Virginia real estate exam questions and answers

Which of the following best describes a dual agency situation?

A. Licensee Benny represents seller Carmine, and licensee Boyd represents buyer Cassandra. They both work for New Days Realty.

B. Benny, a licensee, represents seller Carmine and buyer Cassandra.

C. Benny, a licensee from New Days Realty, represents seller Carmine. Bert, a licensee from Expertise Realty, represents Cassandra, the buyer.

D. The seller, Carmine, is represented by licensee Benny. The buyer, Cassandra, is unrepresented.

Virginia real estate exam questions and answers

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Use a free real estate practice exam to prepare for your 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 to sell at the best price.

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

Summary: Use our real estate practice exams to prepare for your upcoming exam.

More Free Real Estate Exam Practice

There are many free real estate exam prep resources available for free. Our team has listed some of those great resources below.

What is on the Real Estate Exam?

There is no single national real estate exam or program of study to become a real estate agent. To qualify to take your state’s real estate licensing exam, you will first have to complete a state-specific pre-licensing 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 license test to follow this format:

  • Around 100-150 multiple choice questions
  • 60-80 questions will be state-specific
  • 80-100 questions will be universal real estate concepts
  • You will have between 2-4 hours to complete your exam.

You should expect real estate exam questions involving the following content:

  • 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

Real Estate Exam State Resources

Real Estate Practice FAQs

How many questions are on the real estate exam?

All states have their own exam. 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 exam 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 (%)
California 150 70%
Florida 100 75%
 New York 75 70%
Texas 125 62%
Virginia 120 82%

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

What questions are on the Virginia real estate exam?

Exam Topics.
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..
Transfer of Title - 8% of the Questions..

Is VA real estate exam hard?

Is the Virginia real estate exam hard? While the majority of students pass their real estate exam, a passing score isn't guaranteed. In some states, up to 25% of students have to retake the test in order to pass.

How do I study for the Virginia real estate exam?

How to Pass the Virginia Real Estate Exam.
Take Your Time Going Through the Material. ... .
Take Notes. ... .
Discuss New Real Estate Terms and Concepts. ... .
Take Breaks & Study in Intervals. ... .
Get Sufficient Sleep – Don't Push Yourself. ... .
Take Practice Exams..

How many questions are on VA real estate exam?

The salesperson exam is made up of 120 multiple-choice questions total. This includes 40 state-specific questions and 80 questions on national topics. Expect to see questions about the principles, practices, regulations, and statutes of real estate. You have 150 minutes total to complete the exam.