Michigan Real Estate Practice Exam

Here are some actual questions you’ll find on your 2024 Michigan Real Estate Exam!

Frequently Asked Questions

How to Study For The Michigan Real Estate Exam

Let’s hop to it! So, you already know the Michigan exam is not easy. You really have to master the material. After all, getting your Michigan Real Estate License is one of the most important accomplishments of your life. So, how do we do that?

  1. Take real estate practice exams over the course of 1-4 months depending on your knowledge level.
  2. 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.
  3. Memorize all the real estate vocabulary. This should be common sense, but make flashcards and just go over them until you know them all.
  4. Sign Up For A Real Estate Exam Prep that guarantees you to pass

How many times can you take the Michigan real estate exam?

There is no maximum number of attempts for the Michigan Real Estate Exam, if you fail your first try, you will need to re-schedule a new exam, not important if its through PSI Online or via phone. You do not have a maximum number of attempts, but it will always be better to pass on the first try.

How many questions are on the Michigan Real Estate Test?

We have interviewed PSI and spoken to the Michigan Board or Real Estate Brokers and Salespersons. We can confirm there are 115 total questions on the real estate exam for salesperson. On the national portion of the exam there are 80 questions and the remaining 35 questions are Michigan specific.

Is the Michigan Real Estate Exam hard?

Yes! It is very hard. As of 2024, only 73% of agents pass the licensing exam on the first try.

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 93%.

how much is the Michigan real estate exam?

The cost of the exam is $79 for brokers and salesperson, whether you take the State exam only or the National Exam only (or take both). Candidates must complete all course requirements and request their FBI report prior to taking the licensing exam. Payment will not be accepted at the test center. Examination fees are non-refundable and non-transferable. Often, if you fail the exam, the fees are a little cheaper for the next one.(but don’t fail, work with us)

Can You Take The Michigan Real Estate Exam Online?

No. In Michigan, you as a student will have to go to an approved PSI testing to get monitored throughout the exam, but it can be scheduled at no charge through PSI Online. There is no final grade given when you complete the test, it will simply tell you if you have passed or if you have failed.

What Questions Are On The Michigan Real Estate Exam?

 If you review the real estate exam person candidate guide located on the Michigan Real Estate Commission website, they list the following. Also, we often conduct exit interviews with our prior students to confirm what questions are on the Michigan 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 Michigan Real Estate Exam To Pass?

The passing score for the national portion of the examination is 56 correct answers (70%), and the passing score for the state portion is 24 (70%) correct answers.