National Real Estate
National Real Estate Exam (Salesperson & Broker)
Most states administer their real estate licensing exam in two portions: a national portion covering property ownership, land use, valuation, financing, agency, disclosures, contracts, real estate practice, and calculations, and a state portion covering state law. The national portion is built from shared PSI and Pearson VUE content outlines, so the same core knowledge is tested from coast to coast. C3RT includes a dedicated national question bank for salesperson and broker candidates on top of every state-specific bank.
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National Real Estate Exam Overview
| Detail | Information |
|---|---|
| Full Name | National Real Estate Exam (Salesperson & Broker) |
| Governing Body | State real estate commissions (administered by PSI and Pearson VUE) |
| Category | Real Estate |
| C3RT App Available On | iPhone, iPad, and Mac |
| Official Source | State real estate commissions (administered by PSI and Pearson VUE) official website ↗ |
National Real Estate Content Areas and Domains
Domain areas are sourced from the State real estate commissions (administered by PSI and Pearson VUE) content outline.
Topics Covered
- ✓ Property ownership
- ✓ Land use controls and regulations
- ✓ Valuation and market analysis
- ✓ Financing
- ✓ General principles of agency
- ✓ Property disclosures
- ✓ Contracts
- ✓ Practice of real estate
- ✓ Real estate calculations
How C3RT Helps You Pass the National Real Estate
Adaptive Practice
Questions adapt to your weak areas automatically so every study session on the National Real Estate is time well spent.
Diagnostic Mocks
Full-length mock exams timed to the real National Real Estate format with detailed score breakdowns by topic.
Mistake Bank
Every wrong answer is saved for targeted re-drill. The system resurfaces your mistakes until they stick.
Native on iOS & Mac
Built with SwiftUI, not a web wrapper. Instant load, offline support, hardware-speed rendering.
Sample National Real Estate Practice Questions
Q1.A state charges transfer tax of $0.50 per $500 of the sales price. What is the transfer tax on a $310,000 sale?
- $620
- $155
- $310Correct
- $1,550
310,000 / 500 = 620 taxable units. 620 x 0.50 = 310, so the transfer tax is $310.
Q2.An investor requires a 8 percent capitalization rate. A small office building produces an annual net operating income of $45,000. What is the indicated value?
- $450,000
- $540,000
- $360,000
- $562,500Correct
Value equals NOI divided by the cap rate. 45,000 / 0.08 = 562,500.
Q3.A rental house just sold for $270,000 and rents for $1,800 per month. What is its monthly gross rent multiplier?
- 150Correct
- 12.5
- 180
- 135
GRM equals sale price divided by monthly gross rent. 270,000 / 1,800 = 150.
Q4.A buyer pays 2 discount points on a $280,000 loan. What is the cost of the points?
- $2,800
- $560
- $5,600Correct
- $28,000
One point equals 1 percent of the loan amount. 280,000 x 0.02 = 5,600.
Q5.A seller wants to net exactly $282,000 after paying a 6 percent commission and no other costs. What must the sales price be?
- $298,920
- $300,000Correct
- $299,520
- $305,000
The seller keeps 100 percent minus 6 percent, which is 94 percent of the price. Price = 282,000 / 0.94 = 300,000. Check: 300,000 x 0.06 = 18,000 commission, and 300,000 minus 18,000 = 282,000.
National Real Estate Frequently Asked Questions
What does National Real Estate stand for?
National Real Estate stands for National Real Estate Exam (Salesperson & Broker). It is administered by State real estate commissions (administered by PSI and Pearson VUE).
Who administers the National Real Estate?
The National Real Estate Exam (Salesperson & Broker) (National Real Estate) is administered by State real estate commissions (administered by PSI and Pearson VUE). For official information, visit the State real estate commissions (administered by PSI and Pearson VUE) website.
Is the national real estate exam the same in every state?
The national portion tests the same core content areas nationwide, but the two exam vendors, PSI and Pearson VUE, each maintain their own question banks and several states use a single blended exam instead of separately scored portions. The state portion is always unique to your state.
How many questions is the national portion?
Typically 80 to 100 scored questions for salesperson candidates depending on the state and vendor, with 2 to 4 hours allowed for the full exam. Check your state page for exact numbers.
Do I need to retake the national portion if I fail the state portion?
In most states, no. If you pass one portion and fail the other, you generally only retake the failed portion within a set window. Retake rules and windows vary by state.
What is the hardest part of the national exam?
Candidates most often struggle with real estate math (prorations, commissions, loan calculations) and the finer distinctions in agency law and contract terminology. Focused practice on these areas has the highest payoff.
C3RT is a native iOS and macOS exam preparation platform covering the National Real Estate Exam (Salesperson & Broker) (National Real Estate), a Real Estate certification, administered by State real estate commissions (administered by PSI and Pearson VUE). C3RT is not affiliated with or endorsed by State real estate commissions (administered by PSI and Pearson VUE). Certification names and trademarks are the property of their respective organisations. For official exam registration, eligibility requirements, and content outlines, visit the State real estate commissions (administered by PSI and Pearson VUE) official website ↗ .