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Wisconsin Real Estate Practice Exam

Practice questions for Wisconsin coming soon. Explore our study guide below.

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This practice test prepares you for the Wisconsin Real Estate Salesperson exam. This page includes a 140-question sample exam, a breakdown of eligibility rules, a detailed exam outline, and up-to-date study resources. Start your Practice Exam now to test your knowledge.

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Who is eligible to take the Wisconsin Real Estate Salesperson exam?

To qualify for the Wisconsin Salesperson license exam, candidates must meet specific education, citizenship, and background requirements:

What’s on the Wisconsin Real Estate Salesperson exam?

The Wisconsin Real Estate Salesperson exam consists of 140 scored multiple-choice questions in the state portion. There are also 5-10 unscored pre-test questions included. Exam sections include ownership and transfer of property, land use controls, property valuation and math, agency relationships, contract law, disclosures, business ethics, fair housing, antitrust laws, and miscellaneous regulatory practices.

Wisconsin Real Estate exam topics

The table below are major licensing topics you’ll need to study:

Main TopicSubtopics# of questions
Ownership and Transfer of Property- Property Ownership:  • Definition of an encumbrance (easements, liens, encroachments, property taxes, special assessments)• Differences between real and personal property  • Types of ownership under WI law (joint tenancy, tenancy in common, marital property)
- Transfer of Property:  • Title insurance (prelim report, gap insurance)  • Warranty, quit claim, personal rep’s deed  • Definition of deed  • Deeds, warranties, defects in title  • Security interest and bills of sale  • Conveyances, recording titles
14
Land Use Controls and Regulations- Private controls (restrictions, deed conditions, covenants) - Public controls (permitted use, conditional use, non-conforming use, variance, setbacks) - PUDs5
Valuing and Financing Property; Calculations- Valuation and Market Analysis:  • Comparative market analysis  • Market/appraised/assessed value  • Principles of value - Financing:  • Types of loans (fixed, ARM, balloon)  • Loan-to-value ratio, points, origination fees, PMI  • RESPA (illegal kickbacks)  • FHA, VA, government programs  • Lending requirements  • Sources (seller, land contracts, primary market)  • Regulation Z, TRID  • Mortgage/secondary market fraud
- Mathematics:  • Real estate math  • Prorations  • Property tax calculations  • LTV ratio calculations  • Transfer fee calculation
20
Agency- Laws of Agency:  • Types of agencies/agents  • Duties to customers/clients  • Termination, creation of agency
- Agency Contracts:  • WB-1 Residential Listing Contract  • WB-4 Condominium Listing Contract  • WB-36 Buyer Agency/Tenant Representation  • Other real estate agency contracts
32
Disclosures- Environmental disclosures (asbestos, underground storage tanks) - Owner disclosures (residential, vacant land) - Condo disclosure requirements - Federal lead-based paint law - Other disclosure obligations13
Contract Law and Approved Forms- Contracts:  • Approved forms, legal advice  • Obligation to furnish copies, maintain records - Offers to Purchase:  • WB-11 Residential Offer to Purchase  • WB-13 Vacant Land Offer to Purchase  • WB-14 Condo Offer to Purchase  • WB-40 Amendment  • WB-41 Notice Relating to Offer  • WB-44 Counter-Offer  • WB-46 Multiple Counter Proposal22
Business Ethics- Conduct and ethical practice for licensees - Real estate practice14
Fair Housing- Fair Housing Law - Local equal opportunities - ADA/auxiliary services for disabled6
Federal Antitrust Law- Price fixing - Group boycotts2
Miscellaneous- Trust accounts - Fee splitting - Responsibilities of firms/licensees - Legal effects of leases as per approved forms - Rental residential practices12

What is the exam passing score?

A passing score for the Wisconsin Real Estate Salesperson exam is 75%. To pass, you must answer at least 105 out of 140 questions correctly. This minimum applies to the total number of scored items on the test.

What 2025 Wisconsin Real Estate Laws should you know for the Salesperson exam?

For the 2025 Wisconsin Real Estate Salesperson exam, you must understand new requirements for written buyer‑broker agreements before showings, updated commission disclosure rules, and enhanced MLS listing obligations. These changes emphasize agency transparency, negotiation of commissions, and timely MLS cooperation, areas now directly reflected in exam questions about agency, disclosures, and contracts.

Below is a summary of the key 2025 laws:

Law/RuleBrief Description2025 StatusExam Relevance
Buyer‑Broker Written AgreementRequires a signed buyer‑broker or agency agreement before showing any property.New law, effective Aug 2024: written agreements requiredUnder Agency and Disclosure
Commission DisclosureMandates upfront, transparent negotiation and disclosure of agent commissions.Changed: must disclose and negotiate prior to closingUnder Contracts and Disclosure
MLS Clear Cooperation PolicyRequires listings to be entered in the MLS within one business day of public marketing.Strengthened: includes new listing options for sellersUnder Contracts and Listing Practices
Real Estate Transfer Tax ReformUpdates to transfer tax policies and property reclassification rules.Some revisions to classifications and exemptionsUnder Property Tax and Law

How to prepare for the exam?

Improving your pass rate depends on understanding exam details, using trusted resources, and following a targeted study plan.

Understanding Wisconsin Salesperson exam details

Wisconsin Real Estate exam structure and requirements is essential for effective preparation. Here is information you need to know:

Learning from prep resources

Use trusted study guides and platforms that align with Wisconsin’s exam outline. Quality resources include:

Prep books

Free practice test platforms

Other resources

Follow study strategy

A structured study plan improves content retention and builds confidence under real exam timing. You can begin with core topics, then refine your approach based on past performance. The table below is a sample of 8‑week study plan:

WeekFocusActivities
1 - 2Ownership & agencyRead outline, watch topic videos, flashcards
3 - 4Valuation, financing, contractsPractice questions + review wrong answers
5Disclosures & ethicsDeep dive into cases & laws
6Practice examsTimed mock tests
7Review weak areasRe-study low-scoring sections
8Final exam simulationFull test practice under timed conditions

Weak area analysis

Mastering Real Estate math

There will bemath questions in the national section of the Wisconsin Real Estate Salesperson exam. Candidates must:

Candidates are permitted to use the following standard conversion data during the exam, unless a specific question indicates otherwise:

For questions that involve prorated amounts, the exam will clearly state:

Since math questions can affect your result, focused practice is essential after reviewing the main topics. To prepare:

Frequently Asked Questions

How tricky are the Wisconsin exam questions compared to practice tests?

The actual exam, particularly the state portion, is more scenario-based and nuanced, questions often combine multiple topics in one real-world scenario. State questions aren’t just definitions but applied scenarios.

What strategies help with tricky wording and test-taking on the real Wisconsin exam?

A common tip: slow down and carefully eliminate obviously wrong answers first, then interpret the remaining options with context. This “eliminate and choose the most correct” tactic helps catch trick phrasing.

How important is vocabulary and reading comprehension for Wisconsin?

Wisconsin-specific test questions often hinge on complex wording. Vocabulary mastery and reading comprehension skills are vital. Vocabulary knowledge is necessary. Reading comprehension for Wisconsin's test is also very much needed.

How should I pace my exam approach?

Use a two-pass method: quickly answer confident questions, flag the rest, then review flagged items. Take your time to read carefully, eliminate wrong choices, and ensure math accuracy.

How do I overcome test anxiety and second-guessing?

Label questions based on confidence (A – sure, B – unsure, C – math), complete the A group first, skip B and C, then return for review. Look for clues in later questions, you may find hidden answers.