Mississippi Online Promotion and License Agreement Between
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FAQ
Meet specific pre-licensing education and examination requirements (non-resident applicants with reciprocity are exempt) Complete the application form. Purchase a $10,000 Mississippi auctioneer bond. Pay the appropriate application, examination, and out-of-state vendor fee (if applicable)
Mississippi License Portability and Reciprocity If you hold an equivalent real estate license from another state, you will not be required to sit for the examination provided a current (license-for-a-license) reciprocal agreement is in effect with the state where you're currently licensed and on active status.
The passing rate for the Mississippi Real Estate Salesperson Exam is 75%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously.
License reciprocity means that, if you already hold an active real estate license in one US state, you can apply for a real estate license in your new state without taking all the state-required pre-licensing real estate courses.
If the state portion of the exam is failed twice, you may re-apply to the Commission after a waiting period of three (3) months has passed.
The full license reciprocity states are: Alabama, Kansas, Virginia, Colorado, Mississippi, Alaska, Washington, Missouri, Georgia, Delaware, Kentucky, and Maine. Any state with full reciprocity allows you to bypass the general real estate courses and narrow your focus to the state-specific laws and requirements.
In such instance herein where a responsible Mississippi broker enters into a cooperative agreement with a responsible nonresident broker pertaining to the sale of real property within the state of Mississippi, the responsible Mississippi broker must file two copies of the cooperating agreement with the Mississippi Real ...
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