Mississippi Real Estate Exam Info

What is required to get a license?

For salespersons:

  • Complete application form.
  • Complete 60 hours of state approved pre-license education.
  • Background check consent form.
  • Real estate examination successfully completed.
  • Proof of age 18 and above.
  • Within one year of passing your final exam you must complete the 30-hour post-license education requirement.
  • Fees: Examination Fees (Salesperson: $75). License (Salesperson: $110)

For brokers:

  • Complete application form.
  • Complete 120 hours of state approved education (150 hours if you have not held an active salesperson license 12 months prior to submitting your application).
  • Proof of age 18 and above.
  • Real estate examination successfully completed.
  • Background check consent form.
  • Be licensed as a Mississippi salesperson on ACTIVE status for a minimum of twelve (12) months immediately prior to applying for a broker license. If the applicant is not currently licensed as a salesperson, college real estate education is required to qualify for a broker license.
  • Within one year of passing your final exam you must complete the 30 hour post-license education requirement.
  • Bank reference letter.
  • Reference letter from the present responsible broker.
  • Fees: Examination Fees (Broker: $75). License (broker: $135).

What score do I need to pass?

The salesperson exam consists of 80 national questions and 40 state-specific questions. 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.

You will receive your score immediately after you complete your exam.

How much time do I have to complete the exam?

  • For the salesperson exam: you are allowed 2.5 hours for the national portion and 1.5 hours for the state portion, for a total of 4 hours.

  • For the broker exam: you are allowed 2.5 hours for the national portion and 1.5 hours for the state portion, for a total of 4 hours.

What should I bring with me for the exam?

  • 2 Forms of identification with matching names, non-expired and containing a valid signature. (Driver’s license, passport, green card, U.S. social security card, debit or credit card with signature).

What is the format of the exam?

The exam is given on a computer and is multiple choice.

What is on the exam?

The national portion consists of the following sections:

  • Property Ownership
  • Land Use Controls and Regulations
  • Valuation and Market Analysis
  • Financing
  • General Principles of Agency
  • Property Condition and Disclosures
  • Contracts
  • Transfer of Title
  • Practice of Real Estate
  • Real Estate Calculations
  • Subdivisions
  • Commercial, Industrial, and Income Properties

The state-specific portion consists of the following sections:

  • Powers and Duties of the Real Estate Commission
  • Licensing Requirements and License Maintenance
  • Property Condition Disclosures
  • Agency Disclosure and Duties to Parties
  • Out-of-State Brokers and Developers
  • Trust Accounts
  • Broker Responsibilities, Including Supervision of Sales Associates
  • Records and Documents
  • Advertising/Marketing/Internet

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