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Real Estate Exam Prep
How would you like to ace the real estate exam
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Question 1 of 15
In order to be able to earn $90.00 per month from an investment that yields a 6% return, you must invest?CorrectIncorrect
Question 2 of 15
How much money must be loaned to receive $15,000 if the money is loaned for five years at 12% interest?CorrectIncorrect
Question 3 of 15
Jerry Wright, the owner of a commercial building, estimates the depreciation of the physical plant at $15,000, the furniture and fixtures at $8,000, and the machinery at $7,500. If he is in the 40% bracket, his tax savings would beCorrectIncorrect
Question 4 of 15
In the event of default and foreclosure, which clause would require the lender to look only to the property for satisfaction of the debt?CorrectIncorrect
Question 5 of 15
What action returns a contract's parties to their positions before the contract as if it never happened?CorrectIncorrect
Question 6 of 15
Johnny's Market sells 10 apples for $10. The customers love the apples and Johnny continually sells out of stock. However, the supply of his apples has become increasingly harder to get due to a labor strike. Which is the most probable price for his apples next week?CorrectIncorrect
Question 7 of 15
Which of the following would affect the supply of real estate?CorrectIncorrect
Question 8 of 15
A professional who performs a visual survey of a property's structure and systems and prepares to generate an opinion of value is:CorrectIncorrect
Question 9 of 15
The real cost of owning a home includes certain costs/expenses that many people overlook. Which of the following is not such a cost/expense of home ownership?CorrectIncorrect
Question 10 of 15
In the appraisal of a commercial building, external depreciation is considered:CorrectIncorrect
Question 11 of 15
The gross rent multiplier (GRM) is used to estimate the value based on the:CorrectIncorrect
Question 12 of 15
Which of the following would be an example of economic obsolescence?CorrectIncorrect
Question 13 of 15
A developer ordered several truckloads of soil to be used in a new housing
project for backfill. His most probable intended use would be:CorrectIncorrect
Question 14 of 15
Question 15 of 15
A statewide frost has killed most of the orange crop in Florida. What is most likely happen to the price of oranges?CorrectIncorrect
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Real Estate Practice Exams
Our real estate practice tests are designed to maximize your study time. You can take them as many times as you like. Study to learn and understand, not to memorize.
The best way to study for your real estate exam is to practice answering questions similar to those you’ll actually find on the test. Our Real Estate Practice Exams are based on the same categories that are included on the official exam provided by the National Association of Realtors (NAR).
Real Estate Exam Flash Cards
Flashcards. It’s probably been years since you’ve made them or used them. Thankfully, technology has caught up and allowed us to streamline this process for you. Review these cards again and again and watch the terms get easier by the day. The flashcards are shuffled daily so you are always getting a new mental workout.
As you already know, vocabulary is a HUGE part of real estate exam prep. Our flashcards are updated for the 2019 Real Estate Examination and will set you up for success on the exam and beyond in your career as a real estate agent.
Real Estate Exam Ninja is a part of Real Estate Exam Ninja a nine-year-old company with a proven track record of revolutionizing online education. We offer free practice tests, written by experts, available to anyone who wants to study along with premium test taking material.
If you are interested in passing your NREMT Exam, we can help with that too.