License Exam Now Given by PSI.
The OREC has contracted out the Oklahoma License exam testing to a national company called PSI. This company tests in many states and has several locations in Oklahoma. PSI also tests in many other career fields so you may be familiar with the company already. Soon you will even be able to take the Oklahoma license exam in other states which have PSI testing facilities. I am told that Saturday and Sunday and after hours testing may also be available -- depending on student demand. Locations are given here.
License Exam to Include State & National Test Questions
The new PSI license exam has 50 questions that are Oklahoma specific and 80 questions that are national in scope. The questions will be four-answer, multiple choice. You need 75% to pass this exam. You will have 5 sample test questions at the start to allow you to get familiar with the test taking procedure.
Differences in New Procedure
You will need reservations to take the new license exams. You will be given the opportunity to review your missed questions after the exam. If you fail the exam, you may not take it again on the same day. You will need to make a new reservation.
1. You will need two forms of ID at the PSI testing center.
2. You will need a check or money order. No cash will be accepted.
3. You need to be on time for the test. Be a little early to register
4. Be sure to bring a calculator..
Some Observations on PSI generated Test Questions
Some of the PSI tests questions were very long. (Longer than I've ever seen on the Oklahoma license exam.) PSI also likes to take a practical approach rather than just asking for the definition of a term. (This requires the student to understand the term rather than just being able to identify a term.) PSI also seems to use a great deal of "NOT" questions. (For example: 'Which of the below is not real property':) This makes writing questions easier as the test creator only needs to come up with one "good sounding" wrong answer. If the right answer were a true statement, then the question would require three "good sounding" wrong answers. I prefer "NOT" questions myself because they give the student a lot of true information that might be useful elsewhere on the exam. However, students should practice taking "NOT" questions to get used to them. Remember "Not" questions become double negative when the true answer is also "not" something. (For example: 'Which of the below is not allowed'. Answer: "Not getting permission before placing a for sale sign on a listing." )
The OREC has announced that the 'Law of Agency' will be covered on the National part of the license exam. Agency law is practiced in the rest of the country and even to a limited extent in Oklahoma. Remember, you will be the agent of the real estate company you go to work for even though Oklahoma does not allow licensees to be agents of the public.
Since the OREC is allowing Agency test questions on the National exam, which covers material which is not true in Oklahoma, I feel it is also very likely that any other material which is not true in Oklahoma but true in other parts of the country will also be on the National exam. I am now working on a special test to cover this type of material.
You can read more about the PSI exam and testing locations here. You can also visit the OREC website for even more information here.
Last Update: 15 OCT 2012
Web Author: Vince Mooney, 918-665-0478
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