How to Become a Real Estate Agent in Mississippi (2024)

How to Become a Real Estate Agent in Mississippi (1)

Mississippi Real Estate License Requirements

Quick Overview:

To become a real estate agent in Mississippi, you’ll need to be at least 18 years of age and a resident of Mississippi.

Follow these steps:

  1. Complete the Required
    60 Hours of Pre-Licensing Education
  2. Pass the Final Exam for Your Course
  3. Select a Sponsoring Broker
  4. Apply for a Mississippi Salesperson License
  5. Pass the Mississippi Salesperson Real Estate Licensing Exam

BUY YOUR MISSISSIPPI PRE-LICENSING

How to Get a Real Estate License in Mississippi

The Mississippi Real Estate Commission requires all prospective agents to complete the following steps to become a licensed real estate agent. Read below to learn more about the licensing process.

1. Complete the Required 60 Hours of Pre-Licensing Education

Prospective real estate agents must complete a
60-hour Pre-Licensing course from an education provider that’s been approved by the Mississippi Real Estate Commission. There are several different Mississippi real estate colleges, many offer online classes as well as learning in-person coursework. Some Mississippi real estate schools have an option for a Free Trial that can help determine if Kentucky real estate courses are right for you.

2. Pass the Final Exam for Your Course

Once you’ve completed the Pre-Licensing course, you must pass the course final exam. You must receive a score of at least 70% to pass, but the exam can be taken as many times as necessary.

3. Select a Sponsoring Broker

To get your real estate license in Mississippi, you must be sponsored by an active Mississippi real estate Broker.

Choosing the right Broker to work with is a key factor to becoming a successful Mississippi real estate agent, so it’s important to find a good fit.

When searching for a sponsoring Broker, here are some questions to consider:

  • Do they have a good reputation, locally and nationally?
  • Are they looking for a specific type of real estate agent?
  • What kind of education and training do they offer?
  • What does their fee and commission structure look like?
  • What kind of benefits do they offer?

4. Apply for a Mississippi Salesperson License

Next, you’ll need to apply for your Salesperson license in Mississippi. You must
fill out the application form, have it notarized, and return it to the Mississippi Real Estate Commission. Don’t forget to include the application fee and all required documentation.

Once your application has been approved, you will receive a letter of approval/eligibility from the Mississippi Real Estate Commission.

5. Pass the Mississippi Salesperson Real Estate Licensing Exam

The final step is to pass the state licensing exam, which is administered by PSI. For more information about registering for the exam, read
PSI’s Candidate Information Bulletin.

You will have four hours to complete the exam, which consists of a national portion and a state portion. To pass, you’ll need to receive a score of at least 70% on the national portion and 75% on the state portion.

Do you need help passing your Mississippi real estate licensing exam? We also offer a comprehensive
Exam Prep course to help you feel confident on the day of your licensing exam.

Quick Facts:

Common Questions About Getting Your Mississippi Real Estate License

1. How much does it cost to get your real estate license in Mississippi?

The cost of getting a real estate license in Mississippi can vary considerably, but you can typically expect to pay between $394 and $644.

Average Course Tuition$199-$449
Application Fee$120
Exam Fee$75
Total$394-$644

2. How long does it take to get a real estate license in Mississippi?

The amount of time that it will take to get a real estate license in Mississippi can vary considerably, but one of the major factors is how long it takes you to complete your 60 hours of required Pre-Licensing education.

Student Learning PaceTime Period
Full-Time Student (40 hours a week)1½ weeks
20 Hours a Week3 weeks
10 Hours a Week6 weeks
5 Hours a Week12 weeks

3. If I get a real estate license in Mississippi, where else can I work?

If you get a real estate license in Mississippi, you are automatically eligible to work in states that offer full reciprocity. States that offer full reciprocity will recognize your Mississippi license, meaning you can work in their state after fulfilling significantly less requirements. Typically, this means passing the state-specific real estate exam or taking a state-specific course. States with full reciprocity include:

  • Alabama
  • Colorado
  • Delaware
  • Georgia
  • Florida
  • Kansas
  • Kentucky
  • Maine
  • Missouri
  • Virginia
  • Washington

The above list is not comprehensive. Please refer to
this guide for more information on reciprocity. You can also see the application for a Mississippi Salesperson Reciprocal License.

4. How much money can I make as a Mississippi real estate agent?

According to Indeed.com, the average salary for a Mississippi real estate agent is $94,927.

Mississippi Real Estate Post Licensing Requirements

Mississippi requires that real estate Salespersons take a
30-hour Post-Licensing
course in their first year of licensure.

