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Updated: Sep 27, 2026

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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Overview:

Certification Vendor:Virginia Department of Professional and Occupational Regulation (DPOR) / PSI
Exam Name:Virginia Real Estate Salesperson Exam
Exam Number:VA-REAL-EST-SP
Related Certifications:Virginia Real Estate Principles of Real Estate (Pre-licensing)
Virginia Real Estate Broker License
Passing Score:National: 70% (56/80), State: 75% (30/40)
Exam Price:$60 USD
Available Languages:English
Certificate Validity Period:Indefinite (license must be renewed per state requirements)
Exam Format:Computer-based testing, Multiple choice, Two-part exam (National + State)
Exam Duration:150 (approx. 105 min national + 45 min state)
Real Exam Qty:120 (80 national + 40 state)
Recommended Training:Virginia Real Estate Pre-Licensing Courses
Real Estate Exam Prep (Virginia)
Exam Registration:PSI Exams Registration
Virginia DPOR Real Estate Board
Sample Questions:Real Estate Licensing Virginia-Real-Estate-Salesperson Sample Questions
Exam Way:Computer-based exam at PSI testing centers or online proctored exam
Pre Condition:Must complete 60-hour Principles of Real Estate pre-licensing course approved by Virginia DPOR and be at least 18 years old (or meet reciprocity requirements if licensed elsewhere).
Official Syllabus URL:https://www.dpor.virginia.gov/Boards/Real-Estate

Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:

SectionObjectives
Real Estate Calculations- Math applications
  • 1. Area and valuation calculations
    • 2. Commissions and prorations
      Virginia Law & Regulations- State-specific rules
      • 1. DPOR licensing rules
        • 2. Virginia real estate statutes
          Agency Relationships- Broker-client relationships
          • 1. Fiduciary duties
            • 2. Disclosure requirements
              Valuation and Market Analysis- Appraisal concepts
              • 1. Valuation approaches
                • 2. Comparative Market Analysis (CMA)
                  Financing- Mortgage concepts
                  • 1. Loan types and structures
                    • 2. Lending regulations basics
                      Contracts- Real estate contracts
                      • 1. Listing agreements
                        • 2. Purchase agreements
                          Real Estate Practice & Ethics- Professional conduct
                          • 1. Fair housing laws
                            • 2. Ethical practices in transactions
                              Property Ownership- Types of ownership
                              • 1. Community vs separate property concepts
                                • 2. Joint tenancy / tenancy in common
                                  Land Use Controls & Regulations- Government restrictions
                                  • 1. Zoning and building codes
                                    • 2. Environmental regulations

                                      Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

                                      Question #1

                                      What would make claims based on a contract unenforceable?

                                      • A. mutual assent, lawful objective, and reality of consent
                                      • B. the statute of limitations and doctrine of laches
                                      • C. specific performance, rescission, and forfeiture
                                      • D. assignment, mediation, and arbitration
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

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                                      Question #2

                                      Bobby took out a commercial mortgage to pay for his new podcast studio. It is an interest-only loan of $800,000 with an interest rate of 4.5%. How much will Bobby pay in interest over the year?

                                      • A. $10,500
                                      • B. $36.000
                                      • C. $3,500
                                      • D. $45,000
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

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                                      Question #3

                                      A deed in lieu of foreclosure is often referred to as a "friendly foreclosure" because:

                                      • A. This alternative to foreclosure is handled by legal representatives known as "friends of the court."
                                      • B. This alternative to foreclosure only takes place when the foreclosure sale buyer is a friend or family member.
                                      • C. This alternative to foreclosure requires the agreement and cooperation of both lender and borrower.
                                      • D. This alternative to foreclosure is an option only available to friends or family of the lender.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

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                                      Question #4

                                      Mindy experienced a foreclosure process that included being named as a defendant in a lawsuit by her lender and seeing her home sold in a foreclosure sale. From that information, what can you guess about the category of foreclosure used and who holds the title to the property?

                                      • A. A judicial foreclosure was necessary because Mindy holds the title.
                                      • B. A nonjudicial foreclosure was necessary because Mindy holds the title.
                                      • C. A judicial foreclosure was necessary because the lender holds the title.
                                      • D. A nonjudicial foreclosure was necessary because a trustee holds the title.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: A  🗳️

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                                      Question #5

                                      A leasehold agreement where the base rent changes is called a:

                                      • A. percentage lease
                                      • B. lease-purchase agreement
                                      • C. variable lease
                                      • D. net lease
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

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