Few careers allow for the same freedom as that of the real estate agent. In Missouri, the process of obtaining a real estate license is fairly straightforward. Following the steps efficiently will help to grant you all the benefits of a real estate license, including the open schedule and opportunity for advancement. In fact, a real estate career can be quite rewarding in Missouri. These steps will help you achieve your Missouri real estate license as efficiently as possible.
1. Fulfill Introductory Real Estate License Requirements
The first order of business on the way to obtaining a real estate license in Missouri is to be 18 years or older. It is also advisable that you have your high school diploma or its equivalent. This background will help you not only in the coursework but also in your career.
Additionally, you must agree to a state and federal criminal history background check. This means that you must go in for fingerprinting. This process takes about 10 minutes, and you need to bring your photo ID card to the appointment. The presence of a criminal history does not preclude you from becoming a real estate agent automatically. The real estate commission will make a decision based on the type of offense, how long ago it occurred, and whether or not there is a pattern of criminal history in the background check.
In order to prevent backlog at the commission, all real estate license applicants are advised to submit fingerprints around the time they take the real estate examination. You can make an appointment ahead of time, however. You are also required to pay for the background check at the fingerprinting exam, and this fee is not refundable.
2. Complete a Pre-Exam Real Estate Course
The 48-hour pre-exam real estate course will help you learn about the industry. The coursework here is extremely valuable for your future as a real estate agent. In these courses, you will learn about the principles of real estate, including time management, property valuation tactics, processes of buying and selling, and financing concerns. These are all important issues that you will come across as a real estate agent in Missouri.
These courses must be taken at an accredited school. A list of accredited schools for your real estate coursework is available through the Missouri real estate commission’s website. You will be able to take these courses either online or in person. Courses taken online are generally more affordable than courses taken at a brick and mortar school.
An exception is made for licensed attorneys who are able to pass both portions of the real estate examination. If you have an active real estate license in another state, you can pass the pre-exam course and simply the practice course and pass the exam.
3. Pass the Missouri Real Estate Examination
Studying for the Missouri examination is essential. It can be difficult to remember specific facts and figures, but the real goal is to remember the logical conclusions and objectives of the course you have taken. The exam will cover topics ranging from legal aspects of real estate to performing the required math for real estate transactions.
The Missouri real estate examination is administered via computer at one of four testing centers in the state. Testing centers are situated in St. Louis, Kansas City, Jefferson City, and Springfield. AMP is responsible for administering the test five days each week and one weekend each month. You must make an appointment and pay the test administration fee first.
4. Complete a Real Estate Practice Course
The 24-hour practice course, also known as the Missouri Real Estate Practice Course, can actually be taken before the examination, but it can also be taken immediately after the pre-exam course. The coursework taken in this shorter course will teach you to how to put principles into action.
The practice course will teach you how to apply principles to your career. This is where you learn more about the business of real estate as well as how to take steps toward building your career with active measures. You will also learn best practices for pricing and listing in addition to how to address and best counsel your clients. You will also learn how to fill out and use paperwork.
5. Complete a Real Estate License Application
The final step in the process of obtaining your real estate license is to submit an application. You must submit your application within six months of completing your coursework. The application can be found online, and you will submit it to the real estate commission.
It is essential that you communicate clearly on your real estate license application. Any miscommunication or misleading statements could ultimately lead to dismissal of your application or delay. Be as clear as possible in your answers to avoid any chance that the commission will turn down your application.
It is also important that you are honest about your criminal background, especially because the background check may prove that you have lied. Certain convictions that may prevent you from becoming a real estate agent include felonies and crimes that include sexual assault. Financial crimes are also a major consideration of the commission.
6. Fulfill Your Missouri Continuing Education Requirements
As part of working in the real estate field, you will be required to continue your coursework in order to renew your license. Every two years, Missouri real estate agents are required to take 12 hours of continuing education courses in order to remain practicing. Three of these course hours must be approved by the Missouri Real Estate Commission as a core course. The rest of the courses may be elective or core courses.
Continuing education courses will assist you in the process of upping your real estate career game as well. Contact us for more information about real estate courses in Missouri.