Candidate Handbook

1 MISSOURI. Candidate Handbook October 2019. MISSOURI i i Candidate Handbook TABLE OF CONTENTS. INTRODUCTION.. 1 TAKING THE EXAMINATION.. 7. STATEMENT OF NONDISCRIMINATION.. 1 Identification.. 7. EXAMINATION INFORMATION .. 1 RULES FOR THE EXAMINATION .. 7. Security .. 7. EXAMINATION AND LICENSURE ELIGIBILITY. Personal Belongings .. 8. REQUIREMENTS.. 1. Examination Restrictions.. 8. Salesperson Candidate .. 1. Misconduct.. 8. Broker Candidate .. 2. Copyrighted Examination Questions.. 8. HOW THE EXAMINATION IS ADMINISTERED.. 2 Practice Examination.. 8. EXAMINATION FEE .. 2 Timed Examination .. 8. Taking the Multiple-Choice Examination.. 9. SCHEDULING AN EXAMINATION APPOINTMENT .. 2. Taking the Simulation Examination.

2 9. Special Arrangements for Candidates with Disabilities.. 3. Candidate Comments .. 10. EXAMINATION APPOINTMENT CHANGES .. 3. FOLLOWING THE EXAMINATION.. 10. MISSED APPOINTMENTS AND FORFEITURES.. 4 How Passing Scores Are Determined.. 10. NO REFUNDS.. 4 Your Salesperson Examination Score Report.. 10. PREPARING FOR THE EXAMINATION.. 4 Your Broker Examination Score Report.. 10. Test-taking Advice.. 4 If You Do Not Appear for Testing.. 11. Duplicate Score Report.. 11. EXAMINATION CONTENT.. 4. Salesperson Examination .. 4 HOW TO OBTAIN A LICENSE .. 11. National Salesperson Portion .. 4 DUPLICATE SCORE REPORT REQUEST FORM.. 13. Missouri State Salesperson Portion.. 5 REQUEST FOR SPECIAL EXAMINATION. Sample Questions.

3 5 ACCOMMODATIONS.. 15. Obtaining the Sample National Real DOCUMENTATION OF DISABILITY-RELATED NEEDS .. 16. Estate Salesperson Examination.. 5. Broker Examination.. 6 DETAILED CONTENT OUTLINE .. 17. National Broker Portion .. 6 STATE PORTION CONTENT OUTLINE.. 19. Missouri State Broker Portion .. 7. REAL ESTATE REFERENCES.. 20. National Real Estate Broker Simulation Sample Examination .. 7 MISSOURI TEST CENTER LOCATIONS. AND SATURDAY SCHEDULE .. 21. QUESTIONS ABOUT LICENSING HOW TO CONTACT PSI. Questions regarding license application or information For inquiries and general registration information write concerning licensure requirements should be directed to: or call: Missouri Real Estate Commission PSI Candidate Services 3605 Missouri Blvd.

4 18000 W. 105th St. Jefferson City, MO 65102 Olathe, KS 66061-7543. 573-751-2628 800-345-6559. Fax: 573-751-2777 Fax: 913-895-4651. Email: Copyright 2019. PSI Services. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy or recording, or any information and retrieval system, without permission in writing from PSI Services. Rev. 9/26/2019. i MISSOURI ii ii Candidate Handbook ii MISSOURI 1 1 Candidate Handbook INTRODUCTION EXAMINATION INFORMATION. PSI provides a range of services to the states that use the The Missouri Real Estate Licensing Examinations Real Estate Examination Program (REP). This booklet (Salesperson and Broker) are administered by PSI under provides information that you will need to register for a contract with the Missouri Real Estate Commission.

5 The Missouri real estate licensing examinations. Be sure This booklet contains general information regarding the to keep the booklet after you have registered for the examinations and the testing process. examination; you may wish to refer to it later. The real estate examinations are developed through EXAMINATION AND. a combined effort of real estate experts and testing professionals. Real estate practitioners and educators LICENSURE ELIGIBILITY. write the questions. Experts in the fields of both real REQUIREMENTS. estate and testing review the questions to ensure that they Salesperson Candidate are accurate in their content and representative of good To obtain a Missouri salesperson license, applicants must question-writing procedures.

6 Representatives from states be 18 years of age and fulfill ONE of the following require- participating in the PSI Real Estate Examination Program ments: review the questions to make certain that the content of the questions is accurate and relevant to real estate practices 1) Earn a Certificate of Satisfactory Completion from a in their own states. Finally, all questions are revised and 48-hour pre-exam salesperson course from an accred- updated on a continual basis to reflect the current laws and ited Missouri real estate school on or before the exam practices in the changing real estate field. date, pass BOTH portions of the Missouri salesperson examination and complete the 24-hour Missouri Real The content outline used to develop the examination is Estate Practice Course (MREP) prior to submitting based on a job analysis and expert judgment.

7 It reflects application for license. MREP course can be taken areas of knowledge required to perform those tasks that before or after exam date. Complete application for practicing real estate salespersons and brokers judged to license must be submitted within six months of the be important. Real estate experts who write questions for completion date of the 48-hour pre-exam salesperson PSI use this content outline as a guide. Thus, examinees course; OR. are tested only on subjects judged by real estate brokers and salespersons as most important for beginning 2) Be a licensed attorney and pass BOTH portions of the licensees to know. Missouri salesperson examination. (Education require- ments are waived.) Complete application for license The content outline does not include topics, such as must be submitted within six months of passing the promotional skills, that may be helpful for success in the exam.

8 If both portions of the exam are not passed at industry. Since the purpose of licensure testing is to protect one sitting, the application for license must be submit- the consumer rather than to guarantee success in practice, ted within six months of the first passing exam score. the examinations focus on the knowledge you must have A copy of current Bar card must be provided with the to protect the consumer and your ability to apply that application for license; OR. knowledge to a consumer's particular situation. Similarly, 3) Hold a current and active real estate license in another the examinations include some technical language not jurisdiction, pass the STATE portion of the Missouri used in your everyday conversations.

9 You must learn that salesperson exam (schedule for the Salesperson language to become a part of the profession and be able Licensed in another State Examination), and complete to explain its meaning to customers and clients. the 24-hour Missouri Real Estate Practice Course (MREP) prior to submitting application for license. STATEMENT OF MREP course can be taken before or after exam date. Complete application for license must be sub- NONDISCRIMINATION mitted within six months of passing the exam. A cur- PSI does not discriminate among candidates on the basis rent license (history) certification issued within three of age, gender, race, religion, national origin, disability or months from the real estate commission of the state/.

10 Marital status. jurisdiction from which currently licensed must be provided with the application for licensure. (A copy of license is not acceptable.). 1. MISSOURI 2 2 Candidate Handbook Broker Candidate HOW THE EXAMINATION. To obtain a Missouri broker license, applicants must be 18 IS ADMINISTERED. years of age and fulfill ONE of the following requirements: The Missouri Real Estate Licensing Examinations are 1) Hold a current and active Missouri salesperson license administered via computer by appointment only Monday for at least 24 of the last 30 months immediately pre- through Friday and at select locations on Saturday. ceding the application for license, earn a Certificate Appointment starting times may vary by location.