What percentage of people pass the Arizona real estate exam?
Arizona School of Real Estate & Business
First time takers of both the sales and brokers exams had a pass rate of 73 percent.
How many questions can you miss on the Arizona real estate exam?
In order to pass the test, an examinee must answer 60 out of the 80 questions correctly to pass (75% correct). The time limit allowed to complete the Arizona Real Estate salesperson national exam portion is 2 hours.
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.
How many times can you take the Arizona real estate exam?
Arizona does not have a limit on the number of times you can take the salesperson license exam. If you do not pass, you must wait 24 hours to reschedule your exam.
How much is the Arizona real estate exam?
Cost to Take the Arizona Real Estate Licensing Exam
The fee for an Arizona real estate salesperson license examination is $75, and the fee for a first-time license is an additional $60 (Original License Fee is $50; the Real Estate Recovery Fund Fee is $10).
Is the Arizona real estate license test multiple choice?
The salesperson exam consists of 180 national and state-specific questions. To pass, you must score at least 75%. … There are multiple versions of each real estate exam administered in Arizona and each version can vary slightly in difficulty.
How often can I take the real estate exam?
How many times can I take the real estate licensing exam and how long do I have to pass it? There is no set limit on the number of times that you can take the exam. However, if you do not pass both parts of the exam within 1 year from the first attempt, you must resubmit a new license application and fee.
How much does the average realtor make in Arizona?
The average salary for a real estate agent in Arizona is $50,640, which is about 6% less than the national average, but the range is really wide. Agents in the bottom 20% of salaries earn $24,600 on average, while those in the top 20% earn closer to $104,500 per year.
Who Cannot collect from the recovery fund?
The title insurance company is not entitled to recover from the Recovery Fund. Only an aggrieved person may recover. An aggrieved person is a client or member of the public who lost money when dealing with the licensee in the scope of the licensee’s authority.
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.
What states do real estate agents make the most money?
10 States Where Real Estate Agents Earn The Most Money
|Rank||State||2017 Mean Annual Wage|
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.
What state has the highest concentration of real estate agents employed?
Some of the states with the highest concentration of real estate agents, like South Carolina, Oklahoma, Florida, and Georgia, are Sun Belt states that are experiencing consistent population growth—which means more demand from potential buyers.