PrepAgent.com - Tennessee Real Estate License and Exam Info (2024)

What is required to get a license in Tennessee?

For affiliate brokers:

  • Completed application along with a picture of yourself
  • Proof of high school graduation
  • Proof of completion of required pre-licensing courses
  • Proof of errors and omissions insurance policy
  • Payment of dues ($110.00)
  • Eligibility Verification

For brokers:

  • Completed application along with a picture of yourself
  • Proof of errors and omissions insurance policy
  • Payment of dues ($110.00)
  • Eligibility Verification

What score do I need to pass?

The affiliate broker exam consists of 80 national questions and 40 state-specific questions. To pass, you must correctly answer at least 56 of the national questions (70%) and 28 of the state questions (70%).

The broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must correctly answer at least 60 of the national questions (75%) and 38 of the state questions (75%).

You will receive your score immediately after you complete your exam.

How much time do I have to complete the exam?

For the affiliate broker exam, you are allowed 2 hours 40 minutes for the national portion and 1 hour 20 minutes for the state portion, for a total of 4 hours.

For the broker exam, you are allowed 2 hours 30 minutes for the national portion and 1 hour 30 minutes for the state portion, for a total of 4 hours.

What should I bring with me for the exam?

  • 2 Forms of identification (e.g. driver’s license, state ID, passport, credit card, debit card)
  • Basic (non-scientific) calculator

What is the format of the exam?

The exam is given on a computer and is multiple-choice.

What is on the exam?

The national portion consists of the following sections:

  • Property Ownership
  • Land Use Controls and Regulations
  • Valuation and Market Analysis
  • Financing
  • General Principles of Agency
  • Property Condition and Disclosures
  • Contracts
  • Transfer of Title
  • Practice of Real Estate
  • Real Estate Calculations
  • Subdivisions
  • Commercial, Industrial, and Income Properties

The state-specific portion consists of the following sections:

  • Duties and Powers of Real Estate Commission
  • Licensing Requirements
  • Advertising and Marketing
  • Broker/Affiliate Relationships
  • Handling of Documents and Record Keeping
  • Handling of Trust/Escrow Funds
  • Other Improper Activities and Consumer Protection
  • Agency and Disclosure Issues
  • Special Areas of Practice (Timeshare, Property Management, Commercial/Industrial Real Estate)

Resources

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PrepAgent.com - Tennessee Real Estate License and Exam Info (2024)

FAQs

How hard is it to pass the real estate exam in Tennessee? ›

How difficult is the state real estate exam? Most Tennessee agents will describe the real estate licensing exam as “not easy.” There are 120 questions on the exam and you'll need to answer at least 70% of them correctly. You'll have 160 minutes to complete the state exam.

How many questions are on the Tennessee real estate exam? ›

How many questions are on the Tennessee real estate exam? There are a total of 120 questions on the exam. The National portion has 80 questions, and the Tennessee portion has 40 questions.

How many times can you retake the real estate exam in Tennessee? ›

$42.00 (90 mins.) $42.00 (90 mins.) Retake fees are the same as the examination amount. The passing score for one section of an examination is valid for two (2) retakes of the failed section or six (6) months, whichever comes first.

What is the hardest state real estate exam? ›

Most Difficult States To Obtain Your Real Estate License

Texas is largely considered the most difficult state to obtain your real estate license. Many factors go into this, primarily the sheer size of the state.

Can you use a calculator on the TN real estate exam? ›

Tennessee. Do I need a calculator for real estate exam in Tennessee? You may bring a battery-operated calculator for use during the exam, but it must be operated silently.

Is the TN real estate exam open book? ›

No, the real estate license exam administered across different states is not open-book.

Is the TN real estate exam multiple choice? ›

You will have 2 hours and 40 minutes to complete the national portion. You will have 1 hour and 20 minutes to complete the state law portion. Broker: The exam costs $39 and is administered on a computer in multiple choice format.

How much does it cost to get a real estate license in TN? ›

Fees
Initial License Application$91.00
Initial Time Share Firm Registration$750.00
Broker (Upgrade from Tennessee Affiliate Broker)$91.00
Licensee Renewal (every 2 years)$75.00
Firm Renewal (every 2 years)$75.00
6 more rows

How many math questions are on the real estate? ›

How to Prepare for Math on the Real Estate Exam. While details vary by state, you can generally expect to encounter between 150 and 200 multiple choice questions on the real estate exam. Of those, roughly 10-15% involve math, which translates to between 15 and 30 questions per exam.

How often do you have to renew your real estate license in Tennessee? ›

Tennessee real estate license renewals are due every two years. Check your license for your specific expiration date.

What happens if I miss my PSI exam? ›

If you do not reschedule your test in accordance with the rules outlined by your test sponsor – and you do not take your test at the scheduled time – you will forfeit your testing fees. Log into the scheduling portal where you booked your original appointment. Use the reschedule button and follow the prompts.

What happens if you fail the CE shop final exam? ›

Two attempts are allowed to pass the final exam. If the student does not pass in the second attempt, the student will be required to re-purchase and re-take the course if the student desires credit for the course.

What is the hardest license to get? ›

The United States Medical Licensing Examination (USMLE) takes the top spot as the most challenging exam in the US, with an average preparation time ranging from 200 to 400 hours for each of its three steps.

How many people pass the GA real estate exam first try? ›

We currently have a passing rate of 95% for our Pre Licensing course, and 99% for our online Pre Licensing course. This is in reference to the students who pass our in-house exam. Regarding the State-Level exam, the statewide average shows that 50% of students pass the State exam on their first attempt.

How long do most people study for real estate exam? ›

If it's your first time taking the real estate exam, it is advisable to start preparing for it at least 2 months before writing the exam while dedicating one hour each night to study.

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

How much does it cost to get a Tennessee real estate license? There are a number of costs associated with getting your Tennessee affiliate broker license. Fixed costs will include the application fee of $91, license examination fee of $39, and a fingerprint processing fee.

How long is the Tennessee real estate course? ›

Tennessee requires two courses to get your real estate license: a 60-Hour Basic Principles of Real Estate Pre-Licensing Course and a 30-Hour Tennessee Course for New Affiliates. Compete your course in as little as three weeks.

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