How To Become A Licensed Real Estate Broker In Missouri
With the housing market well on the way to complete recovery, many licensees making the move to become a real estate broker in Missouri. 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 Missouri broker. Real estate sales associates in Missouri 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.
Missouri Real Estate License Requirements
- Exam: successfully pass the salesperson exam
- Courses: successfully complete a 48-hour broker education course
- License: have an active Missouri salesperson license for 24 of the last 30 months or
- Experience: actively licensed as a broker in another state for 24 of the preceding 30 months
Real Estate Broker Licensure Exam in Missouri
There are 2 parts of the Missouri Real Estate Salesperson Exam: national and state specific. National part has more questions and is more complex than state specific part. There will be such number of questions in each part of the exam.
National part: 100 questions (answer 75 questions correctly to pass this part)
State specific part: 40 questions (answer 30 question correctly to pass this part)
Time limit: 4 hours for the national and state specific parts or 2.5 hours for national part and 2 hours for state specific part
Check goamp.com to see whether you meet all the requirements for the Real Estate Broker Exam in Missouri. There you also can schedule your exam date.
You will take the exam on a computer and you will be able to see your results when you finish it. Don’t bring any books to the testing room. Arrive 30 minutes before the exam starts. Don’t forget to take with you 2 forms of ID and a calculator for the math part.
You will need to pay $52 of registration fee to take the Missouri Real Estate Salesperson Exam. The retake fee is $52 as well.
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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