Mississippi Real Estate Continuing Education Requirements

Mississippi requires that real estate Salespersons take
16 hours of Continuing Education
every two years to renew their license, including:

  • 2 hours in License Law
  • 2 hours in Contract Law
  • 4 hours in Agency Law
How to Become a Real Estate Agent in Mississippi (2024)

FAQs

How to Become a Real Estate Agent in Mississippi? ›

The process to get your real estate license in Mississippi can take anywhere between three weeks to six months, depending on the pace of completing your pre-licensing coursework, application process and other requirements.

How long does it take to become a real estate agent in Mississippi? ›

The process to get your real estate license in Mississippi can take anywhere between three weeks to six months, depending on the pace of completing your pre-licensing coursework, application process and other requirements.

How many questions are on the Mississippi real estate exam? ›

The Mississippi real estate licensing exam consists of 120 multiple-choice questions to be completed in four hours.

What is the pass rate for the Mississippi real estate exam? ›

Download Table Data
StateReal Estate Exam Req. Hours CourseworkRE Exam Passing Score (%)
Hawaii6070%
Kansas6070%
Maryland6070%
Mississippi6072%
40 more rows

Is the Mississippi real estate exam hard? ›

The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. To pass the exam in Mississippi, the score to pass is 56 on the national and 30 on the state. With a total of 120 questions (80 national and 40 state).

How much does it cost to become a realtor in Mississippi? ›

1. How much does it cost to get your real estate license in Mississippi?
Average Course Tuition$199-$449
Application Fee$120
Exam Fee$75
Total$394-$644

How much money does a realtor make in Mississippi? ›

The average salary for a real estate agent in Mississippi is around $46,380 per year.

How to pass the Mississippi real estate exam? ›

To pass, you must correctly answer at least 56 of the national questions and 30 of the state specific questions. The broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must correctly answer at least 60 of the national questions and 32 of the state specific questions.

Can you take the Mississippi real estate exam online? ›

The Mississippi real estate exam must be taken at an approved testing facility.

What is the hardest state real estate exam? ›

While in Real Estate school we were told the two most difficult state exams are Texas and Colorado.

How long do you have to take real estate exam after course in Mississippi? ›

Take the final Mississippi Real Estate Exam

You may sit for the state portion of the examination only twice during the two months immediately following the approval of your application and may sit an unlimited amount of times for the national portion of the examination during the same two-month period.

Can I transfer my real estate license to Mississippi? ›

Mississippi State Reciprocity:

Any real estate licensee of another state who desires to obtain a license in Mississippi is exempt from the examination as long as the Commission feels the exam is equivalent to Mississippi's and that state extends this same privilege or exemption to Mississippi real estate licensees.

What score do you need to pass MA real estate exam? ›

Pass the real estate test.

Briefly, the MA real estate license test is 120 questions, and you need to score at least a 70% to pass the test.

What is the hardest license to get? ›

The United States Medical Licensing Examination (USMLE) takes the top spot as the most challenging exam in the US, with an average preparation time ranging from 200 to 400 hours for each of its three steps.

What state is the hardest to be a realtor? ›

Some states present more hurdles than others due to high living standards, low average salaries, strict licensing barriers, or depressed home values. The worst states to be a real estate agent include Hawaii, California, New York, New Jersey, and Florida.

How to become a real estate agent in MS? ›

How do I become a REALTOR®?
  1. Must be 18 years old.
  2. Must be a resident of Mississippi prior to completing the application.
  3. Must complete a minimum of 60 hours of MREC approved real estate courses.
  4. Must pass the state licensing exam.
  5. Must work under the supervision of a Mississippi real estate broker.

How fast can you make money as a real estate agent? ›

As a new real estate agent, you can make money in three to six months. Tait Militana, a writer at Realtyna, says you should be making consistent money after your first year and it takes around 18 months to be able to live from real estate alone.

How long do you have to take the real estate exam after a course in Mississippi? ›

Take the final Mississippi Real Estate Exam

You may sit for the state portion of the examination only twice during the two months immediately following the approval of your application and may sit an unlimited amount of times for the national portion of the examination during the same two-month period.

How do I pass the Mississippi real estate exam? ›

In order to pass the Mississippi real estate exam, you'll need to score least 70% on the National portion and 75% on the State portion. Passing the exam is much less stressful for anyone who has completed an Exam Prep course.

How long does it take to settle an estate in Mississippi? ›

In the best of circ*mstances, the Mississippi probate process usually takes 4 to 6 months. This would only be possible if the estate was fairly simple, all interested parties are agreeable, and documents are signed and returned to the probate attorney in a timely manner. More complicated estates will take longer.

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