Idaho Salesperson Exam Prep Edge Free Assessment for ID Real Estate Exam Prep

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In order to become an Idaho real estate agent, you'll need to pass the real estate exam! Below are eight free Idaho real estate practice exam questions that will closely resemble your licensing exam. Review these questions and see what you know! The answers are provided beneath the question set.

1. Jared wants to purchase property. One of the properties his agent shows him was formerly zoned for commercial use. It has a steep drop off at the back of the property, as well as some soft spots and mounds. Should Jared's agent recommend that he have a home inspector investigate it?

  1. "No, Jared can address the cliff by bringing in additional soil.
  2. No, Jared is going to bulldoze the entire property to flatten it out anyway.
  3. Yes, these are clues that the property may have been used as a waste disposal site.
  4. Yes, these are indications of an underground storage tank.

2. Which type of listing can help a real estate professional determine how quickly a home in a given price range received an accepted offer?

  1. Expired
  2. Foreclosed
  3. Pending
  4. Withdrawn

3. Gail was supposed to close on her new home by the end of May, but she kept asking the sellers if they could push the closing date back. Soon the summer was over and she still hadn’t closed. Gail was guilty of not adhering to which aspect of the contract?

  1. Assignment
  2. Novation
  3. Reasonable time
  4. Time is of the essence

4. What can brokerages do to ensure licensees use technology properly?

  1. "Forbid new technology from being used for marketing and communication.
  2. Have a solid policies and procedures manual in place.
  3. Review all communications sent between licensees and consumers.
  4. Track internet and phone usage.

5. Drew and Hank were camping at Hank’s riverfront cabin. Hank told Drew that he rarely used the cabin and was thinking of selling it. Drew said that he’d buy it from Hank for $80,000, which Hank agreed was a fair price. It’s two months later, and Hank is upset that Drew now says he won’t buy it. Why isn’t this contract enforceable?

  1. Drew didn’t have the financial resources to make the offer.
  2. Real estate contracts must be in writing.
  3. There was no offer and acceptance.
  4. This wasn’t a legal purpose.

6. Fewer buyers in a higher price range would create what kind of pressure on housing prices?

  1. Downward
  2. Steady
  3. Strong
  4. Upward

7. Lenore makes a 95% offer on a townhouse that’s listed at $285,000 and includes an earnest money deposit for 10% of her offer, which the seller accepts. She brings to closing a cashier’s check for $35,025 comprising the balance of her 20% down payment and closing costs. What’s the amount of her total down payment?

  1. "$35,025
  2. $54,150
  3. $57,000
  4. $62,100

8. Desmond has a signed listing agreement with his clients, the Harpers. In exchange for helping the Harpers list, market, and sell their home, the Harpers have agreed to pay Desmond a commission. What type of agreement do Desmond and the Harpers have?

  1. Bilateral
  2. Executed
  3. Mutual
  4. Unilateral
Answers: 1. C, 2. C, 3. D, 4. B, 5. B, 6. A, 7. B, 8. A

 

For a more comprehensive view into the types of questions you can expect on the exam, sign up for our free assessment. You’ll have the chance to review a 99-question real estate practice exam at no cost to you. Note that answers are only provided upon purchasing Exam Prep.

If you’re ready to feel confident about your upcoming licensing exam, you can purchase our Idaho real estate Exam Prep package. By purchasing one of our packages, you not only get to see the results from your free assessment, but you’ll also have access to an innovative Exam Prep Edge program that will put you in the best position to pass your test the first time around.

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Your free assessment consists of access to the Exam Prep Edge initial assessment exam that will give you immediate feedback on the topics you’ve mastered and the ones you still need to work on. Note that you’re required to purchase the program before you’re able to access the study materials or unlimited practice exams.

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Am I obligated to purchase by signing up?

Nope! We want you to be completely satisfied with Exam Prep Edge. You're not obligated to anything if you don't want to buy.

What happens when my free trial ends?

When you complete your free assessment, your program will be locked until you decide to purchase. If you like the program, you can purchase at any time. Get started!

 

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