Prepare for the Tennessee Realtor State Exam with questions and explanations designed to help you succeed. Master the principles and regulations of real estate in Tennessee. Ace your exam with confidence!

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What score must Mike achieve on the national and state exams to obtain an affiliate broker license?

  1. 80%

  2. 75%

  3. 70%

  4. 65%

The correct answer is: 70%

To obtain an affiliate broker license in Tennessee, Mike must achieve a score of at least 70% on the national and state exams. This requirement is established to ensure that individuals entering the real estate profession have a fundamental understanding of the laws, regulations, and practices that govern real estate transactions. Scoring 70% demonstrates a minimum level of competency and knowledge necessary to function effectively as an affiliate broker. In the context of licensing, this benchmark reflects the regulatory body's goal to maintain standards within the industry, ultimately protecting consumers by ensuring that qualified individuals are serving them in real estate transactions.