You asked: Is the Michigan real estate exam multiple choice?

Is the Michigan real estate exam hard?

Passing the Michigan real estate exam

It all seems pretty straightforward — except for the exam. Most people report that the three-hour test is the most difficult part of the real estate licensure process in Michigan.

Is real estate exam multiple choice?

The California real estate license exam is made up of 150 multiple-choice questions to be completed over three hours at an in-person testing center. To pass the exam, you need to score 70% or higher.

What is the pass rate for Michigan real estate exam?

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

Is real estate a good career in 2020?

The real estate market is ever-shifting. … The fluctuations within the real estate market have been worse in 2020 due to the COVID-19 pandemic that has caused many sellers to pull off their listings and interest rates to hit a record low. Still, we believe it’s a good time to become a realtor.

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How many times can you take Michigan real estate exam?

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.

What state has the hardest real estate exam?

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.

How difficult is the real estate exam?

Real Estate Exams Can Be Difficult: Many Test Takers Fail

Across the country in California, the pass rate also hovers around 50 percent. … The real estate exam is a knowledge test. It does not test applicants on information that they will intuitively know. In other words, you must study to pass this exam.

How do I pass my real estate exam the first time?

Real Estate Exam Test Taking Tips

  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.

Can you take real estate test online?

Take your Florida Real Estate exam conveniently from home through OnVUE online proctoring. A live proctor will monitor you through the webcam on your workstation to provide a secure exam experience.

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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 I take my real estate exam in Michigan?

​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.

How much does the average realtor make in Michigan?

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

Which Real Estate School has the highest pass rate?

The Top 5 Best Real Estate Schools Online

  • AceableAgent – 78.04% Student Pass Rate.
  • The CE Shop – 72.11% Pass Rate.
  • Brightwood Real Estate Education By Kaplan – 75.33% Pass Rate.
  • Real Estate Express – 61.56% Pass Rate.
  • Mbition – 64.04% Pass Rate.

Is real estate exam scholar legit?

Exam Scholar claims its students have a 95% exam pass rate, and the company gets positive reviews from students who like the low one-time fee, the high pass rate, and the pass guarantee. We chose the company as the best value because its class is only $39 and comes with a pass guarantee.