The Montana real estate exam is administered by PSI. Candidates are encouraged to schedule an exam online by visiting the following site: www.goAMP.com, or by calling PSI at 800-345-6559. 

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Current Processing Timeframes: Real estate licenses are typically processed in 2-4 weeks.

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Salesperson Exam

• Applicants must be at least 18 years of age and:
• Must have received credit for completion of 2 years of full curriculum study at an accredited high school or equivalent
• Must have successfully completed 70 hours of approved pre-licensing education within the past 24 months
• Must have passed the Montana Real Estate Salesperson Examination within the past 12 months
• Must be employed or under contract with a licensed broker with a supervising broker endorsement 
• Must provide proof of Professional Liability & Errors and Omissions insurance 
• Must pay exam fee ($106)
• Must pay application fee ($70)

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Broker Exam

• Applicants must be at least 18 years of age and:
• Must have graduated from an accredited high school or equivalent 
• Must have completed 60 hours of approved pre-licensing education within the past 18 months 
• Must have passed the Montana Real Estate Broker Examination within the past 12 months 
• Must have a minimum of 2 years’ experience as a licensed salesperson
• Must have completed the required experience points
• Must provide proof of Professional Liability & Errors and Omissions insurance 
• Must pay exam fee ($106)
• Must pay application fee ($90)

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Salesperson Examination: The exam consists of a national and a state portion. There are 80 national questions and 33 state-specific questions. Candidates are given 3.5 hours to complete the exam.

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Broker Examination: The broker exam consists of a national and a state portion. There are 75 national questions and 40 state-specific questions. Candidates are given 3.5 hours to complete the exam.

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The exams are multiple-choice and are given by computer. They can be taken at the following locations: Billings, Great Falls, Helena, Kalispell, and Missoula.

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Salesperson Examination:

The national portion of the exam covers the following topics:

• Agency relationships and contracts
• Real property ownership/interest
• Finance
• Real property
• Marketing regulations (purchase and rental)
• Property management
• Real estate calculations 

The state-specific portion of the exam covers the following topics:

• The Real Estate Licensing Agency’s Powers
• Licensing
• Requirements governing the activities of licensees
• Additional Topics: Recovery/Surety Fund, Land Description, Common Interest Ownership/Condominium, Landlord/Tenant relationship, Foreclosure and Redemption, and Statute of Frauds

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Broker Examination:

• Primary Issues: 

• Agency relationships and Property representations
• Fair Housing and Other Governmental regulations
• Handling Money
• Training and supervising of licensees
• Plus one of the following topics varying by exam: agency, contracts, freehold and leasehold, property management, finance, government regulations and private restrictions, description and measurement, valuation, conveyance, calculations, and ethical behavior.

• Section Topics:

• Agency
• Contracts
• Freehold and Leasehold
• Property Management
• Finance
• Government regulations and private restrictions
• Description and measurement
• Valuation
• Conveyance
• Calculations
• Ethical Behavior (must be incorporated in at least 4 problems)

• Property types:

• Residential
• Commercial
• Property management
• Plus two property types varying by examination form

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Salesperson Examination: You must correctly answer at least 70% of the questions to pass on the national and state-specific portions. 

Broker Examination: You must correctly answer at least 80% of the national questions and 75% of the state-specific questions in order to pass.

All candidates are required to bring 2 forms of identification. The primary form must be government-issued, current, and include the applicant’s name, signature, and photograph. No form of temporary identification will be accepted. 

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The primary form of identification can be any of the following:

• Driver’s license with photograph
• State identification card with photograph
• Passport
• Military identification card with photograph 

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The secondary form of identification must include the candidate’s name and signature. The secondary identification can be any of the following:

• Credit card with signature
• Social Security card with signature 
• Employment/Student ID card with signature

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If an applicant’s name on their registration is different than that on their identification, the applicant must bring proof of name change.

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