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Free MS RE Salesperson Exam Prep

Mississippi Real Estate Salesperson Licensing Exam

Prepare for the MS RE Salesperson exam without spending hundreds on expensive prep courses. Free study guides, practice questions, flashcards, and related exam resources.

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Your Study Path

Mississippi Real Estate Salesperson License: Complete Roadmap

Follow this path to organize your licensing and exam preparation

1

Master Mississippi License Law & MREC RegulationsYou are here

Editorial study step: review MREC structure, Miss. Code Ann. §73-35-1 et seq., the 60-hour resident-salesperson education route, temporary-license/post-license rules, 16-hour biennial CE requirement, discipline, out-of-state cooperation, and inactive status.

18
hours
2

Study Mississippi Agency Disclosure Requirements

Master the mandatory 'Working With a Real Estate Broker' form (revised May 14, 2024) — when it must be provided (before substantive discussions), what it discloses, and the different agency relationship types available in Mississippi: seller's agent, buyer's agent, dual agent, designated agent, and transaction broker. Understand fiduciary duties and the difference between agency disclosure (form) and agency establishment (contract).

12
hours
3

Learn Mississippi Property Condition Disclosure & Trust Accounts

Editorial study step: review the Property Condition Disclosure Statement under §89-1-501 et seq.; the statutory exclusions (which do not include a blanket new-construction exclusion); Rule 3.4's next-banking-day accepted-contract deposit rule; the July 2026 statute's two-banking-day outside limit after possession; three-year transaction-record retention; and prohibitions on commingling.

15
hours
4

Review National Real Estate Principles

Cover property ownership, estates, and freehold interests; contracts and agency law; financing (Mississippi is a lien theory state — mortgages, not deeds of trust); valuation and appraisal; fair housing laws (7 federal protected classes); transfer of title; environmental issues; land use controls; closing procedures; RESPA/TRID; and real estate math.

22
hours
5

Run Timed Practice Sets

Simulate the 4-hour exam with full 120-question practice sets. Target 70% on the national section (80 questions, 2.5 hrs) and 75% on the state section (40 questions, 1.5 hrs). Note the different passing standards for each section.

15
hours
Estimated total study time
82 hours
That's about 9 weeks at 10 hours/week

Can You Take the MS RE Salesperson Exam?

Check if you meet the basic eligibility requirements

Age
At least 18 years old
Education
60 classroom hours of approved real estate education for the resident salesperson route
Background Check
MREC background investigation required
Fingerprinting
Follow the current MREC application instructions for background-investigation submissions
Additional Requirements
  • 30 hours of post-license education required within the first year of licensure
  • 16 hours of approved CE required for each 2-year renewal; MREC-designated required subjects may comprise no more than 8 of those hours
  • Must affiliate with a licensed Mississippi broker to activate salesperson license
  • Out-of-state licensees may apply for Mississippi license through reciprocity procedures
  • Rule 3.4 requires accepted-contract earnest money to be deposited by close of the next banking day; the July 2026 statute separately defines reasonable time as close of business two banking days after possession
  • MREC 'Working With a Real Estate Broker' form must be provided before any substantive discussions

MS RE Salesperson Quick Facts

Time to Get Licensed

6-10 weeks for most candidates

From start to license in hand

Exam Provider

PSI

Schedule Your Exam

Retake Policy

Retake only the failed portion. Both portions must be passed within the same 2-month eligibility period. The state portion may be attempted only twice in that period; after two state failures, a salesperson candidate waits 3 months and reapplies. A candidate who has passed state may continue retaking general during the same eligibility period. PSI does not permit booking the new appointment on the same day as a failed attempt.

Total Cost Breakdown

Exam Fee$75 for one or both portions; the same $75 applies to a retake
Application FeeCheck MREC's current application and fee schedule
Total Estimated CostVaries with application, background-investigation, and education costs
Why Choose Us

Free MS RE Salesperson Prep Tools

Reported exam pass rate: Not published by MREC or PSI. These figures describe exam candidates, not OpenExamPrep user outcomes. Check the exam sponsor’s website for published statistics.

