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People also ask
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Which act established the Tennessee Real Estate Commission?
The 1973 Tennessee Real Estate Brokers Act, Rules, and Regulations, along with the Tennessee Timeshare Act, govern whether or not a candidate will be issued a license.
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How hard is it to pass the real estate exam in Tennessee?
How difficult is the state real estate exam? Most Tennessee agents will describe the real estate licensing exam as “not easy.” There are 120 questions on the exam and you'll need to answer at least 70% of them correctly. You'll have 160 minutes to complete the state exam.
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Can you use a calculator on the TN real estate exam?
Tennessee. Do I need a calculator for real estate exam in Tennessee? You may bring a battery-operated calculator for use during the exam, but it must be operated silently. It cannot be programmable and must not have a keyboard containing the alphabet nor paper-tape printing capabilities.
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Can you take the real estate exam online in TN?
Yes, you can take the Tennessee real estate exam online with proctoring. To take the exam online, you'll need to confirm that your computer meets the system requirements of PSI.
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What is the passing score for the real estate exam in Tennessee?
Complete an approved 120 hours of Tennessee real estate pre-license education. Step 3. Successfully pass the real estate licensing examination by earning a score of 70% or higher.
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How much does a real estate agent in TN make?
As of Oct 23, 2024, the average annual pay for a Real Estate Agent in Tennessee is $72,652 a year. Just in case you need a simple salary calculator, that works out to be approximately $34.93 an hour. This is the equivalent of $1,397/week or $6,054/month.
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How many members of the Tennessee Real Estate Commission must be licensed?
(b) Seven (7) of the members shall each have been principally engaged as a licensed broker or affiliate broker in this state for at least five (5) years prior to the date of the member's appointment and shall be of recognized business standing.
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How much does it cost to get your real estate license in Tennessee?
Fees Initial License Application$91.00 Initial Time Share Firm Registration $750.00 Broker (Upgrade from Tennessee Affiliate Broker) $91.00 Licensee Renewal (every 2 years) $75.00 Firm Renewal (every 2 years) $75.006 more rows
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