Illinois Real Estate Practice Exam

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Illinois Real Estate Broker And Managing Broker License Exam Prep Courses

Illinois Real Estate Exam 2021 (60 Questions with Explained Answers)

Most students preparing for their real estate exam find our exam prep courses to be extremely beneficial. Pass your exam with the most comprehensive test engine availableKaplans Exam Prep QBank. Our QBank allows you to simulate nearly every test environment, so you can strengthen your knowledge and tailor your exams specifically to your strengths and weaknesses.

With our QBank, you can:

  • View hundreds of multiple-choice questions
  • Build your own exams and pick the topics and number of questions
  • See explanations of the correct answers

Online Courses For Real Estate Exam Preparation

If you want to prep for your exam from the comfort of your home. Also without compromising on the quality of your study time, online courses are the right choice. For example, Illinois Brokers Academy offers comprehensive self-paced online courses for estate brokers and managing broker Illinois real estate exams. The courses cover all exam content within multiple chapters. The chapters are further broken down into short lessons that you can access. Each course also contains both a practice final exam and short practices tests for each chapter:

Remember Theres Only One Correct Answer

The best part about multiple-choice tests is that there is, unequivocally, one correct answer to every question on the test. With this established, there are, therefore, three categoricallyincorrect answers to every question.

If youre having trouble with a question, try reversing your perspective on it. Rather than seeking the correct answer, try picking out the wrong answers. Can you identify the fundamental flaws in the answer choices? Three of them exist. Even if the right answer doesnt jump off the page, the wrong answers might.

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Always Anticipate The Answer Before Looking At The Choices

Complicated wording may cause you to get tripped up on the real estate licensing exam. You may misinterpret an answer choice. Deceptive language is arguably fair game on tests like these. Therefore, double-negatives, unrelated conclusions, or red herrings are commonly used .

You can combat this multiple-choice test feature by predicting what you think the answer will be before reviewing the answers. By doing so, you are giving yourself a gut-checked answer you can compare against the answer choices, rather than trying to find one answer that simply sounds better than the others. If an answer choice isnt anything close to what you predicted, its probably incorrect. If one lines up well with what you had in mind, chances are youve got the right one.

Take Our Free Real Estate Practice Exam 2021 Illinois AMP Realty Pass Real Estate Exam Prep Study ...

Real estate practice exams are essential tools to prepare you for your state licensing exam. We designed a real estate practice exam with 30 questions covering all the major topics youll encounter on your state licensure exam.

Whether youre getting your real estate license in California, Florida, New York, or anywhere in between, getting some practice questions under your belt is a great way to ensure youre ready on exam day. Well give you immediate feedback along with your results and compare your performance to others whove also taken our real estate practice exam.

Your states real estate exam will allow you a basic function calculator, so make sure you have one handy before taking our free real estate practice exam.

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Select How Would You Like To Study

The Illinois Real Estate Exam is administered by the State of Illinois Department of Financial and Professional Regulation�s Bureau of Real Estate Professions for prospective real estate brokers, managing brokers, leasing agents, real estate firms, real estate appraisers, auctioneers, auction firms, home inspectors, and home inspector entities applying for licenses. All salespersons and brokers must pass the computer exam in order to qualify for a license in Illinois.Exams are scheduled based on the volume of applicants. Test-takers may choose from testing in Chicago or Springfield.Topic breakdown:

  • Property Ownership and Land Use Controls and Regulations
  • Practice of Real Estate
  • Mandated Disclosures Contracts

This practice exam will help you not only review key real estate concepts, but also familiarize yourself with the multiple choice written exam format that you will encounter on test day.

To supplement this free practice quiz, we strongly recommend full exam preparation from our sponsor United Realty Media, which offers a high quality web-based training for the Illinois Real Estate Exam.Disclaimer: This content is provided for informational purposes only. It has not been edited, fact checked or updated. This content is neither affiliated nor endorsed by the Illinois Department of Financial and Professional Regulation. These questions were written by a third party test prep company and licensed by PracticeQuiz for use on this site. Please use at your own discretion.

The Real Estate License Exam Is Pass/fail No Extra Credit For A Perfect Score

If youre an overachiever like me, the allure of a perfect score on a test is hard to ignore. You may be tempted to try to crush it. Resist the urge! In the case of the real estate licensing exam, you simply have to.

Why? From a test strategy standpoint, your goal is to correctly answer the number of questions that will get you a passing score. You need a grade of 70% to pass the exam and get your license. On a 100-question test, your strategy is to answer 70 questions correctly. My advice is to skip questions liberally.

Answering 90 questions correctly wont earn you anything extra. Expend all your best energy to reach the passing thresholdanything beyond that doesnt matter when it comes to your real estate licensing exam .

