What Is the Pass Rate on the Colorado Real Estate Exam? The average pass rate for all real estate education providers is 86.14% for the National portion and 68.22% for the Colorado portion.
How hard is the Colorado real estate exam?
The Colorado Real Estate Salesperson Exam is one of the hardest state test to pass in the United States. We have compiled this simple exam cram book that quickly and easily prepares you to take your state licensing exam and pass it on the 1st try with the PSI exam.
How many questions can you miss on the Colorado real estate exam?
The first part is the real estate broker national exam. The second part is the real estate broker state specific exam. The national portion of the Colorado Real Estate broker exam is comprised of 80 questions. In order to pass the exam, an examinee must answer 60 out of the 80 questions correctly to pass (75% correct).
What is the passing score for the Colorado real estate exam?
Passing score is 60 correct questions. Time Allowed: 120 Minutes (2 hours)
How many times can you fail the Colorado real estate exam?
Yes. You can retake your real estate broker exam as many times as necessary to pass. If you pass one section and not the other, you can retake just the failed section. Just know that your passing section score is only valid for (1) year for your broker license application.
Which state real estate exam is the hardest?
Colorado is regarded as the hardest state since agents need to cover 160 hours of education, pass two tests, pass a background check, and be fingerprinted. In contrast, most other states require less than 100 education hours, with the majority falling with the 40-hour requirement.
Is the Colorado real estate exam open book?
Colorado Real Estate Exam
The second part of the broker exam is specific to Colorado real estate rules, regulations, and contracts. The test is not open book, and you may not bring anything with you to the test center.
How many math questions are on the Colorado real estate exam?
You can generally expect to see between 5 to 20 math questions on the state real estate exam.
Is the Colorado real estate exam multiple choice?
Test Content: The Colorado state real estate licensing exam is comprised of two separate tests, the national test and the state-specific test. Both portions are comprised of multiple choice questions with four answer choices provided for each question.
How long does it take to get a real estate license in Colorado?
How fast can I get my Colorado real estate license? The whole process from education to license in hand will take approximately 2 to 4 months. Fingerprinting and background check can take up to 2 weeks.
What questions are on the Colorado real estate exam?
Colorado Real Estate Exam Questions
- Contracts – 17%
- General Principles of Agency – 13%
- Practice of Real Estate – 13%
- Financing – 10%
- Real Estate Calculations – 10%
- Property Ownership – 8%
- Transfer of Title – 8%
- Valuation and Market Analysis – 7%
How do I pass the state portion of real estate exam?
Top 10 Tips for Passing the Real Estate Exam
- Do as many practice real estate exam questions as you can. …
- Start by only answering questions that are extremely easy. …
- Look at the answers first. …
- Do not choose an answer you have never heard of! …
- Work backwards to the correct answer. …
- Skip questions you don’t know the answer to.
How long is the co real estate exam?
Salesperson Licensing Exam is 3 hours and consists of 150 multiple-choice questions.
How much does it cost to renew a Colorado real estate license?
The license renewal fee is $195.00 and must be paid directly to the Colorado Division of Regulatory Agencies (DORA).
How long do you have to wait to retake a real estate exam Colorado?
You have one year from the time you complete your licensing exam to apply for your Colorado real estate broker license. After one year, broker candidates must retake the exam before applying for their license.
Does Colorado have reciprocity for real estate license?
Colorado real estate license reciprocity, for example, offers license reciprocity for all 50 states. If you’re moving from any US state to Colorado, you don’t need to re-take all your real estate courses. You can simply apply to take the state portion of the Colorado real estate exam.