Missouri Frequently Ask Questions Real Estate License

Missouri Frequently Ask Questions Real Estate License

On this page you will find a full list of frequently asked questions about how to get your Missouri real estate license, the Missouri real estate salespersons course, how to prepare for the MO state exam, how to renew your MO real estate license, and general real estate profession questions.

24-Hour Missouri Real Estate Practice Course

The 24-hour Missouri Real Estate Practice coursework is available through traditional learning channels (classroom learning options) as well as online channels (distance learning options). However, many students find they prefer the flexibility and convenience that online coursework offers.

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Yes. The 24-hour Missouri Real Estate Practice (MREP) course is available online through an MREC-approved school, like RealEstateU. Note that the 24-hour Missouri Real Estate Practice (MREP) course can be taken at any time prior to applying for a Missouri real estate license.

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Unfortunately, the Missouri Real Estate Commission doesn’t allow law school credits to be used toward the 48-hour pre-examination course or the 24-hour real estate practice course. Students are required to complete the MREC-approved 48-hour pre-exam education course.[AW2]

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The Missouri Real Estate Commission may waive educational requirements should the individual’s background and experience be found acceptable by the commission.[AW3] College credits will be reviewed on a case-by-case basis.

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No. The two mandatory Missouri pre-license coursework exams are both available online, where proctoring is not a requirement.

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According to the MREC Board Rule CSR 2250-7.080 (1)(B), the 24-hour final exam for the Missouri Real Estate Practice (MREP) course includes 50 multiple-choice questions. Students must earn a grade of 75% or above to pass. MREC Board Rule CSR 2250-7.080(1)(E).

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About the 48-hour Missouri Real Estate Pre-exam Salesperson Course

Applicants for a Missouri real estate license, who currently are unlicensed in any other jurisdiction, must complete the 48-hour pre-exam course, and the MREP – the Missouri Real Estate Practice course that covers 24 classroom hours.

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The two required courses – the 48-hour pre-exam course and the 24-hour real estate practice course – include a total of 72 hours of classroom instruction required for licensure.

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The 48-hour pre-exam course is available through traditional learning channels (classroom learning options) as well as online channels (distance learning options). If you take the course in a classroom, you will have to abide by the school’s pre-set schedule.

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Yes. Most students prefer the flexibility offered by the online Missouri pre-exam course as these courses provide scheduling flexibility to meet most students’ time constraints. Anyone can take the 48-hour Missouri real estate pre-exam course online by registering with an MREC-approved school.

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Yes, you can enroll in the Missouri 48-hour pre-exam license course while still in high school. The Missouri Real Estate Commission only requires that pre-exam course students are at least 18 years old.

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Members of the Missouri bar are provided an education waiver regarding the Missouri 48-hour pre-exam course if they submit evidence of their law license when applying for a Missouri real estate license.

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Unfortunately, the Missouri Real Estate Commission does not allow college credits to be used toward this pre-license Missouri education requirement. Instead, you must enroll in and complete the MREC-approved 48-hour pre-exam coursework prior to applying for a Missouri real estate license.

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Students studying online earn their Certificate of Completion by completing the 48-hour pre-exam course distance learning program with RealEstateU.

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Applying for a Missouri Real Estate License

When an individual has completed the 72 hours of pre-license education and has passed both sections (national and state) of the state exam, the individual is now eligible to apply for a Missouri real estate license.

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Applicants for a Missouri real estate license can submit an application form when they have completed all other eligibility requirements. Missouri real estate license applicants must use forms provided by the Missouri Real Estate Commission and complete the application forms honestly.

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According to the MREC, the application fee for a real estate license is $50, however, there is an additional $40 fee for the issuance of a Missouri real estate salesperson license. The application fees for real estate licenses are set forth by the Missouri Real Estate Commission and are nonrefundable.

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Yes. According to Missouri Statute 339.040(7), the Missouri Real Estate Commission may issue a temporary work permit if it appears the real estate license applicant has met all other state licensing requirements.

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The application for a real estate license should be sent to the Missouri Real Estate Commission when the applicant has completed the 48-hour pre-exam course, the 24-hour real estate practice course, and passed the Missouri State exam.

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Yes. According to Missouri Statute 339.040(4), an individual who has yet to associate with a licensed real estate broker in Missouri for supervision is permitted to take the state real estate exam.

