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Free Real Estate Practice Exam | 20 Questions

By
Robert Rico
|
2026-06-25
5 min.
Learn More - Our ProgramEnroll Now
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You can read your textbook five times and still freeze on exam day. The fix isn't more reading. It's practicing with real questions, under real conditions, until the format stops surprising you.

This free real estate practice exam lets you do that right now. You get 20 questions built around the national portion of the licensing test, scored the second you answer, with a plain-English explanation for every choice. You can take the full test or drill one topic at a time. No email, no paywall. Take it, see where you stand, and find out exactly what to study next.

Free real estate practice exam

20 national-portion questions with instant scoring and an explanation for every answer. Take the full exam or drill one topic at a time.

or practice by topic

Correct 0 Incorrect 0

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Want unlimited practice exams, video explanations, digital flashcards, and a pass guarantee? Learn more about US Realty Training's exam prep and crash course.

Start your exam prep

Take the free real estate practice exam

This free real estate practice exam includes 20 multiple-choice questions modeled on the national portion of the licensing test, with instant scoring and an explanation for every answer. Start with the full 20-question test to get an honest read on where you stand. Then switch to by-topic mode to drill a single area, like financing or agency, until it clicks. Your score and your wrong answers are the whole point, so don't rush. Read each explanation, even on the questions you get right.

Question
Quick answer
Is this real estate practice exam free?
Yes. All 20 questions, instant scoring, and the explanations are free, with no sign-up.
How many questions are on the national real estate exam?
About 80 multiple-choice questions on the national portion. Your total exam is longer once your state adds its portion.
What score do I need to pass?
Most states require about 70% to 75%. Check your state's candidate handbook for the exact cut score.
What topics are covered?
Property ownership, land use, valuation, financing, agency, contracts, disclosures, and leasing, plus real estate math.
How should I use these questions?
Take the full test first to find weak spots, then use by-topic mode to drill what you miss.
Are these the exact exam questions?
No. Real questions are confidential. These mirror the format, topics, and difficulty so you practice the right concepts.

How many questions are on the national real estate exam?

The national portion of the real estate exam has about 80 scored multiple-choice questions, and most states require a score of roughly 70% to 75% to pass. According to the exam content outlines published by testing providers like PSI and Pearson VUE, the national portion runs about 80 scored questions, sometimes with a handful of unscored "pretest" questions mixed in. Your total exam is longer because your state adds its own state-specific portion on top of the national one.

Here's the part most people get wrong about retakes. Most states allow unlimited retakes with a short waiting period between attempts, often 24 hours to a few weeks. If you pass one portion and fail the other, you usually only retake the portion you failed. Check your state's candidate handbook for the exact rules, because they vary.

What's on the national real estate exam?

The national real estate exam covers the same core topics in all 50 states: property ownership, land use controls, valuation and market analysis, financing, agency, contracts, property disclosures, and leasing and property management, plus real estate math. Two of those, agency (the legal relationship where one person represents another in a deal) and contracts, are consistently among the most heavily weighted categories. If you know agency and contracts cold, you've got a real head start.

Want to know where most students lose points? Our breakdown of the hardest part of the real estate exam sorts it out by category so you can study smarter.

How to study for the national real estate exam

The most effective way to study for the national real estate exam is to take practice tests early and often, then study the topics you miss instead of rereading the whole book. Re-reading feels productive. It isn't. Practice tests show you where your real weak spots are.

Here's an approach that works. Take the full practice test above with no prep first. Don't worry about the score, you're using it to diagnose. Then sort your wrong answers by topic. That list is your study plan. Give extra time to real estate math, which typically makes up roughly 10% to 15% of the national exam and includes commission, loan-to-value, proration, and capitalization rate problems. Most students underestimate how much math they'll see, then get caught off guard. The benchmark to aim for is 75% or higher, consistently, before you schedule the real thing. One good score isn't enough. You want it to be repeatable.

How do I pass the real estate exam on my first try?

You pass the real estate exam on your first try by managing the clock, eliminating wrong answers, and knowing the vocabulary cold. You have roughly 90 seconds per question, so if you don't know an answer right away, flag it and move on. Come back at the end. Spending four minutes on one question is one of the most common ways people run out of time.

On tricky questions, rule out the two answers that are clearly wrong first. Now you're choosing between two options instead of four, and those are much better odds. And know the terms. A big share of national questions test whether you know what a word means. If you don't recognize a term in the question, you can't answer it, no matter how hard you studied. For more on test-day strategy, our guide to passing the PSI real estate exam walks through what the testing experience looks like.

Is taking practice exams enough to pass?

