Michigan Real Estate Broker

Michigan Real Estate Broker Exam: What You Need to Know in 2026

You've put in the time as a salesperson. Now you're going for the Michigan Broker License, and you need to pass one exam to get there. The Michigan Broker Exam is administered by PSI and covers both national real estate content and Michigan-specific law. This article breaks down exactly what's on the state portion, shows you real sample questions, and tells you how to prepare without wasting time.

Start now with our free practice exam — 10 questions, no account needed.

Michigan Broker Exam: The Basics

The full Michigan Broker Exam consists of 115 questions worth 120 points, with 210 minutes to complete it. Note that some national broker exam questions are scored at two points each, which is why the point total exceeds the question count.

To pass, you need a score of 75% — that means hitting a raw score of 90 out of 120 possible points.

The exam is closed book. No reference materials are allowed in the testing center.

This article focuses on the Michigan state law portion, which contains 40 scored questions. You have 75 minutes to complete that section. The passing threshold on the state section is 75%, or 30 of 40 scored questions correct.

A small number of experimental (unscored) questions may also appear — roughly 10% of the question count, per the official exam bulletin. These don't affect your score, but they do count against your time.

Register directly with PSI at the exam registration page. You don't need prior state approval to schedule — you can book and pay through PSI directly.

Michigan State Exam Topics

The state section tests five topic areas. Here's how they break down by weight:

Statutory Requirements Governing the Activities of Licensees — 15 questions

This is the heaviest section. It covers advertising rules, how commissions and service fees work, disclosure and conflict-of-interest requirements, how to handle contracts and listing documents, and trust account management. Know these rules cold — they show up on more than a third of the state questions.

Additional State Topics — 13 questions

This section covers Michigan-specific laws that don't fit neatly elsewhere: the Land Division Act (Public Act 591), Michigan fair housing under the Elliott-Larsen Civil Rights Act and the Persons with Disabilities Civil Rights Act, landlord-tenant law, usury laws (broker-only content), and the State Transfer Tax.

Licensing Requirements — 4 questions

This covers what activities require a license, exemptions, types of licenses, eligibility, renewal requirements including continuing education, and how to transfer or change a license.

Contractual Relationships — 5 questions

Agency relationships in Michigan — transaction coordinator, designated agency, dual agency, and required disclosures. Also covers broker/salesperson relationships and service provision agreements like buyer broker agreements and listings.

Michigan Department and State Board Duties and Powers — 3 questions

General powers of the board, how investigations, conferences, and hearings work, and what penalties look like.

When deciding where to focus your study time, follow the exam weights. Statutory requirements and additional state topics together account for 28 of your 40 questions — nail those two areas first.

Sample Michigan Broker Exam Questions

Here are five questions similar to what you'll see on the real PSI Broker prep questions. Read them carefully — but you'll need to figure out the right answers on your own.

Question 1 — Licensing Requirements
Under Michigan law, how much real estate experience is required for a broker license applicant, and how many transaction closings must a licensed salesperson complete in a 12-month period to receive one year of credit toward that experience requirement?

• A) 2 years of experience; at least 3 closings per 12-month period
• B) 3 years of experience; at least 5 closings per 12-month period
• C) 3 years of experience; at least 10 closings per 12-month period
• D) 5 years of experience; at least 5 closings per 12-month period

Question 2 — Contractual Relationships
You are a designated agent in Michigan representing a buyer. Your broker asks you to share your buyer-client's confidential financial information with another affiliated licensee who represents the seller in the same transaction. What should you do?

• A) Share the information only if the other licensee is also a designated agent
• B) Share the information because the broker has a right to all client information
• C) Refuse to disclose the confidential information, as a designated agent shall not disclose it to any licensee except a supervisory broker for the client's benefit
• D) Share the information because affiliated licensees within the same brokerage are treated as one agent

Question 3 — Licensing Requirements
Under Michigan law, after a final order of license revocation, what is the earliest an individual may apply for a new real estate license, and what happens to any education, experience, or examination results obtained before the revocation?

• A) After 1 year; prior education and exam results may be applied toward the new license
• B) After 3 years; no credit is given for education, experience, or examinations completed before the revocation
• C) After 5 years; prior experience may be credited but not prior education
• D) After 3 years; prior education may be credited if completed within the last 5 years

Question 4 — Michigan Department and State Board Duties and Powers
If a board fails to determine the appropriate penalty within the required period after receiving a hearing examiner's report, who may then determine the penalty and issue a final order?

• A) The director of the department
• B) The department of attorney general
• C) The administrative law hearings examiner who conducted the original hearing
• D) The governor, upon petition by either party

Question 5 — Contractual Relationships
Under Michigan law, which of the following is NOT one of the minimum duties a licensee owes to a client under a service provision agreement?

• A) An accounting in a timely manner of all money and property received in which the client has an interest
• B) Guaranteeing the sale of the client's property within the listing period
• C) Loyalty to the interest of the client
• D) Confidentiality of all information obtained in the course of the agency relationship

Not sure of your answers? Take the free practice exam and see how you do.

What Types of Questions to Expect

Here's a topic-by-topic breakdown of what our practice bank covers — and what skills each area actually tests.

