tennessee Real Estate Broker Exam is 90 minutes.

What does PSI mean in real estate?

What is PSI? PSI Exams Online is a national provider for state licensing exams. If your licensing exam is administered through PSI Exams Online, it means they manage and administer your state’s licensing exam.

Is real estate exam multiple choice?

In general, you should expect your real estate licensing exam to be around 100-150 multiple choice questions; this includes about 60-80 state-specific questions, and about 80-100 questions related to generally universal real estate concepts. You will have between 2-4 hours to complete your exam.

What is difference between real estate agent and realtor?

Real estate agents have a professional license to help people buy, sell, and rent real estate. … A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR). Members must comply with NAR’s strict Code of Ethics.