Practice exams alone can be enough to pass if you treat every wrong answer as a study assignment, but most people pass faster with structured prep that explains why each answer is right. Free questions are a great diagnostic. They tell you what you don't know. What they don't do is teach you the concept you missed, in depth, the first time. That's the gap. Our full guide to passing the real estate exam covers the study plan in detail if you want to build your own.

Enroll NowGraphic showing discount are available for US Realty Training's real estate post-licensing courses.

TL;DR: This free real estate practice exam gives you 20 scored national-portion questions with explanations and a by-topic mode. Aim for 75% or higher consistently before you book the real test, and use the questions you miss as your study plan. If you want video explanations and unlimited questions, full exam prep takes it from there.

By
Robert Rico
|
Jun 25, 2026
Planning
5 min.
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Deed restrictions, easements, and CC&Rs are private controls created by owners or developers." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Deed restriction" }, { "@type": "Answer", "text": "Easement" }, { "@type": "Answer", "text": "CC&Rs" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "The sales comparison approach is MOST useful for:", "acceptedAnswer": { "@type": "Answer", "text": "Appraising single-family homes in active markets", "comment": "The sales comparison approach compares the subject property to recent sales of similar properties, so it works best for homes in active markets with good comp data." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Appraising income-producing commercial property" }, { "@type": "Answer", "text": "Estimating the value of vacant land only" }, { "@type": "Answer", "text": "Valuing properties with no comparable sales" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "Which principle says a high-value home surrounded by lower-value homes tends to lose value?", "acceptedAnswer": { "@type": "Answer", "text": "Regression", "comment": "The principle of regression holds that a higher-value property surrounded by lower-value ones declines toward their level. The reverse is progression." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Substitution" }, { "@type": "Answer", "text": "Conformity" }, { "@type": "Answer", "text": "Contribution" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "An appraiser valuing a 20-unit apartment building would primarily use the:", "acceptedAnswer": { "@type": "Answer", "text": "Income approach", "comment": "The income approach estimates value from the income a property produces (net operating income divided by the capitalization rate). It is the primary method for income property." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Sales comparison approach" }, { "@type": "Answer", "text": "Cost approach" }, { "@type": "Answer", "text": "Replacement approach" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "A competitive market analysis (CMA) is typically prepared by:", "acceptedAnswer": { "@type": "Answer", "text": "A real estate agent", "comment": "A CMA is an informal estimate of value prepared by an agent using recent comparable sales. It is not a licensed appraisal and cannot be used to qualify a loan." }, "suggestedAnswer": [ { "@type": "Answer", "text": "A state-licensed appraiser" }, { "@type": "Answer", "text": "A mortgage lender" }, { "@type": "Answer", "text": "A county assessor" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "A mortgage with an interest rate that changes periodically based on a market index is a:", "acceptedAnswer": { "@type": "Answer", "text": "Adjustable-rate mortgage (ARM)", "comment": "An ARM has a rate that adjusts at set intervals based on an index. The starting rate is often lower than a fixed loan, but it carries the risk of future increases." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Fixed-rate mortgage" }, { "@type": "Answer", "text": "Balloon mortgage" }, { "@type": "Answer", "text": "Wraparound mortgage" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "The loan-to-value ratio (LTV) is calculated as:", "acceptedAnswer": { "@type": "Answer", "text": "Loan amount divided by appraised value", "comment": "LTV equals the loan amount divided by the appraised value (or price, whichever is lower). An LTV above 80% usually triggers private mortgage insurance (PMI)." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Purchase price divided by loan amount" }, { "@type": "Answer", "text": "Monthly payment divided by gross income" }, { "@type": "Answer", "text": "Down payment divided by purchase price" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "A home sells for $450,000 with a 6% total commission split equally between the two brokerages. How much does the listing brokerage receive?", "acceptedAnswer": { "@type": "Answer", "text": "$13,500", "comment": "6% of $450,000 is $27,000 total. Split equally between the two brokerages, the listing brokerage receives $13,500." }, "suggestedAnswer": [ { "@type": "Answer", "text": "$27,000" }, { "@type": "Answer", "text": "$6,750" }, { "@type": "Answer", "text": "$4,500" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "Private mortgage insurance (PMI) is typically required when:", "acceptedAnswer": { "@type": "Answer", "text": "The down payment is less than 20%", "comment": "PMI protects the lender (not the buyer) against default. It is generally required when the down payment is under 20%, meaning the LTV is above 80%." }, "suggestedAnswer": [ { "@type": "Answer", "text": "The buyer's credit score is below 700" }, { "@type": "Answer", "text": "The property is a second home" }, { "@type": "Answer", "text": "The loan term is under 15 years" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "A listing agent who represents the seller owes the buyer:", "acceptedAnswer": { "@type": "Answer", "text": "Honesty and disclosure of material facts", "comment": "A listing agent's fiduciary duties run to the seller. To the buyer, a third party, they owe honesty and disclosure of material facts, but not full fiduciary duties." