Frequently Asked Missouri Salesperson Licensing Questions
The 6 Steps to Obtain a Missouri Real Estate License.
- This course is completed prior to taking the Missouri Real Estate Licensing Exam at the PSI testing center, choose from In-Classroom, Live Instructor-Led VIRTUAL, or ONLINE-Website Independent Study options.
- Called the 48-Hour course because the state requires a minimum course investment time of 48 hours, our successful students typically invest an additional 20+ plus hours on study and review.
- The sole purpose of the Pre-Exam course is to prepare the student to pass the licensing exam.
- Receive a certificate of completion after passing the 48-Hour Pre-Exam end of course test.
- Your 48-Hour Pre-Exam certificate of completion will have a six-month expiration date, by which you must complete all of the steps to obtain a license and have your license application in the hands of the state.
- We recommend taking the PSI licensing exam as soon after passing the 48-Hour Pre-Exam course as possible for the statistically best chance of success.
- You will need to pass both the National and State portions of the exam.
- Download the PSI Candidate Handbook for more information about the licensing exam.
- This course is completed as an online-website independent-study self-paced course
- Must be completed AFTER passing the 48-Hour Pre-Exam course and we recommend that you wait to complete the course after passing the licensing exam.
- Receive a certificate of completion after passing the 24-Hour MREP end of course test.
- As a condition of licensure, all new real estate license applicants are required to have both a Missouri State Highway Patrol (MSHP) and a Federal Bureau of Investigation (FBI) background check, as well as a digital fingerprinting background check.
- There are certain criminal convictions that result in an automatic denial of a real estate license. For more Information contact the Missouri Real Estate Commission (MREC) at (573) 751-2628 or go HERE.
- For more information on background checks, see further down this webpage under “Commonly Asked Licensing Questions”.
- As a licensed real estate salesperson, you are required to affiliate with (work with) a broker.
- Finding a broker to affiliate with is easy, as most residential real estate companies are looking for new agents, including our own Coldwell Banker Realty Gundaker.
- See further down this webpage under “Commonly Asked Liscensing Questions.”
- The broker that you have chosen to affiliate with will sign your license application and send it to the Missouri Real Estate Commission (MREC).
- Your license application must be submitted and received by the MREC prior to the six-month expiration date of your 48-Hour Pre-Exam certificate of completion. Applications received after the expiration date will be denied by the MREC. Your expiration date is printed on the bottom of your 48-Hour Pre-Exam certificate.
- Once your application is processed and accepted, the MREC will send your license to be held by your selected broker.
Course Type Options
In-person/Virtual Hybrid/Online Classes
The Pre-Exam IN-CLASSROOM courses meet in person in a traditional classroom setting with an instructor and run eight 6-hour sessions. The state requires a minimum of 48-hours to be spent in the classroom, although successful students will typically spend an additional 20+ hours of study time outside of class. 100% class time attendance is required for credit – No exceptions. Students must pass an in-class final to pass the course. Students that do not pass the in-class final will be given additional independent study at home and then be required to pass an end of course test to receive a certificate of completion. Uncompleted courses expire after six months.
The Pre-Exam VIRTUAL HYBRID courses are instructor-led and presented live via the Zoom virtual meeting app. The course is called “hybrid” because it is part virtual with an instructor (32 of the 48 hours) and part independent study at home. Successful students will typically spend 32+ hours of study time in addition to the minimum required 48-hour total. The live virtual sessions meet for eight 4-hour sessions using the Zoom virtual meeting app. Attendance is mandatory for the first session. No make-up is available for missed sessions and virtual sessions are not allowed to be recorded. Students that miss even one session statistically have a much lower chance of passing – So plan to attend all sessions. Morning or evening virtual sessions are available. The morning sessions (over two weeks) tend to be more accelerated than the evening sessions (over four weeks) due to less time between class sessions to complete at home assignments. Passing an end of course test is required to receive a certificate of completion. Students are allowed two attempts to pass the end of course test. Uncompleted courses expire after 6 months.
The Pre-Exam ONLINE-WEBSITE independent study course is completed 100% online at the student’s own pace and schedule. Online students should plan to be disciplined in scheduling and completing their course study time, and for statistically best results we recommend completing the course in 30 days or less. Our instructors are available by phone to answer questions. Passing an end of course test is required to receive a certificate of completion. The 72-Hour Online-Website course package contains both the 48-Hour Pre-Exam and 24-Hour MREP courses plus a bonus free Exam Prep Edge study app program. Online-Website courses expire after six months. A one-month extension will be granted at no charge. Further extensions or reactivations may be available for purchase. Watch a video about our Online-Website pre-licensing course HERE.
