Quick Answer: How much does the Michigan real estate exam cost?

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.

Can you take the Michigan real estate exam online?

You must apply online through www.michigan.gov/icola. Complete and pass the real estate examination. You must have a valid social security number. You must be ready to pay the license fee once you apply online.

How many questions are on the Michigan real estate exam?

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.

How much is the OK real estate exam?

Pass the Oklahoma Real Estate License Exam

The exam fee is $60, and to pass the exam you must score 70% or better.

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Is it hard to get a real estate license in Michigan?

The process of becoming a Michigan real estate salesperson is straightforward. You must take 40 hours of coursework, apply for a license with the state, pass the exam, and then find a broker to hold your license.

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 hard is the real estate exam Michigan?

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.

How do I study for the Michigan real estate exam?

Passing the Michigan real estate exam

  1. Pick the right education provider. Your 40 hours of pre-license education should give you all the info you need to ace your exam. …
  2. Time your education right. …
  3. Read the PSI bulletin. …
  4. Take practice tests. …
  5. Know you only need a C.

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.
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Do real estate agents make good money?

According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.

Why is the real estate test so hard?

These tests are demanding: You may see questions pertaining to the responsibilities of real estate professionals, certain national state and regulations, real estate finance, and real estate ethics, and you may even some moderately complex math problems. Simply put, this is a test that you need to study for.

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

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.

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.