Florida Exam Prep Real Estate Easy Agent

Free Florida Real Estate Exam Prep

You'll feel more confident on exam day when you prep with Aceable's Florida real estate license practice tests. Taking our free practice test helps you reinforce what you know, figure out what you need to study, and get a feel for the real exam.

Take a Free Florida Real Estate Practice Test Right Now!

How many Florida real estate exam questions will you get right? Let's find out!

Question 1:

Some sales associates will need to have expert knowledge of the economic challenges some farms may have. These sales associates likely specialize in:

1. Agricultural sales

2. Commercial sales

3. Regional sales

4. Municipal sales

INCORRECT!

Explanation

Licensees who specialize in agricultural sales will need to stay on top of the challenges associated with farm ownership.

Question 2:

Jamar wants to know what properties he would be working with if he chose to specialize in commercial real estate sales. His broker informs him he would likely be working with:

1. Residential property with more than four units

2. Undeveloped land only

3. Farm operations only

4. Industrial warehouses

INCORRECT!

Explanation

Commercial real estate includes residential properties with more than four units, among office buildings and retail properties.

Question 3:

A sales associate needs to direct their client to a few sources of third-party financing. You tell the sales associate to look into:

1. Brokerages with large amounts of reserve capital

2. High-income commercial properties

3. Local appraisers who have worked with your brokerage in the past

4. Commercial banks, savings associations, and credit unions

INCORRECT!

Explanation

Many clients will need third-party financing which can come from commercial banks, savings associations, credit unions, and mortgage brokerage companies.

Question 4:

Ebony owns a business that does the following:

• Oversees real estate transactions to completion

• Brings together the parties to a real estate transaction, such as a buyer and a seller

Ebony's business likely engages in:

1. Investing

2. Community manager association

3. Real estate brokerage

4. Mortgage loan origination

INCORRECT!

Explanation

Real estate brokerage is the businesses of overseeing, consummating, and completing real estate transactions and business by bringing together the parties to a transaction.

Question 5:

Target marketing involves agents utilizing a farm area. Analyze which of the following describes an agent utilizing a farm area:

1. Jose looks for a large piece of rural land to sell to an agricultural investor.

2. Ashanti looks for clients throughout her city. She hopes to get a few from each side of town.

3. Marcel decides not to advertise his services but focus on follow-ups and referrals, instead.

4. Gretta focuses on the south side of town where there are a lot of apartment buildings and condos.

INCORRECT!

Explanation

A farm area is a specific area a real estate associate chooses to specialize and become an expert in. Farm areas can look different. Maybe it's a certain area of town or maybe it's an area with only industrial properties.

Question 6:

Ileanel is starting a new job as a property manager. She asks you for advice on what she should focus her efforts on. You tell her:

1. Property managers have many responsibilities but their most important responsibility is to realize the highest return possible on the owner's investment.

2. Getting tenants is all that matters. Fill your property.

3. Don't spend too much in the first month. That's a classic management mistake.

4. Advertising is overrated. Put all your energy into getting referrals.

INCORRECT!

Explanation

Property managers have many responsibilities but their most important responsibility is to realize the highest return possible on the owner's investment.

Question 7:

Marco manages a mobile home park three miles from the beach. There are 15 homes in the park. Marco needs to make sure he has:

1. A broker's license

2. A CAM license

3. Hazard insurance

4. Worker's compensation insurance

INCORRECT!

Explanation

If a license holder is managing a property with eleven or more units and an annual budget over $100,000, they need a CAM license. Apartment buildings may be an exception.

Question 8:

A sales associate specializes in commercial sales. They should have expert knowledge of:

1. Schools in the area

2. Industrial subdivisions +

3. Increasing cash flow

4. Governmental regulations affecting farms

INCORRECT!

Explanation

Commercial sale specializations require a knowledge of income-producing properties, cash flow, and retail stores.

Question 9:

Ivory, a seller, is nervous about her valuation product being accurate. She wants it to be highly regulated. As her agent, you tell her that in Florida:

1. CMAs must conform to USPAP standards.

2. Appraisals must conform to USPAP standards.

3. BPOs must conform to USPAP standards.

4. All valuation products must conform to USPAP standards.

INCORRECT!

Explanation

Appraisals must conform to USPAP standards while CMAs and BPOs do not.

