How To Get Your Mississippi Real Estate License
Updated: March 4, 2021
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Updated: March 4, 2021
|Getting your Mississippi Real Estate License is the first step to becoming a real estate agent in Mississippi. Nowadays, this process can be done almost entirely online. You’ll still need to take your license exam in person, but the rest of the process can be completed entirely online!
This article outlines the process to get your Mississippi Real Estate License in an easy to understand, step-by-step manner. You’ll learn how much it will cost, how long it will take, what is on the exam, and much more.
Becoming a real estate agent in Mississippi is as simple as getting your license, finding a broker sponsor, and getting to work selling real estate! As long as you fulfill the below requirements, you are already on your way to your goal.
The requirements to become a real estate agent in Mississippi are:
Mississippi requires 60 classroom hours of real estate courses from a college/community college or a Mississippi approved pre-license education provider.
Most people choose to take their pre-license education course online. The majority of online courses are self-paced and include study materials like real estate practice exams and flashcards. Some also come with a “guarantee” that you will pass the exam on your first attempt if you complete their course. These benefits are all dependent on the education provider and package you choose, so be sure to get the course that best suits your needs.
Remember that the point of these courses isn’t just to check a box and complete a requirement, but rather to prepare you to pass your exam and become a better agent.
For real estate license exam courses and study tools, StateRequirement recommends:
Mississippi does not require the final pre-license exam to be supervised by a proctor. This is not the same as the state exam. This test is provided by your pre-license education company and is an indication that you have completed and retained the information from your pre-license education course.
Similar to the state exam, this test is closed-book and closed-note. You are allowed a basic-function calculator and scratch paper, but no cell phones or outside internet access.
After you’ve completed your pre-license education, you may now apply for your Mississippi Real Estate License.
In order to apply for licensure, you must fully complete the application form and submit it to the Mississippi Real Estate Commission. Each question must be answered as required, or the application will be returned to the applicant. A Certificate of Completion of the education requirements – official transcript, grade report, or copy of the certificates – and an application fee must accompany the application. The application must be notarized and received by MREC within 60 days of the notary date.
The fee for this application is $120 and it should be mailed to the following address:
Mississippi Real Estate Commission
Lefleur’s Bluff Tower, Ste 300 4780 I-55
North Jackson, MS 39211
After the application has been approved, you will receive a letter of approval/eligibility from the Mississippi Real Estate Commission.
Upon approval of eligibility, you will be able to take the Mississippi Real Estate Exam.
The fee to take the exam is $75 per attempt.
The Mississippi Real Estate Exam consists of 120 questions; 80 for the General section and 40 for the State section.
You will have 240 minutes (4 hours) to complete the entire exam. The General section time is 150 minutes (2.5 hours) and the State section time is 90 minutes (1.5 hours).
A passing score for the Mississippi Real Estate Salesperson Exam is 56/80 on the National section and 30/40 on the State section.
Immediately after completing your exam, you will receive a scoring document that states whether you passed or failed. If it is marked “Fail,” then you will see a breakdown of your score in the different areas of the exam. If you decide to retake the exam, use this as a guide for your studies.
You can register to take your exam on the PSI Mississippi Real Estate page. On this page, you will find some other helpful resources as well, including the Candidate Handbook and Content Outline.
Before taking the exam, check out StateRequirement’s guide on how to pass the real estate exam. This in-depth guide works as a great partner to your pre-license course to prepare you to pass on your first attempt!
Once you’ve passed your exam, you will only need to wait for your license to be issued. In most cases, this process should take between 3-5 business days. After this, you should receive an email from the Mississippi Real Estate Commission with a license document. If you have any questions at this point, you should contact MREC at (601) 321-6970 or [email protected].
Be sure to take some time to celebrate your accomplishment. You’ve put in a lot of work and effort and deserve a celebration!
Part of the application process is to be certified by a sponsoring broker.
If you don’t have a broker to work with yet, check out StateRequirement Jobs for a real estate broker opening in your area.
In your first year from the date of initial licensure, you will be required to complete 30 hours of education, which are similar to the pre-license education that you took before your exam.
Check out StateRequirement’s recommended post-license course provider for access to these courses.
All Mississippi fees: $200
Real Estate Pre-Licensing Education (Estimated): $199-$465
The total estimated cost to get a Mississippi Real Estate license is $400-$665.
The two steps that take the most time when getting your license are pre-license education and test preparation. The average amount of time that people take from start to finish is generally 3-6 months.
If you dedicate a full-time schedule to this process and study hard, you could possibly complete this process in 2 months. We wouldn’t recommend trying to go any faster than this. Take your time to study and prepare yourself for the exam.
To sell commercial real estate in Mississippi, a standard Salesperson or Broker license is all that you need. There is no specific “commercial real estate license”.
If you wish to take on a career selling specifically commercial real estate, choose a broker that handles the types of deals that you want to be a part of.
Check out StateRequirement Jobs to find open real estate jobs in your area!
Mailing Address:
Mississippi Real Estate Commission
Lefleur’s Bluff Tower, Ste 300 4780 I-55
North Jackson, MS 39211
Phone: (601) 321-6970
Email: [email protected]
Website: http://www.mrec.ms.gov/
Information on this page has been gathered by a multitude of sources and was most recently updated in December 2020.
Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. StateRequirement and its members and affiliates are not responsible for any losses, monetary or otherwise. StateRequirement is not affiliated with any state, government, or licensing body. For more information, please contact your state's authority on insurance.
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