Georgia Broker Supplement Examination Practice Exam
Free Practice Exam
Test your knowledge with 10 questions from our pool of 20 free questions.
- 10 questions per attempt
- 30 minute time limit
- Unlimited attempts
- A new mix each time
- Instant results
Full Practice Exam
Complete exam simulation matching the real PSI test format.
- 48 questions (same as real exam)
- 120 minute time limit
- 3 topic areas covered
- 253 questions in pool
- Detailed explanations
Texts preferred · 9am–9pm Central
Georgia Broker Supplement Examination Practice Exam Guide
What's on the exam
Questions per topic, out of 48The Georgia Broker Supplement Examination is a closed-book exam administered by PSI Services Real Estate. Its content outline covers three areas: State Laws and Rules, Management, and Closing and Calculations. In plain terms, you are asked who must hold a license and for which acts, how trust and escrow money must be held and reported, what a qualifying broker must supervise, what unlicensed support personnel may and may not do, and how brokerage agreements and disclosures must be documented.
You have two ways to practice here. The free practice exam gives you 10 questions per attempt, and you can retake it as often as you like to warm up on definitions and trust account basics. The full practice exam gives you 48 questions on a 2 hours clock, drawn fresh from our question bank on every attempt, so repeat sittings keep testing you instead of rewarding memory of a fixed set. Work the full version under timed conditions at least once before exam day.
State Laws and Rules 31 items
This is the largest block. Expect definition questions: who is a "salesperson" as opposed to an associate broker, which acts make a person a "broker" — collecting rents, assessments or other trust funds for another for valuable consideration (§ 43-40-1(2)(C)) or auctioning real estate for another for valuable consideration (§ 43-40-1(2)(F)) — and what community association management services include (O.C.G.A. § 43-40-1(4.2)). Other items cover property management services for valuable consideration (O.C.G.A. § 43-40-1(7) and § 43-40-1(2)(H)), firm qualifying brokers (§ 43-40-10(1)), required property management agreement terms (Rule 520-1-.06(2)(a)), agency disclosure timing (Rule 520-1-.06(4)(b)), licensee purchases of listed property (Rule 520-1-.06(4)(a)), transfers and wall certificates (Rule 520-1-.05(2)(b), § 43-40-19(b)), and cooperative agreements with out-of-state brokers (O.C.G.A. § 43-40-9(e)(3)).
Management 12 items
Management items put you in the qualifying broker's chair. They test the supervisory procedures a broker must establish — advertising review, written policies, systematic review of trust accounting (§ 43-40-18(c)) — and the three showings that can relieve a broker of responsibility for an affiliate's violation (§ 43-40-18(b)). Delegating a duty does not delegate liability (§ 43-40-18(d) and § 43-40-18(c)(1)). Also covered: signatory power on all firm trust accounts (§ 43-40-18(e)), paying compensation only to licensees assigned to the firm when earned (§ 43-40-18(c)(5)), written agreements on work begun but not completed (§ 43-40-18(c)(9)), multiple trust accounts and required notice (§ 43-40-20(b), § 43-40-20(d)), examinations (§ 43-40-20(c)), funds on licensee-owned property (§ 43-40-20(h)), and receivership actions (§ 43-40-21).
Closing and Calculations 5 items
The smallest block, it covers money handling and closing support. Items ask where earnest money, down payments, security deposits, rents and association fees must be deposited — a separate, federally insured trust or escrow account at a financial institution in Georgia (O.C.G.A. § 43-40-20(a)) — when the Commission may examine those accounts (O.C.G.A. § 43-40-20(c)), and that a broker may maintain more than one designated account with notice (Rule 520-1-.08(1)(a)). Expect closing-desk scenarios about unlicensed staff: assembling documents is permitted (Rule 520-1-.07(6)(e)(4)), answering title, financing or closing questions (other than time and place) is not (Rule 520-1-.07(6)(f)(5)). Recovery Fund payment consequences also appear (§ 43-40-22(d)(6)).
Sample 1 — State Laws and Rules
Question: Under Georgia law, which of the following persons is defined as a 'salesperson' for purposes of real estate licensure?
- A. Any person, other than an associate broker, who acts on behalf of a real estate broker in performing authorized brokerage acts
- B. Any person who acts on behalf of a real estate broker in providing only community association management services
- C. Any person who acts on behalf of a real estate broker in performing authorized brokerage acts, including associate brokers
- D. Any person designated by a broker as the qualifying broker for the firm who performs authorized brokerage acts
Correct Answer: A
A "salesperson" is any person, other than an associate broker, who acts on behalf of a real estate broker in performing any act the chapter authorizes the broker to perform (Georgia Code, § 43-40-1(10)). The exclusion of associate brokers is the whole point of the definition, which is why option C fails. Option B describes a community association manager, a separate license category, and option D describes the qualifying broker's role within a licensed firm. Read definition stems for the carve-out, not just the general description.
Sample 2 — Management
Question: Under a cooperative agreement with an out-of-state broker, any listing or property management agreement for Georgia real property in which the out-of-state broker will participate shall be in the name of the ______ broker.
