Below is a list of the topics covered on the National portion of the South Carolina real estate exam and the percentage of questions for each topic.
- Contracts – 17%
- General Principles of Agency – 13%
- Practice of Real Estate – 13%
- Financing – 10%
- Real Estate Calculations – 10%
- Property Ownership – 8%
How do I pass the South Carolina real estate exam?
To pass, you must correctly answer 56 national questions and 21 state questions. The broker exam consists of 80 national questions and 35 state specific questions. To pass, you must correctly answer 60 national questions and 25 state questions.
Does South Carolina require an attorney for real estate?
South Carolina is one of several states that require a real estate attorney to be involved, but it’s one of just a select few that mandate the attorney be physically present at the closing.
How many times can you fail the real estate exam in SC?
If the examination is failed three times, the candidate is unable to retest or submit a new application until additional qualifying real estate education is completed as follows: Thirty hours for an applicant who fails either the national or state part of the examination; and 60 hours for an applicant who fails both
What should I study for the SC real estate exam? – Related Questions
What states have the hardest real estate exams?
Of all states, Colorado and Texas come on top as the hardest in terms of granting a real estate license. Each of the states requires some education and a test, which you must pass before being issued with a real estate license.
Can I take my SC real estate exam online?
The South Carolina Real Estate Commission has approved the use of temporary e-proctoring. You can now take your course final exam online through PSI. See online proctoring instructions here.
What happens if you fail real estate exam South Carolina?
What do I do now? If you failed one or both portions of the real estate salesperson licensing exam, your score and reapplication instructions will be included in your score report. You will need to re-register for the exam, which includes paying the exam fee again.
How hard is it to pass the SC real estate exam?
There are 120 questions in total on the South Carolina real estate exam – 80 of the national and 40 of the state section. To pass the exam, you need to answer 75% of the questions correctly – 56 of the national and 28 of the state section.
How many questions are on the South Carolina real estate exam?
The South Carolina salesperson licensing exam contains 110 multiple choice questions total, with 180 minutes allowed to complete it. You’ll have 120 minutes to answer the 80 national questions about general real estate topics and 60 minutes to answer the questions about state real estate laws.
How long is the SC real estate exam?
You’ll have three hours to complete your South Carolina real estate exam. If you don’t pass the exam on your first try, you can apply to retake the exam.
How much does a realtor make in SC?
On average, real estate agents make $84,459 per year according to salaries reported by Indeed users.
How much is SC real estate exam?
The fixed costs involved in getting your South Carolina real estate salesperson license include: License Examination Fee – $63.00. Salesperson Exam Application Fee – $35.00 (includes $10 for credit check) Salesperson License Fee – $25.00 (paid after passing exam)
How much does it cost to get a real estate license in South Carolina?
The Total Cost to Become a Real Estate Agent in South Carolina – $580-$780+ With all these costs added together, you should expect to pay somewhere around $580 to $780 in total to become a real estate agent in South Carolina.
Can you be a real estate agent part time?
Yes. You can be a part-time real estate agent. Licensed real estate agents can work as many or as few hours as they want, making this career a near-perfect choice for someone looking for flexible, part-time work with excellent earning potential.
What states have reciprocity with South Carolina real estate license?
If you’re looking to move out of South Carolina and plan on continuing to practice real estate, only West Virginia and North Carolina accept a South Caroline real estate license. If you’re looking to move to any other state, you will need to look into that state’s real estate license application process.
Is being a real estate agent hard?
Earning a living selling real estate is hard work. You have to be organized in order to keep track of legal documents, meetings, and all the tasks that go into multiple listings. You may go without a paycheck for periods of time because the work is often commission-based. If you don’t sell, you don’t earn anything.
Why I quit being a real estate agent?
The number one reason people quit real estate is because they expect to see immediate results. People expect a solid month of hard work to result in a good deal and a lot of money, and when it doesn’t, they are quick to decide real estate must not be for them. The problem is, real estate is not a get rich quick scheme.
How long do most real estate agents last?
It’s common knowledge that 87 percent of real estate agents will fail within the first five years. But it’s not as simple as that. A combination of housing inventory challenges, anxiety around the country, and ever-changing effective lead generation strategies make the real estate industry more complex throughout 2021.
Is real estate a good career in 2022?
If you’re thinking about real estate as a career, you should be thinking beyond just the next two years. Real estate has literally been around forever and will still be here when we are gone. Therefore, the career choice of becoming a real estate agent is a good one in 2022 or any other year.
What real estate job makes the most money?
Real Estate Broker
A career as a real estate broker is one of the highest paying and lucrative professions in the real estate industry. On average, experienced brokers take home a six-figure pay.