What is included on the IN state broker licensing exam?
The State Exam is broken into two portions. You will be tested on national and state real estate-related content.
On the national portion, questions will cover:
Property ownership
Land use controls and regulations
Financing
Valuation & market analysis
General principles of agency
Property disclosures
Contracts
Leasing and property management
Title transfer
The practice of real estate.
The state portion will ask about:
The Indiana Real Estate Commission
Licensing
Statutory & Regulatory Requirements
Statutes & Rules Governing Licensees
Real estate office procedures.
Related FAQs
The Indiana Broker Pre-licensure Exam has two sections. The National section consists of 75 multiple-choice questions and is worth 80 points. To pass, you must earn at least 60 points. The State section consists of 50 multiple-choice questions and is worth 50 points. To pass, you must earn at least 38 points.
You will be tested on national and state real estate-related content. Topics include property ownership, land use controls, financing, market analysis, property disclosures, and contracts. State-specific questions ask about the Commission, licensing, regulatory requirements, statutes on licensees, and office procedures
At your State Exam, you will need to bring (2) forms of identification. One must be state or federal government-issued, like a driver’s license or passport. Also, bring your course completion certificate from the 90-hour broker pre-license course.
PSI can accommodate testing modifications in accordance with the ADA. Anyone requesting accommodations must fill out the accommodations request form and submit documentation from a medical authority or specialist about their limitations.
PSI will provide secure storage for candidates to store their personal belongings during the test. Food, drink, smoking, and electronic devices are not permitted in the testing center. You will be allowed to use the restroom during the exam, but you will not receive extra time.
Yes, you will be permitted to take the State Exam if you do not have a sponsoring broker. However, you will need a sponsoring broker in order to receive an active real estate license when you turn in your broker application.
Your next steps will be to find a sponsoring broker and to fill out your broker application form. A sponsoring broker is required to receive an active real estate license and transact real estate in Indiana.
Part of your broker application form and required documents asks you to submit the official score report. You will receive your score report immediately upon completion of your test, both on-screen and via email.
You can take the state broker license exam as many times as necessary to pass both the national and state portions, as long as your retakes are within one year of the date on your course completion certificate.
You will know your Indiana broker license exam results instantly when you finish the test. A score report will appear on-screen and will be emailed to you.
Yes. You can take your real estate broker exam as many times as necessary to pass as long as you retake it within one year of your course completion certificate date. If you pass one section and not the other, you can retake just the section you failed.
No. You can retake just the section that you still need to pass. Keep in mind you will need to do this retake within one year of the date on your course completion certificate.