Chapter 1 of 179% of exam

Missouri Licenses

Seven of the 75 items on Missouri's broker state portion are on licenses. PSI bulletin 4673 breaks the area into seven bullets: applications, qualification and renewal, fictitious name, individual license and business name, broker-salesperson, salesperson license, and partnership, association or corporate license.

Applying and Qualifying

Applications are made in writing on Commission forms under oath or affirmation (§ 339.050). A broker applicant must be at least 18 and must already have passed the salesperson examination (§ 339.040.3-.4). Section 339.040.5 requires a certificate that the applicant "has been actively engaged in the real estate business as a licensed salesperson for at least two years immediately preceding the date of application," which the Commission administers as 24 of the last 30 months, plus a school certificate that the 48-hour broker curriculum was completed "within six months prior to the date of application." New section 339.015, effective 28 August 2025, lets the Commission require fingerprints, which go to the Missouri State Highway Patrol for a state search and on to the FBI for a federal one. It is permissive, not mandatory.

Names, Addresses and Entities

A broker doing business under any name other than the broker's legal name must first register the fictitious name with the secretary of state under §§ 417.200-417.230 and furnish the Commission a copy within ten days (20 CSR 2250-4.030). A broker may not conduct business under another name or at another address without doing so, and must notify the Commission in writing within ten days of any name, home or business address change (20 CSR 2250-4.040). Every real estate broker partnership, limited partnership, association, limited liability company, professional corporation or corporation "shall appoint a designated broker" (§ 339.710(12)), and individual licenses must be issued to every member, manager or officer who actively participates in the brokerage business (§ 339.030).

Broker-Salesperson and Salesperson Licenses

A broker-salesperson holds a broker license in good standing but works under another broker, and § 339.010.3 adds the restriction that "A real estate broker-salesperson may not also operate as a real estate broker." When any broker-salesperson or salesperson terminates the association, 20 CSR 2250-4.050(3) gives the broker seventy-two hours to notify the Commission and return that licensee's license, and requires the broker to give the licensee a dated and timed receipt for the letter of termination. Broker licenses expire 30 June of each even-numbered year; salesperson licenses expire 30 September of each even-numbered year (20 CSR 2250-4.020).

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State-specific details

State exam facts

Prelicensing education
48-hour broker pre-examination course
Passing score
75% on each portion
Who regulates real estate brokers in Missouri?

The Missouri Real Estate Commission (MREC), within the Division of Professional Registration, licenses brokers and salespersons and approves the pre-license education and exam.

What experience do I need before the Missouri broker exam?

Broker applicants must have held an active Missouri salesperson license for at least 24 of the 30 months immediately preceding application, and complete the 48-hour broker pre-examination course. The application must be submitted within six months of completing that course.

How is the Missouri broker exam structured?

PSI administers both portions in one 270-minute appointment: a 90-item national portion scored to 100 points in 150 minutes, and a 75-item Missouri state portion scored to 75 points in 120 minutes. You need 75% on each. The state portion is the largest of any state in this family — nearly double the 40-item salesperson state portion — and Missouri publishes a separate broker state outline. The national broker exam is scenario-based, with some items carrying more than four options and one best answer scored up to two points; the Missouri state portion is ordinary four-option multiple choice.

What is on the Missouri broker state portion?

PSI bulletin 4673 sets six areas: Licenses (7 items), Educational Requirements (2), Business Conduct and Practices (40), Disciplinary Proceedings (8), Listing, Offer, and Closing Contract Forms and Costs (12), and Brokerage Relationships (6). Business Conduct alone is 53% of the state portion, so most of your study time belongs in Chapter 339, RSMo and the Commission's rules at 20 CSR 2250-8.

What continuing education do Missouri brokers need?

Twelve hours during each two-year license period, at least three of which must be a core course the Commission designates and posts on its website. For the 2026-2028 renewal period the designated core topic is Fair Housing, so a broker taking only one core course must take Fair Housing. Broker licenses expire 30 June of each even-numbered year (salesperson licenses expire 30 September).

Sources: https://pr.mo.gov/realestate.asp, https://test-takers.psiexams.com/api/content/bulletin/4673, https://revisor.mo.gov/main/OneChapter.aspx?chapter=339, https://www.sos.mo.gov/adrules/csr/current/20csr/20csr

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