Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Missouri or anyone looking to become a real estate agent or realtor in Missouri. 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 Missouri Division of Professional Registration provides administrative support to 39 professional licensing boards and commissions within the state, including the Missouri Real Estate Commission. The Real Estate Commission was created in 1941 and its current function is to carry out the provisions of the real estate license law.
The requirements for a real estate salesperson license in Missouri include being at least 18 years of age and fulfilling ONE of the following requirements:
- Successfully completing a 60-hour salesperson course from an approved real estate school
- Be a licensed attorney
- Be granted a one-time sitting for
the real estate examinations by the Commission
- Qualify for a one-time sitting for the examinations by being actively licensed in another state as either a salesperson or broker for at least 12 of the immediately preceding 18 months
The requirements for a real estate broker license in Missouri (http://pr.mo.gov/realestate-examination-eligibility.asp) include either having passed the salesperson examination or having a current salesperson license in Missouri. In addition, the broker license applicant needs to fulfill ONE of the following:
- Successfully complete a 48-hour broker education course from an approved school
- Have an active Missouri salesperson license for 12 of the last 18 months
- Be a licensed attorney
- Be granted a one-time sitting for the examination by the Commission
- Qualify for a one-time sitting for the broker real estate examinations by being actively licensed as a broker in another state for 12 of the preceding 18 months
Both salesperson and broker applicants need to apply for their real estate license within six months of completing the school requirements.
Missouri Real Estate License
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The
real estate examinations are handled by Applied Measurement Professionals, Inc. You can schedule your exam times online ' walk-ins are not admitted. The
examination fee is $52 for either a broker or salesperson, regardless of whether an applicant takes both the National and Missouri State tests, or just one or the other.
The
approved real estate schools for both prelicensure and continuing education provide both classroom courses and distance education courses.
The
application fee for all applicants is $50.00. The original license fee is $80.00 for a broker or associate broker, and $40.00 for a salesperson. Nonresident brokers pay a $150.00 license fee, and a nonresident salesperson pays a $100.00 license fee.
The
renewal fee is $50.00 for a broker or associate broker, and $40.00 for a salesperson or inactive salesperson. Delinquent fees for renewing are $50.00 per month for both brokers and salespersons. Renewal of a nonresident salesperson or an inactive salesperson is $100.00.
All real estate broker licenses expire on June 30th of even numbered years, and all salesperson licenses expire on September 30th of even numbered years.
Missouri has
reciprocity agreements with 16 other states. However, the requirements for obtaining a Missouri agent license without taking the real estate exams vary within these states. All applicants for a
nonresident license need to provide a Certification of Licensure from the state they are applying through. This Certification needs to be issued within 3 months of applying for the Missouri license.
All
nonresident applicants need to either complete the Missouri salesperson examination or hold a current Missouri salesperson license in order to obtain a Missouri broker license. If the nonresident applicant is not licensed in another state, he/she must take the approved Missouri prelicense course and complete both parts of the real estate exams. The requirements for having part or all of the real estate exams waived varies depending on how long the applicant has been licensed in the other state.
Once licensed in Missouri, the
non-resident agent needs to successfully complete a specific 12-hour Missouri Real Estate Practice Course through a Missouri approved education provider, prior to the renewal of the license. The nonresident broker real estate application fee is $50.00, the license fee is $150.00, and a Criminal history fee is $5.00, for a total of $205.00. The nonresident salesperson real estate application fee is $50.00, the license fee is $100.00, and the criminal history fee is $5.00, for a total of $155.00.
You can obtain many of the
real estate forms online, and the rest from the Commission office.
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
Missouri 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 real estate education.
We also offer information and resources for Missouri Commercial Mortgage