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What is PSI/AMP?

PSI/AMP is a national provider for state licensing exams. It is owned by PSI Services, LLC. If your licensing exam is administered through PSI/AMP, it means they manage and administer your state’s licensing exam.

Please note that PSI recently acquired AMP and that the process for taking exams through PSI/AMP may vary per state as they transition ownership. Unless otherwise specified, exams are still scheduled through GoAMP.com.



Candidate Handbooks

PSI/AMP works with each state real estate commission who use the Real Estate Examination Program (REP) to provide a Candidate Handbook for each state that includes general information regarding the exam, testing process, and license requirements and eligibility.

Find Your State »

PSI/AMP Contact Info

PSI Certification Headquarters
18000 W. 105th Street
Olathe, KS 66061-7543
913.895.4600 • 913.895.4650
www.goamp.com

Sours: https://www.theceshop.com/real-estate-exam-prep/amp-overview

Prepare for the AMP Real Estate Licensing Exam with this powerful review guide. This text will prepare students for the national portion of your state licensing exam. Each unit consists of a 70-question review and 20-item matching quiz. There are two additional 110-question exams in the book to further student mastery of the content. In addition, the text contains a Key Point Review-to-Go that will assist students in their final review before sitting for the exam.

Features

  • Covers the new AMP testing guidelines
  • Tips for effective studying
  • 860 practice questions to help students prepare for exam
  • 70-question review for each unit
  • 20-item matching quiz
  • Math review questions
  • 2 110-question exams
  • Pull-out (perforated) Key Point Review-To-Go section

Contents

  • Agency Relationships and Contracts
  • Real Property Ownership/Interest
  • Finance
  • Real Property
  • Marketing Regulations
  • Property Management
  • Real Estate Calculations
  • Appendix A: State-Specific Questions to Know
  • Appendix B: Forms
  • Glossary
  • Index
  • Key Point
  • Review-to-Go
Sours: https://modernrealestatepractice.com/products/guide-to-passing-the-amp-real-estate-exam-6th-edition/
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Use our free Real Estate practice exams (updated for 2021) to pass the Real Estate License Exam - an assessment taken by candidates who wish to become a Real Estate Agent or Broker.

Real Estate Agents work to advise home buyers and sellers on market conditions, real estate prices, mortgages, and how to best present their homes in order to sell at the best price.

See our free sample tests for the latest actual real estate exam questions and answers.

Summary: Take a free real estate practice exam below and see how you do.

Free Real Estate Practice Exams

Real Estate Practice Exam 1

Real Estate Practice Exam 2

Real Estate Practice Exam 3

Real Estate Practice Exam 4

Real Estate Practice Exam 5

Our Pick for Best Real Estate Exam Prep Course

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  • Bottom Line: Real Estate Express is our top choice for best real estate exam prep course. It is the most comprehensive course we looked at.
  • Real Estate Exam Prep
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Other Free Real Estate Exam Resources

There are many online resources available for those looking to prepare for the real estate exam. Many of these resources can be found absolutely free online, such as:

Pre-Licensing

It is important to check with your home state to see what pre-licensing education, licensing and testing is required to become a real estate agent, as each state has different expectations. While every state provides its own state-specific real estate licensing exam, most states also include a national portion common to many other states. You can find more information about that below.

For the most part, the state-specific and national portion of your exam will likely be administered by one of the following three national testing centers:

Performance on The Real Estate Licensing Exam is vital for any candidate who wishes to become a Real Estate Agent.  If you are looking to get your real estate license, check out our guide to the best online real estate schools. You can also check out our reviews of the best real estate exam prep courses.

Real Estate practice Exams and other resources are available for those interested in preparing for their Real Estate Exam. Utilization of these resources can often mean the difference between passing and failing.

Real Estate Exam Content Description

As previously mentioned, there is no single national real estate exam or program of study to become a Real Estate Agent. In order to qualify to take your state’s real estate licensing exam, you will first have to complete a state-specific prelicensing education program. The specific course curriculum and number of hours required is determined by the real estate commission in your home state.

Once you have qualified to take the exam, you will then prepare for and take a state-administered real estate licensing exam. For most candidates, this exam will include a national portion as well as a state-specific portion. For both portions of the exam, you will be asked to show knowledge and proficiency in real estate policies, practices, terminology, responsibilities, and expectations. 