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Other Free Real Estate Exam Resources

There are many online resources available for those looking to prepare for the real estate exam. Many of these resources can be found absolutely free online, such as:

Review these 90 terms to prepare for your real estate exam. Quizlet
Review this in-depth study guide for your real estate exam. Master Real Estate
Review 85+ flashcards on various real estate terms. Study Stack
Review 650+ real estate terms from the glossary of a real estate text book. Study Stack

About The Real Estate License Exam

Illinois Real Estate Exam 2020 (60 Questions with Explained Answers)

Becoming a real estate agent can be a rewarding and lucrative career move. While there are many steps to becoming a licensed real estate agent, one of the biggest hurdles is passing the Real Estate License Exam. This exam varies from state to state to reflect differences in the state laws related to real estate transactions and mortgage lending. However, there are many similarities no matter where you take the exam.

Prior to taking the exam, you must complete your required pre-licensure education requirements. The hours required may also vary from state to state, but generally range anywhere from 20 to 200. After this requirement has been met, you can register for the Real Estate License Exam in the state in which you intend to practice professionally. There are multiple testing companies that offer the exam, including Pearson-Vue, PSI, and AMP.

The exam itself is generally broken into two sections. The longer section covers information that would have been covered in your pre-licensure class this section is usually very similar across all states. The second section is shorter and covers real estate laws applicable to the state you will be serving. Otherwise, this exam is not divided into sections by topic, but we have divided our materials into six sections for study purposes.

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Illinois Realtors State And National Exam Prep

Exam Prep Edge is an intuitive online study experience that will help you gain the edge in acing your exam and getting your real estate career off to the right start. It provides you with the opportunity to prepare for your exam with the following benefits:

We provide dynamic practice exams with unique questions to get you ready for your upcoming exam. You are able to review your results from each attempt and hone in on those areas where you feel like you are particularly strong and those where there is opportunity to improve.

This course is hosted on the Leap Learning online platform. Follow the instructions at checkout to create your account with Leap Learning.

Ready To Take Your Real Estate Exam

If you’re ready to take the real estate exam, but are looking for one last opportunity to study, PrepAgent offers Real Estate Crash Courses over the weekend. These 3-4 hour virtual cram sessions give you a live review of frequent real estate exam topics as well as interactive time with an experienced tutor.

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What To Expect On Test Day

Because the details of this test vary across states, it is crucial that you communicate with the testing center before your test day to know what to bring with you and any other rules or policies that may be important. Each testing center has their own requirements related to what materials to bring, how and when to pay fees, and what identification is acceptable. Be sure that you have researched these policies fully so that you arent caught off guard when you arrive.

And as with any test, its always a good idea to get a full nights rest and eat a hearty meal before arriving to take the test. Doing this will help you focus fully on the test, rather than becoming distracted by drowsiness or hunger.

Inland Real Estate School

Real Estate Broker Test Prep

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DISCLAIMER: The results stated above are results from Inland Real Estate School, Inc and/or its associates, employees, affiliate, partners, sponsors, contractors, or anyone else working directly or indirectly with Inland Real Estate School, Inc, herein referred to as Company. These results are not typical, were not implying youll duplicate them .

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How Long Will It Take To Receive My Exam Score

The length of time that it takes before your official score is released will vary depending upon the policies of your testing center, although it is generally between two and four weeks. Some testing centers allow you to view your unofficial results immediately upon concluding your exam. You will want to check with your testing site before taking the exam to find out more details.

Illinois Real Estate Agent Exam

Need of a License: A real estate salesperson must be licensed by the state of Illinois to represent clients in the sale or purchase of real estate that is located in Illinois.

Who Grants a License: Licenses are granted by the Illinois Department of Financial & Professional Regulation . IDFPR issues three types of real estate licenses for individuals: leasing agent licenses broker licenses managing broker licenses. IDFPR does not issue salespersons licenses.Qualifications to receive a License: A candidate must complete 90 clock hours of study at an IDFPR Advisory board-approved real estate school , pass a school-administered final exam, and pass a state exam. All candidates must submit a full set of fingerprints, prove legal presence and pass a background check. All candidates must be at least 21 years of age. For more information about qualifications, see the 75 Hour Broker Pre-license Courses page on the IDFPR website.

The national test consists of 100 questions, and tests the candidate’s knowledge of general real estate concepts, including the following subject areas:

Agency Relationships and Contracts

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Iowa Real Estate Exam

Iowa Real Estate Exam Information

The exam is broken into two parts: A National portion with 80 questions needing 56 correct to pass , and a State portion with 40 questions needing 28 correct to pass . Once you pass both portions of the exam a pass certificate is issued, if you do not pass one or both portions then you retake the portion you did not pass.

