How to become a realtor in Missouri, MO
Learn how to become a licensed realtor in Missouri with our comprehensive guide. Get step-by-step instructions and helpful tips to kickstart your career in real estate. Start your journey today!?
To become a realtor in Missouri, you must first complete 72 hours of pre-licensing education from an approved provider. After completing the education, you must pass the Missouri Real Estate Salesperson Examination and submit an application for licensure to the Missouri Real Estate Commission.
You must also complete a background check and provide proof of errors and omissions insurance. Once licensed, you must complete 12 hours of continuing education every two years to maintain your license.
Build your free Personality Resume
Key skills and competencies
To become a realtor in Missouri, MO, the following competencies are required:
1. Education: Completion of 72 hours of pre-licensing education from an approved real estate school.
2. Exam: Pass the Missouri Real Estate Salesperson Exam.
3. Background Check: Submit fingerprints and pass a criminal background check.
4. License: Obtain a Missouri Real Estate Salesperson License.
5. Knowledge: Possess knowledge of real estate laws, regulations, and practices.
6. Communication: Excellent communication skills to effectively communicate with clients, other agents, and industry professionals.
7. Marketing: Ability to market properties and promote oneself as a real estate agent.
8. Negotiation: Strong negotiation skills to help clients get the best deal possible.
9. Technology: Familiarity with technology and software used in the real estate industry.
10. Ethics: Adherence to ethical standards and principles of the National Association of Realtors.
Local salary expectations or estimates
According to the Bureau of Labor Statistics, the average annual salary for a real estate agent in Missouri is $54,630. However, this can vary depending on factors such as experience, location, and the number of transactions completed. Some realtors may earn significantly more or less than this average, and commission-based pay structures can also impact overall earnings. It is important to note that real estate agents are typically self-employed and responsible for their own expenses, such as marketing and office costs.