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MO licensees can place their real estate license in an inactive status by completing the Missouri Information and License Change form as follows: · The Missouri licensee completes sections 1A through 1C. · The salesperson’s broker completes 2A and returns the original salesperson license with the form.

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To reactivate a Missouri real estate license that has been in an inactive status for more than six months, the licensee must submit a completion certificate for the 24-hour MREP (Missouri Real Estate Practice) course when submitting the renewal or change of status paperwork.

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All real estate licenses in Missouri are issued as active licenses. Missouri real estate licenses remain in an active status until the license holder proactively chooses to place the license in an inactive status.

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How to Get a Missouri Real Estate License

There are 4 steps you need to take to get your Missouri real estate salesperson license.

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The total fees associated with obtaining your Missouri real estate salesperson license is $345.75.

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According to Missouri Statute section 324.015 RSMo, effective August 2018, the commission will waive occupational licensing fees – upon request – for two years, beginning with the date the request is approved by the Missouri Real Estate Commission.

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According to Missouri Statute section 324.015 RSMo, effective August 2018, the commission will waive occupational licensing fees – upon request – for two years, beginning with the date the request is approved by the Missouri Real Estate Commission.

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According to the MREC Board Rule CSR 2250-3.010(11), the commission has the authority to hold a real estate application for a reasonable amount of time to complete a thorough investigation.

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There are two exams you need to pass in order to apply for your Missouri real estate salesperson license. You will need to pass the final exam and the Missouri state licensing exam.

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Missouri Disclosing Prior Criminal Activity

Certain convictions will automatically result in the denial of a real estate application. However, the Missouri Real Estate Commission has the authority to deny a real estate license application for convictions that do not result in an automatic denial.

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An application may be denied, or a real estate license may be revoked for the following reasons: · Any person who has been shown to be guilty in a court of law for: · Embezzlement · Forgery · Criminal Conspiracy to defraud, among other convictions. Missouri Statute 556.061.(8).

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The Missouri real estate application must disclose information regarding an applicant’s past criminal, including felony and or misdemeanor charges.

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The information regarding past criminal behavior must be included in section 1B of the Missouri real estate application, with additional information included on a separate piece of paper if needed.

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Criminal activity that has occurred during a real estate license applicant’s past must be disclosed on the real estate application provided by the Missouri Real Estate Commission.

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According to the Missouri Real Estate Commission, personal bankruptcy has no impact on license eligibility and, therefore, does NOT need to be revealed on the real estate license application.

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Missouri Getting Fingerprinted

Any individual who is applying for a real estate license in Missouri must be fingerprinted before submitting a real estate application for licensure to the Missouri Real Estate Commission. Each real estate license applicant must have their fingerprints taken by a vendor-approved by the Missouri State Highway Patrol.

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Applicants for a MO real estate license must first register with MACHS – Missouri Automated Criminal History Site. When contacting MACHS, the applicant must provide the MREC’s four-digit authorization number, 0004, which essentially authorizes and directs the MSHP to forward the criminal history results to the MREC.

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The Missouri Real Estate Commission reviews the results of the criminal background check to determine if the real estate license applicant meets state eligibility requirements.

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Any individual who is applying for a real estate license in Missouri must be fingerprinted prior to the submission of a Missouri real estate license application. If fingerprints are somehow illegible, an applicant may be asked to come back to retake their fingerprints.

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An out-of-state real estate applicant must have their fingerprints taken by the local law enforcement agency through the process known as Cardscan. This agency will forward the fingerprints directly to IDEMIA. IDEMIA forwards these prints to the Missouri State Highway Patrol and the FBI.

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The background search result can take anywhere from 3 to 5 days to be received by the Missouri Real Estate Commission from the Missouri State Highway Patrol.

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The cost for fingerprinting in Missouri is $41.75. This fee is split as follows: · The fee to IDEMIA is $8.50. · The fee to the FBI is $13.25. · The fee to the Missouri State Highway Patrol is $20.00.

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Missouri License Qualifications / Requirements

According to the Missouri Real Estate Commission's (MREC) website, an applicant for a Missouri real estate license must be 18 or older to apply. Evidence of the applicant’s age is provided when the applicant is fingerprinted. Missouri Statute 330.040.3.

