Requirements Governing the Activities of Licensees
At 14 to 16 items this is tied for the largest block on the Wyoming broker state portion. It runs from advertising and compensation through disclosure, the duties owed under each relationship, documents, money, listings, errors and omissions insurance, and the grounds for discipline.
Advertising and the Broker Relationship
W.S. 33-28-119 requires a licensee promoting himself or his listings to use the real estate company name under which he is licensed, and a licensee advertising property he owns must say that an owner is a licensee. A trade name may run alongside the licensed company name if displayed conspicuously. W.S. 33-28-109(c) ties every associate broker and salesperson to one responsible broker; on termination that broker must immediately notify the Commission for cancellation, and no licensee may associate with a new broker until a license is issued for it.
Designated Licensees and Compensation
Under W.S. 33-28-302(h) and (j) a responsible broker may designate licensees for different buyers and sellers in the same transaction; those simultaneous designations do not create dual agency, which W.S. 33-28-302(o) prohibits outright. If the responsible broker is himself representing a party in an in-house transaction, he must immediately appoint a transaction manager unless the other licensee is an associate broker. W.S. 33-28-308 lets compensation come from seller, buyer, third party, or a split, and provides that paying it creates no relationship; W.S. 33-28-111(a)(xvii) bars a salesperson from taking pay from anyone but her responsible broker.
Disclosure and Duties Owed
W.S. 33-28-306 requires a written relationship disclosure before any discussion incidental to a transaction, and W.S. 33-28-309 requires it in 12-point type or larger. W.S. 33-28-111(a)(iii) makes failing to disclose an interest in the transaction a ground for discipline. W.S. 33-28-102(b)(xxxii) defines what is material to the transaction and expressly excludes psychological considerations. Agents owe loyalty and fidelity under W.S. 33-28-303 and 33-28-304 and must withhold the four protected categories of client information; an intermediary under W.S. 33-28-305 advocates for no one; a customer under W.S. 33-28-302(p) is owed no confidentiality at all.
Documents, Monies, Listings, Insurance and Discipline
Commission rules chapter 3 require a copy of any instrument to be delivered contemporaneously with signing, and W.S. 33-28-111(a)(xxi) makes failing to deliver a completed copy within a reasonable time a ground for discipline. Non-cash earnest money is allowed only if communicated to the owner before acceptance and shown on the receipt. Written listing agreements must carry price, compensation, all signatures, and a definite expiration date. W.S. 33-28-401 requires errors and omissions coverage, and Commission rules chapter 7 place a lapsed licensee on inactive status until proof is filed.
Keep going: the full Wyoming Real Estate Broker guide covers every section of the exam. Wyoming Real Estate Broker Exam Study Guide (2026) — PDF + EPUB, $19.99 · 14-day refund →
State-specific details
State exam facts
- State regulator
- Wyoming Real Estate Commission
- Exam vendor
- Pearson VUE
- Prelicensing education
- 60 cumulative class hours (Wyo. Stat. § 33-28-106(e)(viii))
- Passing score
- Scaled score of 75 (both portions)
- Scored questions
- 130
- Time limit
- 240 minutes
Who regulates real estate brokers in Wyoming?
The Wyoming Real Estate Commission licenses real estate salespersons, associate brokers, and responsible brokers, and it sets the passing score for the licensing exams in conjunction with Pearson VUE, which delivers them. After passing, you must file a complete license application within 90 days of the exam date.
What experience do I need before the Wyoming broker exam?
Experience is the gate, and Wyoming states it in the statute: a responsible broker applicant must "have first served actively for two (2) of the four (4) years immediately preceding the application as a real estate salesperson or associate broker" (Wyo. Stat. § 33-28-106(c)(ii)). An associate broker applicant faces the same two-of-four test but may substitute a degree in real estate as defined in § 33-28-102(b)(xiv); a responsible broker applicant has no degree substitute. On education, § 33-28-106(e)(viii) requires not less than 60 cumulative class hours in Commission-approved courses with a passing exam in each — delivered as Broker Course I, Broker Course II, and the Wyoming Law Course — and applicants already actively licensed elsewhere show Course II plus the appropriate portions of Course I. Responsible broker applicants must additionally pass a Commission-approved broker management course; the Commission's rule (chapter 1, section 3(c)(iv)) says it must have been taken no more than two years before the application, while the Pearson VUE handbook describes it as an 8-hour course taken within one year, so confirm the current window with the Commission. Responsible broker applicants also file proof of Wyoming trust accounts or funds holder agreements.
How is the Wyoming broker exam structured?
The Wyoming broker exam has a national/general portion of 80 scored items plus 5 pretest items with 2.5 hours allowed, and a Wyoming state portion of 50 scored items plus 5 to 10 pretest items with 1.5 hours allowed — 130 scored items over four hours in total. Both portions require a scaled score of 75 to pass, and because scores are equated across exam forms, the number you receive is neither the count nor the percentage of questions you answered correctly.
Sources: https://realestate.wyo.gov/real-estate-professionals/obtain-a-license, https://realestate.wyo.gov/real-estate-professionals/rules-regulations, https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/095100.pdf, https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/095101.pdf, https://www.wyoleg.gov/statutes/compress/title33.pdf
In the Wyoming Real Estate Broker guide: A 60-question national practice exam, with a key that explains all four options and not just the right one. Practice here stays free.