New Hampshire Real Estate Exam: Everything You Need to Know
To become a licensed real estate salesperson in New Hampshire, you must pass the state licensing exam. This article will guide you through everything you need to know about the New Hampshire real estate exam. Here's a breakdown of what you'll learn:
- How to Schedule the New Hampshire Real Estate Licensing Exam
- Requirements for Registering for the Exam
- Cost of the Exam
- Exam Locations
- Exam Coverage
- Difficulty Level of the Exam
- Best Tips to Pass the Exam
How to Schedule the New Hampshire Real Estate Licensing Exam
To apply for the New Hampshire real estate licensing exam, you must meet the following requirements:
- Complete a 40-hour pre-licensing course. The cost for these courses typically ranges between $250 and $500.
- Must be at least 18 years old. Additionally, a background check is necessary to ensure eligibility for the real estate license.
To apply for the New Hampshire real estate exam, you need to follow these steps:
- Submit the Examination Registration Form to PSI: The Examination Registration Form should be submitted directly to PSI Services LLC, as outlined in the handbook. This process includes emailing the pre-licensing course affidavit, application form, and fee to PSI.
- Payment of Examination Fee: Along with the registration form, you need to pay the salesperson examination fee, which is $155. This fee is to be mailed along with the registration form to the Real Estate Commission.
- Schedule the Exam via PSI's Website or Phone: Once PSI has processed your application, you can schedule your exam. The New Hampshire salesperson examination can be scheduled on the PSI website or by phone at (855) 340-3711. The exams are administered only by appointment from Monday through Saturday at designated PSI Assessment Centers
Where Do You Take the New Hampshire Real Estate License Exam?
The New Hampshire real estate exam can be taken at several locations The available test centers in New Hampshire include:
- Concord, NH
- Manchester, NH
- Nashua, NH
- Portsmouth, NH
Can You Take the Exam Online?
No, the New Hampshire real estate exam cannot be taken online. It must be completed in person at one of the designated PSI examination sites located within New Hampshire. Candidates must follow specific guidelines for exam day, including arriving early and bringing the necessary forms of identification.
The in-person requirement ensures adherence to exam security procedures and maintains the integrity of the licensing process.
What to Bring on the Day of Your Exam?
On the day of your New Hampshire real estate exam, it's important to get to the testing center at least 30 minutes before your appointment time. This extra time is for you to sign in, present your identification, and familiarize yourself with the examination process.
Bring the following items with you to the exam center:
- Two Forms of Identification:
- One should be a valid, current, and unexpired government-issued ID with your signature and photograph. Examples include a passport or driver's license.
- The second form of ID must have your signature and legal name, such as a credit card or debit card.
- Only wallets, keys, and watches are allowed in the testing room, and you would get a soft locker to lock these in. All other items must be left outside.
- Test Format and Rules:
- The exam is taken on a computer.
- It is not an open-book test.
These steps and requirements ensure a smooth and successful experience on your exam day.
What is on the New Hampshire Real Estate Exam?
The New Hampshire real estate exam is divided into two main sections: the national portion and the state-specific portion. Here's a summary of what each section covers:
National Portion:
This part of the exam focuses on general real estate principles and practices applicable throughout the United States. Topics typically include:
- Property Ownership: 8% (salesperson), 10% (broker)
- Land Use Controls & Regulation: 5% (salesperson & broker)
- Valuation & Market Analysis: 7% (salesperson & broker)
- Financing: 10% (salesperson), 8% (broker)
- General Principles Of Agency: 13% (salesperson), 11% (broker)
- Property Disclosures: 6% (salesperson), 7% (broker)
- Contracts: 17% (salesperson), 18% (broker)
- Leasing & Property Management: 3% (salesperson), 5% (broker)
- Transfer Of Title: 8% (salesperson), 7% (broker)
- Practice Of Real Estate: 13% (salesperson), 14% (broker)
- Real Estate calculations: 10% (salesperson), 8% (broker)
State-Specific Portion:
This section covers laws, regulations, and practices unique to New Hampshire. Topics generally include.
- Real Estate Commission: 3 questions
- Licensure: 5 questions
- Regulation of Licensee Conduct: 11 questions
- Regulation of Agency Conduct: 11 questions
- New Hampshire Principles and Practice: 10 questions
Per the information on the New Hampshire Real Estate Commission website, candidates are required to score a minimum of 56 points out of 80 on the national section of the exam. In the state-specific section, a minimum score of 28 out of 40 points is necessary.
Is the New Hampshire Real Estate Exam Hard?
