Missouri Real Estate Exam: Everything You Need to Know

In this article, we’ll cover everything you need to know about the Missouri real estate exam. Here’s a list of what you can expect to gain as you read on:  

• How to schedule the Missouri Real Estate Licensing exam 
• The requirements to register for the exam
• The cost of the exam
• Where you can take the exam 
• What is covered on the exam 
• The difficulty level of the exam 
• Best tips to pass the exam

How to Schedule the Missouri Real Estate Licensing Exam

To schedule the real estate exam in Missouri, all aspiring candidates must be at least 18 years of age and meet ONE of the following requirements: 

• Get a Certificate of Satisfactory Completion from a 48-hour pre-licensing salesperson course from an accredited Missouri real estate school on or before the exam.
• Be a licensed attorney, in which case the pre-licensing education requirements are waived.
• Hold a current and active real estate license in another jurisdiction.

If you meet one of the requirements above, you can go ahead to schedule your real estate exam by visiting the PSI website. Select “Begin Scheduling” and follow the step-by-step instructions to choose your examination program and register for it. 

You can also call PSI at 888-818-5829 to schedule an examination appointment. The number is toll-free and available at the following hours: 

1. Monday through Thursday: 7:00 a.m. to 9:00 p.m
2. Friday: 7:00 am to 7:00 pm 
3. Saturday: 8:30 a.m. to 5:00 p.m.

You’ll be required to pay an exam fee of $62 when scheduling your exam. Note that this fee is non-refundable and non-transferable. 

Where Do You Take the Missouri Real Estate License Exam?

Candidates for the Missouri real estate licensing exam are to take their exams at any of the designated PSI test centers located in the state. These locations include: 

• St. Louis, MO
• Kansas City, MO
• Olathe, KS
• Springfield, MO
• Jefferson City, MO 
• West Plains; MO

The exam can also be taken in PSI test centers in regions across the United States. Simply enter your zip code during registration, and the closest site to you will appear.

Can You Take the Exam Online?

No, you cannot take the Missouri real estate licensing exam online. Candidates for this exam will be required to go to PSI testing centers located in Missouri or other regions around the US. The addresses of these locations have been provided above. 

What to Bring on the Day of Your Exam

On your Missouri real estate exam day, you are expected to bring two forms of identification. The primary ID must be government-issued, current, and contain your name, signature, and photograph.

Examples of accepted primary IDs include: 

• Driver’s license with photograph
• State identification card with photograph
• Passport
• Military Identification card with photograph

The secondary form of identification must contain your name and signature. Examples include:

• Credit card with signature
• Social security card with signature
• Employment/student ID card with signature
• Silent non-programmable calculator

You are advised to attend your appointment at least 15 minutes early on the exam day. This additional time is for identification and sign-in and to familiarize yourself with the examination procedure. If you show up later than 15 minutes after your scheduled time, you cannot write the exam. 

What is on the Missouri Real Estate Exam?

The Missouri real estate salesperson licensing examination is made up of two sections, namely: 

• The national portion, comprising questions based on national real estate principles and practice
• The state portion, comprising questions based on Missouri real estate laws, rules and regulations 

National Portion

Here are the topics you will come across in the national portion of the associate broker exam, with the number of questions you can expect per topic: 

• Property Ownership; 8
• Land Use Controls and Regulations; 5
• Valuation and Market Analysis; 7
• Financing; 10
• General Principles of Agency; 13
• Property Disclosures; 6
• Contracts; 17
• Leasing and Property Management; 3
• Transfer of Title; 8
• Practice of Real Estate; 13
• Real Estate Calculations; 10

National Portion

Here are the topics you will come across in the national portion of the salesperson exam and the number of questions you can expect per topic:

• General Rules; 2
• Licensees; 7
• Educational requirements; 2
• Business Conduct and Practices; 17
• Disciplinary Proceedings; 6
• Brokerage Relationships; 6

Will There Be Math on the Exam?

Yes, there will be 10 math questions on the Missouri real estate licensing exam. These math questions will be found in the general portion and will be related to:

• Basic math concepts
• Calculations for transactions
• Calculations for valuation

Keep in mind that solving these math problems could be difficult and time-consuming. It is, therefore, best to save these questions for later while you continue to answer the other questions unless the answers are easy. This allows you to answer more questions and maximize your allocated time. 

Is the Missouri Real Estate Exam Hard?

As can be expected of any professional certification exam, the Missouri real estate exam is challenging and will only get harder for poorly prepared candidates. This is why studying hard and getting all the help you can before taking the exam is important. 

