Pass Your Vermont Real Estate Exam the First Time

Vermont requires 40 hours of pre-licensing education - one of the lowest! The exam tests Vermont's unique property transfer tax and current use program (land conservation). Vacation property transactions involve understanding short-term rental regulations.

Questions

150

100 NAT / 50 STATE

To Pass

75%

~113 / 150 TO PASS

Time Limit

4 Hrs

240 TOTAL MINUTES

Provider

PSI

VREC

Pass your Vermont Salesperson or Broker License

Vermont’s Act 250 requires environmental review permits for any development over 10 acres, evaluated against 10 criteria that no national prep course covers.

Vermont built one of the most comprehensive land use review systems in the country in 1970, and the VREC tests it. National platforms were not built around Vermont’s specific environmental review process, and AI language models trained on national content cannot generate accurate questions for a regulatory framework that exists only in this state. Candidates who prepare with generic tools arrive unprepared for Vermont’s state specific content.

The License Professor is written by licensed Vermont professionals who built questions around PSI state portion priorities. Every question on Act 250 permit requirements, Vermont tax calculations, and state specific disclosure rules is grounded in Vermont law.

Vermont Sample Exams

Experience the real study interface — no account required.

Salesperson

Individuals new to real estate who want to start their career helping clients buy and sell property

Broker

Experienced professionals who want to operate independently or run their own brokerage

Three Topics that Trip Up Vermont Students Most

Act 250 (Land Use)

Vermont’s 1970 environmental review law requires permits for any development over 10 acres or 10+ housing units, evaluated against 10 environmental criteria — the most distinctive land use regulation in the country.

Property Transfer Tax

Vermont’s tiered tax charges 0.5% on the first $200,000 for principal residences and 1.47% above that, but jumps to 3.62% for non-principal residences — the math requires calculating across multiple rate tiers.

Lead Paint Disclosures

Vermont layers state-specific requirements on top of federal law, requiring both a Part I disclosure form before the purchase agreement and a Part II at closing — students who only study the federal 10-day inspection miss Vermont’s two-stage process.

The Vermont Real Estate License Professor includes specialized deep dives for each of these.

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Vermont Real Estate Exam FAQ

Vermont Real Estate Practice Questions

Sample questions from the Vermont real estate exam — with answers and explanations.

1. A broker's advertising shows only white families in suburban listings and only minorities in urban listings. What violation is this?

  1. A.Redlining
  2. B.Blockbusting
  3. C.Disparate impact steering
  4. D.Advertising discrimination and steering
Explanation: Using race-based images in advertising combined with geographic targeting violates fair housing law's prohibitions on both discriminatory advertising and steering practices.

2. A real estate broker's license in Vermont could be revoked or suspended by the Vermont Real Estate Commission for any of the following reasons, except:

  1. A.He has failed to supervise his salesperson.
  2. B.He has been convicted of fraud in a court suit levied against him for the loss.
  3. C.Two reliable witnesses have given sworn testimony that the broker is mentally ill.
  4. D.He has demonstrated negligence or incompetence in performing a real estate act.
Explanation: A Vermont real estate broker's license may be revoked or suspended by the Vermont Real Estate Commission for various reasons, but mental illness of the broker is not one of those reasons. The Vermont Real Estate Commission must establish the fact of mental illness through their own investigation, and sworn testimony from two witnesses alone would not automatically give the Vermont Real Estate Commission the authority to revoke the broker's license.

3. One key theme of the 2026 NAR MLS policy changes is:

  1. A.Increasing national standardization of MLS rules
  2. B.Shifting governance from national mandates to local MLS discretion
  3. C.Requiring all agents to join NAR
  4. D.Mandating a single national MLS system
Explanation: The 2026 changes shift governance away from centralized NAR mandates toward local MLS discretion. This recognizes that real estate is fundamentally local, and local MLSs should tailor policies to their specific markets.

Vermont Real Estate Exam Structure: What to Expect

Vermont's exam process splits into two genuinely different tracks — a PSI-proctored national exam, and a self-administered state exam.

National portion (PSI-proctored)

Standard national content, administered at a PSI test center for a $110 fee.

State portion: the Jurisprudence Exam (self-administered)

  • 50 questions, multiple choice or true/false, worth 2 points each (100 points total)
  • 75 points required to pass
  • No test center, no proctor, no time limit — download the exam, complete it, and upload only your answer sheet to your online license application
  • No fee
  • Fail it, and you redo the entire exam — there's no partial retake mechanism

Cost structure

  • Pre-licensing (40 hours): $300-$550
  • Exam (national portion): $110
  • License application: $100
  • Background check: ~$50
  • Total: $560-$810

Exam score validity

Once you pass the pre-license exam(s), your scores remain valid for 1 year.

Topics Covered on the Vermont Real Estate Exam

National Exam Topics

Standard national content administered through PSI: property ownership, contracts and agency, financing, valuation, and real estate math.