Question 10:

Which answer describes something that:

• Does not have to conform to USPAP standards

• Is often utilized in the foreclosure process

• Is less costly than comparable options

1. CMA

2. Appraisal

3. BPO

4. Origination

INCORRECT!

Explanation

A broker price opinion (BPO) is a broker's opinion of the value of a piece of real property, given in writing.

Benefits of Taking a Florida Real Estate License Practice Test

Still wondering if a career as a Florida real estate agent is right for you?
Try our free real estate practice exam to test your knowledge about real estate and get a feel for whether it's the right industry for you.

Ready to take the Florida real estate sales associate exam?
The questions on our practice tests cover the same topics you'll see on your official exam. You'll be able to review which questions you got right and which ones you got wrong so you can study more effectively.

Aceable Has What You Need to Pass the Florida Real Estate Sales Associate Exam

When you take a real estate pre-licensing course with Aceable you get more than the basics to meet the requirements. We give you extras like access to experts, interactive tools and free practice exams. It's the resources you need to pass the exam, get a license and launch your new career.

Content Summaries for Easy Review: Content summaries at the end of the learning modules help you easily review information.

Free Practice Tests: You don't have to pay extra for practice exams at Aceable. We understand what a powerful exam prep tool they are, which is why our students get to take Florida real estate practice exams for free.

Ace or Don't Pay Guarantee: Our online real estate license course is so effective that we guarantee if you don't pass the licensing exam after three attempts, we will refund your money. Additional terms and conditions do apply. State laws and regulations may prohibit some students from qualifying. Review our refund policy to learn more.

Conquer the Real Estate Exam with PrepAgent

Aceable has partnered with Prep Agent to help you get the best education possible to jumpstart your new career in real estate!

Through all of our online resources along with PrepAgents masterclasses in helping you prepare your pre-license real estate exam, you are sure to Ace or Don't Pay Guarantee. Through our efforts in maintaining the best possible education you need to be a successful real estate agent and beyond, Prepagent and Aceable is here for you!

Our practice tests and real estate exam assistance will surely have you become a real estate professional in no time!

Here's What to Expect on a Real Estate Practice Exam in Florida

If you took our online Florida real estate course you can go into the exam feeling confident you're at least familiar with everything because we go over it all. Our pre-licensing course is designed to help you gain the knowledge you need to pass the exam.

Florida Real Estate Exam Questions

There are 100 questions total on the Florida real estate license exam covering a wide range of topics.

Exam Topics

The Florida real estate sales associate exam covers a lot of information over 19 topics. Below are the topics and the percentage of test questions for each.

• Real Estate Brokerage Activities and Procedures (12%)
• Real Estate Contracts (12%)
• Residential Mortgages (9%)
• Property Rights: Estates, Tenancies; Condominiums, Cooperatives, Community Development Districts, Homeowner Associations, and TimeSharing (8%)
• Real Estate Appraisal (8%)
• Titles, Deeds, and Ownership Restrictions (7%)
• Authorized Relationships, Duties and Disclosures (7%)
• License Law and Qualifications for Licensure (6%)
• Real Estate Related Computations and Closing of Transactions (6%)
• Legal Descriptions (5%)
• Federal and State Laws Pertaining to Real Estate (4%)
• Types of Mortgages and Sources of Financing (4%)
• Taxes Affecting Real Estate (3%)
• Violations of License Law, Penalties and Procedures (2%)
• Real Estate License Law and Commission Rules (2%)
• Real Estate Investments and Business Opportunity Brokerage (2%)
• The Real Estate Business (1%)
• Real Estate Markets and Analysis (1%)
• Planning and Zoning (1%)

It's a good thing you have unlimited Florida real estate practice tests that feature questions from all 19 topic categories!

Question Format

The Florida real estate license exam is a multiple-choice test.

Test Timeframe

You'll have 3.5 hours to complete the Florida real estate sales associate exam.

Passing Score

You need a score of 75 or higher to pass the Florida real estate exam. Right after you complete the test you'll receive a score report that tells you if you passed or failed.

Begin Working Towards a Career You Control

• Go beyond the required education and Florida real estate exam prep. Get advice and insights you can use to hit the ground running in your new career. Check out our Florida real estate blog for the latest information and trends as well as our Florida career center to see what opportunities are available.

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