How Many Questions Are on the Missouri Real Estate Exam?

The Missouri real estate salesperson exam has a total of 140 scored questions. 100 of these questions fall under the national portion, while the remaining 40 fall under the state-specific portion. If you take both portions of the exam on the same day, the questions will be intermixed, and you’ll be given 4 hours to complete the exam. If taken on separate days, you’ll have 2 ½ hours for the national and 2 hours for the state portions. 

Note that about 5-10 experimental questions may be added to a candidate's test. These questions will not be scored, nor will the time taken to answer them count against candidate testing time. These questions are used to evaluate the quality of the exam and develop future licensing examinations. 

To pass the exam, you must answer 70 questions correctly on the national portion and 30 questions correctly on the state portion. After completing the exam, you will be instructed to report to the testing supervisor to receive your score report. If you pass the exam, you can go ahead to apply for a salesperson license to the Missouri Real Estate Commission. 

If you fail the national portion, your score report will include diagnostic scoring information. However, this diagnostic scoring information will not be included if you fail the state portion.

What is the Passing Rate for the Real Estate Exam in Missouri?

The passing rate of the real estate exam in Missouri is above 60% for first-time takers. This implies that if 1,000 people take the exam, 600 people are expected to pass. 

It is crucial to keep in mind that passing rates fluctuate annually and may be influenced by factors like exam difficulty, exam content, and candidate preparation. You must, therefore, thoroughly prepare for the exam to give yourself a good chance of passing.

How Many Times Can You Take the Real Estate Exam?

You can take the Missouri real estate exam as many times as you need to pass it. If you pass one or two of the portions, you are allowed to retake only the failed portion(s) within six months of the first attempt. If the failed portion is not passed within six months of the first attempt, you will be required to retake both portions of the exam. 

Note that you’ll be required to pay an exam fee of $62 at every attempt to take any portion of the exam.

How to Pass the Missouri Real Estate Exam

To pass the Missouri real estate exam on the first trial, candidates must study hard for the exam, drilling themselves on all the topics in both sections of the exam from which questions will be set. While you can obtain most of the knowledge you need during the 90-hour pre-licensing education, there are certain effective study tools that you can adopt in your preparation to increase your chances of passing. They include: 

Create a Study Schedule 

When preparing for an exam like the Missouri real estate exam, creating a study schedule may be just what you need to balance your study sessions with your other daily commitments. A well-planned study schedule will improve your daily time management by ensuring that every minute of your time is accounted for.  

Ensure you input frequent breaks into your study schedule to prevent burnout. It's also best to set your study time to periods of the day when you are less busy or distracted, such as early in the morning and late at night. We recommend studying for a little bit every night or at least every other night.

Use Acronyms and Mnemonic Devices

Acronyms and mnemonic devices are memory aids that break down complex information into smaller and simpler chunks that are easier for the brain to process and remember. Acronyms are formed by taking the first letters of each word in a phrase and forming a word with it. An excellent example of a real estate acronym is CCIM, which stands for Certified Commercial Investment Member. 

Similarly, mnemonic devices are formed by associating a piece of information with something that can be easily related to it. A good mnemonic device detailing the four essential characteristics a property must possess to have value would be “Don’t Utter Silly Things.”

• Don’t for Demand
• Utter for Utility
• Silly for Scarcity
• Things for Transferability

Join a Study Group 

Joining a study group can significantly increase your chances of success in the exam by improving your learning process. It provides you with like-minded people to be accountable to, helping you to be more intentional. Studying in a group can also boost your motivation to study and pass, born out of healthy competition.

Get Guided Help

When you are preparing for the real estate exam, you have to go through excessive notes, textbook pages, finding terminology you think could show up on the exam, and so on. It can get messy and overwhelming.

That’s why we put together an online real estate exam prep package to help you prepare for the Missouri exam. It makes studying and preparation easy and quick, and students who use our exam prep package have a 90% passing rate.

The prep package comes with:

• 1,500 Missouri real estate exam practice questions
• Customizable practice state exams
• Vocabulary flashcards
• Video explanations
• E-book study guide

If you want to make studying easy, then click the button below to get your Missouri exam prep package.

Final Thoughts on the Real Estate Exam in Missouri 

The Missouri real estate exam is compulsory for all individuals who want to be licensed real estate salespersons in the state. Passing this exam requires careful preparation and a solid understanding of real estate concepts and practices. To increase your chances of succeeding on this exam, follow the tips provided above, as well as enroll in a reputable real estate school.

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