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No, you do not need a high school diploma (or its equivalent) in order to obtain a Missouri real estate license. The Commission only requires that you be at least 18 years of age.

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Yes. An out of state resident can apply for a Missouri real estate license.

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Missouri Real Estate License Renewal

When a Missouri real estate license is in an active status, the licensee is allowed to engage in those activities defined by Missouri law as real estate activities. Licensees who have licenses in an inactive status cannot practice real estate in the State of Missouri.

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Missouri real estate licensees can renew their real estate license online if the Missouri Real Estate Commission has not yet received the applicant’s most up-to-date information, including evidence of the completion of continuing education credits.

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When renewing a Missouri real estate license online, an applicant has several electronic payment options (debit/credit card, electronic bank check, etc.). This renewal form is available online.

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Missouri real estate licenses are issued for two years. Each Missouri real estate license for a professional corporation (as a salesperson) or an inactive salesperson will expire on September 30 of each even-numbered year. All other real estate licenses expire on June 30 of each year that ends with an even number.

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Any real estate salesperson licensee in Missouri with an active license must complete 12 hours of continuing education during their two-year licensing period. Missouri Statute 339.40(8). Note: each classroom hour is defined as 50 minutes for continuing education purposes.

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An inactive Missouri real estate licensee is not required to complete continuing education credits during the time the real estate license remains in an inactive status. However, a Missouri real estate licensee will need to complete the 24-hour Missouri Real Estate Practice (MREP) course and exam.

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Any real estate salesperson licensee in Missouri with an active license must complete 12 hours of continuing education during each of the two-year licensing periods. Missouri CSR2250-10.100. Note: each classroom hour is defined as 50 minutes for continuing education purposes. Fractional hours will not be credited.

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To renew a Missouri real estate license that has been in an inactive status for more than six months, the licensee must reactivate the real estate license by submitting a completion certificate for the 24-hour MREP (Missouri Real Estate Practice) course with the renewal paperwork.

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Missouri real estate licenses are issued for two years. Each Missouri real estate license for a professional corporation (as a salesperson) or an inactive salesperson will expire on September 30 of each even-numbered year. All other real estate licenses expire on June 30 of each year that ends with an even number.

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The Missouri Real Estate Commission will waive CE requirement with the provision of acceptable evidence and documentation (Missouri Statute CSR2250-10.100(6)).

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Late fees for a Missouri real estate salesperson's license renewal are calculated at $50 per month (or any part of the month, thereof), with a maximum late fee of $200. It is important to note that a real estate licensee who is required to pay a late fee will clearly have a lapse in their license coverage.

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Any Missouri real estate licensee who does not renew their license in the subsequent period will no longer be allowed to practice real estate in Missouri, as the license becomes null and void. Individuals must requalify as a new applicant to begin practicing real estate again. MREC Board Rule CSR 2250-4.020 (2).

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According to a Missouri Real Estate Commission directive in 6-2018, a real estate licensee that is requesting a name change on their license must provide the required documents before the request is granted.

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Missouri Reciprocity and Out-of-State Licensees

The State of Missouri technically offers reciprocity with all other states, if the Missouri real estate applicant currently holds a valid and current real estate license, completes the MREP (Missouri Real Estate Practice) Course, and passes the law portion of the Missouri State real estate exam.

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An out-of-state resident from any other state can apply for a Missouri real estate license if they hold a current, valid real estate license from another jurisdiction, have completed the Missouri Real Estate Practice Course (MREP), and passed the state portion of the Missouri State real estate exam.

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An out-of-state resident can apply for a Missouri real estate license if they hold a current, valid real estate license from another jurisdiction, have completed the Missouri Real Estate Practice Course (MREP) and passed the state portion of the Missouri State real estate exam.

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Any person or allowable legal entity that is a recognized nonresident of Missouri can apply for a real estate license by submitting an application (on the proper Missouri Real Estate Commission form) with the appropriate fee and documentation. MREC Board Rule SCR 2250-4.080(1).

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Real Estate Profession Missouri Questions

According to the Missouri Real Estate Commission, a sales associate is any individual or legal entity that for another and compensation (or in expectation of being compensated).

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A real estate license is needed to perform real estate activities except as noted below (Missouri Statute 339.010(7)).

