Despite what you may have heard, the NJ Real Estate Exam is more intimidating than difficult–in fact, it has a pass rate of approximately 70%, which means only 3 out of 10 people who take it will fail. On the first try, it still has a pass rate of roughly 60%.
How hard is it to pass the NJ real estate exam?
And if you don't pass the first time, remember, four out of every ten people do not pass the NJ state real estate exam on the first try.
How many times can you fail the NJ real estate exam?
You can take the NJ real estate exam three times. It involves passing the state and national exam portions. If you fail to pass the exam in three attempts, you will take an additional 60 hours of education.
What is the passing score for the real estate exam in New Jersey?
70% or higher
Applicants must receive a score of 70% or higher to successfully pass the state licensing examination. When taking the state examination, the applicant will be required to answer screening questions about their qualifications to receive a real estate license.
What is the hardest part of the real estate exam?
The area of the exam that is considered the most challenging varies from person to person, but many people find that the Practice of Real Estate and Disclosures section is the most difficult. This section takes up 25% of the exam and has between 37-38 questions to answer.
Is NJ real estate exam hard?
Despite what you may have heard, the NJ Real Estate Exam is more intimidating than difficult–in fact, it has a pass rate of approximately 70%, which means only 3 out of 10 people who take it will fail. On the first try, it still has a pass rate of roughly 60%.
THIS GIRL passed her real estate exam!! 🤓👸🏼 #inbusiness #realtor 🏡
— Michele Dalia (@LaDolceDalia) March 6, 2018
What score do you need to pass real estate exam in NJ?
70% or higher
Applicants must receive a score of 70% or higher to successfully pass the state licensing examination. When taking the state examination, the applicant will be required to answer screening questions about their qualifications to receive a real estate license.
Frequently Asked Questions
What questions are on the NJ real estate exam?
The New Jersey real estate exam consists of questions covering topics that include property rights and ownership, contracts, agency law, fair housing, mortgages and financing, appraisals, title insurance, property taxes and assessments, zoning and land use regulations, and general real estate principles.
How many times can I fail NJ real estate exam?
Three times
You can take the NJ real estate exam three times. It involves passing the state and national exam portions. If you fail to pass the exam in three attempts, you will take an additional 60 hours of education.
What is the hardest real estate state exam?
The difficulty of the real estate exam varies by state, but the California real estate exam is known to be one of the most difficult. In fact, the pass rate for the California real estate exam in the last two years was under 50%, which means it's incredibly competitive and difficult to pass.
FAQ
- What do I need to know for the NJ real estate exam?
- The exam consists of the following topics:
- Land use controls and regulations.
- Valuation and market analysis.
- Financing.
- General principles of agency.
- Property condition and disclosures.
- Contracts.
- Transfer of title.
- Real estate calculations.
- How hard is the NJ real estate exam?
- The exam covers overwhelming amount of information including contract law, license law, valuation and mortgage finance. While none of the material is difficult to understand, the sheer volume makes the material hard to retain and apply without diligent study. The material is easily forgotten in a short period of time.
What is the pass rate for the nj real estate exam?
| How to study real estate in New Jersey? | To qualify for a broker's license an applicant must have a high school education or equivalency and must successfully complete 150 hours of prelicensure education. Applicants must first complete a 90-hour general real estate course, and then two 30-hour courses on Agency/Ethics and Office Management and related topics. |
| Is the NJ real estate exam difficult? | Despite what you may have heard, the NJ Real Estate Exam is more intimidating than difficult–in fact, it has a pass rate of approximately 70%, which means only 3 out of 10 people who take it will fail. On the first try, it still has a pass rate of roughly 60%. |
- Is it worth getting a real estate license in NJ?
- The benefits of obtaining a real estate license in New Jersey are unquestionable and worth your time, money, and effort. A licensed real estate agent or company can earn more money, access more deals, earn more commissions, increase business knowledge, and expand contact networks.
- How long does it take to become a real estate agent in NJ?
- To qualify for a broker's license an applicant must have a high school education or equivalency and must successfully complete 150 hours of prelicensure education. Applicants must first complete a 90-hour general real estate course, and then two 30-hour courses on Agency/Ethics and Office Management and related topics.
