How do I pass the Kentucky real estate exam?
To pass, you must answer correctly at least 75% of the questions. The broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must answer correctly at least 75% of the questions.
How many questions are on the KY real estate exam?
* Pass the state exam with a score of 75. The exam consists of 120 multiple choice questions. (80 questions on the National section and 40 on the Kentucky License Law section).
What state has the hardest real estate exam?
Hardest States to get a Real Estate License
Of all states, Colorado and Texas come on top as the hardest in terms of granting a real estate license. Each of the states requires some education and a test, which you must pass before being issued with a real estate license.
How long is the KY real estate exam?
The time limit allowed to complete the entire Kentucky Real Estate Salesperson Exam is 4 hours. The exams are taken by computer and you will receive your results immediately after finishing the exam. The exam is closed book.
How many times can you take Kentucky real estate exam?
There is no time limit between the completion of the course requirements and when you take the exam. After completing the state licensing exam, you must apply for your license within 60 days.
How much is the real estate exam in KY?
The cost of the exam is $100, whether you take one or both portions. Candidates must complete all course requirements and request their FBI report prior to taking the licensing exam.
Do Realtors make more money than real estate agents?
The income level for Realtors and real estate agents is different because more Realtors work full-time and take their job more seriously. That does not mean every Realtor is better than every real estate agent, but the averages do show that Realtors make more money.
Can real estate agents write off their car?
Even minor costs can be deducted, and they don’t have to be critical to your business to count. Here are some of the most common real estate agent and broker deductions: … Transportation: automobile maintenance and repairs, gas, mileage, auto insurance, parking and new car purchase or lease costs.
Is the real estate exam hard?
Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.
What is the salary for real estate agents?
The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.