Is the Michigan real estate exam proctored?

No, the final exam for the 40-hour Michigan real estate salespersons course is not required to be proctored.

Is Michigan real estate exam online?

The Michigan real estate license online course includes the final exam in the last chapter in the course, which you can take at your convenience.

How hard is the Michigan real estate exam?

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.

What is the pass rate for Michigan real estate exam?

Aceable’s real estate salesperson exam pass rate in Michigan is 75%.

THIS IS FUN:  You asked: Why can't millennials afford to buy a house?

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.

Is the Michigan real estate exam open book?

Next up, you need to schedule, take, and pass your Michigan real estate exam. … The test is closed-book and three hours long.

How much money does a real estate agent make in Michigan?

The average salary for a real estate agent in Michigan is around $46,160 per year.

Which 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 many math questions are on the Michigan real estate exam?

The number of questions in the math section varies by state. You can generally expect to see between 5 to 20 math questions on the state real estate exam.

Do Realtors make a lot of money?

In Alberta, Real estate agents and salespersons earn an average of $30.35/hour or $61,168.00/year.

Is the Series 7 Hard?

Is the Series 7 Exam Difficult? Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.

THIS IS FUN:  Which property has the lowest investment risk?

Is Realestateu TV legit?

Real Estate U is an accredited online real estate school that offers courses on real estate investing, along with real estate license courses for seven states — New York, California, Texas, Pennsylvania, Michigan, Virginia, and Georgia.

Is the real estate exam the same each time?

Are real estate exams multiple choice? The real estate exam is split in to two parts: a state specific section and general real estate section. Each one is multiple choice.

What is the best way to study for real estate exam?

Top 10 Tips for Passing the Real Estate Exam

  1. Do as many practice real estate exam questions as you can. …
  2. Start by only answering questions that are extremely easy. …
  3. Look at the answers first. …
  4. Do not choose an answer you have never heard of! …
  5. Work backwards to the correct answer. …
  6. Skip questions you don’t know the answer to.

What kind of questions are on the Michigan real estate exam?

Five of the exam topics are state-specific.

  • Contracts – 17% of the Questions.
  • General Principles of Agency – 13% of the Questions.
  • Practice of Real Estate – 13% of the Questions.
  • Financing – 10% of the Questions.
  • Real Estate Calculations – 10% of the Questions.
  • Property Ownership – 8% of the Questions.

Where do you 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.

THIS IS FUN:  Your question: Can I buy a house with a 748 credit score?