The Licensing Board has adopted a new examination procedure for real estate broker and salesman licenses effective with the March 1975 examination. The new examination replaces the Princeton Educational Testing Service examination which has been used by the Board since January of 1971.

The new examination which has been developed by the Board will continue to be of the multiple-choice type of questions. The broker's exam will consist of 100 questions to be completed in 3 1/2 hours and the salesman exam will consist of 80 questions to be completed in 3 hours. A passing grade will require an overall score of 70% of the questions answered correctly. The exam will be machine graded and the results tabulated by computer.

Under the new examination procedure, applicants who do not pass the examination have the privilege to review and discuss their examination with a member of the Licensing Board or a representative of the Board.

The examinations will be held monthly at two new test centers located at the State Fairgrounds in Raleigh and the Convention Center in Winston-Salem. In implementing the new exam, it was necessary to revise the examination schedule for 1975. The new exam schedule and location of the test centers are listed below.