How to Pass Oklahoma Real Estate Exam the First Time in 2024?

Your journey to becoming a licensed real estate agent in Oklahoma begins with taking the real estate exam and making sure that you ace it. Passing the real estate exam means studying hard and coming in prepared.

From what you learn in the pre-licensing course to what you read on your own, knowing what’s on the exam only improves your odds of passing.

To get the best real estate exam results in Oklahoma, we’ve gathered all the relevant information you’ll need in one place. Read on to learn everything there is to know.

How to Study for the Oklahoma Real Estate Exam

To get the right foundation in what you need to know to study for the Oklahoma real estate exam, start with the required pre-licensing coursework.

For those getting a provisional sales associate or sales associate license that means completing the required 90 hours of real estate classes in Oklahoma.

Typically offered as a single course, the state presents a list of approved providers for all their real estate coursework.

This list also includes information on whether or not the course is offered in person, online, or in both formats.

Picking which option to take your coursework in is completely up to personal preference. Both carry their own set of benefits and drawbacks.

It’s important that you carefully compare online vs in-person real estate classes to know which one is best for you.

If your schedule only allows for you to add in activities in a regular and consistent pattern, in-person classes might be best.

This format puts the class on your calendar at the same time every week, giving you consistency that’s easy to work around.

You also get face-to-face time with your peers and the instructor, which could come in handy as you begin networking.

Even to form a study group, it’s often easier to make plans when you can speak to people in person.

On the other hand, if your schedule has plenty of room for flexibility, taking your class online might be a better option.

Often, online classes let you work at your own pace, on your own time, for the majority of the class.

You’re able to get the work done when it’s best for you, which may be at different times each day. This can also enable you to complete the required hours faster.

What to Study for the Oklahoma Real Estate Exam

When it comes to the ideal topics to study for your Oklahoma real estate exam, what you cover in your pre-licensing class is a great place to start.

From there, where to get an idea what is on the real estate exam is from the test itself.

The topics covered on the test are shared out in study materials from the state and in resources from PSI, who administers the test. For the national portion, they include:

• Property ownership
• Land use controls and regulations
• Valuation and market analysis
• Financing
• General principles of agency
• Property disclosures
• Contracts
• Leasing and Property Management
• Transfer of title
• Practice of real estate
• Real estate calculations

For the Oklahoma portion, topics include:

• Laws and Rules
• Broker relationships
• Property management
• Disclosure and hazards
• Trust accounts and trust funds (broker only)
• Broker management (broker only)

Additional resources include the Oklahoma Code and Rules Book as well as a variety of real estate textbooks to review on the side. You’ll find a list of these in the PSI Bulletin, on page eight.

6 Tips for Passing the Oklahoma Real Estate Exam

Once you have all your study materials, the next step requires you to really work hard to pass the Oklahoma real estate exam.

The right preparation only gets you so far. A good study plan will make it easier and more efficient to really learn what you need to know.

A few tips for productive studying include:

1. Memorizing

While some things you’ll learn are open to interpretation, most of what you need to know to pass the real estate exam is fact-based. You’ll need to memorize dates, regulations, and more.

If you take strong notes on the important facts during your pre-licensing course, you’ll have the right information to transform into flashcards to start the memorization process.

2. Paying Attention the First Time

There’s so much information shared in your pre-licensing course. Listening well the first time around means you’ll have less to figure out on your own when it comes time to study.

You’ll have already heard what you need to know at least once, and that helps narrow down what you look at as you prepare for the exam.

3. Outlining

A great way to hold on to the information you glean from your coursework is to create outlines of the material while it’s still fresh in your brain.

Go home after class, or pause from an online session, and organize what you just learned. You’ll then have concise study guides to make it easier to review the information later on.

4. Studying with Peers

Even as you’re developing these great study tools to use on your own, it doesn’t hurt to schedule a few group study sessions.

They can help you stay motivated to go through the massive amount of information you’ll need to cover to prepare for the real estate exam.

You’ll also always have someone close at hand to quiz you on your flashcards.

5. Taking Care of Yourself

It’s not the same as studying, but if your body isn’t ready to take the exam, all the information you’ve been reviewing becomes harder to recall.

Make sure you’re eating and sleeping enough leading up to the exam, but especially the night before you take the test. Try to get eight hours of sleep and eat full meals.

The day of the test, don’t skip out on breakfast, and bring an extra snack to eat on the way.

6. Working Through the Test Effectively

There’s nothing like the stress of a timed test to mess with your head, so you should be as prepared to take the test itself as you are to answer the questions correctly.

Keep calm and test on with these useful tips to overcome the real estate exam difficulty with flying colors:

• Locate and answer the easiest questions first.
• Only select answers that feel familiar, even if you’re guessing.
• Complete any questions that totally stump you last.
• Pick your final answer only after reading through all the choices.
• Use a process of elimination when you can’t narrow down an answer by removing obviously wrong choices first.

