100+ Free VA RE Broker Practice Questions
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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.
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
Brokerage Management & Operations
Broker supervision duties, branch office management, advertising compliance, independent contractor agreements, associate oversight, DPOR office requirements
Trust Accounts & Escrow
Trust account handling, deposit timelines, reconciliation, commingling vs conversion, DPOR trust account regulations, broker liability for trust funds
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
Contracts & Transactions
Purchase agreements, listing contracts, Virginia Residential Property Disclosure Act, material adverse facts, closing procedures, deed types
Finance & Property Valuation
Mortgage instruments, appraisal methods, VHDA programs, property tax assessment, settlement procedures, lender requirements
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
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.