Best answer: What is the pass rate for the NJ real estate exam?

How many people pass the NJ real estate exam the first time?

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.

How many questions are on the NJ real estate exam?

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). The time limit allowed for the total New Jersey Real Estate Salesperson Exam is 4 hours.

How many times can you take the NJ real estate salesperson exam?

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.

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Is the real estate exam hard?

Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.

How difficult is the NJ real estate exam?

The NJ State Real Estate Salesperson Exam Is Challenging

The passing score for the state exam is 70% (77 correct answers out of the 110 questions). The state-wide first-attempt pass rate is less than 50%. The exam is challenging for students for several reasons. First, it covers a very broad range of topics.

How many people pass the NJ real estate exam?

I feel like such a failure!

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.

How hard is the real estate appraisal exam?

The exam is not easy. According to The Appraisal Foundation exam statistics for 2017, 1 in 3 people fail the Licensed Residential exam and 1 in 4 people fail the Certified Residential exam on the first try.

How hard is real estate exam NJ?

The passing rate for the New Jersey Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!

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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.

Is there a lot of math on the real estate exam?

How Much Math Is 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%.

How long do you have to wait to retake NJ real estate exam?

IF you only passed one section, then you have to retake the sections that you failed. However, you only have six months to pass the section that you once failed. If you do not pass within six months, then you will be required to retake both examinations.