What is included on the PA real estate licensing exam?
The following is the content outline for the Pennsylvania real estate salespersons state licensing exam.
National Portion Content Outline 1) Property ownership: 8% 2) Land use controls and regulations: 5% 3) Valuation and market analysis: 7% 4) Financing: 10% 5) General principles of agency: 13% 6) Property disclosures: 6% 7) Contracts: 17% 8) Leasing and property management: 3% 9) Transfer of title: 8% 10) Practice of real estate: 13% 11) Real estate calculations: 10%
State Portion Content Outline 1) Real Estate Commission: 10% 2) Licenusre: 20% 3) Regulation of conduct of licenses: 70%
For a more detailed breakdown of these outlines, please see pages 7-10 of the PSI Candidate Handbook.
Related FAQs
The Pennsylvania real estate salesperson licensing exam consists of a national portion and a state portion. You must answer at least 60 out of the 80 questions correctly on the national portion in order to pass, and at least 23 out of the 30 questions correctly on the state portion.
There are 11 content areas covered in the national portion of the state exam, and 3 content areas covered in the state portion. Please see pages 7-10 of the PSI Candidate Handbook for a detailed outline of the topics you need to know for the exam.
There is a 120-minute time limit for the national portion of the Pennsylvania licensing exam (80 questions total), and a 60-minute time limit for the state portion (30 questions total). The total exam is 180-minutes or 3-hours.
You will receive your score at the PSI testing center as soon as you complete the exam. If you pass the exam, you will immediately receive a successful notification. If you do not pass, you will immediately receive an unsuccessful notification on the screen.
Once you pass the PA state exam, you are now ready to apply for your license. You must complete the following: 1) Obtain a criminal record check 2) Submit your license application online 3) Pay the application fee and upload the required documents 4) Have your broker complete their portion of the application
You can take the Pennsylvania real estate salesperson state licensing exam as many times as needed until you pass. You simply have to reschedule a new exam attempt and pay the $49 exam fee.
If you do not pass the PA state licensing exam, you must reschedule another attempt with PSI. You can take the state exam as many times as needed until you pass. You have the option to reschedule your exam with PSI online, by mail, fax, email, or phone.
Calculators will not be provided by PSI. You are allowed to bring a calculator to the exam; however, only non-programmable calculators that are silent, battery-operated, do not have paper tape printing capabilities, and do not have a keyboard will be allowed in the exam room.
You must bring two forms of identification with you to the PSI testing center. One must be a valid government-issued ID. The second must include your signature and pre-printed legal name. The name on your IDs must match the name you entered on the Examination Registration Form and Registration Confirmation Notice.
All PSI testing centers are equipped to provide access in accordance with the ADA. If you have a disability or have difficulty taking the examination, you can submit an exam accommodation request to PSI. You must also submit documentation from the medical authority or learning institution that rendered a diagnosis.
You are only allowed to take approved items into the PSI exam room. All personal belongings must be placed in a secure storage provided by PSI, prior to entering into the exam room. Copying or communicating exam content is considered a violation and may result in the disqualification of your exam results.
Your state licensing exam scores are valid for up to 3 years. This means you have 3 years to apply for your Pennsylvania real estate salesperson's license from the date you passed the state exam. If you fail to apply for your license within the 3-year time-frame, you must retake the state exam.