Becoming a real estate agent in Missouri can be a highly fulfilling career goal for those with dedication and hard work ethic, yet there are certain specific steps they must take in order to complete the education and licensing processes successfully.
As an example, in Missouri to obtain a real estate license requires 72 hours of pre-licensing courses and passing the state exam. Successful agents often rely on their network of clients and contacts in order to find clients.
Education Requirements
Are You Thinking About Becoming a Real Estate Agent in Missouri? In order to do so, it is necessary to fulfill Missouri’s educational requirements, which includes pre-licensing education, passing the licensing exam and submitting a background check and license application.
Missouri Real Estate Practice (MREP) courses require 72 hours of pre-licensing education to receive your license, with 48-hour salesperson courses and 24-hour MREP courses being the two main components. You must finish both these classes before taking your exam; you may choose when and if to take the MREP courses.
Before selling properties in Missouri, a criminal history background check must also be completed and submitted for review by the Missouri Real Estate Commission at their $25 fee. You can access their forms on their website.
Once you have fulfilled the education and background check requirements, it is time to take your state’s real estate licensing exam administered by PSI. This test is considered moderately challenging and requires careful preparation in order to pass it on your first attempt; many candidates utilize real estate license prep courses as an aid to increasing their odds.
After passing the real estate licensing exam, MREC allows applicants to apply for their salesperson’s license online through its website. You must submit an initial license application along with proof that you completed a 48-hour pre-licensing course and passed both national and state portions of the licensing exam.
Once you obtain your real estate license, the next step should be joining an established real estate brokerage to actively assist clients with selling and purchasing homes. When choosing your brokerage partner it’s essential that they offer the appropriate culture, training, and support services to enable a smooth start to your career in real estate. Selecting an experienced broker in Missouri can help lay a solid foundation for your real estate career and ensure compliance with state regulations. Furthermore, continuing education courses offered by The CE Shop fulfill Missouri’s continuing education requirements for license renewal.
License Requirements
Acquiring a real estate license opens up lucrative profit potential for individuals looking to increase their income. Real estate agents also play an invaluable role in helping others realize homeownership goals and marking important life milestones with families and individuals alike.
Missouri requires individuals seeking to become licensed real estate agents to meet age and education criteria as well as undergo criminal background checks and fingerprinting. Individuals should prioritize meeting these eligibility requirements before undertaking more detailed steps for license acquisition.
Individuals aged 18 or over and possessing a high school diploma or its equivalent are eligible to begin the licensing process for real estate brokerage licenses in Texas. Applicants must also undergo a criminal background check conducted by an approved vendor and submit fingerprints; any applicants with criminal convictions involving fraud, theft or moral turpitude may be denied licenses by the Texas Real Estate Commission after taking into consideration factors like crime type, length of time since conviction and evidence of rehabilitation.
Individuals seeking their real estate license must successfully complete 72 hours of prelicensing courses, usually offered online with livestream and self-paced formats available. When enrolling, individuals should find a provider with high pass rates at affordable packages tailored specifically for their state.
As soon as candidates complete the prelicensing course successfully, they must take and pass their state’s real estate exam administered through PSI for $62. It is advised to register at least three weeks in advance to ensure availability for this test.
Once a candidate has successfully completed all coursework and passed their state exam, they must apply for their license with the Missouri Real Estate Commission. An application can be downloaded directly from their website and paid with a credit or debit card.
Real estate agents in Missouri must renew their license every two years by completing 12 hours of continuing education coursework. These courses aim to keep agents up-to-date with industry trends, laws and regulations; as well as provide opportunities to network with fellow real estate professionals and build relationships that can lead to future business opportunities. CE Shop provides online continuing education courses approved by Missouri Real Estate Commission that interested parties may view by visiting its website.
Licensing Process
As soon as you’ve completed your prelicensing education and passed the licensing exam, the next step in becoming a real estate agent is becoming licensed. To start this process off properly, submit your license application with Missouri Real Estate Commission (MREC) along with an application fee payment as part of IDEMIA background screening requirements for licensing purposes.
Once your background checks have been cleared, PSI will allow you to schedule your licensing exam. The exam consists of two parts – national and state portions. National covers general real estate principles applicable nationally while Missouri-specific sections cover laws and practices specific to Missouri real estate brokerage.
You must achieve an average score of 75% or higher on both sections of the exam to pass it successfully. If it has been some time since your coursework, consider taking a real estate agent preparation course in order to refresh your knowledge and increase the odds of passing on your first attempt.
Once you’ve successfully passed your licensing exam, the next step in Missouri’s licensing requirements will be for you to affiliate with a real estate broker and actively assist homebuyers and sellers. This affiliation step provides valuable industry experience while developing business skills. Many new agents opt for joining large real estate brokerage firms like Coldwell Banker, Sotheby’s or Keller Williams Realty; each offers similar services and training but it is wise to meet with multiple brokerage firms so as to determine what sets each apart and whether it will best support your career goals.
Real estate agent careers offer many advantages, from flexible work hours and networking possibilities, to helping individuals craft careers that meet both personal and professional objectives. Real estate agent roles offer flexibility that fits individuals looking for their ideal career choice.
As a real estate agent can also be an excellent way to enter wholesaling and flipping opportunities, working as an agent provides invaluable insights into market dynamics and property values. If you’re ready to become licensed real estate agent in Missouri today, Colibri offers comprehensive 12-hour real estate courses approved by the Missouri Real Estate Commission for only $99. You can enroll online or reach out for additional details – we look forward to helping you realize your real estate dreams!