- A. Georgia
- B. Managing
- C. Referring
- D. Out-of-state
Correct Answer: A
The written cooperative agreement must provide that any listing or property management agreement for Georgia real property in which the out-of-state broker participates is taken in the name of the Georgia broker (Georgia O.C.G.A. Title 43, Ch. 40, § 43-40-9(e)(1)(C)). The statute uses no managing or referring broker here, and the out-of-state broker participates but the agreement is not in its name. Pair this with the companion rule that trust funds from a Georgia transaction are held in the Georgia broker's trust account unless the parties with an interest agree otherwise in writing (§ 43-40-9(e)(1)(G)).
Sample 3 — Closing and Calculations
Question: According to Georgia law, where must a broker deposit earnest money, down payments, security deposits, and other trust funds received in a real estate transaction?
- A. In any bank account of the broker's choosing, as long as records are maintained
- B. In a special account at the Georgia Real Estate Commission
- C. In the broker's personal checking account within 5 business days
- D. In a separate, federally insured trust or escrow account at a financial institution in Georgia
Correct Answer: D
Each broker who accepts down payments, earnest money deposits, security deposits, rents, association fees or other trust funds must maintain a separate, federally insured account at a financial institution in this state, designated as a trust or escrow account (O.C.G.A. § 43-40-20(a)). Every element matters: separate, federally insured, in Georgia, and designated. Options A and C fail on separation and designation; recordkeeping does not cure commingling. The Commission does not hold broker trust funds, which disposes of option B.
The real exam is scored at a minimum score of 75. Treat your first timed attempt as a diagnostic, not a verdict. What matters on attempt one is the topic breakdown, not the headline number: it tells you whether your misses cluster in definitions, in supervision duties, or in trust account mechanics, and that determines what you study next.
Weight your study by outline item counts. State Laws and Rules carries 31 items, Management 12, and Closing and Calculations 5.
Because each full attempt draws a fresh set, compare attempts by topic rather than by question. A stable score across two or three sittings, comfortably above a minimum score of 75 with time to spare, means the material is holding. A score that swings widely usually signals recognition rather than understanding: you know the familiar wording of a rule but not what it requires. Re-read the cited section for every miss, then re-sit the full 48 questions under the clock.
Threshold traps in licensing definitions. In State Laws and Rules, wrong options invent rent amounts, unit counts and property values that the statute never sets. Property management services require a license when provided for valuable consideration to another, full stop (O.C.G.A. § 43-40-1(7) and § 43-40-1(2)(H)). If an option introduces a dollar figure or a unit count, suspect it.
Treating support personnel rules as common sense. Several items across State Laws and Rules and Closing and Calculations hinge on a precise list. Submitting listing data to a multiple listing service and assembling closing documents are permitted (Rule 520-1-.07(6)(e)(2), Rule 520-1-.07(6)(e)(4)); discussing the attributes or amenities of real estate with a prospective purchaser or lessee (Rule 520-1-.07(6)(f)), explaining a contract to anyone outside the firm (Rule 520-1-.07(6)(f)(7)), or answering title, financing or closing questions beyond time and place (Rule 520-1-.07(6)(f)(5)) are not. Learn both columns.
Assuming delegation shifts blame. Management scenarios hand you a delegated duty and an obvious scapegoat. The broker remains responsible for the acts of the person to whom the duty is delegated (§ 43-40-18(d) and § 43-40-18(c)(1)), and the broker's defense requires all three showings — reasonable supervisory procedures, non-participation, non-ratification (§ 43-40-18(b)).
Timing rules read too loosely. Wrong options offer "as soon as they sign with the new broker" or "at closing." After making an original application for licensure to the Commission, a salesperson may not commence work in real estate brokerage activities until the broker has received the licensee's wall certificate of licensure (Rule 520-1-.05(2)(b)), a released licensee may not resume brokerage activity until they affiliate with a new broker and mail a Change Application to the Commission, or receive a broker's wall certificate from the Commission (§ 43-40-19(b)), and agency disclosure comes no later than the time any party first makes an offer (Rule 520-1-.06(4)(b)).
Overstating what the Commission controls. Wrong options give the Commission powers it does not have: holding trust funds, pre-approving disbursements, or requiring prior approval for a second account. A broker may maintain more than one designated trust or escrow account with proper notice (Rule 520-1-.08(1)(a)), and must authorize examination by a duly authorized representative (O.C.G.A. § 43-40-20(c)).
Pacing. 2 hours for 48 questions works out to about 2 minutes 30 seconds per question. That is enough to read a scenario twice, but not enough to argue with yourself; flag a stubborn item and move on.
| Questions | 48 questions |
| Time limit | 2 hours |
| Passing score | a minimum score of 75 |
| Books in the exam room | Closed book (no books in the room) |
| Exam fee | $175 |
- A candidate cannot make a new appointment on the same day they tested, but may call the next day and retest as soon as the following day, subject to space availability.
Source: Georgia Real Estate Commission Candidate Information Bulletin, 7/1/2026. Check the bulletin before test day: fees and rules can change.