Monthly Archives: January 2011

Broker Proficiency Exam

Sales/Broker and Broker/Managing Broker Transition

Lots of concerns floating around regarding the transition to Broker and Managing Broker.

Late 2010, MORe had a pilot testing for the Proficiency exam and the success rate was 99%
Those that have taken the course did not think it was as tough as they had initially predicted
The prep course is designed to teach you everything you need to know for the exam
Exam consists of 50 multiple choice questions for the sales to broker transition and 70 for the broker to managing broker transition.

Passing score is 75%; allows the sales to broker transition agent to miss 12 and the broker to managing broker 17.