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How Much Math Is On The Real Estate Exam?
The amount of math questions on the real estate exam varies by state. However, you can expect to encounter anywhere between 5-10% of your exam questions involving math.
How to Use Math on the Real Estate Exam
As a real estate agent, you will need to use mathematics often throughout your career. Knowing how to solve problems related to a property can make the difference between success and failure on the exam and in your real estate career.
If you haven’t already mastered the basics of algebra and geometry, you should consider taking a course in those subjects before you attempt to take the real estate exam. The more you practice using these skills, the more confident you will feel on the test.
How to Pass the Real Estate Exam With a High Score
You will need to pass a real estate exam to become a licensed real estate agent. This exam is a multiple-choice, computerized test that tests your knowledge of real estate principles and practices and your understanding of state real estate law. The exam is made up of two sections: a national portion and a state-specific section. Each state sets its own rules for the number of questions and time allowed for each part of the exam.
A good way to prepare for your real estate exam is to review the content outlines from your state’s licensing authority. They will provide you with the breakdown of what is covered on your state’s real estate license exam and how to answer each question.
The national portion of the exam includes a number of questions that require basic algebra, such as finding the square footage of a house, and converting measurements in yards into acres or vice versa. You will also see questions that ask you to calculate simple interest and the annual gross rent multiplier.
How to Pass the State-Specific Part of the Exam
The state-specific portion of the exam requires you to know your state’s real estate law, including its property ownership laws and regulations. It covers topics such as contract law and practice, agency law, interests in property, conveyance procedures, disclosures, and financing and settlement.
You will also need to know the definitions of real estate terms and concepts, such as appraisal, appreciation, and depreciation. You will need to memorize these definitions and be able to use them to answer any questions that may come up on the exam.
How to Pass the National Part of the Real Estate Exam
The National portion of the real estate exam is made up of 100 multiple-choice questions. You will need to answer at least 70 of these questions correctly to pass the exam.
While the state-specific portion of the exam is not computerized, it does contain a number of questions that are based on real estate theory and practice. These questions can be difficult, but if you study well and practice regularly, they should not be a problem.