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Become A Real Estate Agent In Missouri
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.
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 formsonline,
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.
This portion of our website has been created for information purposes
only. It is our belief that all information presented here is accurate
as of today, however each state is constantly striving to protect
the public and provide more quality service to those using the services
of a Real Estate Agent. Change in Real Estate laws and regulations
is inevitable. The information presented here should be considered
a starting point and we encourage everyone to fully research any
information you are seeking.
To further assist you, we have included links to each state's
real estate licensing office, and also to the state's local Association
of Realtors site that provides current information on proposed real
estate license regulations in that area.
If you do find an error or have updated information, please contact
us and we will update our information accordingly.