Career upgrade: Learn practical AI skills for better jobs and higher pay.
Level up
All Practice Exams

100+ Free VA RE Broker Practice Questions

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

✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately
~50% Pass Rate
100+ Questions
100% Free
1 / 100
Question 1
Score: 0/0

Virginia's Consumer Real Estate Settlement Protection Act (CRESPA) requires:

A
B
C
D
to track
2026 Statistics

Key Facts: VA RE Broker Exam

~50%

First-Time Pass Rate

PSI

120

Exam Questions

80 national + 40 state

70%

Passing Score

84/120 correct

180 hrs

Pre-License Education

DPOR requirement

3 yrs

Salesperson Experience

DPOR

$170

Total Cost

Exam + license + background

Virginia's broker exam requires 180 hours of pre-license education and 36 months of active salesperson experience. The 120-question exam (80 national + 40 state) administered by PSI has a 70% passing score. The state portion heavily tests broker-specific duties: escrow and trust account management, DPOR regulatory requirements, Virginia Real Estate License Law, broker supervision responsibilities, mandatory brokerage agreements, and Virginia-specific disclosure requirements including the Residential Property Disclosure Act.

Sample VA RE Broker Practice Questions

Try these sample questions to test your VA RE Broker exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Which Virginia state agency has primary regulatory authority over real estate brokers?
A.Department of Professional and Occupational Regulation (DPOR)
B.Virginia Real Estate Commission
C.Virginia Department of Commerce
D.Virginia Attorney General's Office
Explanation: The Virginia Department of Professional and Occupational Regulation (DPOR) is the state agency that regulates real estate brokers. Within DPOR, the Virginia Real Estate Board administers the broker licensing program, sets education requirements, and enforces the Virginia Real Estate License Law.
2How many hours of pre-license education does Virginia require for a broker license?
A.180 hours
B.120 hours
C.60 hours
D.240 hours
Explanation: Virginia requires 180 hours of pre-license education for a broker license. This includes broker-specific courses covering brokerage management, trust fund handling, Virginia real estate law, and other advanced topics beyond the 60 hours required for a salesperson license.
3A Virginia broker must deposit earnest money into the trust account by the end of which business day following contract ratification?
A.Fifth business day
B.Third business day
C.Next business day
D.Seventh business day
Explanation: Virginia law requires brokers to deposit earnest money into the trust account by the end of the fifth business day following ratification of the contract. Failure to comply is a violation of Virginia Real Estate License Law and can result in disciplinary action by DPOR.
4What is the minimum number of years of active salesperson experience required for a Virginia broker license?
A.3 years
B.2 years
C.5 years
D.1 year
Explanation: Virginia requires a minimum of 36 months (3 years) of active salesperson experience under a licensed Virginia broker before an applicant can sit for the broker exam. The applicant must have been actively engaged in real estate transactions during this period.
5A Virginia broker discovers that a trust account is short $500 due to a bank error. What must the broker do?
A.Immediately deposit personal funds to cover the shortage and notify DPOR
B.Wait for the bank to correct the error before taking action
C.Close the trust account and open a new one
D.Deduct the shortage from the next deposit received
Explanation: Virginia brokers are personally liable for trust fund shortages regardless of the cause. The broker must immediately deposit personal funds to cover any shortage and report the discrepancy to DPOR. Waiting for a bank correction or failing to maintain the proper balance is a violation of trust account regulations.
6Under Virginia law, which type of agency relationship is the default when no written agreement specifies otherwise?
A.Standard agent
B.Limited service agent
C.Dual agent
D.Transaction broker
Explanation: In Virginia, the default agency relationship is 'standard agent' when no written agreement specifies a different relationship. A standard agent owes the client the full range of fiduciary duties including loyalty, obedience, confidentiality, reasonable care, diligence, and accounting. This differs from many other states that use transaction broker as the default.
7A Virginia broker operating a branch office must ensure which of the following?
A.A supervising broker is assigned to oversee the branch office operations
B.The branch office operates independently with no main office oversight
C.Only the principal broker may manage the branch directly
D.Branch offices are exempt from DPOR trust account audits
Explanation: Virginia requires that each branch office have a supervising broker assigned to oversee daily operations. The supervising broker is responsible for ensuring compliance with Virginia Real Estate License Law, proper handling of trust funds, supervision of associates, and advertising compliance at the branch location.
8Virginia's Residential Property Disclosure Act requires the seller to provide a disclosure form. Which properties are EXEMPT from this requirement?
A.Properties transferred by court order, foreclosure, or estate settlement
B.Properties built before 1978
C.Properties with more than 2 bedrooms
D.Properties sold through a real estate broker
Explanation: Virginia's Residential Property Disclosure Act provides exemptions for properties transferred by court order, foreclosure proceedings, estate settlements, and certain government transfers. Brokers must know these exemptions to properly advise sellers on disclosure obligations. Most standard residential sales require the disclosure form.
9How often must a Virginia broker reconcile trust account records?
A.Monthly
B.Weekly
C.Quarterly
D.Annually
Explanation: Virginia brokers must perform monthly reconciliations of trust account records. The reconciliation must compare the broker's records with the bank statement and identify any discrepancies. DPOR can audit trust accounts at any time without notice, so maintaining current reconciliations is essential for compliance.
10What is the passing score required on the Virginia real estate broker exam?
A.70%
B.75%
C.80%
D.65%
Explanation: The Virginia real estate broker exam requires a 70% passing score on both the national and state portions. The exam consists of 120 questions (80 national + 40 state), administered by PSI. Candidates must pass both portions to receive a broker license.

