How hard is the KY real estate exam?
The Kentucky Real Estate Salesperson Exam is one of the hardest state test to pass in the United States. We have compiled this simple exam cram book that quickly and easily prepares you to take your state licensing exam and pass it on the 1st try with the PSI exam.
How many questions are on the Kentucky real estate exam?
The exam consists of 120 multiple choice questions. (80 questions on the National section and 40 on the Kentucky License Law section). In addition to the questions used to compute your score, the examination may include five questions that are being “pretested” for use in future versions of the examination.
How many times can you take Kentucky real estate exam?
There is no time limit between the completion of the course requirements and when you take the exam. After completing the state licensing exam, you must apply for your license within 60 days.
What score do you need to pass real estate exam in Kentucky?
In order to pass the exam an examinee must answer 60 out of the 80 questions correct to pass (75% correct). The state specific part of the Kentucky Real Estate Sales Agent Exam is comprised of 40 questions and an examinee must answer 30 questions correct to pass (75% correct).
Which 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.
Can you be a part time realtor?
Yes, you can be a part-time real estate agent. The process of becoming a part-time agent is almost exactly the same as for people training to become a full-time agent. The only difference is that some brokerages typically won’t hire people who work part-time.
How much is the real estate exam in KY?
The cost of the exam is $100, whether you take one or both portions. Candidates must complete all course requirements and request their FBI report prior to taking the licensing exam.
How long does it take to become a realtor in KY?
How long does it take to get a Kentucky real estate license? The two most time-consuming factors to getting your license include completing the FBI criminal background check and completing the Pre-Licensing education requirement. The background check takes 12 to 16 weeks to complete.
What is the salary for real estate agents?
The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.
Is real estate a good career?
Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.
What’s one way the Kentucky real estate Education Research and Recovery Fund protects the public?
What’s one way the Kentucky Real Estate Education, Research, and Recovery Fund protects the public? –It funds public seminars about mortgage fraud.
How do you get your real estate license in Ky?
6 Steps Toward Getting Your Kentucky Sales Associate License
- Complete 96 hours of approved Pre-Licensing education. …
- Pass the course final exam. …
- Complete the background check requirement. …
- Pass the Kentucky Real Estate Examination. …
- Complete the application. …
- Acquire Errors and Omissions (E&O) insurance.