Last Updated: Sep 10, 2026
No. of Questions: 125 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Virginia State Portion (30 questions) | 20% | - Virginia-Specific Statutes
|
| National Portion (120 questions) | 80% | - Property Disclosures and Valuations
|
Which of these is a person who is licensed to represent one of the parties in a real estate transaction in exchange for a commission or other valuable consideration?
Correct Answer: A 🗳️
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You're doing a CMA, and your three adjusted comps come in at $345,600, $352,800, and $359,900. What is a reasonable range to suggest for a listing price?
Correct Answer: D 🗳️
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The creation of express agency is best handled via a(n):
Correct Answer: B 🗳️
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Disclosure is an important part of a brokerage's duties and responsibilities. Which of the following is NOT an important disclosure all brokerages should make?
Correct Answer: D 🗳️
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Arnav is interested in a residential property because he loves the antique light fixtures installed in every room. Corey is the license holder helping Arnav find a property. Which of the following is MOST TRUE about Corey's situation?
Correct Answer: B 🗳️
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