Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Mississippi or anyone looking to become a real estate agent or realtor in Mississippi. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..
The Mississippi Real Estate Commission
administers control over the real estate industry and handles all licensing of real estate
brokers and salespersons. The Commission's offices are in Jackson. The Mississippi Real
Estate License Law may be read online.
The requirements for a
real estate salesperson license in Mississippi include being at least 18
years of age and being a bona fide resident of Mississippi prior to filing the
application. The salesperson applicant needs to successfully complete at least 60 hours of
approved real estate courses, and successfully pass the salesperson real estate
examinations. Salesperson applicants pay a $110 application fee. If the applicant has ever
held a real estate license in another state, a Certification of Licensure also needs to be
enclosed with the application.
The requirements for a
real estate broker license
in Mississippi include being at least 21 years of
age and having his legal home in Mississippi. The broker license applicant shall have had
an active real estate salesperson license for 12 months immediately prior to making
application for the broker license. The applicant is required to successfully complete a
minimum of 120 approved hours of real estate courses, and shall successfully pass the real
estate broker examinations. Broker applicants also need to include a letter of reference
from their banker with their application.
Should a broker applicant not have held an active real estate salesperson license for
at least 12 months prior to submitting the application, he may be able to substitute
having 150 approved hours of real estate courses, rather than 120 hours.
Nonresidents may apply for a nonresident license if they are a licensed broker in
another state, or a salesperson affiliated with a resident or nonresident Mississippi
broker, or a nonresident applying for a broker real estate license and will maintain an
office in Mississippi. The applicant need not maintain a place of business within
Mississippi if regularly and actively engaged in the real estate business and maintaining
a place of business in the other state.
Applicants for any agent license may be able to substitute courses from an accredited
college. A 3-semester hour college course is usually considered to be equivalent to 45
Real Estate Schools for prelicensure, post licensure, and continuing
education offer both classroom courses and distance learning courses.
The realtor license fee is $135.00 and if the applicant successfully passes the
examination there are no additional fees for a one-year license. The salesperson real
estate license is $110.00 and if the applicant successfully passes the examination, the
license shall be issued for one year with no other fees needing to be paid. If the broker
or salesperson applicants do not pass the examination they may be eligible to take the
next examination at no extra cost.
Mississippi has reciprocity agreements with some states. Applicants holding an active
license in one of those states may be able to use the real estate education obtained in
that state for the pre-licensure requirement.
You can obtain Mississippi real
estate forms online.
Real estate careers are strengthened by membership in the many organizations that
provide services for the professional agent. Those holding a real estate license usually
join organizations like the Mississippi Association of Realtors,
the National Association of Real Estate Brokers (NAREB), and the Association of
Real Estate License Law Officials (ARELLO). The National
Association of Realtors (NAR), the world's largest
professional association, assists many in locating real estate jobs within the industry.
These organizations are also excellent resources of inspiration and real estate education.