Licensing Examination

A written test given to a propective real estate BROKER or salesperson to determine ability to represent the public in a real estate transaction.  Most states offer examinations on at least 5 dates each year.  

        EXAMPLE:  Assessment Systems, Inc. (ASI), Psychological Systems, Inc. (PSI), Applied Measurement Professional (AMP), Experior, and National Assessment Institute     ( NAI) prepare licensing examinations for most states.  Some states prepare their own licensing examination.