Vermont State Jurisprudence Exam Topics

Based on Vermont's own current exam content, expect coverage of:

  1. Unprofessional conduct and complaint process — who may file a complaint, grounds for disciplinary action
  2. Agency structures — designated agency, non-designated agency firms, and the prohibition on dual agency
  3. Trust and escrow accounts — deposit timing (banking days after contract execution), release conditions
  4. Advertising and signage — "For Sale" sign size limits, firm name disclosure requirements, on-premises sign statutes
  5. Disclosure requirements — seller property disclosure, agency disclosure timing, private water supply disclosure with a buyer investigation period
  6. Licensing administration — activation/inactivation, renewal cycle (every 2 years by May 31 of even-numbered years), continuing education hour requirements
  7. Vermont-specific statutes — the Vermont Land Gain Tax, municipal/historic/architectural design review jurisdiction, license law's scope (including business trade name sales when real estate is involved)

Why this list matters

The dual agency prohibition and designated agency structure show up repeatedly across Vermont's real exam questions — this is clearly one of the exam's most heavily tested concepts.

What this list doesn't tell you

Because the Jurisprudence Exam is open-book and self-administered, Vermont expects you to know how to FIND answers in the statutes and rules, not just memorize them cold — familiarize yourself with the Real Estate Commission Statutes and Administrative Rules as actual reference documents, not just study guide summaries.

How to Get Licensed in Vermont

Vermont offers Salesperson and Broker licenses through the Office of Professional Regulation.

Salesperson License Requirements

  • Be at least 18 years old
  • Be a U.S. citizen (Vermont residency is not required)
  • Complete 40 hours of approved pre-licensing education
  • Pass the PSI-proctored national exam
  • Pass the self-administered State Jurisprudence Exam (50 questions, 75/100 to pass) — download it, complete it, upload your answer sheet
  • Associate with a licensed main or branch office
  • Complete post-licensure education within 90 days of initial license issuance

Broker License Requirements

  • Have at least 2 years of experience as a salesperson
  • Complete at least 8 separate and unrelated closed transactions
  • Complete 40 hours of approved broker-level education, including 16 hours of specialized broker-level courses

License Renewal

Vermont salesperson licenses renew every 2 years by May 31 of even-numbered years, requiring both mandatory-subject and elective continuing education hours as set by the Commission.

Five Mistakes Vermont Real Estate Exam Candidates Make

Mistake 1: Not realizing the state exam is self-administered

Candidates who expect a proctored, timed state portion at a test center are caught off guard by Vermont's take-home Jurisprudence Exam format.

The fix: Understand the two-track structure before exam day — one PSI-proctored, one self-administered.

Mistake 2: Assuming dual agency works the same as in other states

Vermont prohibits dual agency outright — a candidate who studied a state where dual agency is permitted with consent will get this wrong on the Vermont exam.

The fix: Learn that Vermont requires designated agency instead of dual agency when a firm represents both parties in the market.

Mistake 3: Treating the open-book format as "easy"

Because the Jurisprudence Exam is open-book, candidates sometimes under-prepare, assuming they can just look everything up — but with 50 questions and real statutory citations, that approach costs real time and risks careless errors.

The fix: Familiarize yourself with the actual statutes and rules structure beforehand so you can find answers efficiently, not scramble during the exam.

Mistake 4: Missing the full-retake rule

Fail the Jurisprudence Exam, and you redo the entire 50-question exam — there's no partial retake for missed questions.

The fix: Take the self-administered exam seriously on your first attempt; treat it as a real exam, not a formality.

Mistake 5: Forgetting post-licensure education

Vermont requires post-licensure education hours within 90 days of initial license issuance — a real deadline that's easy to overlook once you're focused on getting licensed.

The fix: Schedule your post-licensure course before your 90-day clock starts running out.

What separates pass from fail

Pass: understood the two-track exam structure, learned Vermont's dual agency prohibition specifically, prepared for the open-book exam as seriously as a proctored one, tracked the 90-day post-licensure deadline.

Fail: expected a standard proctored state exam, assumed dual agency was permitted, under-prepared for the open-book format.

A Realistic 21-Day Study Plan for the Vermont Real Estate Exam

Week 1: National foundation

Day 1-2: Cold practice exam. Day 3-7: Contracts and agency, property value/appraisal, ownership and title.

Week 2: Vermont-specific deep dive

Day 8-11: Agency structures — designated agency, non-designated agency firms, the dual agency prohibition. Day 12-14: Trust accounts, advertising and signage rules, disclosure requirements, licensing administration.

Week 3: Simulation and the Jurisprudence Exam

Day 15-17: Financing, valuation, and math for the national portion. Day 18-19: Sit for the PSI national exam once ready; separately, do a full run-through of the state Jurisprudence Exam under realistic conditions (no shortcuts, even though it's open-book). Day 20: Review any Jurisprudence Exam questions you weren't confident on. Day 21: Submit your Jurisprudence Exam answer sheet, light review, national exam day if not already taken.

