Wisconsin Real Estate Exam Info

What is required to get a license?

For salespersons:

  • Complete the form and apply online.
  • Complete the board-approved 72-hour pre-license education program for salespersons within the past four years or complete 10 semester hour credits in real estate or real estate-related law courses from an accredited institution of higher education.
  • Real estate examination successfully completed.
  • Fees: Examination Fees (Salesperson: $82). License (Salesperson: $75).

For brokers:

  • Complete application form and apply online.
  • Education requirements:
  • Completion, within 4-years of Broker’s licensure, of real estate Broker’s education program in business management under Wis. Admin. Code § REEB 25.023 through an education program that has been approved by the Board and evidence of licensure as a Real Estate Salesperson for at least two (2) years within the last four (4) preceding years under the direct supervision of a licensed Broker and have accumulated 40 points of experience.
  • Completion of non-resident Broker equivalency under Wis. Admin. Code § REEB 25.028.
  • Copy of transcript showing 20 academic semester hour credits completed at an institution of higher learning in real estate or real estate
    related law. A quarter hour credit equals 2/3 of a semester hour credit.
  • Evidence that you are licensed to practice law in Wisconsin.
  • Real estate examination successfully completed.
  • Fees: Examination Fees (Broker: $76). License (Broker: $75).

What score do I need to pass?

The salesperson exam consists of 140 items. To pass, you must get a minimum score of 75 over 100.

The broker exam consists of 100 items. To pass, you must get a minimum score of 75 over 100.

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

How much time do I have to complete the exam?

  • For the salesperson exam you are allowed 4 hours to answer.

  • For the broker exam you are allowed 3.25 hours

What should I bring with me for the exam?

  • 2 Forms of identification with matching names, non-expired and containing a valid signature, one of them must be photo bearing (Driver’s license, passport, green card, U.S. social security card, debit or credit card with signature).
  • Basic, silent, 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 salesperson exam consists of the following sections:

  • Ownership and transfer of property
  • Land Use Controls and Regulations
  • Valuing and financing property, calculations
  • Agency
  • Disclosures
  • Contract law and approved forms
  • Business ethics
  • Fair housing
  • Federal anti trust law
  • Miscellaneous

The broker exam consists of the following sections:

  • Real Estate Practice
  • Trust accounts
  • Conduct and ethical practices for real estate licensees
  • Approved forms and legal advice
  • Drafting and supervision knowledge
  • Miscellaneous

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