Georgia Real Estate Exam Practice Questions (2025)

The Georgia real estate salesperson exam has 152 questions: 100 national and 52 state-specific. You need 72% to pass. Here are representative practice questions covering both sections.

National Section Questions

Q1: A property's net operating income is $55,000 and the capitalization rate is 8%. What is the estimated value? - Value = NOI ÷ Cap Rate = $55,000 ÷ 0.08 = $687,500

Q2: A buyer submits an offer of $310,000 on a property listed at $325,000. The seller counters at $318,000. The buyer then offers $315,000. Which statement is correct? A) The seller's counter at $318,000 is still valid B) The buyer's $315,000 offer is a counter to the seller's counter C) The original $310,000 offer is still valid D) The seller must accept the $315,000 offer

Answer: B — Each counteroffer constitutes a rejection and new offer. The seller's $318,000 counter was rejected when the buyer countered at $315,000. Only the current $315,000 offer is open.

Q3: Under the Federal Fair Housing Act, which property is exempt from the prohibition against familial status discrimination? A) A 100-unit apartment complex that permits children in 50% of units B) A 55+ community where 80% of units have one occupant over 55 C) Any property owned by a religious organization D) A single-family home rented through a broker

Answer: B — Senior housing qualifying under the Housing for Older Persons Act (HOPA) is exempt. The 55+ exemption requires at least 80% of units to have one occupant 55+, with published policies.

Georgia-Specific Section Questions

Q4: The Georgia Real Estate Commission (GREC) is composed of how many members? A) 5 members B) 6 members C) 7 members D) 9 members

Answer: B — GREC has 6 members: 5 licensed real estate brokers/salespersons and 1 consumer member, all appointed by the Governor.

Q5: Georgia real estate license law is found in: A) Georgia Code Title 43, Chapter 40 B) Georgia Code Title 44 (Real Property) C) Georgia Administrative Code Chapter 520 D) Georgia Real Estate Commission Rules

Answer: A — The Georgia Real Estate License Law is found in Georgia Code Title 43, Chapter 40. The implementing rules are in Georgia Administrative Code Chapter 520.

Q6: A Georgia salesperson receives earnest money from a buyer. What must the salesperson do? A) Deposit it in the salesperson's personal account within 24 hours B) Deliver it to the broker by the end of the next business day C) Deliver it to the closing attorney immediately D) Hold it personally until the offer is accepted

Answer: B — The salesperson must deliver the earnest money to the broker by the end of the next business day.

Q7: In Georgia, a "designated agent" is best described as: A) A broker who represents both buyer and seller in the same transaction B) A licensee appointed by the broker to represent a specific client when the broker represents both parties C) A salesperson who acts without broker supervision D) An agent designated by GREC to handle disputes

Answer: B — Georgia allows designated agency as an alternative to dual agency. The broker appoints a specific licensee to represent each party when both are clients of the same brokerage.

Q8: Which statement about Georgia's dual agency rule is correct? A) Dual agency is prohibited in Georgia B) Dual agency is always permitted without disclosure C) Dual agency requires written informed consent from both parties D) Dual agency is only permitted in commercial transactions

Answer: C — Georgia permits dual agency but requires written informed consent from both the buyer and seller before the dual agency relationship is established.

Q9: In Georgia, how long must a broker retain real estate transaction records? A) 2 years B) 3 years C) 5 years D) 7 years

Answer: B — Georgia brokers must retain transaction records for 3 years.

Q10: A Georgia licensee receives a verbal offer from a buyer. The licensee must: A) Present it verbally to the seller — no written requirement B) Refuse to present verbal offers C) Reduce it to writing before presenting, or present it verbally and notify the buyer of their right to have it in writing D) Only present written offers

Answer: C — Georgia law requires licensees to present all offers. A verbal offer should be reduced to writing, or if presented verbally, the buyer must be informed they can put it in writing.

Key Georgia Exam Topics

• GREC composition: 6 members (5 industry + 1 consumer)
• Title 43, Chapter 40: Georgia real estate license law
• Designated agency: Available alternative to dual agency
• Record retention: 3 years
• Trust account: Broker must maintain; salesperson delivers funds to broker next business day

[Practice Georgia questions at CARealestate.com/states/georgia](https://carealestate.com/states/georgia)