The Missouri Real Estate Commission requires this course be completed before a salesperson license can be obtained. This course is included with all Online and Classroom Packages.
Course Contents
- Missouri agency contract basics
- Disclosure laws
- Mortgage loans
- Credit scores
- Equal Credit Opportunity Act
- Deeds
- Recording
- Foreclosure
- Basic loan features
- Conventional, FHA and VA financing
- Financing documents
- Financial calculations
- Closing statement
- Appraising and pricing property
- Antitrust
- RESPA
- Predatory lending practices
- Misrepresentation
There are other reasons why you may be required to complete the Missouri Real Estate Practice Course, for example:
- Reactivating your license
- Taking the course for failure to complete continuing education on time
- Transferring in from another state
- Many other reasons as required by the MREC
If you are unsure of your licensing requirements, contact the MREC at 573-751-2628.