The Missouri State real estate examination includes questions regarding the following topics in the national and state sections:
National Section
The question topics and the number of questions for each topic on the national section of the Missouri real estate exam will include:
· Contracts – 17 questions.
· Real Estate Practice – 13 questions.
· General Principles of Agency – 13 questions.
· Financing – 10 questions.
· Real Estate Math – 10 questions.
· Title Transfers – 8 questions.
· Property Ownership – 8 questions.
· Market Analysis / Valuation – 7 questions.
· Property Disclosures – 6 questions.
· Land Use Controls and Regulation – 5 questions.
· Property Management and Leasing – 3 questions.
State Section
Questions in the Missouri State licensing exam’s state portion will include the following topics:
· Broker Disclosure Forms
· Property Listings and Seller Agency Agreements
· Buyer Representation and Buyer Agreements
· Transaction Brokerage and Dual Agency
· Brokerage relationship terminations
· Compensation and cooperation with other licenses
· Agent obligations to customers and to clients
· Pricing properties
· Real estate financing and estimating closing costs
· Contracts
· Construction
· Avoiding misrepresentation in the practice of real estate
Note, there may be questions included in this portion of the exam that are being pre-tested for future use by PSI Services.
Missouri State exam test takers can order a sample of the National Real Estate Salesperson Exam to review on the PSI Services website for a nominal fee.