Three things every plan should include

  1. Familiarity with the actual Vermont Real Estate Commission Statutes and Administrative Rules as reference documents, not just summarized study notes.
  2. A specific, confident understanding of the dual agency prohibition and designated agency structure.
  3. Treating the open-book Jurisprudence Exam with the same seriousness as a timed, proctored exam.

Vermont's Dual Agency Prohibition: What the Exam Actually Tests

Vermont's prohibition on dual agency is one of its most distinctive real estate rules, and it shows up repeatedly across the state's Jurisprudence Exam.

What's prohibited

Unlike most states, which permit dual agency with informed written consent from both parties, Vermont does not allow a single licensee to represent both the buyer and seller in the same transaction as a dual agent. This is treated as a prohibited practice, not just a disclosure-and-consent scenario.

What's required instead: Designated Agency

When a brokerage firm represents both a buyer and seller active in the same market, Vermont requires designated agency: the firm designates two different licensees to represent each party separately, each maintaining full duties to their own client, rather than one licensee splitting reduced duties between both.

Non-Designated Agency Firms

Vermont's exam also tests the specific obligations of "Non-Designated Agency Firms" — firms that haven't set up designated agency — including protecting client confidences from disclosure to third parties (except with authorization from all affected clients) and submitting all offers regardless of amount, with or without a deposit.

Consent to designated agency showings

Vermont requires specific consent mechanics: consent to designated agency showings can be obtained within the listing agreement and buyer agency agreement through separate, dated signatures of the seller and buyer.

Sample exam concepts (based on Vermont's own released questions)

A Vermont brokerage firm represents both buyers and sellers in the marketplace. It cannot simply have one licensee act as a dual agent for both parties in the same transaction — it must either designate separate licensees to represent each party, or otherwise structure the relationship as a non-designated agency firm with its own specific disclosure and offer-handling obligations.

Why this matters for your career

Practicing dual agency in Vermont when it isn't permitted isn't a minor technical violation — it's a prohibited practice that can trigger real disciplinary consequences. The exam tests this heavily because it's one of the clearest, most consequential ways Vermont's agency law differs from what a licensee might assume based on national norms.

Passed Your Vermont Real Estate Exam? Here's What's Next.

Step 1: Confirm both exams are passed

Verify your PSI national exam score and that your State Jurisprudence Exam answer sheet was successfully uploaded and passed.

Step 2: Complete your license application

Submit your application through the Vermont OPR online system, along with your exam results and required fee.

Step 3: Associate with a licensed office

Vermont requires all licensees to be associated with a licensed main or branch office to practice.

Step 4: Complete post-licensure education within 90 days

A real, tracked deadline — schedule this promptly after your license is issued.

Step 5: Wait for license issuance

Typical processing runs 3-6 weeks for a complete application.

Realistic income expectations

Median Vermont agent income runs around $48,000; brokers average $65,000.

  • Year 1: $22K-$40K
  • Year 2-5: $40K-$68K
  • Top 25%: $68K-$120K+

Chittenden County (Burlington) and southern Vermont's ski and second-home markets are Vermont's strongest areas, with roughly 8,500 home sales a year statewide across about 3,000 active licensees — a market that's grown as remote work has drawn buyers to Vermont.

The first 30 days

Week 1: Set up MLS access, learn your office's systems. Week 2: Announce your license to your network. Week 3: Shadow an experienced licensee on active transactions. Week 4: Start prospecting, and confirm your post-licensure education is scheduled.

Vermont Real Estate License Reciprocity

Vermont does not offer reciprocity with any other state. To get licensed in Vermont, you must complete the full pre-licensing education and pass the Vermont exam regardless of any licenses you hold elsewhere.

However, these states recognize Vermont real estate licenses:

Alabama, Colorado, Georgia, Indiana, Kansas, Mississippi, Missouri, New Hampshire, Virginia

Reciprocity rules change. Verify current requirements with each state's real estate commission before applying.

Your Path to Vermont Real Estate

Follow the progression from entry-level to advanced licensure.

1
Salesperson
2
Broker
1

Salesperson License

Who is this for?

This license is ideal for individuals new to real estate who want to start their career helping clients buy and sell property To obtain a Salesperson license, you must be sponsored by a licensed broker or brokerage firm.

Requirements

Age18+
ExperienceEntry-Level
SponsorshipRequired

Your Exam

Questions150
Time4h
Format100 Nat + 50 State
Passing Score Progress75%

You need roughly 113 out of 150 questions correct to pass.

Renewal: Every 2 years • 16 CE hours required

To upgrade: 2 years experience, no sponsorship needed

2

Broker License

Who is this for?

This license is ideal for experienced professionals who want to operate independently or run their own brokerage

Requirements

Age18+
Experience2 years
SponsorshipNot needed

Your Exam

Questions140
Time4h
Format100 Nat + 40 State
Passing Score Progress75%

You need roughly 105 out of 140 questions correct to pass.

Renewal: Every 2 years • 16 CE hours required