Pennsylvania Real Estate Practice Exam
Here are some real questions you’ll find on your Pennsylvania Real Estate Exam!
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When a licensee provides a statement of estimated cost and return to parties involved in a transaction, the statements:CorrectIncorrect
All of the following are requirements to obtain a property through adverse possession in Pennsylvania except:CorrectIncorrect
A broker lists a commercial property for sale. The listing:CorrectIncorrect
Bauer, a salesperson’s licensed assistant worked late nights and weekends to help ensure the successful completion of a difficult transaction. Bauer’s extra work included making several phone calls to the prospective buyers, encouraging them to accept the seller’s counteroffer. Largely because of Bauer’s efforts, the sale went through with no problem. The salesperson wants to pay Bauer a percentage of the commission, “because Bauer has really earned it.” Under Pennsylvania law, the salesperson may:CorrectIncorrect
Protected groups under the Pennsylvania Human Relations Act include:CorrectIncorrect
Stephen hires his unemployed friend Bob to help him. In the state of
Pennsylvania, Bob cannot do which of the following without a license?CorrectIncorrect
Which of the following options would require the Pennsylvania Real Estate Commission to suspend a licensee’s license?CorrectIncorrect
The Pennsylvania Real Estate Commission has the authority to:CorrectIncorrect
Of the following, who would be subject to disciplinary action by the Pennsylvania Real Estate Commission?CorrectIncorrect
Nelson, a broker is employed as a property manager. The building owner and Nelson agree that the building air conditioning system needs to be replaced, and Nelson is authorized to contract for the work to be done. Without the knowledge of the owner, Nelson and the contractor selected to do the work agree that as a condition of receiving the contract the contractor will install central air conditioning in the personal residence of Nelson at no charge to Nelson. Could this action result in disciplinary action against Nelson by the commission?CorrectIncorrect
Who is exempt from the provisions of the Pennsylvania Real Estate Licensing and Registration Act?CorrectIncorrect
All of the following must complete education or training requirements prior to licensure except:CorrectIncorrect
In reference to license laws and rules and regulations of the commission, what does the term “broker of record” refer to?CorrectIncorrect
The maximum compensation that will be paid from the Real Estate Recovery Fund to satisfy claims against a licensee is:CorrectIncorrect
How many members of the Pennsylvania Real Estate Commission are required to be licensed real estate brokers at the time of their appointment?CorrectIncorrect
A commercial office building sold for $1,000,000. The buyer paid $400,000 as a down payment and secured a $600,000 first mortgage loan. How much is the Pennsylvania state transfer?CorrectIncorrect
In order to become a member of the Pennsylvania Real Estate Commission, a candidate must:CorrectIncorrect
All of the following provisions are included in the Pennsylvania Real Estate Commission’s rules regarding exclusive listing agreements except:CorrectIncorrect
A licensed salesperson may hold an active license with more than one
Pennsylvania broker under which of the following circumstances?CorrectIncorrect
Jones, a broker, signs a 3-month listing agreement with a seller. The agreement contains the following clause: “If the Property has not been sold after three months from the date of this signing, this agreement will automatically continue for additional 3 month periods thereafter until the property is sold.” In Pennsylvania,
this clause is:CorrectIncorrect
In a dual agency situation, a broker may collect compensation from both the seller and the buyer if:CorrectIncorrect
The Pennsylvania Real Estate Commission may assess an additional fee against licensees in order to increase the balance in the Real Estate Recovery Fund if:CorrectIncorrect
During a listing presentation, the prospective seller informs Jones, the salesperson of his intent to refuse to sell the property to Australians. What is the best course of action for Jones in this situation?CorrectIncorrect
All of the following are mandatory provisions of a sales contract except:CorrectIncorrect
Study For The Pennsylvania Real Estate Exam
Can we can assume that you do understand the best way to pass any test is to fully understand the material? After all, getting your Pennsylvania Real Estate License is one of the most important accomplishments of your life. 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.
- Sign Up For A Real Estate Exam Prep that guarantees you to pass
How many times can you take the Pennsylvania real estate exam?
There is no maximum number of attempts for the Pennsylvania Real Estate Exam, so you can take it as many times as you can in case you fail the first try. Keep in mind that one business day will be needed to process your results, after that day is passed you can schedule to retake it.
How many questions are on the Pennsylvania Real Estate Test?
We have interviewed PSI and spoken to the Pennsylvania Real Estate Commission. We can confirm at this time there are 120 total questions on the real estate exam. These 120 questions are divided into 80 for the national portion of the test and 40 state-specific questions.
Is the Pennsylvania Real Estate Exam hard?
Yes! It is very hard. As of 2023, only 63% 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 Pennsylvania real estate exam?
The cost of the exam is $49 for brokers and salespersons, whether you take the State exam only or the National Exam only (or take both). That $49 fee will be valid for one year. The Pennsylvania Real Estate Commission will expedite a Certificate of Examination Eligibility Registration Form before you can proceed with the scheduling of the test.
Can You Take The Pennsylvania Real Estate Exam Online?
Yes. In Pennsylvania, you can take the test online. Your computer will be subject to a compatibility test at the moment of the scheduling, if you update any of the features on your device since then, it is recommendable to run another compatibility check before taking the test. You will be monitored during the examination.
What Questions Are On The Pennsylvania Real Estate Exam?
If you review the real estate exam person candidate guide located on the Pennsylvania 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 Pennsylvania 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 Pennsylvania Real Estate Exam To Pass?
The passing score for the Pennsylvania examination is 75% correct answers for salespersons, which means you will have to respond to 60 out of 80 national questions correctly and 30 out of 40 state-specific questions. The same requirements are to be met by brokers.