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Loyalty and confidentiality" }, { "@type": "Answer", "text": "Obedience to the buyer's instructions" }, { "@type": "Answer", "text": "Promotion of the buyer's best interests" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "Which best describes a dual agent?", "acceptedAnswer": { "@type": "Answer", "text": "An agent who represents both buyer and seller in the same deal", "comment": "A dual agent represents both parties in the same transaction. It creates a conflict of interest, requires written informed consent from both, and is banned in some states." }, "suggestedAnswer": [ { "@type": "Answer", "text": "An agent who represents two sellers at once" }, { "@type": "Answer", "text": "An agent who works for two brokerages" }, { "@type": "Answer", "text": "An agent licensed in two states" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "A seller responds to a buyer's offer by changing the price. The original offer is now:", "acceptedAnswer": { "@type": "Answer", "text": "Dead, because a counteroffer rejects the original offer", "comment": "A counteroffer is both a rejection of the original offer and a new offer. 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Notarization is not required for the contract, though it is to record a deed." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Offer and acceptance" }, { "@type": "Answer", "text": "Consideration" }, { "@type": "Answer", "text": "Legal purpose" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "Federal law requires sellers of homes built before 1978 to disclose the presence of:", "acceptedAnswer": { "@type": "Answer", "text": "Lead-based paint", "comment": "The Residential Lead-Based Paint Hazard Reduction Act requires sellers and landlords of pre-1978 housing to disclose known lead hazards and provide the EPA pamphlet." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Mold" }, { "@type": "Answer", "text": "Prior criminal activity" }, { "@type": "Answer", "text": "An energy efficiency rating" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "Earnest money is BEST described as:", "acceptedAnswer": { "@type": "Answer", "text": "A good-faith deposit showing serious intent to purchase", "comment": "Earnest money is a deposit showing serious intent. It is held in escrow and applied to the purchase price at closing. Whether it is refundable depends on the contingencies." }, "suggestedAnswer": [ { "@type": "Answer", "text": "A non-refundable down payment" }, { "@type": "Answer", "text": "Proof of the buyer's loan approval" }, { "@type": "Answer", "text": "A payment to the listing agent for services" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "A month-to-month tenancy can be terminated by:", "acceptedAnswer": { "@type": "Answer", "text": "Either party with proper notice, typically 30 days", "comment": "A month-to-month (periodic) tenancy can be ended by either party with proper notice, usually 30 days. The required notice period varies by state." }, "suggestedAnswer": [ { "@type": "Answer", "text": "Only the landlord, with 60 days notice" }, { "@type": "Answer", "text": "Neither party until year-end" }, { "@type": "Answer", "text": "Only a court order" } ] }, { "@type": "Question", "eduQuestionType": "Multiple choice", "text": "A property manager's PRIMARY fiduciary duty runs to:", "acceptedAnswer": { "@type": "Answer", "text": "The property owner", "comment": "A property manager is an agent for the property owner. The fiduciary duties of loyalty, obedience, disclosure, confidentiality, accounting, and care are owed to the owner." }, "suggestedAnswer": [ { "@type": "Answer", "text": "The tenant" }, { "@type": "Answer", "text": "The local government" }, { "@type": "Answer", "text": "The homeowners association" } ] } ] } { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "Is this real estate practice exam free?", "acceptedAnswer": { "@type": "Answer", "text": "Yes. All 20 questions, instant scoring, and the answer explanations are completely free, with no sign-up required." } }, { "@type": "Question", "name": "How many questions are on the national real estate exam?", "acceptedAnswer": { "@type": "Answer", "text": "The national portion has about 80 multiple-choice questions. Your total exam is longer once your state adds its own state-specific portion." } }, { "@type": "Question", "name": "What score do I need to pass the real estate exam?", "acceptedAnswer": { "@type": "Answer", "text": "Most states require about 70 to 75 percent to pass. Check your state candidate handbook for the exact passing score." } }, { "@type": "Question", "name": "What topics does the national real estate exam cover?", "acceptedAnswer": { "@type": "Answer", "text": "Property ownership, land use controls, valuation and market analysis, financing, agency, contracts, property disclosures, and leasing and property management, plus real estate math." } }, { "@type": "Question", "name": "How should I use these free practice questions?", "acceptedAnswer": { "@type": "Answer", "text": "Take the full 20-question test first to find your weak spots, then use by-topic mode to drill the areas you miss until you score 75 percent or higher consistently." } }, { "@type": "Question", "name": "Are these the exact questions on the real exam?", "acceptedAnswer": { "@type": "Answer", "text": "No. Real exam questions are confidential and change over time. These mirror the format, topics, and difficulty of the national portion so you practice the right concepts." } } ] }