How many times can you take the real estate broker exam?
In most states, you can fail the real estate exam up to three times before needing to take additional coursework. The exact number depends on the state you live in so you will need to check the specifics on your own. Some states allow three retakes, some allow five, and some allow as many as you need.
What percentage of people pass the Colorado real estate exam?
What Is the Pass Rate on the Colorado Real Estate Exam? The average pass rate for all real estate education providers is 86.14% for the National portion and 68.22% for the Colorado portion. The combined average pass rate for both portions is 77%.
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 hard is the Colorado real estate exam?
The Colorado 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.
What percentage of people pass their real estate exam?
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.
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.
Does a real estate license transfer state to state?
If your home state is included in a mutual real estate reciprocity agreement, you’re able to transfer your real estate license from your state to the target state upon the successful completion of their state-specific educational requirements and exam.