About the VA RE Broker Exam

The Virginia real estate broker exam is a 120-question exam (80 national + 40 state) administered by PSI. It covers brokerage management, trust account handling, Virginia Real Estate License Law under Title 54.1 Chapter 21, supervisory responsibilities, agency relationships, and DPOR/Real Estate Board regulations at the broker level.

Questions

120 scored questions

Time Limit

4 hours

Passing Score

70%

Exam Fee

$170 ($60 exam + $60 license + $50 background) (Virginia DPOR / Real Estate Board / PSI)

VA RE Broker Exam Content Outline

20%

Brokerage Management & Operations

Broker supervision duties, branch office management, advertising compliance, independent contractor agreements, associate oversight, DPOR office requirements

20%

Trust Accounts & Escrow

Trust account handling, deposit timelines, reconciliation, commingling vs conversion, DPOR trust account regulations, broker liability for trust funds

20%

VA Real Estate Law

Title 54.1 Chapter 21, Virginia Real Estate Board powers, license law violations, disciplinary actions, penalties, license renewal and continuing education

15%

Contracts & Transactions

Purchase agreements, listing contracts, Virginia Residential Property Disclosure Act, material adverse facts, closing procedures, deed types

15%

Finance & Property Valuation

Mortgage instruments, appraisal methods, VHDA programs, property tax assessment, settlement procedures, lender requirements

10%

Agency, Ethics & Fair Housing

Agency relationships, standard agent, dual agency disclosure, Virginia Fair Housing Law, fiduciary duties, mandatory brokerage agreements

How to Pass the VA RE Broker Exam

What You Need to Know

  • Passing score: 70%
  • Exam length: 120 questions
  • Time limit: 4 hours
  • Exam fee: $170 ($60 exam + $60 license + $50 background)

Keys to Passing

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

VA RE Broker Study Tips from Top Performers

1Master Virginia trust account rules: deposit by 5th business day, monthly reconciliation, DPOR audit procedures, and broker personal liability for shortages
2Know DPOR and Virginia Real Estate Board powers: investigation authority, disciplinary actions, license suspension vs revocation, and fine schedules
3Study broker supervision duties: review of contracts, advertising approval, associate training requirements, and branch office oversight
4Understand the Virginia Residential Property Disclosure Act: when required, exemptions, and broker's duty regarding material adverse facts
5Learn Virginia-specific agency relationships: standard agent as default, limited service agent, dual agency disclosure requirements, and mandatory brokerage agreements

Frequently Asked Questions

How hard is the Virginia real estate broker exam?

The VA broker exam has a ~50% first-time pass rate. It has 120 questions (80 national + 40 state) with a 70% passing score. The exam tests broker-level responsibilities including trust account management, supervisory duties, DPOR regulations, and Virginia Real Estate License Law — all topics that go well beyond salesperson-level knowledge.

What are the prerequisites for a VA broker license?

You need 180 hours of pre-license education including broker-specific courses in brokerage management and trust fund handling, plus 36 months (3 years) of active experience as a licensed salesperson. You must also pass a background check through the Virginia State Police and FBI.

What is unique about Virginia broker trust account requirements?

Virginia brokers must maintain trust accounts in a Virginia-based federally insured depository. Earnest money deposits must be deposited by the end of the fifth business day following ratification of the contract. Brokers are personally liable for trust fund shortages and must perform monthly reconciliations. DPOR can audit trust accounts at any time without notice.

What is the mandatory brokerage agreement requirement in Virginia?

Virginia requires a signed brokerage agreement before a licensee can provide real estate services. This includes buyer representation agreements that must be signed before showing property. The agreement must disclose the brokerage relationship type, compensation terms, and duration. This requirement applies at both the salesperson and broker level.