When is a real estate license required in Mississippi?

If you hold a Mississippi real estate salesperson license, you are legally able to earn a commission or other compensation by representing sellers and buyers with their selling, purchasing, listing, leasing, or renting needs for any real property. A qualifying broker must supervise a real estate salesperson.

A real estate salesperson license is required when you wish to represent a buyer or seller in a real estate transaction and earn a commission for your services. This includes listing, selling, purchasing, leasing, and renting of real property. A salesperson license is not required to sell or buy your own home.

If you change your employing broker, you must complete a salesperson transfer application. It must be signed by your current responsible broker, who must return your license to the MREC within three days of releasing you. There is a $50 transfer application fee payable to the MREC.