latest news & information
GREC is lowering the passing score for the state real estate license exam. It has also released a new category breakdown for the exam as created and administered by Applied Measurements Professionals (AMP) effective June 1, 2019.
Previously, the categories for the National portion of the exam were broken down as follows: (these categories could be viewed in the AMP Candidate Handbook)
The new version has expanded certain categories, breaking them down into more specific topics. The greatest change that I see is that they have reduced the number of questions on property management. They also reduced questions on finance (not math but rather questions pertaining to the lending process, mortgage industry, federal requirements, etc. which typically present the greatest challenge to licensing candidates). Alternately, the have separated Agency and Contracts and increased the over all questions for those.
The new categories for the National portion look like this:
Another major change is that GREC is reducing the passing grade on their licensing exam from 75% to 72% which means of the 152 questions, a candidate must answer 109 of them correctly. They are also allowing schools to lower the passing score of their prelicense courses to match the state passing score.
Brokers and CAM exams are not being affected by these changes at this time.
To view the AMP Candidate Handbook for a better look at what you can expect from the state real estate exam, visit http://GoAMP.com.