335+ Practice Questions

Practice by topic with detailed answer explanations

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Independent Study Resources

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What You'll Study

14 chapters covering the exam topics in this guide

MS RE Salesperson-Specific Topics Covered

Mississippi Real Estate Commission (MREC) consists of 5 members appointed by the governor, headquartered at LeFleur's Bluff Tower, Jackson, MSMiss. Code Ann. §73-35-1 et seq. governs the Mississippi Real Estate License Law60 hours of MREC-approved pre-license education required before sitting for the PSI exam30 hours of post-license education required within the first year of active licensure16 hours of approved continuing education required for each 2-year renewal; MREC-required subjects may not exceed 8 hoursPSI administers the exam: 80 national questions (2.5 hrs, 70% to pass = 56/80) + 40 state questions (1.5 hrs, 75% to pass = 30/40)'Working With a Real Estate Broker' form (revised May 14, 2024) must be provided BEFORE substantive discussions about a specific propertyAgency relationship types: seller's agent, buyer's agent, dual agent, designated agent, transaction brokerProperty Condition Disclosure Statement (§89-1-501 et seq.) required for most residential transactionsPCDS has no blanket new-construction exemption; statutory exclusions include specified court, foreclosure, fiduciary, co-owner, family, governmental, and no-dwelling transfersEarnest-money timing: Rule 3.4 says close of the next banking day after acceptance; the July 2026 statute defines reasonable time as close of business two banking days after possessionTrust account records must be maintained for a minimum of 3 yearsCommingling of personal funds with trust funds is grounds for license revocationMREC may audit trust accounts at any time without prior noticeMississippi is a LIEN THEORY state: mortgage creates a lien, borrower retains title (not deed of trust state)Adverse possession period: 10 years (Miss. Code Ann. §15-1-13)Homestead exemption: $75,000 off assessed value of primary residenceMississippi Statute of Frauds: real property contracts must be in writing to be enforceableOut-of-state brokers must comply with Mississippi cooperation licensing requirements to collect commissions in MS transactionsMREC disciplinary sanctions include reprimand, fines, suspension, and revocation

MS RE Salesperson Exam Details

Mississippi Real Estate Salesperson Licensing Exam

Administered by Mississippi Real Estate Commission (MREC) / PSI

Official Source
70% national (56/80), 75% state (30/40)
Passing Score
120
Questions
4
Hours
$75 exam fee
Exam Fee
Study time: Not published by MREC or PSI
Prerequisites: For the resident salesperson route: be at least 18, be a bona fide Mississippi resident before applying, complete 60 classroom hours of approved real estate education, and complete MREC's background investigation

Exam Content Breakdown

Based on the official Mississippi Real Estate Commission (MREC) / PSI content outline

General Portion80 of 120 scored questions

PSI publishes 11 general domains: property ownership 10%, land-use controls 5%, valuation 8%, financing 10%, contracts 19%, agency 13%, property disclosures 7%, property management 3%, transfer of title 6%, practice of real estate 12%, and calculations 7%.

State: Commission Powers & Licensing8 of 40 state questions

Four items on MREC powers and duties plus four items on licensing requirements and license maintenance.

State: Disclosures & Agency12 of 40 state questions

Four items on property-condition disclosures, including that new construction has no blanket exemption, plus eight items on agency disclosure and duties to parties.

State: Brokerage Operations20 of 40 state questions

Four items on out-of-state brokers and developers, four on trust accounts, six on broker responsibilities and supervision, three on records and documents, and three on advertising and marketing.

What's Included

14 Chapters

Complete exam coverage

Practice Quizzes

With detailed explanations

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What's Next After the MS RE Salesperson?

After passing the MS RE Salesperson, you can pursue these career paths

Real Estate Salesperson (National)

Master national real estate concepts

Mississippi Real Estate Broker

A separate broker route and examination; do not use this salesperson exam ID for broker preparation

Coming Soon

NMLS / MLO

Add mortgage loan originator authority

MS RE Salesperson Exam FAQ

Official Mississippi Real Estate Commission (MREC) / PSI Resources

Verify information with these official sources

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