Exam Weightings – Practice of Commercial Real Estate Exam

Commercial Real Estate is a very important sub-division of the Real Estate Business. It entitles all the deals for Commercial and Business Properties in the real estate market. From RECA’s perspective, it is an important topic to be considered to pass the Alberta Real Estate Exam. Thus, it gives considerable weightage to Commercial Real Estate in the RECA Exam.

Let’s see what is the weightage given to the Commercial Real Estate Topics in the RECA Exam –

Weightage to Commercial Real Estate in the RECA Exam

Commercial Real Estate is a critical category for applicants who want to specialize in the Commercial Real Estate Business. The format below will give you a brief idea of what to expect in the exam.

1. Number of Questions: The exam consists of a total number of 140 Questions.
2. Question Format: All the questions are multiple-choice. You can select the best option that you think is right from a given list of 4 choices.
3. Time allotted per Question: For ideal and expected results, you can spend an average of 1.29 minutes for each question to complete the exam in the stipulated time.

Commercial Real Estate Exam Weightage Distribution by Unit

Let’s discuss the marginal distribution of the sub-topics covered under the Practice of Commercial Real Estate Exam. It will also include significant weightings given by The Real Estate Council of Alberta in its real estate exams.

Commercial Real Estate is divided into 5 Units:

1. Commercial Properties
2. Commercial Investment and Finance
3. Commercial Leasing
4. Current Trends & Issues in Commercial Real Estate
5. Preparing for a Career in Commercial Real

Each of them has different weightage criteria in the RECA exam. Have a look at the following table for unit-wise division of questions.

Minimum Passing Requirements for the Exam

1. Passing Percentage – Minimum passing percentage for the Commercial Real Estate Exam is 70%.
2. Passing Marks – Minimum number of marks required to pass the exam is 98.

These are some vital tips for fresh applicants who are planning to appear for the Commercial Real Estate Exam. If you have minimal knowledge of the distribution of marks, then these emphasis will help you clear the exam in the first attempt.

Our tips will help you to plan your studies with a better understanding of the topics involved. You can anticipate accurate results when you are aware of these small details while preparing for the Commercial Real Estate Exam in Alberta.

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