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RealEstateU Missouri Questions

Yes. RealEstateU and the Missouri courses are fully approved by the Missouri Real Estate Commission. In addition, the Missouri real estate license coursework required to earn a Missouri real estate license has received approval from ARELLO – the Association of Real Estate License Law Officials.

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Scheduling Your Missouri Real Estate Licensing Exam

Applicants for the Missouri Real Estate license can schedule an appointment by: · Calling PSI Services at 800-345-6559. · Going online to schedule.

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According to the Missouri Real Estate Commission, the cost of the Missouri State real estate exam is $65 for both the state and the national portions of the exam. The cost for each attempt to take the Missouri real estate exam is $65.

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Applicants may pay for the Missouri State real estate exam by credit card when they schedule the exam online. Applicants who reserve an exam space by calling PSI Services can use a credit card or personal/cashier’s check when they arrive at the testing center.

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Applicants can call PSI Services or go online to schedule their state exam in just a few minutes, but note, applicants are served on a first-come, first-served basis, with limited space.

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The Missouri State real estate license exam is given by PSI Services in one of several testing locations throughout the State of Missouri. These locations include St. Louis, Kansas City, Jefferson City, Springfield, Missouri State University, and Kirksville.

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RealEstateU notifies the State of Missouri within one week for each student who has completed each (or both) pre-exam license courses. RealEstateU notifies the MREC at least once a week with these updates. MREC CSR 2250-7-080 (17).

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Yes. RealEstateU notifies the State of Missouri within one week for each student who has completed one (or both) pre-exam license courses. RealEstateU notifies the MREC at least once a week with these updates.

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An out-of-state resident who holds a current, valid real estate license from another jurisdiction must also pass the state portion of the Missouri State real estate examination before submitting the Missouri real estate license application.

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Any veteran who is applying for a professional license in Missouri has the opportunity to have the GI Bill pay for the cost of the licensing test.

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The question topics and the number of questions for each topic on the national section of the MO real estate exam will include: · Contracts – 17 questions. · Real Estate Practice – 13 questions. · General Principles of Agency – 13 questions. · Financing – 10 questions. ...and more.

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Missouri State exam candidates have the option of rescheduling the exam for no fee online at the PSI Services’ website a minimum of two days before the currently scheduled test date. Candidates can also call PSI Services at 800-345-6559.

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Taking the Missouri Real Estate Licensing Exam

The Missouri State real estate exam is a multiple-choice computerized test. Applicants do not need to have any computer experience to take the Missouri real estate exam. The exam includes 100 national-based questions and 40 state-specific questions.

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The Missouri State real estate examination includes 100 national-based questions and 40 state-specific questions.

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According to PSI Services, applicants may take the Missouri State real estate exam as often as they like, with no defined exam limits.

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The results from the Missouri State real estate test are available immediately following the completion of the exam. According to the PSI Services Information Booklet, the passing score for the state-specific portion of the Missouri real estate exam is 75% (30 out of 40 questions answered correctly).

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When a candidate has met the education requirements (the 48-hour pre-exam course plus the 24-hour real estate practice course) and has passed the Missouri State real estate exam, he or she is eligible for a real estate license in Missouri.

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Yes. It is recommended that real estate state exam test takers bring a non-scientific calculator to the exam.

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Test takers must provide two forms of an unexpired ID where the name on each ID matches. Each identification must include a signature. Examples of acceptable ID include a driver's license, green card, Social Security card, or credit card (with a signature).

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According to the PSI Services Candidate Information Handbook, PSI Services provides reasonable accommodations as follows:– · For those test takers with a disability (sensory, visual, or physical). · For those test-takers who require wheelchair accessibility.

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PSI Services testing centers continuously videotape the entire testing premises to ensure a safe and secure environment for all test takers. Applicants who violate testing site rules may have their application denied by the Missouri Real Estate Commission. MREC Board Rule CSR2250-3.020(3).

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Candidates who need to retake the Missouri State exam must make another appointment for an exam. While space availability dictates the next available testing date, theoretically a test taker who is unsuccessful on a Tuesday could call on Wednesday to reschedule for Thursday if space permits.

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Yes. The state exam is available to applicants who have completed the 48-hour pre-exam course.

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The retest fee is the same as the initial testing fee for the Missouri real estate exam. According to the Missouri Real Estate Commission, the cost of the Missouri State real estate exam is $65 for both the state and the national portions of the exam.

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