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100+ Free VA RE Broker Practice Questions

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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.

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.