In general, you should expect your real estate licensing exam to be around 100-150 multiple choice questions; this includes about 60-80 state-specific questions, and about 80-100 questions related to generally universal real estate concepts. You will have between 2-4 hours to complete your exam. You should expect questions involving any or all of the following content areas:

  • Real Property Characteristics
  • Freehold Estates
  • Real Estate Ownership
  • Land and Property Descriptions
  • Monetary and Non-Monetary Incumbrances
  • Local, State, and other Government Restrictions
  • Real Property Liens
  • Agency and Agency Relationships
  • Real Estate Brokerage
  • Buyer and Listing Agency Agreements
  • Contract Law
  • Transfer of Property Title
  • Financing Principles
  • Property Management
  • Leasing
  • Appraisals
  • Investment Analysis
  • Real Property Environmental Issues
  • Settlement

Make sure to check your state’s specific real estate exam requirements to know exactly what you should expect.

As you can see, it is vital to be fully prepared before taking the Real Estate Licensing Exam. It is important to use the appropriate Real Estate practice Exams and study materials to ensure success.

Real Estate Exam Administration 

Depending on which state you live in, the Real Estate Exam can be administered at one of hundreds of locations across the United States. For the most part, the state-specific and national portion of your exam will likely be administered by one of the following three national testing centers:

  • PSI Exams Online
  • AMP Testing Center
  • Pearson Vue

Your test will be scheduled through the appropriate testing center once you have qualified to take the exam. Please check with your state’s requirements below to see when and where your real estate licensing exam will be administered:

Real Estate Exam State Resources

Real Estate Exam Fees

There are more costs associated with earning your real estate license than just the cost of the exam itself. While the exam itself is usually around $100, you should expect to spend an additional $200-$500 on prelicensing classes, license applications, background checks, and other costs. 

Here are a few examples of costs you can expect:

State Exam Fee Application Fee Total 
California  $60$245$305
 Florida$36.75$83.75$120.50
 New York$15$55$70
 Texas$54$205$259
 Virginia$60$170$230

Since exam fees and application fees must be paid for every attempt, it is highly recommended that you utilize all available free Real Estate practice Exams and other resources.

Real Estate License Candidacy Requirements

Each state has its own prelicensing education requirements in order to be eligible to take the Real Estate Licensing Exam. Check your state-specific requirements in order to see all requirements to becoming a licensed Real Estate Agent. 

Real Estate License Exam Scores

Most states require a minimum score of at least 70-75% correct in order to pass the real estate exam. Below are some example passing scores. Check the exact score requirements for your state here. 

State No. of Questions Passing Score (%) 
 California15070%
 Florida10075%
 New York7570%
 Texas12562%*
 Virginia12082%**

* Must answer at least 56 national and 21 state-specific questions correctly.

** Must answer at least 60 national and 38 state-specific questions correctly. 

Real Estate Exam FAQ

How many questions are on the Real Estate Licensing Exam?

All states have their own test. Check your state for specific information.

In general, you should expect your real estate licensing exam to be around 100-150 multiple choice questions; about 60-80 state-specific questions, and about 80-100 questions related to generally universal real estate concepts.

You will have between 2-4 hours to complete your exam.

What is the best way to study for the Real Estate Licensing Exam?

Before you qualify to take the exam, you will be required to take a number of hours of prelicensure classes.

This curriculum is meant to help prepare you for your state-specific exam, so make sure you keep these materials and continue to study them after the course has been completed.

Beyond that, it is absolutely vital that you use all available free real estate practice exams and study resources available online.

You can find a comprehensive list of free real estate practice exams, sample questions, study guides, flashcards, and more resources linked above.

Is the Real Estate Licensing Exam multiple choice?

Yes. In general, you should expect 60-80 state-specific multiple choice questions, and around 80-100 multiple choice questions on general real estate concepts.

The test is usually given in two sections and candidates are expected to pass both sections. You will have between 2-4 hours to complete your exam.

What score is needed to pass the real estate licensing exam?

Most states require a minimum score of at least 70-75% correct in order to pass the real estate exam. Below are some example passing scores. Check the exact score requirements for your state here.

State No. of Questions Passing Score (%) 
 California15070%
 Florida10075%
 New York7570%
 Texas12562%*
 Virginia12082%**


* Must answer at least 56 national and 21 state-specific questions correctly.

** Must answer at least 60 national and 38 state-specific questions correctly.

How much does it cost to get your real estate license?

There are more costs associated with earning your real estate license than just the cost of the exam itself.

While the exam itself is usually around $100, you should expect to spend an additional $200-$500 on pre-licensing classes, license applications, background checks, and other costs.

Here are a few examples of costs you can expect:

State Exam Fee Application Fee Total 
California  $60$245$305
 Florida$36.75$83.75$120.50
 New York$15$55$70
 Texas$54$205$259
 Virginia$60$170$230

Last Updated: 3/11/2021

Sours: https://www.test-guide.com/free-real-estate-practice-exams.html
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