Becoming a Missouri real estate broker is a strong step forward in your career. Not only does this advanced license look great on a resume, it also allows you to work independently, open real estate brokerage firms, and manage other agents within these firms.
Getting the Missouri Real Estate Broker License is a fairly simple process, but it does require you to complete five steps, and have a few prerequisites before applying or taking the broker’s exam.
This guide covers all of these requirements in a simple, easy to understand way that will make it easier for you throughout this process.
Missouri Real Estate Agent vs Real Estate Broker
Missouri offers two different types of real estate license: Sales and Broker.
A sales agent’s license is the initial license that real estate agents get in order to sell real estate.
A broker’s license is an advanced license that allows the license holder to operate at a higher level within real estate businesses in Missouri.
People often confuse sales agents and brokers. A simple way to look at the difference is that holders of the sales agent’s license are called real estate agents, while holders of the broker’s license are called real estate brokers.
If you are working towards getting your first license, check out our Missouri Real Estate License guide. If you’re working on the Missouri real estate broker license, keep reading this page!
Missouri Real Estate Broker License Requirements
First, to be eligible for a real estate broker’s license, you must meet the prerequisites to become a real estate broker in Missouri.
These prerequisites are:
- Have an active Missouri Salesperson License for the last 24 of 30 months prior to your broker application
There are exceptions to the educational requirements for licensed attorneys who also hold official salesperson licenses and can pass both portions of the broker exam. You will also need to pass the criminal record check.
How to Become a Real Estate Broker in Missouri
Once you meet all the requirements listed above, you can follow these five steps to easily help you get your real estate broker license in Missouri.
Step 1: Complete a Missouri Broker Pre-Licensing Course
The first step to getting your real estate broker license in Missouri is to take 48 classroom hours of qualifying real estate courses.
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To get a broker license, you need to complete at least a 48-hour pre-examination course following your pre-licensure, examination, and work experience as a salesperson.
Courses that you may need to take may include:
- Ethics at Work
- Breaking Barriers: Fair Housing
- Assistance Animals and Fair Housing
- First-Time Homebuyers
These real estate courses mostly cover the fundamentals of working in real estate and must be completed within six months of your broker’s license application. This requirement is divided into two sections:
Missouri offers reciprocity. For salespeople who want a Missouri Broker’s License, they have to show they have 24 months of experience as a salesperson within the last 30 months. They also have to take both portions of the Missouri broker exam and apply for licensure.
Those who hold active broker licenses in other states must only pass the state portion of the Missouri broker exam and show they’ve worked the last 24 of 30 months as a broker or salesperson. They aren’t required to take the 48-hour broker course.
After completing the courses, you must also pass the final broker course exam. The minimum passing grade is 70%. The final pre-license exam is to be supervised by a proctor, whether on-site or online. This is not the same as the state broker exam.
After passing your broker course exam, your pre-license education provider will provide you with your course completion documents. Follow the instructions on the back of your passing exam card to turn in your application.
Step 2: Submit a Missouri Broker License Application
Once you meet the broker pre-licensing education requirements and pass the course exam, you can now apply for your license.
To submit your broker license application, you must apply through the Missouri Real Estate Commission (MREC). You should follow the instructions on the back of your passing score report to apply. Remember that you must apply within six months of the 48-hour pre-examination course’s completion. The fee for a broker license application is $50.
If you have questions about licensing, you can reach out to firstname.lastname@example.org or call the Missouri Real Estate Commission at (573) 751-2628.
Step 3: Get a Fingerprint-Based Background Check
After submitting your license application, you must have a fingerprint-based background check. You must submit your fingerprints via IdentoGO by IDEMIA.
To be fingerprinted, you need to register on the Missouri Automated Criminal History (MACH) website. If you cannot connect online, then call Missouri IdentoGO at (844) 543-9712 to register.
You will need the MREC’s registration number, 0004, when you make your reservation to be fingerprinted. By providing this code, the FBI and Missouri State Highway Patrol get permission to pass on the results to the MREC on your behalf.
The fee for fingerprinting is $40.50.
If you aren’t sure whether you are eligible for a real estate license based on your history, check out our article on Real Estate License Eligibility.
Step 4: Pass the Missouri Real Estate Broker Exam
After completing the steps above, you must take the real estate broker licensing exam via PSI Exams.
The fee for the broker exam is $62.
In Missouri, brokers take two sections of the exam, the national portion and state portion. The national portion has 10 simulation problems (only nine are scored). The state exam has 75 multiple-choice problems.
You will get up to four and a half hours to take the examination.
You will get the results of your exam when you report to the testing supervisor. You will only find out what you missed if you fail the test. If you didn’t pass, then you can take the test again. A passing score for the state section is 57 out of 75.
For more information on the exam, PSI provides a Candidate Handbook containing the Missouri Real Estate Broker Exam Content Outline.
Taking an exam prep course provides you helpful tools and materials, such as quizzes and specific state-only practice exams, to increase your chances of passing your broker license exam the first time.
Step 5: Application Review
After you pass the broker exam, you will need to apply for your real estate broker’s license. Fill out the real estate broker license application at the MREC’s website. Once it is approved by the MREC and you get your fingerprints approved, you can get your license.
Your license won’t be sent out to you until your fingerprints are approved, so apply for those at the same time as applying for licensure.
Now that you’ve successfully passed the broker licensing exam and obtained your license, there are a few things you need to do to keep your broker license active and updated.
Missouri Real Estate Broker License Renewal and CE
In Missouri, every real estate licensee has to complete a renewal every two years. You will receive information about the renewal in mid to late April. During that time, you’re expected to complete at least 12 hours of real estate instruction for continuing education (CE) credit.
Of those 12 hours, at least three hours must be core credit. The deadline for course credit is March 30, 2022 for brokers, as broker licenses expire every two years on June 30. The Missouri Resident Broker Renewal Fee is $50 with a $1.75 processing fee for a total of $51.75.
MOREC – Missouri Real Estate Commission
Missouri Real Estate Commission
3605 Missouri Blvd.
P.O. Box 1339
Jefferson City, MO 65102
Hours: Monday to Friday, 8:00 am-5:00 pm
Phone: (573) 751-2628
Missouri Real Estate Broker License FAQ
How much does it cost to get a real estate broker license in Missouri?
The costs of getting a real estate broker license in Missouri can range between $361.50 and $551.50.
The cost breakdown is as follows:
Pre-license education courses: $209-$399
Application fee: $50
Fingerprint-based background check: $40.50
Broker exam fee: $62
How long does it take to get a real estate broker license?
The steps that typically take the most time when getting a broker license include taking pre-license education courses and exams. The average amount of time to get a broker license is generally three to six months.
What is the difference between a real estate agent and a real estate broker?
Real estate agents focus on working with clients on individual real estate transactions, while real estate brokers have more experience with the added responsibility of managing a team of real estate agents or brokerage business. See our Real Estate Agent vs. Broker vs. Realtor page for more information.
How much does a real estate broker make?
Real estate brokers get paid just like real estate agents by earning commissions on their agents’ sales. Brokers can also charge the real estate agents they manage a fixed monthly fee or have the option to earn money on commission sales by helping their own clients buy and sell property. According to Payscale data, brokers earn $61,314 per year in base salary, with anywhere between $10,000 and $147,000 in commissions. The Bureau of Labor Statistics (BLS) indicates that the median broker salary is $62,010.
How do I get a job as a real estate broker in Missouri?
Browse through available real estate broker jobs in your area using our StateRequirement Job Board!