With the housing market well on the way to complete recovery, many licensees making the move to become a real estate broker in Mississippi. After all, one of the benefits of a forming a career in real estate is the control it allows you in shaping your personal success. The step towards becoming a broker is the beginning of an exciting new chapter in the life of a real estate professional. There is no need to wait for a promotion. A real estate licensee is able to simply make the decision to sign up for broker training and the state exam. Once this decision has been made, it may be only a matter of weeks before you are working as a Mississippi broker. Real estate sales associates in Mississippi who are ready to take the next step in their real estate careers can begin the process of becoming a licensed real estate broker by completing the state’s requirements for licensure.
Mississippi Real Estate License Requirements
- Age: at least 21 years old
- Residency: Mississippi
- Experience: active real estate salesperson experience for 12 months
- Courses: successfully complete 120 hours of real estate courses
- Exam: successfully pass the real estate broker exam
- Letter of Reference: include a letter of reference from your banker
Real Estate Broker Licensure Exam in Mississippi
Real Estate Broker Licensure Exams are conducted once a month in Mississippi. Before you register for the examination you have to be approved by the Mississippi real estate commision. Then you are given 2 months to take the exam.
The exam has 100 multiple choice questions based on national real estate law and Mississippi state specifications.
4 hours are given to you to complete the Mississippi Real Estate Broker Exam.
If you fail the exam you can retake it at any time in Mississippi and you don’t have to pay registration fee one more time.
Arrive 30 minutes before the exam starts and take a calculator with you. You will not be able to open any books during the exam.
You will pay $135 of the registration fee to take the Mississippi Real Estate Broker Exam and $110 to take the salesperson exam.
Real Estate Broker Software
The Right Tools
The most professional real estate workers often require software to efficiently sort through paper work. It has been pointed out that good software such as Brokermint can transform a real estate business for the better. Back office software should be able to create a consistent and manageable flow from lead generation to closing and accounting. It should be able to cross integrate with Contact Management systems (CRM), MLS and Accounting Packages. The main goal of this type of software is to help real estate experts save time managing day-to-day operations, get instant visibility on production data and remain in compliance with regulations.
Software like Brokermint perfectly fits for small companies that recently started their real estate business.
There are other tools that are useful to real estate agents. Having a strong social media presence through sites such as Facebook or LinkedIn can come in very handy in attracting potential customers. Also consider using Zillow and Trulia. These websites help track information on available real estate properties in local areas. Be sure to familiarize yourself with the kinds of tools that real estate brokers need to work in the field. It is a necessity to feel prepared in this business.
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