Key Takeaways
- Mississippi requires 60 hours of pre-license education from an MREC-approved school
- The exam is administered by PSI with 120 total questions (80 national, 40 state)
- Passing score is 70% on national portion and 75% on state portion
- License renewal is biennial with 16 hours of CE required including 8 mandatory hours
- Post-license requirement: 30 hours within the first renewal period
Mississippi Real Estate Exam Overview
Welcome to OpenExamPrep's FREE Mississippi Real Estate exam prep guide. This comprehensive resource covers Mississippi-specific regulations, licensing requirements, and state real estate laws you need to know to pass your exam.
About the Mississippi Real Estate Exam
The Mississippi real estate salesperson examination is administered by PSI on behalf of the Mississippi Real Estate Commission (MREC). The exam tests your knowledge of:
- National real estate principles and practices
- Mississippi real estate license law
- MREC rules and regulations
- Agency relationships in Mississippi
- Mississippi contract law and property disclosures
- Trust account requirements
Exam Structure
| Exam Component | National Portion | State Portion |
|---|---|---|
| Testing Provider | PSI | PSI |
| Number of Questions | 80 scored | 40 scored |
| Time Limit | 2.5 hours (150 min) | 1.5 hours (90 min) |
| Passing Score | 70% (56 correct) | 75% (30 correct) |
| Question Format | Multiple choice | Multiple choice |
| Exam Fee | $75 total for both portions | Included |
Important: There may be 5-10 experimental (pretest) questions on the exam that are not scored and do not count against your time. You will not know which questions are experimental.
Mississippi Real Estate Commission (MREC)
The Mississippi Real Estate Commission is the regulatory body overseeing all real estate licensees in Mississippi. MREC is responsible for:
- Licensing real estate salespersons and brokers
- Approving pre-license and continuing education providers
- Investigating complaints and disciplinary matters
- Administering the Real Estate Education, Research and Recovery Fund
- Enforcing the Mississippi Real Estate License Law
MREC Contact Information
| Resource | Details |
|---|---|
| Website | mrec.ms.gov |
| Address | 2506 Lakeland Drive, Suite 300, Jackson, MS 39232 |
| Phone | (601) 321-6970 |
| mrec@mrec.ms.gov |
Pre-Licensing Education Requirements
| Requirement | Details |
|---|---|
| Total Hours | 60 hours |
| Course 1 | Real Estate Principles and Practices (30 hours) |
| Course 2 | Real Estate Law (30 hours) |
| Approval | Must be from MREC-approved school |
| Validity | Certificate valid for 2 months after MREC approval |
Course Options
Mississippi allows pre-license education through:
- In-person classroom instruction
- Online self-paced courses
- Hybrid (combination) formats
All providers must be approved by MREC. Upon completion, you'll receive a certificate to submit with your license application.
License Application Process
Step-by-Step Process
-
Complete Pre-License Education
- Finish 60 hours from MREC-approved school
- Obtain course completion certificate
-
Submit License Application
- Apply through MREC online portal
- Pay application fee ($120 for salesperson)
- Include education certificate
-
Complete Background Check
- Submit fingerprints through approved vendor
- Pay fingerprint processing fee ($50)
- MREC reviews background check results
-
Receive Exam Eligibility
- MREC issues approval letter within 2-4 weeks
- Important: You have only 2 months to schedule and pass your exam
-
Schedule Your Exam
- Register with PSI online or by phone
- Pay exam fee ($75)
- Select testing center location
-
Take and Pass the Exam
- Arrive 30 minutes early
- Bring two forms of ID (one government-issued photo ID)
- Pass both portions (70% national, 75% state)
-
Affiliate with a Broker
- Find a sponsoring broker
- Broker activates your license
- Pay license fee ($75)
License Fees Summary
| Fee Type | Amount |
|---|---|
| Application Fee | $120 |
| Exam Fee | $75 |
| License Fee | $75 |
| Fingerprint Fee | $50 |
| Total Initial Cost | Approximately $320 |
Post-License Requirements
Mississippi requires new licensees to complete 30 hours of post-license education before their first renewal. This education must be:
- Completed after initial licensure but before first renewal
- From an MREC-approved provider
- Covering topics designated by MREC
Warning: Failure to complete post-license education will result in license inactivation.
Continuing Education (CE) Requirements
| Requirement | Details |
|---|---|
| CE Hours | 16 hours per renewal period |
| Renewal Period | Biennial (every 2 years) |
| Mandatory Hours | 8 hours (License Law 2 hrs, Contract Law 2 hrs, Agency Law 4 hrs) |
| Elective Hours | 8 hours from approved courses |
What This Guide Covers
This FREE study guide focuses on Mississippi state-specific content:
Chapter 1: MREC & Licensing
- Mississippi Real Estate Commission structure
- License requirements and application process
- License maintenance and renewal
Chapter 2: Mississippi Agency Law
- Agency relationships in Mississippi
- Disclosure requirements
- Duties to clients and customers
Chapter 3: Mississippi Contracts & Disclosures
- Purchase agreements
- Property Condition Disclosure Act
- Lead-based paint disclosures
Chapter 4: Mississippi Trust Accounts & Regulations
- Trust account requirements
- MREC regulations and enforcement
- Disciplinary procedures
Note: This guide covers ONLY Mississippi state law. Complete the national real estate portion first for foundational knowledge.
Exam Day Tips
What to Bring
- Two forms of ID (primary must be government-issued photo ID)
- Your PSI confirmation number
- Arrive 30 minutes early
What NOT to Bring
- Cell phones (must be turned off and stored)
- Notes, books, or study materials
- Food or drinks (except water in clear container)
During the Exam
- Read each question carefully
- Manage your time (check time remaining periodically)
- Flag difficult questions to return to later
- Trust your preparation
Next Steps
Ready to begin? Here's your action plan:
- Complete this FREE study guide - Read all chapters
- Take chapter quizzes - Test your knowledge
- Review MREC regulations - Study state-specific content
- Practice with full exams - Aim for consistent 80%+ scores
- Apply for license - Through MREC when ready
- Schedule exam - With PSI
- Pass exam - With confidence!
Let's get started with Chapter 1: Mississippi Real Estate Commission & Licensing!
How many hours of pre-license education does Mississippi require for a salesperson license?
What is the passing score required for the Mississippi state portion of the real estate exam?
Which testing company administers the Mississippi real estate licensing exam?
How many hours of post-license education must new Mississippi licensees complete before their first renewal?
After receiving your exam eligibility letter from MREC, how long do you have to schedule and pass your licensing exam?