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Hi Shea, The New York real estate exam is in a multiple choice format with questions that have been based on the 75-hour pre-licensing curriculum that you should have already taken. They choose the multiple choice, simply because they are easier for students to take and easier to administer and grade as well. In addition, you will be given 1.5 hours to complete the exam. They will require that you correctly answer a minimum of 70% of the questions to pass the exam. Your exam results will be reported simply as either passed or failed, they do not currently provide a numerical score. Real Estate Exams are typically broken into two different parts. The first part would be a kind of general and should cover key concepts, such as forms of real estate ownership, fiduciary responsibilities, and fair housing law. The second part is generally state specific and will ask questions which would only be pertinent to New York real estate law and regulations. Usually, any questions about state license law are covered in the state specific portion of the exam. Your exam will be administered through eAccessNY which is the states online terminal, a part of their website.

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by jdonnovan

6 months ago

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