Licensing Requirements — 34 practice questions
Expect questions on what triggers the need for a license, which activities are exempt, experience and closing thresholds for broker eligibility, and what happens after revocation. You'll need specific numbers and timeframes, not just general concepts.

Statutory Requirements Governing the Activities of Licensees — 47 practice questions
This is the broadest topic. Questions test Michigan's advertising rules, what fees and commissions are legally permissible, how and when to make disclosures, proper document handling, and trust account requirements. Scenarios are common here — you'll be placed in a situation and asked what you're required to do.

Contractual Relationships — 18 practice questions
These questions focus on agency types available in Michigan, what designated agency means in practice, dual agency rules, and the duties owed under service provision agreements. Expect fact-pattern questions where you have to apply the law to a specific situation.

Additional State Topics — 40 practice questions
A wide range of Michigan-specific law. Questions cover the Land Division Act and private road disclosure, fair housing under Elliott-Larsen and the Persons with Disabilities Civil Rights Act, landlord-tenant law, the Truth in Renting Act, usury law for brokers, and how State Transfer Tax is calculated and applied.

Michigan Department and State Board Duties and Powers — 47 practice questions
Don't underestimate this section relative to its small weight on the real exam. These questions cover board authority, how disciplinary investigations work, what the hearing process looks like, and the range of penalties. The full practice bank has 47 questions here to make sure you've seen every angle.

In total, we offer 186 practice questions across all five topic areas.

Study Materials

The Michigan Broker Exam is open to your own study approach, but you'll want physical materials you can mark up. The official exam bulletin on PSI's site outlines the content areas and is worth reading before you start.

For active reading and review, a good set of highlighters makes a real difference when you're working through statutes and definitions. These Sharpie Tank Highlighters are a practical pick — wide barrel, large ink supply, chisel tip that handles both highlighting and margin notes, and they resist smearing. The 12-pack includes multiple colors so you can color-code by topic area. Bright ink on the page beats squinting at plain text.

For official information on licensing requirements and the broker application process, check the state licensing website.

Study Tips for the Michigan Broker Exam

Match the real exam format. Our full practice exam mirrors the real PSI exam — same question count, same time limit, same topic breakdown. Practicing that way now means test day feels familiar, not foreign.

Know how to apply the rules, not just recite them. Questions on fiduciary duties, agency relationships, and required disclosures run throughout the exam. You need to apply them to scenarios, not just define them. When you study a rule, ask yourself: what would a violation look like? What's the licensee required to do in this situation?

Don't look for patterns in the answer letters. There's no hidden pattern in the answer key. If you've picked "A" four times in a row, the fifth answer can still be "A." Judge each question on its own.

Prioritize by weight. The Statutory Requirements and Additional State Topics sections together cover 28 of your 40 questions. Get those right and you're most of the way to passing.

Book your exam when you're ready — but don't wait too long. Your registration fee is valid for one year from the date PSI receives it. After that, it's forfeited.

Frequently Asked Questions

How much does the Michigan Real Estate Broker exam cost?
The exam fee is $79, paid at the time of registration. It's non-refundable.

Do I need to apply to the state before scheduling?
No. Broker candidates can pay and schedule directly with PSI without prior state approval. Use your social security number as your ID number when scheduling.

How many questions are on the Michigan Real Estate Broker exam and how long do I have?
The full exam has 115 questions worth 120 points, with 210 minutes allowed. Some national questions are worth two points each. The state portion is 40 scored questions with a 75-minute time limit.

What is the passing score?
You need 75% — a raw score of 90 out of 120 possible points on the full exam. On the state section, that means 30 of 40 scored questions.

Is the exam open book?
No. The exam is closed book. No reference materials are permitted in the testing center.

What ID do I need?
Bring one valid, non-expired government-issued photo ID that also bears your signature. Acceptable forms: state driver's license, state ID card, U.S. passport, U.S. military ID, U.S. Alien Registration Card, or Canadian government-issued ID. The name must match your registration.

How do I schedule the exam?
Register online at the exam registration page, or call PSI at (855) 579-4635. Phone registration runs Monday–Friday 7:30 am–10:00 pm and Saturday–Sunday 9:00 am–5:30 pm Eastern. You can test at a PSI center or via remote proctoring.

What if I need to cancel or reschedule?
You can cancel without forfeiting your fee if PSI receives your cancellation at least 2 days before your scheduled date. Cancel through the PSI website or by speaking with a PSI representative directly — voicemail and email don't count.

How long is my registration fee valid?
One year from the date PSI receives your fee. If you haven't tested by then, the fee is forfeited.

Are there experimental questions on the exam?
Yes. In addition to the 115 scored questions, a small number of experimental questions — roughly 10% of the question count — may appear. They're not scored, but they do count against your time.

Ready to Test Yourself?

You've got the overview. Now put it to work. Start with our free practice exam — 10 questions, no login required, no cost. Get a feel for the format and see where you stand. When you're serious about prep, the full practice exam gives you the complete question set, timed sessions, and a topic-by-topic score breakdown so you know exactly where to focus. The Michigan Broker Exam is achievable. Study smart, cover the high-weight topics first, and go take it.