Colorado Real Estate Practice Exam
Here are some actual questions you’ll find on your Colorado Real Estate Exam.
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The standard length of a Colorado listing isCorrectIncorrect
In order for a broker to be a single agent in Colorado there must beCorrectIncorrect
Water rights in ColoradoCorrectIncorrect
Under current federal and Colorado law which of the following is TRUE about seller financing?CorrectIncorrect
On Friday, a broker receives an earnest money check with an offer on his listing. The seller cannot be reached until Monday. The broker shouldCorrectIncorrect
In Colorado, someone must have a real estate license to:CorrectIncorrect
A team of agents, representing a seller as an agent, have also found a buyer who wants their representation in purchasing this property. The team of agentsCorrectIncorrect
Who has the responsibility for presenting an earnest money promissory note to be collected?CorrectIncorrect
The buyer’s broker has completed the offer for her first time buyers and printed it. The broker hands the offer to the buyers and tells them to read and review the document and let the broker know if they have any questions. In this case, the broker’s actions are considered to beCorrectIncorrect
In Colorado, the right of use to water are regulated and permitted by theCorrectIncorrect
A Colorado real estate broker isCorrectIncorrect
A non-resident Colorado broker who lives in Wyoming mustCorrectIncorrect
Under Colorado law which of the following is TRUE?CorrectIncorrect
In addition to the protected classes of Federal Fair Housing, the Colorado Fair Housing Act addsCorrectIncorrect
Colorado brokers are obligated to obey all Commission rules and regulations. The Commission rule that governs contracts isCorrectIncorrect
Water rights in ColoradoCorrectIncorrect
Constructive eviction would include all of the following except:CorrectIncorrect
The brokerage firm owns the listing contract and has designated a broker to represent the seller. In this case, the designated broker:CorrectIncorrect
If a broker wishes to be the only broker involved in a transaction, thereby “double ending” this sale, she mayCorrectIncorrect
Which of the following is TRUE regarding specific performance in the Colorado approved Contract to Buy and Sell?CorrectIncorrect
An inactive broker has been asked by a friend to list her house in six months. In this case, the brokerCorrectIncorrect
A buyer is assuming a loan at a closing on October 25. The loan balance after the October 1 payment is $125,000 and the interest rate is 10%. How will the interest proration appear on the buyer’s closing statement?CorrectIncorrect
All of the following are true of the six-column worksheet EXCEPTCorrectIncorrect
All of the following are true of the brokerage firm’s office policy requirements EXCEPTCorrectIncorrect
A transaction broker is most likely a(n)CorrectIncorrect
A property is being listed by a broker associate, the employing broker requires that all listings use an approved listing contract form which will give the brokerage firm maximum protection. The broker associate should use which form?CorrectIncorrect
A broker who has become a transaction broker to double end the sale of her listingCorrectIncorrect
A seller wants to accept the buyer’s offer and agrees to all dates, deadlines, and prices but needs to modify the names of the owner since his wife was not on the offer but is on title to the property. The listing broker prepares a counter for the seller to sign, in this case the listing brokerCorrectIncorrect
A general agent acting for a principalCorrectIncorrect
A broker sold her home 10 years ago with seller carry financing, the buyer she sold it to has asked her to list and sell the property as an agent. This means upon sale, the broker will get a large payoff. In this case the brokerCorrectIncorrect
Fair Housing complaints in Colorado are handled by theCorrectIncorrect
The brokerage relationship between a seller and listing broker is created by theCorrectIncorrect
A broker who is exercising loyalty and obedience on behalf of representing their buyer or seller, means the buyer or seller are considered to be aCorrectIncorrect
The purpose of Rule 6.15 regarding sign crossing is to protect whom?CorrectIncorrect
The employing broker who has a number of independently contracted broker associates is responsible forCorrectIncorrect
If an employing broker of a brokerage firm fails to renew her licenseCorrectIncorrect
The closing company’s job is toCorrectIncorrect
When a listing broker receives an offer with an earnest money check, she shouldCorrectIncorrect
A new broker attending her first closing found an error in the amount her buyer was owed. The broker shouldCorrectIncorrect
A brokerage firm is primarily involved in listings and sales, but does manage 15 rentals. How many trust accounts must the brokerage maintain?CorrectIncorrect
Which of the following is TRUE about the rules for a broker’s referral fees to non-licensed individuals?CorrectIncorrect
A broker using an exclusive Right to Sell or Buy contract in Colorado must haveCorrectIncorrect
Brokerage firms, when paying commissions to broker associates,CorrectIncorrect
Good funds would include all the following EXCEPTCorrectIncorrect
Bills of sale convey title toCorrectIncorrect
A broker who fails to return a tenant’s damage deposit could be liable forCorrectIncorrect
Per the Contract to Buy and Sell, the cost of title insurance is paid for by theCorrectIncorrect
In addition to the transaction files, the employing broker or independent broker must have records in their trust accounts that include all of the following EXCEPT:CorrectIncorrect
If there is a dispute on which fair housing act might apply at a state, federal, or local level theCorrectIncorrect
How to Study For The Colorado Real Estate Exam
(Hopefully) We can assume that you do understand the best way to pass any test is to fully understand the material. So, how do we do that?
- Take real estate practice exams over the course of 1-3 months depending on your knowledge level.
- Watch YouTube videos of real estate exam prep teachers. They are awesome and they are free! We have quite a few but there are other great teachers as well.
- Memorize all the real estate vocabulary. This should be common sense, but make flashcards and just go over them until you know them all.
How many questions are on the Colorado Real Estate Exam?
Is the Colorado Real Estate Exam hard?
If I told you there was a test in existence that only 49% of people pass, would you say that is probably a hard exam?
Surprise, that is the shocking pass rate of people attempting to pass the real estate exam in Colorado.
The good news is, the people passing the real estate exam are using a real estate exam test prep (like us!) and their pass rate goes to 90%.
how much is the Colorado real estate exam?
For each attempt at the Colorado Real Estate Exam, you are expected to pay $44.95. Some people are reporting that if you need to take the test a second time, it is a little cheaper.
What Questions Are On The Colorado Real Estate Exam?
If you review the real estate exam person candidate guide located on the Colorado Real Estate Commission website, they list the following. Also, often conduct exit interviews with our prior students to confirm what questions are on the Colorado R.E. Exam as well as insure the below is accurate.
The exam breakout is as follows:
1. Property Ownership – 8%-10%
2. Land Use Controls & Regulation – 5%
3. Valuation & Market Analysis -7%
4.Financing – 8% to 10%
5. General Principles Of Agency – 11% to 13%
6. Property Disclosures – 7%
7. Contracts – 17% – 18%
8.Leasing & Property Management – 3% – 4%
9. Transfer Of Title – 7%-8%
10. Practice Of Real Estate – 11%
11. Real Estate Math – 5% – 7%
What Score Do I Need On The Colorado Real Estate Exam To Pass?
In order to pass the examination, you must achieve the minimum score shown on each part of the examination.
Number Correct Needed
- Broker National Portion 60
- State Portion 53
Your score will be displayed on screen at the end of the examination and a score report will be emailed to you. If you fail, the emailed score report will include the diagnostic report indicating your strengths and weaknesses by examination type. If you do not receive your emailed score report, you may print it from your online account.