Your Guide to Becoming a Licensed Real Estate Agent in Mississippi

Table of Contents:

1. Introduction
2. Requirements for obtaining a real estate license in Mississippi
3. Step 1: Enrolling in a real estate school online
4. Step 2: Selecting a brokerage
5. Step 3: Applying for your Mississippi real estate license
6. Step 4: Taking the real estate licensing exam
7. Step 5: Completing a post-licensing course
8. Step 6: Continuing education requirements
9. Conclusion
10. Resources

Introduction

If you're considering getting your real estate license in Mississippi, you've come to the right place! In this guide, we'll walk you through the step-by-step process of obtaining your real estate license. Whether you're looking to build a successful career in real estate or simply want to help people buy, sell, and invest in properties, getting licensed is the first and crucial step. So, let's dive in and explore what it takes to become a licensed real estate agent in Mississippi.

Requirements for obtaining a real estate license in Mississippi

Before we proceed with the steps, let's quickly go over the requirements you need to meet in order to qualify for a real estate license in Mississippi. To be eligible, you must:

1. Be at least 18 years of age or older at the time of license issuance.
2. Be a resident of Mississippi or in the process of becoming one.
3. Meet all the application requirements set by the state.

Now that you're aware of the prerequisites, let's move on to the step-by-step process of obtaining your real estate license in Mississippi.

Step 1: Enrolling in a real estate school online

To begin your journey towards obtaining a real estate license, you need to enroll in an approved real estate school and complete a 60-hour pre-licensing course. It's essential to ensure that the course provider you choose meets the state's requirements so that the hours you complete count towards your licensing requirement. If you're unsure where to start, we've got you covered! Check out the pinned comment below for a course provider that meets the state's requirements. Plus, as a thank you for watching this video, you'll even get a nice discount on the course.

Step 2: Selecting a brokerage

Once you've successfully completed the pre-licensing course, the next step is to find a Mississippi real estate broker who will sponsor you. Obtaining sponsorship is crucial as it allows you to work as a licensed real estate agent. Finding the right broker that aligns with your goals and aspirations is vital for your success in the industry. If you need guidance on how to find the best possible fit for yourself, check out our video on the channel where we delve into the process of finding a real estate brokerage and provide you with questions to ask during your interviews. Remember, finding the right broker is key to a successful career in real estate.

Step 3: Applying for your Mississippi real estate license

Once you've secured sponsorship from a real estate broker, it's time to apply for your Mississippi real estate license. Make sure you carefully review the application requirements and submit the necessary documentation. Along with your application, you'll need to pay a non-refundable application fee of $120. Double-check that you've met all the requirements and have included every necessary document before submitting your application.

Step 4: Taking the real estate licensing exam

After submitting your application, the next step is to take and pass the real estate licensing exam. The exam consists of two sections: a general portion and a state-specific portion. You'll need to achieve a score of 70% or higher on the general portion and 75% or higher on the state-specific portion to pass the exam. The exam fee is $75, and both sections of the exam are taken in a single sitting. To increase your chances of success, be sure to dedicate ample time to study and review chapter summaries and notes.

Step 5: Completing a post-licensing course

Congratulations on passing your real estate licensing exam! However, your journey doesn't end here. As a new salesperson, you'll need to complete an approved 30-hour post-licensing course. This course must be finished by the end of your first year following your initial licensure date. The post-licensing course builds upon the knowledge gained during the pre-licensing course and provides further insights into real estate practices and ethics. If you're looking for a course provider that meets the requirements, check out the pinned comment below for a recommendation.

Step 6: Continuing education requirements

Now that you have your active real estate license and are affiliated with a brokerage, you can start serving clients. However, to maintain and renew your license beyond the first renewal period, you must fulfill the continuing education (CE) requirements. Mississippi requires 16 hours of CE every two years, consisting of eight mandatory hours and eight elective hours. It's essential to consistently meet these requirements to ensure your license remains valid and prevents any lapse that may hinder your ability to practice real estate. Don't forget to stay on top of your CE to keep your license in good standing.

Conclusion

Obtaining your real estate license in Mississippi opens doors to a rewarding career in the real estate industry. By following these six steps, you'll be well on your way to becoming a licensed real estate agent and helping clients buy, sell, and invest in properties. Remember to meet all the requirements, choose the right real estate school, find a suitable brokerage, pass the licensing exam, complete the post-licensing course, and stay up to date with your continuing education. Are you ready to take the plunge and get your real estate license?

Resources

• Link to approved real estate school for pre-licensing course
• Video on finding the right real estate brokerage