Start Here · 3 min read
Exam Overview
The PSI Real Estate Exam is a mandatory licensing examination required for individuals seeking to work as real estate salespersons or brokers in U.S. states that use PSI as their testing provider. Passing this exam is a legal requirement to obtain a state-issued real estate license.
Administered By
- The exam is developed and administered by PSI Services LLC.
- PSI delivers the exam on behalf of individual state real estate commissions.
- Each state sets its own licensing rules, but PSI manages exam delivery and scoring.
Exam Structure and Pattern
The exam is divided into two main components:
- National Portion
- Covers general real estate principles and practices.
- Content is consistent across states.
- State-Specific Portion
- Covers real estate laws, regulations, and practices unique to the candidate’s state.
- Required for licensure in that state.
Both portions are typically taken in a single testing session, though this may vary by state.
Number of Questions
All questions are objective, four-option multiple-choice items.
Time Allotted
Exact timing varies by state.
Scoring and Passing Criteria
- Each portion is scored separately.
- Scores are reported as pass or fail.
- Passing scores are set by individual state real estate commissions.
- Candidates must pass both the national and state portions to qualify for licensure.
Unscored pretest questions may be included but do not affect the final score.
Exam Delivery Method
- Computer-based testing.
- Available at authorized PSI test centers.
- Online proctored testing may be available in some states.
Importance of the Exam
- Confirms your knowledge of real estate principles, laws, and ethical practices.
- Protects the public by ensuring licensed professionals meet minimum competency standards.
- Required to legally practice real estate in the state.
- Serves as the final step after completing state-approved pre-licensing education.
Passing the PSI Real Estate Exam is not optional. It is the gateway to entering the real estate profession and practicing in compliance with state law.
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