For additional tips, read our article on how to study for the real estate exam to up your chances of passing the test on your first attempt.

The cost of taking the Oklahoma real estate exam varies based on what type of test you’re taking. For those getting a sales associate license, the cost is $60. For those going for their broker license, the fee is $75.

To register for the exam, regardless of which type you’re taking, you’ll need to go through PSI.

You’ll also need your Candidate ID, which comes to you only after your final application is reviewed and approved. PSI won’t let you register for the exam without this information.

Once you have your Candidate ID, you can schedule your test online at www.psiexams.com, by calling 855-746-8169, or emailing [email protected].

Refer to our article discussing real estate license in Oklahoma costs for all the license-related fees you need to know.

What Is the Pass Rate for the Oklahoma Real Estate Exam?

The real estate salesperson exam in Oklahoma is reputed to be one of the hardest to pass in the country.

However, taking an extra preparatory course, or getting some outside help, greatly improves how many people pass the real estate exam on the first try and become professional real estate agents in Oklahoma.

Some of these businesses even offer guaranteed pass rates of about 95%.

How Many Questions Are on the Oklahoma Real Estate Exam?

Taking the real estate exam is an involved process, no matter if you’re going for your sales associate license or broker license.

The sales associate exam has a total of 130 questions, and you have three hours to complete the entire test. The broker exam only has five questions more, but you’re given an extra hour to finish every question.

How Many Math Questions Are on the Oklahoma Real Estate Exam?

The real estate calculations section on the Oklahoma real estate exam makes up 10 percent of the sales associate exam. That comes out to 13 questions.

You are allowed to bring your own calculator to the test as long as it’s not a programmable version.

The broker test is only eight percent math, which comes out to about 11 questions.

What Score Do You Need to Pass the Real Estate Exam in Oklahoma?

The minimum passing score for the Oklahoma real estate exam also varies by exam type. You’ll need a 70 percent or above to pass the sales associate exam, and a 75 percent or above to get your broker license.

How Many Times Can You Fail and Retake the Oklahoma Real Estate Exam?

There’s no limit to the number of attempts you can have to retake the exam, but your application is only valid for one year.

If a year goes by without receiving a passing score in both sections, you must submit a new application and undergo a new background check to regain eligibility to take the exam.

This means paying all the applicable fees over again as well.

How Long Do You Have to Wait to Retake the Oklahoma Real Estate Exam?

If you fail one or both sections of the Oklahoma real estate exam, you’re able to retake the test as soon as possible. You can schedule a retake as soon as the next day if there are any openings available.

This lets you get back into the test before you have a chance to forget what you’ve learned.

For the time commitment involved in completing all the steps in the licensing process, read our article on how long to get an Oklahoma real estate license.

Do You Have to Pay to Retake the Oklahoma Real Estate Exam?

Each time you need to retake the Oklahoma real estate exam, whether it’s both sections or just one, you’ll have to pay the exam fee. This means $60 for the sales associate exam and $75 for the broker exam.

You’ll also need to go through PSI each time you schedule another retake.

Taking the exam is just one of the requirements to obtaining a license in Oklahoma. For a complete list of the prerequisites, read our article on how to get a real estate license in Oklahoma.

Once you pass the exam, you will have to obtain sponsorship from a real estate broker to approve your license issuance.

As a new agent, choosing the right broker to sponsor you sets the pace for how you want to build your real estate practice in the state.

Take your pick from the best real estate brokerages in Oklahoma and you’re on your way to kickstarting your real estate career.

Should you have a past violation on your record, know what to do to obtain a license by reading our guide on Oklahoma real estate license background check.

As a new agent, you must determine the next steps to take after passing the real estate exam and getting your license.

This allows you to determine the type of agent you want to be and how you can strategize effectively to ensure a solid career in real estate.

Part of the decisions you need to make is whether or not and how to join a real estate team, which can help immensely when starting out in the industry.

Balancing the good with the bad when working as a realtor is by no means easy. Read how industry experts deal with the challenges by reading our article discussing the pros and cons of being a real estate agent.

It also helps that you learn the methods for marketing your real estate business. To help you build and grow your real estate career quickly, we at Real Estate Bees created a directory for real estate professionals.

It’s designed to help you get more exposure for your business, including receiving leads. Create a free profile by signing up here.

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About the Author

Kristina Morales is a REALTOR® with over 20 years of professional experience. She actively practices real estate in Ohio but also has practiced real estate in California and Texas. Conducting her real estate business in three states has allowed her to gain unique experiences that make her a well-rounded realtor. She obtained her Bachelor of Arts in Business Management and her MBA with a concentration in Banking and Finance. Prior to real estate, Kristina had an extensive corporate career in banking and treasury. She ended her finance career as an Assistant Treasurer at a publicly traded oil & gas company in Houston, TX.