Cost of the exam = $101

Time allowed for the exam = 120 minutes & 60 minutes

Exam breakdown by topic

  • Property Ownership 6 / 5 questions
  • Land Use Controls & Regulations 5 questions
  • Valuation and Market Analysis 8 / 7 questions
  • Financing 7 questions
  • Laws of Agency 10 / 11 questions
  • Mandated Disclosures 7 / 8 questions
  • Contracts 10 questions
  • Transfer of Property 4 / 6 questions
  • Practice of Real Estate 12 / 11 questions
  • Mathematics 7 / 5 questions

Best Real Estate Exam Prep In Illinois

[Illinois Real Estate Broker Exam Prep] 30 Vocabulary You Should Know to Pass the Exam

Quick note! RealEstateLicenseTraining is partnered with the best online real estate schools. When you sign up using our links, we may get a small affiliate commission. Read how we conduct our reviews here.

So, youve completed the real estate pre-licensing education requirements in Illinois.

Next step the Illinois Real Estate Licensing Exam.

If you dont feel prepared enough, then we suggest you take an exam prep study guide.

Sounds like something you need?

If so, then lets review the 5 best real estate exam preps in Illinois for 2022.

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Complete Illinois Real Estate Drill And Practice Qbank

Price: $99.00

  • Pinpoint problem areas with performance tracker
  • Access your QBank online when and where it is convenient for you
  • Theres no such thing as being over-prepared

Two great things in one convenient package!

Prepare yourself with the leader in test preparation. Kaplan offers you two distinct QBanks in one convenient package. Now you can focus your preparation for the Illinois Broker Real Estate License Exam specifically on the state and national portions with this custom online QBank package.


Illinois Real Estate Drill and Practice QBankWhen it comes to preparing for and passing the state portion of the Illinois Broker Real Estate License Exam, practice makes perfect. Put the most comprehensive QBank test engine to work for you. Kaplans QBank allows you to test yourself with hundreds of questions on the industrys most advanced interactive testing platform. You can simulate nearly every test environment to help improve your exam score. And because the QBank is online, you can access it anytime, anywhere it is convenient for you! When it comes to passing your Illinois Broker Real Estate Exam, you can never be too prepared!

Welcome To The National Real Estate Practice Exam

This free practice exam is here to help you master the national portion of the real estate exam. Our real estate practice exam pulls from a large pool of questions, so you can expect a different study experience each time you take it.

Donât forget to read the explanations so you fully understand the question. At the very end of each exam, there is a recap of the questions you got right or wrong, which is also very helpful to look at.

We also have detailed state-specific practice exams located down below, along with an extensive math practice exam.

Keep scrolling for more! Have fun, study hard, and reach out if you have any questions,

Real Estate License Wizard Team

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Always Answer The Questions You Know First

If you dont know the answer to a question, skip it and move on. But make sure you come back to it later. Heres why:

Lets say you have 10 minutes left on your timed test and 10 questions left to answer. The second of your 10 remaining questions is a particularly tough one, and you spend seven minutes trying to figure out the answer. Now, with only three minutes left, youre forced to quickly answer the remaining eight questions, some of which you may guess at to avoid leaving blanks.

Wouldnt it be a shame if the last eight questions on the test were easy onesguaranteed points for youbut you provide random answers because you dont have time to consider them carefully?

By skipping through the questions you dont know the answers to and focusing first on the questions you know the answers to, youre giving yourself time to answer the questions youre most likely to get right.

Free Real Estate Exam Resources

Illinois Real Estate Exam for Android

Below we have aggregated a list of free study resources in hopes that you can pass your practice real estate exam on your first try . If you know of a free resource that we can add to this list, please e-mail us and let us know.

  • Nelnet Solutions provides a free 300 page real estate practice PDF that can be accessed here. We have reviewed the material and found it to be slightly better than average content that will help you study for your real estate exam.

  • Quizlet is a flashcard website that has many real estate practice exam questions that are 100% free. This link is one of our favorites and we can vouch for the material.

  • has a small guide which they call a cheat sheet. It is basically some terminology that you will 100% see on the real estate exam.

  • Pearson Vue Practice Exam This one is not free on the link I am providing but if you search the internet you can find it. For legal purposes, I can not provide a link. We really think this content is fantastic.

  • PSI Real Estate Practice Exam Once again, this one is not free but if you know how to search google you can find it really easy.

  • has a free practice test with 41 questions that you can use to practice as well. We dont like the exam material in this one as much but it can still be fantastic review and practice for your real estate test.

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