The difficulty of the New Hampshire real estate exam can vary for each individual, but it is generally considered challenging. This is due to the comprehensive coverage of both national and state-specific real estate principles and practices.
The exam demands a deep understanding of various real estate concepts, which can be daunting for those who are new to the field or lack thorough preparation.
How Many Questions Are on the New Hampshire Real Estate Exam?
The New Hampshire Real Estate Exam consists of 120 questions, and you will have 240 minutes (4 hours) to complete the entire exam. A passing score for the New Hampshire Real Estate Salesperson Exam is 84 out of 120.
How Many Times Can You Take the Real Estate Exam?
In New Hampshire, you are allowed to retake the real estate licensing exam up to 8 times within a 6-month window. Otherwise, you will need to re-enroll into an accredited pre-license education course before retaking the exam.
Each time you retake the exam, you must submit the original score report to the New Hampshire Real Estate Commission, along with the required exam fee of $155. After completing these steps, you'll receive an email from PSI, which will allow you to go online or call to set up your next exam appointment.
How to Pass the New Hampshire Real Estate Exam
Achieving success in the New Hampshire real estate exam is largely influenced by the quality of your education and preparation. To enhance your chances of passing, particularly on the first attempt, a structured approach to studying is essential. Here are extended tips and ideas to help you make the most of studying:
Establish a Regular Study Routine:
Plan a schedule that balances study with daily life and incorporate frequent breaks to maintain focus. You would learn faster when you align study times with peak productivity periods.
Additionally, setting specific goals for each study session can help in covering all necessary topics systematically. Consistency is key; even short, daily study periods can be more effective than sporadic, lengthy sessions. This disciplined approach ensures a comprehensive coverage of the exam material, ultimately leading to a better performance on the exam day.
Implement Memory Aids:
Utilize acronyms and mnemonic devices as effective tools for memorizing and recalling key real estate concepts. These aids transform complex information into more digestible and retrievable formats, simplifying the learning process.
A good example of a real estate acronym is CCIM, which stands for ‘Certified Commercial Investment Member.’ A suitable mnemonic device detailing a property's four essential characteristics to have value would be “Don’t Utter Silly Things.”
- Don’t for Demand
- Utter for Utility
- Silly for Scarcity
- Things for Transferability
Engage in Study Groups:
Actively participate in study groups to collaborate with peers, and create a dynamic learning environment. These groups offer a platform for sharing diverse perspectives, insights, and problem-solving techniques, greatly enriching the learning experience.
Such collaboration not only reinforces individual understanding but also fosters a comprehensive grasp of complex real estate concepts through collective discussion and exchange of ideas. This approach is instrumental in enhancing your knowledge base and preparing more effectively for the exam.
Seek Expert Guidance:
Having to compile course notes, create flashcards by hand, and search for various videos to explain the several concepts in real estate can be a lot of hassle and would take away quality time that should be spent studying. This is why we built an online program that consolidates everything that you need to study and prepare for the real estate exam. Our exam prep package comes with:
- 1,500 Practice Questions: Tackle a wide array of questions similar to those on the actual exam.
- Customizable State Exams: Adapt practice exams to focus on areas where you need the most practice.
- Vocabulary Flashcards: Master key terms and concepts crucial for the exam.
- Video Explanations: Visual learning aids to understand complex topics more easily.
- E-Book Study Guide: A comprehensive guide covering all essential exam topics.
This combination of disciplined study habits, memory techniques, collaborative learning, and professional guidance is designed to maximize your chances of passing the New Hampshire real estate exam.
You can add real estate crash course videos. It's 8+ hours of video content that teaches you the concepts, vocabulary, historical events, and more. Led by our head instructor, Robert Rico, our crash course videos teaches you everything you need to know to pass on your first try.
Final Thoughts on the New Hampshire Real Estate Exam
Success in this exam is highly dependent on thorough preparation and a deep understanding of real estate principles. By committing to diligent study and fully grasping the various aspects of real estate, candidates significantly increase their likelihood of passing.
Enrolling in our exam prep package provides support and resources, including expert guidance, practice questions, and comprehensive study materials. This combination of self-discipline, strategic study approaches, and professional support is key to passing the New Hampshire real estate exam.
TL;DR: The New Hampshire real estate exam comprises both a national with 80 questions and a state-specific portion with 40 questions Candidates must complete 40 hours of pre-license coursework before attempting the exam, which costs $155 per try. The exam's structure is designed to be challenging yet achievable, with a 70% pass rate for first-time test-takers. The retakes of the exam also incur the same fee.