Iowa exam prep

Iowa Real Estate Exam Prep

Everything the Iowa exam actually tests: the national outline plus Iowa license law, with a dedicated state-law bank in the free Freehold app.

The Iowa exam at a glance

PSI-administered exam for the Iowa Real Estate Commission. Salesperson: 80 national (120 min, 56 of 80 points to pass) + 40 Iowa (60 min, 28 of 40), 180 minutes combined, 70% each. Broker: 75 national scored items graded on an 80-point scale (60 of 80 points to pass) + 40 Iowa (30 of 40), also 180 minutes combined, 75% each — broker national items are scenario-based and some are worth more than one point, which is why 75 questions carry 80 points.

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Iowa law topics Freehold drills

From the Iowa state-law question bank — every question cites its statute or regulation.

Sample Iowa law questions

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The Real Estate Commission may investigate a licensee's actions upon its own motion or upon:

  1. A verified written complaint from any person, if it presents a prima facie case
  2. An anonymous unsigned tip received by telephone or e-mail from any member of the public
  3. A request from a competing brokerage
  4. Media coverage of the alleged conduct
Show answer & explanation

A verified written complaint from any person, if it presents a prima facie case — Section 543B.34 authorizes investigation on the Commission's own motion or upon a verified written complaint that, with any supporting evidence, makes out a prima facie case.

Source: Iowa Legislature, Iowa Code Chapter 543B

An applicant for an initial Iowa real estate salesperson or broker license must undergo:

  1. A local police interview only
  2. No background check of any kind whatsoever, for either a criminal or credit history review
  3. A national criminal history check through the FBI
  4. A credit check but not a criminal background check
Show answer & explanation

A national criminal history check through the FBI — Iowa law subjects initial broker and salesperson license applicants to a national criminal history check conducted through the FBI.

Source: Iowa Legislature, Iowa Code section 543B.15

Iowa requires active real estate licensees, both salespersons and brokers, to maintain:

  1. A surety bond in lieu of any insurance
  2. Iowa is one of the few states with no insurance requirement at all
  3. Homeowners insurance on their personal residence
  4. Errors and Omissions (E&O) insurance
Show answer & explanation

Errors and Omissions (E&O) insurance — Iowa requires proof of Errors and Omissions insurance for all active real estate licensees as a condition of maintaining licensure.

Source: Iowa Department of Inspections, Appeals, and Licensing

Iowa exam FAQ

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

The Iowa salesperson exam has 120 questions with a time limit of 180 minutes. You need 70% to pass.

What score do you need to pass the Iowa broker exam?

The Iowa broker exam requires 75% to pass, across 115 questions in 180 minutes.

Who administers the Iowa real estate exam?

The exam is administered by PSI. PSI-administered exam for the Iowa Real Estate Commission. Salesperson: 80 national (120 min, 56 of 80 points to pass) + 40 Iowa (60 min, 28 of 40), 180 minutes combined, 70% each. Broker: 75 national scored items graded on an 80-point scale (60 of 80 points to pass) + 40 Iowa (30 of 40), also 180 minutes combined, 75% each — broker national items are scenario-based and some are worth more than one point, which is why 75 questions carry 80 points.

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