Ace the Iowa Real Estate Exam (2026 Edition)
Ready to launch your Iowa real estate career? You've come to the right place.
This comprehensive practice exam focuses on Iowa state-specific real estate laws and regulations. The Iowa real estate salesperson exam consists of national and state portions, and this resource ensures you're thoroughly prepared for the Iowa-specific content.
While this section concentrates on Iowa-specific material, we strongly recommend supplementing with national real estate practice exams. This dual approach provides complete coverage of everything you'll encounter on exam day.
Success Strategy: Top-performing candidates follow a proven formula—they practice with exam-style questions AND thoroughly study the Iowa Real Estate Brokers and Salespersons Code (Iowa Code Chapter 543B). Your exam questions come straight from these sources, making familiarity with them absolutely critical.
Understanding the Iowa Real Estate Exam
The Iowa Real Estate Salesperson exam is administered by PSI and consists of two main sections:
- National Portion: 80 questions covering general real estate principles and practices
- State Portion: 30 questions focused specifically on Iowa real estate laws and regulations
You'll need to pass both sections with a score of 75% or higher. The exam is computer-based, and you'll have 3.5 hours to complete all 110 questions.
Key Iowa Real Estate Topics
The Iowa state portion of the exam covers several critical areas:
📋 Iowa License Law
Iowa Real Estate Commission structure, licensing requirements, and violation reporting duties
📚 Continuing Education
36-hour requirement every 3 years, no exemptions for any licensees
💰 Trust Accounts
Interest-bearing requirements, quarterly transfers to state treasurer
🚫 Prohibited Practices
Net listings (illegal), unlicensed assistant activities, misrepresentation penalties
🤝 License Reciprocity
Agreements with 7 states: AR, GA, LA, MA, MN, MS, ND
🏛️ Iowa Commission
7 members total (5 licensed, 2 public), appointed by Governor
Why Practice with These Questions?
Our practice questions are specifically designed to mirror the format, difficulty level, and content areas you'll encounter on the actual Iowa exam. Each question includes:
- Detailed explanations to reinforce learning
- Visual whiteboards to illustrate complex concepts
- References to actual Iowa Code sections (543B and 193E)
- Audio explanations for auditory learners
Important Note: This is a growing question bank. We're continuously adding new questions to provide comprehensive coverage of all Iowa real estate exam topics. Bookmark this page and check back regularly for fresh practice material.
Iowa-Specific Differences to Know
Iowa has several unique aspects to its real estate law that often surprise new licensees:
- 36-Hour CE: Iowa requires 36 hours of continuing education every 3 years—one of the highest in the nation
- No CE Exemptions: Unlike many states, Iowa has zero exemptions from continuing education, regardless of experience
- Interest-Bearing Trust Accounts: Required with quarterly interest transfers to the state treasurer
- Net Listings Illegal: Iowa prohibits net listing agreements completely
- Violation Reporting Required: All licensees must immediately report violations to the Iowa Real Estate Commission
- No Holographic Wills: Iowa does not recognize handwritten wills without proper formalities
- Errors and Omissions Insurance: Required for all Iowa licensees
Study Tips for Iowa Success
1. Master Iowa Code 543B: The Iowa Real Estate Brokers and Salespersons Code is the foundation of many exam questions. Focus on Chapter 543B and Iowa Administrative Code 193E.
2. Practice Regularly: Consistent daily practice is more effective than cramming. Aim for at least 10-15 questions per day leading up to your exam.
3. Focus on Unique Iowa Rules: Pay special attention to Iowa-specific requirements like the 36-hour CE cycle, trust account rules, and reciprocity states.
4. Understand, Don't Memorize: The exam tests comprehension, not just recall. Make sure you understand why answers are correct, not just which ones are right.
5. Use Multiple Resources: Combine these practice questions with your pre-licensing course materials, Iowa Code sections, and Iowa Real Estate Commission publications.
Key Iowa Numbers to Remember
- 36 hours: Continuing education requirement (every 3 years)
- 7 members: Iowa Real Estate Commission (5 licensed + 2 public)
- $2,500: Maximum fine for misrepresentation
- 75%: Passing score required on both exam portions
- 7 states: Reciprocity agreements (AR, GA, LA, MA, MN, MS, ND)
- Quarterly: Trust account interest transfers to state treasurer
Ready to Get Started?
Scroll up to begin working through the practice questions. Take your time with each question, read the explanations carefully, and use the visual aids to solidify your understanding.
Remember: Every question you practice is one step closer to earning your Iowa real estate license. Let's get started!