Tennessee Real Estate Exam Prep

Info for Tennessee Real Estate Affiliate Broker and Broker Licenses

Are you interested in obtaining a real estate license in Tennessee? Here are the specific requirements you need to meet based on your role:

Affiliate Broker: To obtain a real estate license in Tennessee, you need to meet certain requirements set by the Tennessee Real Estate Commission (TREC)

• Age: You must be at least 18 years old.
• Education: You must complete a 60-hour pre-licensing course from an approved Tennessee real estate school.
• Exam: You must pass the Tennessee real estate licensing exam with a score of at least 70%.
• Background check: You must pass a background check and submit fingerprints.
• Application: You must complete and submit a license application with the required fee.
• Experience: You must have either two years of experience as a licensed real estate affiliate broker or have a bachelor's degree with a major in real estate from an accredited institution.

Additional Requirements for Tennessee Real Estate Affiliate Broker License

• The 60-hour pre-licensing course must be completed within two years of submitting the license application.
• The Tennessee real estate licensing exam is administered by PSI Services, LLC, and consists of a national section and a state-specific section.
• You must provide fingerprints to the Tennessee Bureau of Investigation (TBI) for a criminal history background check.
• The license application must be submitted online through the Tennessee Real Estate Commission's website.
• If you don't have two years of experience as a licensed real estate affiliate broker, you can still qualify for a license if you have a bachelor's degree with a major in real estate from an accredited institution.
• You will be required to complete continuing education courses on a regular basis to maintain your license.

Requirements to Become a Licensed Real Estate Broker in Tennessee

• Age: You must be at least 18 years old.
• Education: You must complete 120 hours of approved real estate education, which includes a 30-hour course on office management and a 30-hour course on agency law.
• Experience: You must have at least three years of experience as a licensed real estate affiliate broker or equivalent experience approved by TREC.
• Exam: You must pass the Tennessee broker licensing exam with a score of at least 75%.
• Background check: You must pass a background check and submit fingerprints.
• Application: You must complete and submit a license application with the required fee.

Note that the education requirement for a broker's license is 120 hours, which is double the requirement for a real estate agent's license. Additionally, brokers must have at least three years of experience as a licensed real estate affiliate broker or equivalent experience approved by TREC.

Passing Scores for Tennessee Real Estate Exams

• The passing score for the Tennessee real estate licensing exam is 70%.
• The exam consists of 120 multiple-choice questions. (40 state and 80 national)
• The passing score for the Tennessee broker licensing exam is 75%.
• The exam consists of 125 multiple-choice questions. (50 state and 75 national

Important links for Tennessee real estate Affiliate Brokers and Brokers

• Official PSI Exam Information
• Tennessee Real Estate Commission Licensing Information
• Tennessee Real Estate Commission
  (Resources and FAQ)

What is on the Tennessee Real Estate Exam?

The Tennessee affiliate broker and broker exams consist of two parts: national and state-specific. If candidates pass one part but not the other, they only need to retake the part they didn't pass. Below is a overview of what you'll face on the exam, focusing on 20 essential topics.

Tennessee National Topics Outline:

1. Property Ownership (Affiliate Broker 10% - Broker 10%)
2. Land use Controls (Affiliate Broker 5% - Broker 5%)
3. Valuation (Affiliate Broker 8% - Broker 8%)
4. Financing (Affiliate Broker 10% - Broker 9%)
5. Contracts (Affiliate Broker 19% - Broker 19%)
6. Agency (Affiliate Broker 13% - Broker 13%)
7. Property Disclosures (Affiliate Broker 7% - Broker 7%)
8. Property Management (Affiliate Broker 3% - Broker 5%)
9. Transfer of Title (Affiliate Broker 6% - Broker 6%)
10. Practice of Real Estate (Affiliate Broker 12% - Broker 12%)
11. Real Estate Calculations (Affiliate Broker 7% - Broker 6%)

Tennessee State Topics Outline:

1. Duties and Powers of Real Estate Commission (Affiliate Broker – 4 Questions, Broker – 6 Questions)
2. Licensing Requirements (Affiliate Broker – 4 Questions, Broker – 5 Questions)
3. Advertising and Marketing (Affiliate Broker – 7 Questions, Broker – 7 Questions)
4. Broker/Affiliate Relationships (Affiliate Broker – 5 Questions, Broker – 6 Questions)
5. Handling of Documents and Record Keeping (Affiliate Broker – 4 Questions, Broker – 6 Questions)
6. Handling of Trust/Escrow Funds (Affiliate Broker – 4 Questions, Broker – 7 Questions)
7. Other Improper Activities and Consumer Protection (Affiliate Broker – 3 Questions, Broker – 3 Questions)
8. Agency and Disclosure Issues (Affiliate Broker – 6 Questions, Broker – 7 Questions)
9. Special Areas of Practice (Affiliate Broker – 3 Questions, Broker – 3 Questions)