Indiana State Exam Info

Indiana Real Estate Exam and Indiana Broker Exam Tips: Wouldn't you love to be able to grill a student who just finished taking their real estate exam? Well we have done that for you! Everyday at RealEstateStudyAids.com we receive information from students that have just taken the Indiana real estate exam. We take those new questions they have discovered and last minute tips and pass them on to you!

Real Estate Practice Exam Video: It's great to prepare for your Real Estate Exam with practice exams and questions, but there is no point in testing yourself on something that you do not have a basic understanding of. We offer online videos to help you gain a basic understanding of the national content on your exam.

Specific Indiana Real Estate Exam and Indiana Broker Exam Content: There is no such thing as a "standard" Real Estate Exam. Most states have more than one exam (salesperson and brokers), and all states have varied content from each other. This is why we spend so much time preparing the individual content for the Indiana real estate exam & broker exam, and keeping up with the changes as they occur in Indiana.

Real estate Practice Exams and Real Estate Brokers Exams are organized into categories: When studying for your Indiana Real Estate Exam or Indiana Broker Exam it is important to know your areas of weakness. We have taken the time to divide up the content into categories such as Property Ownership, Practice and Disclosure, Contracts, Financing, Real Estate Math etc. Each Category is graded separately to make it easier to identify and focus on your areas of weakness. Also included are master Real Estate Practice Exams which incorporate all of the different categories into one test to simulate your actual Indiana Real Estate Exam or Indiana Real Estate Broker Exam.

Indiana Real Estate Exam Questions and Indiana Real Estate Brokers Exam Questions Are Constantly Updated: We constantly update all of our Indiana practice questions, including our national practice questions, our explanations and answers, and other content. These all unite to give you the most comprehensive and up to date information for your Indiana Real Estate Exam or Indiana Real Estate Brokers Exam.


Question: Do I need a high school diploma to get a real estate license?
Answer: No. You need to be 18 years of age, and take a 54 hour real estate pre licensing course, pass the course and examination to be license.


Question:
How do I register for the examination?
Answer: You can register for the examination by contacting our exam provider, Promissor. You will need to take your pre-licensing course certificate with you to the exam.


Question:
How long after I take the course do I have to pass the exam?
Answer: One year for the date on you certificate of course completion.


Question:
After I pass the examination how long do I have to apply for my license?
Answer: One year.


Question:
Do I have to be a salesperson prior to being a broker?
Answer: Yes. For one year with an active license


Question:
If I am with a referral agency is this considered active?
Answer: You are considered to have an current license, but are unable to practice the sale of real estate during this time. No continuing education is required if you are in the referral status and is required to move your license to Active status.


Question:
Can I take the broker course before I have been licensed as a salesperson for one year?
Answer: Yes. But you cannot be licensed until you complete one year as a salesperson.


Question:
Is there a fee to transfer your license?
Answer: There is a $10.00 fee to transfer your license. Please make your check payable to the Indiana Professional Licensing Agency.


Question:
What states do we reciprocate real estate licenses with?
Answer: Arkansas, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kentucky, Massachusetts, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, and Wisconsin.


Question:
When I send in to transfer from my employer, when can I go to work?
Answer: After you receive the pocket card with your new employer's name on it.


Question:
Do I have to pay a renewal fee if I elect to be inactive?
Answer: You must pay your renewal fee every two years to keep your license active, inactive or referral.


Question:
What does inactive mean?
Answer: That you have not taken your continued education but have paid your required renewal fee.


Question:
Will you issue my new license if I haven't found a broker to work for yet?
Answer: The license will be issued if submitted within one year after passing the examination and held by the state until you find a broker.

This information was obtained from the Indian Real Estate Commission web site, for more information please refer to http://www.in.gov/pla/bandc/estate/