The 24-Hour MREP course is the second course required to obtain a real estate salesperson license and purchased in a package along with the 48-Hour Pre-Exam course. The MREP course is a fairly simple course that does not require instructor guidance to easily pass the end of course test. The MREP course is completed as an ONLINE-WEBSITE independent-study self-paced course. It MUST be completed AFTER the 48-Hour Pre-Exam course and we recommend completing the MREP course after passing the PSI licensing exam, as it will not enhance your ability to pass. Uncompleted MREP courses expire 6 months after purchase.
Cost of Missouri Salesperson's Licensing CBG Value Package
Our In-Classroom, Live Instructor-Led Virtual, and Independent-Study Online-Website “CBG Value Packages” include both courses you need to complete for your Missouri real estate salesperson’s license at a single discounted price.
What is the Total Cost to Get a Real Estate License?
Many people ask what the costs are to obtain a real estate license – You should expect the following fees:
Please Note: These fees may change without notice. Contact the MREC for the most current and up to date information. Once you obtain your license additional fees, insurance and real estate board membership dues may be required. We recommend that you speak to the broker with which you are planning to affiliate (work with) to discuss fees you may incur after you obtain a license.
Commonly Asked Licensing Questions
As a condition of licensure, all new real estate license applicants are required to have a Missouri and federal background check done by the Missouri State Highway Patrol (MSHP) and Federal Bureau of Investigations (FBI) and have fingerprinting completed by the current state vendor IDEMIA (Identigo). Any previously conducted background checks cannot be used – You must complete a new background check for your license application. For more information about the background/fingerprinting check requirement see the Missouri Real Estate Commission’s FAQs HERE or the MREC’s Information About Criminal Convictions HERE. Our school is not able to determine if any background issues will be accepted by the MREC. If you have questions regarding the background check and fingerprinting requirement, we recommend that you contact the Missouri Real Estate Commission at (573) 751-2628.
As a Missouri real estate salesperson, you are required to work under the supervision of a broker. This is called “affiliating” with a broker and this broker will hold your real estate license. Finding a broker to work with is very different than finding a traditional job… Instead of applying with a broker and waiting to hear whether they would like to work with you, it is just the opposite – Most residential real estate brokers are currently looking for new agents, including our own Coldwell Banker Realty Gundaker. YOU get to choose which broker you would like to affiliate with and think would be the best match for your personality, style, and training/support needs. Although we can tell you everything you need to know about getting a license, a broker can tell you everything you need to know about being an agent and many brokers are happy to meet with you to discuss your options even before you have completed the licensing process. If you would like to consider joining Coldwell Banker Realty you can find more information HERE*
FREE BROKER INTERVIEW TOOLS: Deciding on a broker to affiliate with (work with) can be overwhelming – Different companies offer different commission splits, agent support, marketing support, training/workshops, IT support, etc. Knowing what questions to ask in an interview can be crucial to making the best decision. To help, we have developed interview tools including a list of 20-questions to ask and a list of important things to consider. To download these tools, click on the links below.
“20-Questions to Ask a Broker/Manager”* — Download HERE
“Other Things to Consider When Choosing a Broker”* — Download HERE
*These materials are not intended to recruit, induce, encourage, or solicit licensees for membership or affiliation with any organization, nor are they meant to advertise the merits of any organization. We encourage licensees and licensee candidates to carefully interview and compare brokers before making their own decision on an organization with which to affiliate.
No. Students that attend our school are not required to affiliate with (work with) Coldwell Banker Realty Gundaker, nor does the CBG School of Real Estate attempt to recruit our students. We recommend that our students make their own decision with whom to affiliate. Many of Coldwell Banker Realty Gundaker’s competitor brokers send their recruits to our school because they trust our program and know their recruits will be in good hands. However, if you would like to consider joining Coldwell Banker Realty Gundaker you can find more information HERE*
*These materials are not intended to recruit, induce, encourage, or solicit licensees for membership or affiliation with any organization, nor are they meant to advertise the merits of any organization. We encourage licensees and licensee candidates to carefully interview and compare brokers before making their own decision on an organization with which to affiliate
If you currently hold a real estate license in another state and would like to obtain a license in Missouri, we recommend that you first contact the Missouri Real Estate Commission (MREC) at (573) 751-2628 for details on the state reciprocity and licensing requirements for your situation. To obtain a Missouri license, you will likely need to pass the STATE portion of the PSI licensing exam, complete the 24-Hour Missouri Real Estate Practice (MREP) course, and complete a background/fingerprinting check for a Missouri and federal criminal history. You will also need a written license certification (no more than three months old) from the real estate commission of the state you already have a license.
