How do I schedule the Michigan real estate exam?

How do I schedule my MI real estate licensing exam? ​Once your license application is approved by LARA, PSI will email you your Exam Candidate ID number. Once you have this number, you can schedule your state exam by calling PSI at (855)579-4635.

Where do I take my real estate exam in Michigan?

You must take the Michigan state licensing exam at a PSI testing center. There are seven PSI locations within the state of Michigan. However, you can take the state exam at any PSI testing center throughout the country.

Is the Michigan real estate exam online?

There is no proctoring required for your final exam. The Michigan real estate license online course includes the final exam in the last chapter in the course, which you can take at your convenience.

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How many times can you take the real estate exam in Michigan?

How many times can I take the MI pre-license course final exam? ​You can take the final exam for the 40-hour Michigan real estate salespersons course as many times as needed until you pass.

How much does it cost to take the Michigan real estate exam?

The cost for examination is $76.00 and requires a passing score of 70%. The cost to retake the exam is $76.00. Prior to applying for the Real Estate Brokers license you must successfully pass the exam for Real Estate Brokers.

How hard is the real estate exam Michigan?

Remember, the Michigan real estate exam is hard to pass and over 50% fail the first time. Not only that, but it is expensive to try again. This course has everything you need to pass the first time at a price that is unmatched. If you truly want to hurry up and pass the exam, enroll in our course right now.

What score do I need to pass Michigan real estate exam?

The State exam consists of 115 questions with a passing grade of 70% (80 out of 115 questions answered correctly) and a time-limit of 180 minutes. Once you pass the State exam, you are now eligible to receive your Michigan real estate salespersons license.

Is the Michigan real estate exam open book?

Next up, you need to schedule, take, and pass your Michigan real estate exam. … The test is closed-book and three hours long.

How much does a realtor make in Michigan?

The average salary for a real estate agent in Michigan is around $46,160 per year.

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How many math questions are on the Michigan real estate exam?

The number of questions in the math section varies by state. You can generally expect to see between 5 to 20 math questions on the state real estate exam.

What state has the hardest real estate exam?

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 Michigan real estate exam multiple choice?

There are 115 multiple-choice questions on the Michigan state licensing exam. You must answer at least 80 questions correctly (70%) in order to pass. There is a 180-minute time-limit for the exam.

What kind of questions are on the Michigan real estate exam?

Five of the exam topics are state-specific.

  • Contracts – 17% of the Questions.
  • General Principles of Agency – 13% of the Questions.
  • Practice of Real Estate – 13% of the Questions.
  • Financing – 10% of the Questions.
  • Real Estate Calculations – 10% of the Questions.
  • Property Ownership – 8% of the Questions.

Where do I schedule my real estate exam?

To schedule your exam, please make your reservation online or contact our Call Center at 888-204-6289.

Can you be a part time realtor?

Yes, you absolutely can be a part-time real estate agent with a full-time job, as long as you employ excellent time management skills and don’t mind being busy. The most popular open house times are evenings and weekends because most people looking to buy or rent a new home likely also work a 9-5 schedule.

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How do I find a broker to sponsor me?

5 Steps to Help You Find the Right Sponsoring Broker

  1. Step 1: Ask About Training and Mentorship. …
  2. Step 2: Tackle the Commission Split Conversation Differently. …
  3. Step 3: Ask About “Hidden” Fees. …
  4. Step 4: Don’t Forget About Lead Generation. …
  5. Step 5: Talk to Other Agents.