What is the pass rate for the NJ real estate exam?
The fact is, at best, only about 63% of salesperson license students pass the New Jersey real estate exam on the first try. When we look out at our pre-licensing class of 20 students, that means—statistically—that at least seven of them will not pass the exam on the first try.
What is the NJ real estate exam like?
The salesperson exam consists of 110 questions. To pass, you must answer correctly at least 77 questions, which represent 70% correct. The broker exam consists of 120 question. To pass, you must answer correctly at least 84 questions, which represent 70% correct.
How many times can you take the real estate exam in NJ?
You are allowed three attempts to pass both the national and state law portions of the exam. If you do not both portions after three attempts, you must take 30 or 60 hours of additional education in order to retake the licensing exam.
What is the hardest state to get a real estate license?
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.
Is there a lot of math on the real estate exam?
No matter what state you are wanting to get a real estate license in, you can expect to see math questions on the exam. While the number of math questions on the exam varies from state-to-state, the total number of math-related questions is somewhere between 10-15%.
What happens if you fail NJ real estate exam?
You only have to retake the portion(s) of the test that you failed. So if you pass the national portion and fail the state portion, you only have to retake the state portion. The information you receive after the exam will also include the number of questions in each content area that you answered correctly.
Can you take the NJ real estate exam online?
NJ Real Estate Licensing Candidates can now take their State Examination remotely! Suppose you were thinking about getting your NJ Real Estate Broker License, or someone you know is seeking a career in real estate. Students can now take the course and exam online in a safe, secure, and convenient way.
Is the NJ real estate exam multiple choice?
All questions are multiple choice format with four answer choices provided for each question. Test takers are allotted 4 hours to complete each test. A score of at least 70% (77 correct out of 110) is required to pass.
How much does a part time real estate agent make in NJ?
While ZipRecruiter is seeing salaries as high as $105,972 and as low as $16,707, the majority of Part Time Real Estate Agent salaries currently range between $28,641 (25th percentile) to $76,376 (75th percentile) with top earners (90th percentile) making $95,470 annually in New Jersey.
How much money do real estate agents make in NJ?
The average salary for a real estate agent in New Jersey is around $51,400 per year.
How long is the real estate exam NJ?
The time limit allowed to complete the total New Jersey Real Estate salesperson exam is 4 hours. The state specific part of the New Jersey Real Estate Salesperson Exam is comprised of 30 questions and an examinee must answer 21 questions correct to pass (70% correct).
How hard is it to get a real estate license in NJ?
The steps to get a real estate license in New Jersey are very straightforward, especially in comparison to other states. You need to complete 75 hours of pre-licensing courses, pass the real estate exam, choose a sponsoring broker, and submit your application.
How many times can I take the Maryland real estate exam?
In Maryland if you pass one part of the Real Estate Salesperson Exam you are permitted to take and pass the subsequent part at a later date as long as both are passed within 12 months.