200+ Free NE Real Estate Practice Questions

Pass your Nebraska Real Estate Salesperson Exam exam on the first try — instant access, no signup required.

✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately

~55% Pass Rate

200+ Questions

100% Free

1 / 10

Question 1

Score: 0/0

Which Nebraska state agency is responsible for licensing and regulating real estate professionals?

Nebraska Real Estate Commission (NREC)

Nebraska Department of Commerce

Nebraska Secretary of State

Nebraska Department of Banking and Finance

to track

2026 Statistics

Key Facts: NE Real Estate Exam

130 Q

Exam Length

PSI NE candidate bulletin

80 + 50

National + State Split

PSI NE candidate bulletin

70%

Passing Score (Each Section)

NREC

96 hrs

Pre-License Education

NREC (effective Jan 1, 2026)

Age 19+

Minimum Age Requirement

Nebraska license law

18 hrs/2yr

CE Renewal Requirement

NREC (expires Nov 30)

Nebraska requires 96 hours of pre-license education (as of Jan 1, 2026, increased from 66 hours) and passage of the PSI exam (80 national + 50 state questions = 130 scored total). Both sections require 70% to pass. Minimum age is 19. Key Nebraska rules: (1) 72-hour rule — licensees must deposit trust account funds within 72 hours; (2) 12-hour post-license course within 180 days of activation; (3) License renewal due November 30 every 2 years, requiring 18 hours CE (6 must be NREC-designated 'R' courses); (4) E&O insurance required; (5) Marital status is an additional protected class under Nebraska Fair Housing; (6) Documentary stamp tax of $2.25 per $1,000. NREC is a 7-member board (6 licensed brokers + 1 public member).

Sample NE Real Estate Practice Questions

Try these sample questions to test your NE Real Estate exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 200+ question experience with AI tutoring.

1Which Nebraska state agency is responsible for licensing and regulating real estate professionals?

A.Nebraska Real Estate Commission (NREC)

B.Nebraska Department of Commerce

C.Nebraska Secretary of State

D.Nebraska Department of Banking and Finance

Explanation: The Nebraska Real Estate Commission (NREC) is the regulatory body that oversees licensing, education, and discipline of real estate licensees under the Nebraska Real Estate License Act.

2How many members sit on the Nebraska Real Estate Commission?

A.7 members

B.5 members

C.9 members

D.3 members

Explanation: The Nebraska Real Estate Commission consists of 7 members appointed by the Governor. Six members must be licensed real estate brokers, and one member must be a non-licensee representing the public.

3Which of the following actions falls within the Nebraska Real Estate Commission's authority?

A.Suspending or revoking real estate licenses for violations

B.Setting maximum commission rates for all Nebraska transactions

C.Approving all real estate purchase contracts

D.Licensing home inspectors and appraisers

Explanation: The NREC has authority to investigate complaints, hold hearings, and impose disciplinary sanctions including license suspension or revocation. It does NOT set commission rates (those are negotiable) or license appraisers (a separate board oversees that).

4What is the primary purpose of the Nebraska Real Estate License Act?

A.To protect the public in real estate transactions

B.To ensure licensees earn maximum commissions

C.To regulate the price of real estate in Nebraska

D.To promote the Nebraska real estate industry

Explanation: The Nebraska Real Estate License Act exists to protect the public by ensuring that persons engaging in real estate transactions for compensation are qualified, competent, and subject to regulatory oversight.

5The Nebraska Real Estate Commission may investigate a licensee's conduct when:

A.A written complaint is received from any person

B.A complaint is received only from the transaction parties

C.The Commission initiates its own investigation exclusively

D.Only if the licensee faces a criminal conviction

Explanation: The NREC can investigate a licensee's conduct based on a written complaint from any person, not just transaction parties. The Commission may also initiate its own investigation based on its own knowledge or observation.

6Which penalty can the Nebraska Real Estate Commission impose on a licensee found guilty of a violation?

A.All of these

B.License suspension

C.License revocation

D.Reprimand

Explanation: The NREC has a range of disciplinary tools: reprimand (formal warning), license suspension (temporary removal of license), and license revocation (permanent loss of license). The severity depends on the nature and seriousness of the violation.

7Under Nebraska law, who must report a material change in their address to the Nebraska Real Estate Commission?

A.All licensees must report address changes promptly

B.Only designated brokers must report address changes

C.Address changes are self-reported at license renewal only

D.Only salespersons who are actively working on transactions

Explanation: All Nebraska real estate licensees are required to keep the NREC informed of their current address. Failure to update address information can result in missed renewal notices and potential disciplinary action.

8A Nebraska real estate licensee who is convicted of a felony or crime involving moral turpitude faces:

A.Possible license suspension or revocation by the NREC

B.No action, unless the crime involved a real estate transaction

C.Automatic lifetime ban from real estate practice

D.Only a fine imposed by the Commission

Explanation: Under the Nebraska Real Estate License Act, a criminal conviction (especially felonies or crimes involving moral turpitude) is grounds for the NREC to suspend or revoke a license. The Commission evaluates the circumstances and may impose appropriate sanctions.

9What is the minimum age requirement to obtain a Nebraska real estate salesperson license?

A.19 years old

B.18 years old

C.21 years old

D.20 years old

Explanation: Nebraska requires real estate salesperson applicants to be at least 19 years of age, which is one year older than many other states. Applicants must also have a high school diploma or GED.

