What is included on the Iowa state salesperson licensing exam?
The Iowa Salesperson State Exam consists of two sections. 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
The practice of real estate
The state portion will ask about:
Licensing Requirements
Disciplinary Actions
State Statutory & Regulatory Requirements
Real Estate Education
Iowa-specific Trusts, Agency, and Contracts
Other Iowa-specific topics such as the Civil Rights Act of 1965.
Related FAQs
The Iowa Salesperson Pre-licensure Exam consists of two sections. On the National section, you must correctly answer 56 of 80 multiple-choice questions to pass. Correctly answer 26 of 40 questions on the State section to pass.
You are 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 Iowa-specific licensing, disciplinary actions, contracts, and real estate education topics.
You will need to bring one form of government-issued identification and your proof of education, education waiver, or letter of authorization with you to the test center. If you don’t have these, PSI will not admit you to take the exam, and you will lose your registration fee.
PSI does permit exam modifications in accordance with the ADA. Anyone requesting accommodations must fill out the accommodations request form in the Candidate Handbook and submit documentation from a medical authority or specialist about their limitations.
The Candidate Handbook details all security protocols for the PSI testing center. PSI requires personal belongings be placed in secure storage provided at each testing site before the exam. Electronic devices of any type, including personal calculators, smartwatches, and cell phones, are not allowed in the exam room.
Yes, being hired by an Iowa broker is not a requirement for taking the state license exam. You will need to be hired to submit your license application.
Yes, your Iowa State salesperson licensing exam results are only valid for six months. You must complete all the steps in the licensing process before this deadline expires.
Congratulations on passing the Iowa salesperson real estate exam. You should get to work right away finding a sponsoring broker. All salespersons must work under the supervision of a licensed Iowa broker. Purchase E&O insurance and submit your license application as soon as you've been hired.
You are required to submit your printed scoreboards to the Iowa Real Estate Commission as part of your salesperson license application. Without this official score report showing you passed the exam within the last six months, you won't be issued a license.
Iowa does not limit the number of times you can take the state salesperson license exam. You are limited by the amount of time between finishing the 60-hour pre-license course and completing all the steps in the licensing process, which is one year.
Since your Iowa State salesperson exam is computer-based, you will know your results as soon as you finish the exam. A score report will appear on screen after you hit submit. You will also leave the exam center with a printed score report or receive an emailed score report for your license application.
Wait 24 hours before scheduling any retakes of your Iowa State salesperson licensing exam. Then you can go online to your PSI account or call PSI at 855-898-0712. You need to pay the $95 exam fee again.