24-Hour Missouri Real Estate (MREP) Course:
The 24-Hour MREP course is offered as either an at-home reading course using a printed book and online end of course test, or as an online-website course that is completed 100% online. The MREP course is a fairly simple course that does not require instructor guidance to easily pass the end of course test. This course will not enhance your ability to pass the state licensing exam – We recommend purchasing the Missouri State Pre-Exam STUDY PACKET to prepare for the state portion of the licensing exam. Uncompleted MREP courses expire 6 months after purchase.
Missouri State Pre-Exam STUDY PACKET:
Our school offers an exclusive Missouri State Pre-Exam Study Packet designed for students who already have a real estate salesperson’s license in another state and need to pass the STATE only portion of the Missouri licensing exam. This optional packet is for study purposes only and is NOT for credit towards obtaining a license. Included are printed study notes, sample questions, math tutorial videos, a sample test, and audio reviewing the sample test.
24-Hour MREP course (At-Home Reading course or Online-Website course) $199.
Missouri State Pre-Exam Study Packet (Does not include the MREP course) $49.
Registered students will be contacted by email if classes are postponed or cancelled due to the weather. Generally, if the Parkway School District is closed due to weather, we are closed as well. However, there may be exceptions. Check your email for details.
No refunds will be given less than 72-hours prior to the first session for In-Classroom or Virtual courses. No refunds once course materials have been delivered/accessed. No refunds will be given for students that do not show for the first course session. For Online-Website registrations, review the refund policy posted HERE.
Tuition payments are due in full at the time of registration. We are unable to break the tuition into multiple payments and do not offer financial aid. We only accept Visa or Mastercard credit/debit cards for payment – If you would like to pay by cash or check, we recommend purchasing a Visa gift card from a local retailer for the tuition amount and use the Visa gift card for registration. Class registrations are not taken in person or over the phone.
Requests to transfer to a future course made prior to start of the originally registered course require approval from the school administrator and may incur a $50 transfer fee. Independent study or Online-Website students may transfer to an In-Classroom or Virtual course option for no extra charge, if the transfer occurs within 30-days of original independent study or Online-Website course purchase.
Please take weather, traffic and technology issues into consideration and arrive/logon 15 minutes prior to the start of In-Classroom or Virtual course sessions. Late-arrivals may be assessed a $50 fee to be transferred to a future course. No refunds will be given for students that do not show for the first course session. Virtual students may be placed in a virtual waiting room before the instructor starts the session – Do not panic; We will let you in before the session starts.
The CBG School is not responsible for a student’s slow internet connection, internet outage, or device failure and make-up sessions are not available. For instructor or school internet outages during Virtual courses, an optional make-up session will be provided.
Incomplete 48-Hour Pre-Exam courses expire 6-months from purchase date or first session date, whichever is later. Incomplete 24-Hour MREP courses expire 6-months after completion of the 48-Hour Pre-Exam course, or 6-months after purchase if purchased individually or your 48-Hour Pre-Exam course has expired.. For Online-Website courses, see the expiration policy posted HERE. A repeat student discount may be available for up to a year past the original first-time course purchase – For information contact the school administrator HERE.
Class certificates must be issued with your legal first and last name as it appears on your legal ID and will appear on your real estate license. If you have registered for a course using a nickname or any name other than your legal name, please contact us HERE so that we can update your registration.
In-Classroom courses, unless otherwise noted, will take place at the Coldwell Banker Gundaker School of Real Estate, 2458 Old Dorsett Rd, Suite 120, Maryland Heights, MO 63043. Be sure to check your course confirmation to verify the classroom location.
Because we are often conducing classes, and sometimes work from home, visitors are seen by appointment only. Call us at (314) 298-5081 or email us HERE to make an appointment. Class registrations are not taken in person – Please go HERE to register for classes.
It is possible to begin your real estate business as a part time agent, and this is an excellent topic to discuss with your Managing Broker. Your Managing Broker can be a wonderful source of guidance and direction in setting goals to work toward building a thriving real estate career.