The PSI Real Estate Salesperson Exam
Exam Coverage The PSI Real Estate COMPLETE Salesperson Licensing examination consists of two separate sections – state and national. Each section is graded and scored separately. The national section consists of 80 questions. These questions cover the areas of general real estate and contract law, financing, survey descriptions, property taxes, ethics, mathematics, closing and settlement practices and the Federal Fair Housing Act. Salesperson candidates are required to achieve a score of 70% or better on this section. The state section of the exam consists of 33-35 questions covering Montana laws. The questions cover such topics as licensing, trust accounts, deeds, foreclosures and the landlord-tenant act. Salesperson candidates must score at least 70% of state-specific questions.
Exam Scheduling You can schedule your exam online or by phone at www.psiexams.com or 800-733-9267. Scheduling works on a first-come, first-served basis so it is recommended that you schedule your exam 4-6 weeks in advance to get the location and dates that you want. You must cancel or reschedule your exam appointment 2 business days prior to your exam to avoid a penalty. When scheduling your exam, you will need to choose “Government/State Licensing Agencies,” Montana Real Estate Salesperson Licensing Exam, and make sure to choose the “Complete” exam.
Exam Locations There are five testing centers across Montana: Billings, Great Falls, Helena, Missoula and Kalispell. To view testing center locations in detail and for directions click here.