In Mississippi, you can build a career where your hard work and goals decide how successful you are. At the same time, you can help people find the homes they’ve always wanted. In Mississippi, real estate offers many chances to make money and have the freedom to work how you want. It’s a great choice whether you’re looking for your first job or want to change careers.
To begin your journey in this growing field, the first step is to get a real estate license. It’s a simple process, but it does require hard work and preparation. You’ll need to meet specific requirements and pass the state’s licensing exam. Make a plan to succeed, and you’ll be on your way.
In this blog, I’ll break down everything you need to know about becoming a licensed real estate agent in Mississippi.
Step 1: Understand Mississippi’s Licensing Requirements
First, let’s make sure you meet the basic requirements to get a real estate license in Mississippi.
You must be at least 18 years old and a legal resident of Mississippi when you apply. This ensures that agents understand the local market and can serve their communities well.
If you’re new to the state, take this chance to learn about your future market! These requirements make sure you’re ready to represent buyers and sellers.
Meeting them is the first step to building trust in your real estate career.
Step 2: Learn What You Need to Know with Pre-Licensing Education
Education is your foundation for success, and in Mississippi, you’ll need to complete 60 hours of pre-licensing coursework to get started.
Your pre-licensing education dives deep into the essentials of real estate—legal concepts, contracts, ethics, and practical know-how. Think of it as your crash course in becoming an industry expert.
Mississippi-approved education providers offer flexible options:
- Online Modules: Perfect for self-paced learners.
- In-person classes: Great if you thrive on face-to-face interaction.
- Hybrid models: A mix of both for the best of both worlds.
Choose a format that fits your lifestyle and learning preferences, and make sure the provider is reputable.
You’ll need to pass the course’s final exam with a minimum score of 70%. Start strong by choosing a course provider that offers extra study resources, great reviews, and ongoing support.
Save 30% on your real estate courses today! Take advantage of this limited-time offer for discounted pre-licensing education and kickstart your career.
Step 3: Partner Up with a Sponsoring Broker
Think of a sponsoring broker as your career launchpad. They’ll provide the mentorship, tools, and support you need to thrive in your new role.
Your broker is more than a supervisor—they’re your guide to facing the industry. They’ll help you with everything from contracts to closing deals, giving you the confidence to succeed.
When evaluating brokers, consider:
- Reputation: Work with someone respected in the community.
- Training opportunities: Look for brokers who invest in their agents’ growth.
- Commission structure: Balance financial incentives with your goals.
- New agent support: Find a broker who offers resources like marketing tools or client leads.
The right broker can make all the difference in your early success, so take your time and choose wisely!
Step 4: Submit Your Application to the MREC
Once you’ve completed your coursework and found a sponsoring broker, it’s time to officially apply for your license through the Mississippi Real Estate Commission (MREC).
Here’s what you’ll need:
- A completed application form, downloadable from the MREC website.
- $100 application fee.
- Background check documentation.
- Two photographs (front and profile views).
You can deliver your application in person or mail it to the MREC.
Step 5: Ace the Mississippi Real Estate Exam
With your application approved, the finish line is in sight! The real estate exam is your final hurdle before becoming licensed.
The exam, administered by PSI, consists of two sections:
- National portion: Covers federal laws and industry practices.
- State-specific portion: Focuses on Mississippi’s real estate laws and regulations.
Here are some tips to succeed:
- Use study guides and practice tests to familiarize yourself with the format.
- Manage your time wisely during the exam—don’t get stuck on one question.
- Remember, you can retake the state portion up to two times within two months, and there’s no retake limit for the national portion in that timeframe.
Passing the exam brings you one step closer to launching your career!
Your Real Estate Career Awaits
You have the steps, tips, and motivation. Now, it’s time to act. From meeting eligibility requirements to acing the exam, each step in the licensing process brings you closer to a rewarding career in Mississippi real estate.
So, what are you waiting for? The Mississippi real estate market is ready for you.
Are you ready for it?
FAQ
What are the basic requirements to get a real estate license in Mississippi?
To qualify for a real estate license in Mississippi, you must be at least 18 years old and a legal resident of the state. These requirements are in place to ensure you are prepared to represent buyers and sellers effectively in the local market.
How many hours of pre-licensing education do I need to complete?
Mississippi requires you to complete 60 hours of pre-licensing education before applying for your license. These courses are available in different formats, such as online, in-person, or hybrid options. To pass, you must score at least 70% on the final exam.
What is a sponsoring broker, and why do I need one?
A sponsoring broker is a licensed real estate professional who will mentor you as you begin your career. They offer training, resources, and guidance while overseeing your transactions. Securing a sponsoring broker is a necessary step before submitting your license application.
What documents are required when submitting my application to the MREC?
When submitting your application to the MREC, you need to include a completed application form (available on their website), the $100 application fee, background check documentation, and two photographs showing front and profile views. Applications can be submitted in person or by mail to the MREC office in Jackson.
What should I expect from the Mississippi real estate licensing exam?
The Mississippi licensing exam consists of two sections: the national portion, which focuses on general real estate laws and practices, and the state-specific portion, which covers Mississippi real estate laws. The exam fee is $75, and it takes about four hours to complete. You must score at least 70% on the national portion and 75% on the state portion to pass.
Can I retake the real estate exam if I don’t pass on my first attempt?
Yes, you can retake the exam if needed. For the state-specific portion, you are allowed two retakes within a two-month eligibility period. There is no limit on the number of retakes for the national portion during the same timeframe.