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Iowa Real Estate Broker Exam: Study Guide & Practice

Course Summary

This comprehensive course will prep you for the Iowa Estate Broker exam. Our interactive tools give a deep dive into exam topics and allow you to work at your own pace. Plus, you can study the lessons and take practice quizzes as much as you need!

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A flexible course that fits any schedule

  • Short lessons and practice quizzes
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The video content was informational, interesting, and fun. Being able to go at my own pace made a huge difference in my ability to learn the material. Would recommend!

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About This Course

Becoming an Iowa Real Estate Broker is an exciting next step in your career, but it can be nerve-wracking too! Our test prep course provides video lessons and practice quizzes on both general real estate knowledge and knowledge specific to Iowa. You will have everything you need to be successful. Iowa requires any real estate professional who wishes to practice as a broker (and has met the necessary requirements) to pass this exam. The topics covered within this course include, but are not limited to, land use regulations, liens and encumbrances, property valuation and appraisals, agency relationships and agreements, and types of property ownership.

Check out our real estate test prep materials! We've got comprehensive real estate study guides to help you study, real estate practice tests to test your knowledge, and informational real estate resources to get you up to speed on testing logistics.

Syllabus and Course Information

This course is designed to prepare you for the Iowa Real Estate Broker exam, covering all of the topics outlined in the official test materials provided by the PSI Services LLC. Our professional instructors created this comprehensive course to help you master these objectives. Some of the topics covered in this course are listed below:

  • General real estate concepts, such as property characteristics and valuation techniques
  • Iowa real estate laws
  • Land use regulations and controls
  • Water, mineral, and air rights as related to real estate
  • Real estate financing concepts, including types of loans and the underwriting process
  • Agency relationships and agreements
  • Real estate transactions, sales contracts, and title transfers
  • Property management including leasing and disclosure procedures
  • Real estate practices including liens and encumbrances

Course Format

This course is made up of 17 chapters based on topics that will be covered on the exam, including both real general real estate topics and those specific to Iowa. We have included challenge exams, practice quizzes, and study guides for more comprehensive learning.

Iowa Real Estate Broker Exam Information

In order to pass this exam, you must obtain a score of at least 90% on general real estate concepts and state-specific laws.

  • Number of Questions: 115
  • Question Type: multiple-choice
  • Time Limit: 3 hours
  • Exam Cost: Exam Fee - $95; License fee - $125

Iowa Real Estate Broker Exam Breakdown

Iowa Real Estate Broker Exam Concept Percentage of Iowa Real Estate Broker Concepts Approximate Number of Questions
Property ownership 10% 8 questions
Land use controls and regulations 5% 4 questions
Valuation and market analysis 7% 5 questions
Financing 8% 6 questions
General principles of agency 11% 8 questions
Property disclosures 7% 5 questions
Contracts 18% 14 questions
Leasing and property management 5% 4 questions
Transfer of title 7% 5 questions
Practice of real estate 14% 11 questions
Real estate calculations 8% 6 questions

Preparing and Registering for the Iowa Real Estate Broker Exam

Before you can be eligible to take the Iowa Real Estate Broker Exam, you need to have worked as an active sales associate at least 2 years prior to taking the exam. In addition, applicants must have completed 72 hours of state-approved broker education courses in the 24 months leading up to applying to take the exam. Once you have met these requirements you can register for the Iowa Real Estate Broker exam at www.psiexams.com.

Prior to registering for the exam, we highly recommend you take our course in preparation. It covers all of the topics that you will be tested on, and the video lessons, corresponding transcripts, and practice assessments are designed to help you fully understand the content before taking the exam.

The Iowa Real Estate Broker exam is a registered trademark of PSI Services LLC, which is not affiliated with Study.com.

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  • Watch short, engaging video lessons
  • Test your knowledge with quizzes and practice tests so you are completely confident
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  • Free mobile app with video downloads so you can study anywhere and anytime
  • Get personalized guidance from a team of experts
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17 chapters in Iowa Real Estate Broker Exam: Study Guide & Practice

Lesson Quizzes (154)

Every lesson in Iowa Real Estate Broker Exam is accompanied by a short quiz to assess your mastery of the material. It can be taken any number of times for your own practice.

All quizzes on Study.com:

  • are multiple choice
  • are written by subject matter experts
  • offer explanations of missed questions to help you learn

Course and Chapter Practice Tests

Each of the 17 main chapters in Iowa Real Estate Broker Exam comes with an optional Practice Test, as well as an overall Practice Final. Once you take the test, you will receive a detailed report complete with your personal statistics and even specific lessons to focus on.

Your detailed exam report includes:

  • specific areas of strength and weakness
  • detailed explanations of every question
  • a personalized study guide of lessons to review

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