10As of January 1, 2026, how many hours of pre-license education are required for a Nebraska real estate salesperson license?

A.96 hours

B.66 hours

C.120 hours

D.60 hours

Explanation: Effective January 1, 2026, Nebraska requires 96 hours of pre-license education: three 30-hour NREC-approved courses (Real Estate Principles and Practices, Nebraska Real Estate License Law, and an elective) plus a 6-hour Professional Practice and Standards course (Course 0003).

About the NE Real Estate Exam

The Nebraska real estate salesperson exam covers national real estate fundamentals plus Nebraska-specific topics including NREC licensing requirements, agency disclosures, the 72-hour trust account deposit rule, Nebraska's pre-license education (96 hours as of Jan 1, 2026), post-license requirements (12 hours within 180 days), biennial license renewal (November 30), E&O insurance, Nebraska fair housing (adds marital status), documentary stamp tax ($2.25/$1,000), and NREC disciplinary authority.

Questions

130 scored questions

Time Limit

4 hours total (2.5 hrs national + 1.5 hrs state)

Passing Score

70% on each section

Exam Fee

~$150 (Nebraska Real Estate Commission (NREC) / PSI)

NE Real Estate Exam Content Outline

38%

Nebraska License Law & NREC

NREC structure (7 members: 6 brokers + 1 public), powers and disciplinary authority, 96-hr pre-license education (effective Jan 1, 2026), age 19 minimum, broker vs salesperson requirements, license categories (active/inactive/suspended), biennial renewal (November 30), 18-hr CE with 6 'R' courses, E&O insurance requirement, post-license (12 hours within 180 days), advertising rules (no blind ads), broker supervision duties

30%

Agency, Disclosures & Trust Accounts

Nebraska agency relationship types, written agency agreement requirements, equitable interest disclosure (before accepting earnest money when buyer's offer not yet accepted), cooperative transaction trust account handling, 72-hour trust account deposit rule, no commingling, trust account record retention (5 years), broker responsible for trust accounts, prohibited kickbacks/gifts directly to principals

18%

Nebraska Property Law & Fair Housing

Nebraska Fair Housing Act (adds marital status to federal protected classes), documentary stamp tax ($2.25 per $1,000), Nebraska primarily judicial foreclosure state, subdivided land registration and disclosures, equitable interest rules, landlord-tenant practices, property taxation

14%

Contracts, Closings & National Practice

Purchase agreements, listing agreements, offer and acceptance, closing procedures, title insurance, deed requirements, financing (mortgages, deeds of trust), RESPA/TRID requirements, environmental disclosures, anti-discrimination compliance, national real estate math

How to Pass the NE Real Estate Exam

What You Need to Know

Passing score: 70% on each section
Exam length: 130 questions
Time limit: 4 hours total (2.5 hrs national + 1.5 hrs state)
Exam fee: ~$150

Keys to Passing

Complete 500+ practice questions
Score 80%+ consistently before scheduling
Focus on highest-weighted sections
Use our AI tutor for tough concepts

NE Real Estate Study Tips from Top Performers

1Know the 72-hour trust account rule — Nebraska requires funds deposited within 72 hours, stricter than most states' 'reasonable time' standard

2Remember the new 96-hour pre-license requirement (effective Jan 1, 2026) — up from 66 hours

3Study NREC's structure: 7 members (6 licensed brokers + 1 public member appointed by governor)

4Master Nebraska Fair Housing: adds 'marital status' as a protected class beyond the 7 federal categories

5Know the documentary stamp tax: $2.25 per $1,000 of sale price (e.g., $300,000 sale = $675 in transfer tax)

6Understand the equitable interest rule: licensees must disclose in writing when accepting earnest money on a property the buyer does not yet have a signed contract for

7Remember CE requirements: 18 hours per 2-year renewal period, with at least 6 hours being NREC-designated 'R' courses

8Practice the exam structure: 80 national (150 min) + 50 state (90 min) = 130 total, both require 70% passing score

Frequently Asked Questions

How many questions are on the Nebraska real estate salesperson exam?

The Nebraska salesperson exam has 130 scored questions: 80 on the national portion (150 minutes) and 50 on the Nebraska state-specific portion (90 minutes), for a total of 4 hours. You must pass each section with a score of 70%. PSI administers the exam. There may also be a small number of unscored experimental questions embedded in the exam that are not identified.

What are Nebraska's pre-license education requirements?

As of January 1, 2026, Nebraska requires 96 hours of NREC-approved pre-license education (increased from the previous 66-hour requirement). After passing the PSI exam, you must also complete a 12-hour post-license course within 180 days of license activation. The minimum age requirement is 19 years old — one year older than most states.

What is Nebraska's 72-hour trust account rule?

Nebraska's 72-hour rule requires that all trust account funds (earnest money, deposits, etc.) must be deposited into a trust account within 72 hours of receipt. This is a Nebraska-specific rule and is more specific than the 'reasonable time' standard used in many other states. In cooperative transactions, the listing broker is responsible for placing earnest money into their trust account within 72 hours after all parties have executed the purchase agreement.

When must Nebraska real estate licenses be renewed?

Nebraska real estate licenses expire on November 30 every two years. To renew, salesperson licensees must complete 18 hours of NREC-approved continuing education, of which at least 6 hours must be NREC-designated 'R' courses (courses covering specific Nebraska-mandated topics). All licensees must also maintain Errors & Omissions (E&O) insurance as a condition of license renewal.