Southaven Real Estate Classes

Southaven – Real Estate Courses – Nights

Includes classroom courses, online courses, all textbooks and the ability to have free access to the same classes for 6 months.

The courses at Real Estate Training institute are constantly updated to stay up with current changes. Course techniques include contemporary adult learning styles.

Andragogy is the school’s style of education.

Classes incorporate the “Flipped Classroom” technique.

RETI instructors are proud members of the Real Estate Educators Association.

Every instructor is required to obtain the GOLD STANDARD INSTRUCTOR (GSI) designation from the National Real Estate Educators Association (REEA) before they are scheduled to teach.

During their tenure at the Real Estate Training Institute, our instructors are required to take the advance real estate instructor course called, Distinguished Real Estate Instructor (DREI) Designation course. The DREI Recognition is the highest honor bestowed upon a Real Estate Professional Instructor. There are less than 80 such instructors in the United States and Canada. The DREI is held primarily by attorneys, Real Estate Commissioners and Real Estate School Owners.

Distinguished Real Estate Instructors

Real Estate Training Institute has the most sought after instructors in the country.

We have included streaming and ALEXA into our school.

Southaven – Real Estate Night Courses

Includes classroom course, online course, all textbooks and ability to have free access to the same classes for 6 months.

The courses at Real Estate Training institute are constantly updated to stay up with current changes. Course techniques include contemporary adult learning styles.

Andragogy is the school’s style of education.

Classes incorporate the “Flipped Classroom” technique.

RETI instructors are proud members of the Real Estate Educators Association.

Every instructor is required to obtain the GOLD STANDARD INSTRUCTOR (GSI) designation from the National Real Estate Educators Association (REEA) before they are scheduled to teach.

Distinguished Real Estate Instructors

Real Estate Training Institute has the most sought after instructors in the country.

We have included streaming and ALEXA into our school.

Mississippi Real Estate License Course – Real Estate Training Institute

Information – Real Estate License MS from the Real Estate Training Institute

Mississippi Real Estate License Course

In the United States, real estate brokers and salespersons are licensed by each state, not by the federal government. Each state has a “commission” who monitors and licenses of brokers and agents.

There are state laws defining the types of relationships that can exist between clients and licensees, and the lawful duties of licensees to represent clients and members of the public.

Rules vary substantially as defined by the law from state to state, for example, on subjects that include what legal language is necessary to transfer property, agency relationships, inspections, disclosures, continuing education, and other subjects.

In most jurisdictions, a person must have a license meaning they have studied realty laws before they may receive compensation for services rendered as a realty broker or agent.

Unlicensed activity is illegal and the state commission has authority to fine people who are acting as a realty licensee. Buyers and sellers acting as principals in the sale or purchase their own properties are usually not required to be licensed.

It is important to note that in some states, lawyers handle sales for compensation without being licensed as brokers or agents.

Mississippi Real Estate License Course Education

To become licensed, most states require that an applicant take a minimum number of classroom hours to study realty law before taking the state licensing exam. Such education is often provided by educational companies, who are typically licensed to teach such courses within their respective states.

The courses are designed to prepare the new licensee primarily for the legal aspects of the practice of transferring estates and to pass the state licensing exam.

This is what Real Estate Training does. We have the real estate license classes consisting of the mandatory topics and hours of education. Real Estate Training has everything you need for your license education. We have our main campus on the Mississippi Gulf Coast in Biloxi. Courses are also in the cities of Hattiesburg, Oxford and Southaven.

The first step to get your real estate license is to attend the Pre-Salesperson’s real estate license class.

Classes Qualifications for License

Every applicant for a resident license as a salesperson shall be age eighteen (18) years or over, shall be a bona fide resident of the State of Mississippi prior to filing his application and shall have successfully completed a minimum of sixty (60) hours in courses in real estate.

The license course begins on a Monday (unless there is a holiday) and continues to the Friday of that week.

Salesperson License – The Steps

Schedule a 60-hour class.

Download a salesperson application from the Mississipp Commission.

Complete the application (including pictures).

Get the application notarized.

Pass the school’s exit exam.

Attach your Salesperson’s License Course Completion Certificate to the application with a check for $120.

Send the completed application, certificate and check to the Mississippi Real Estate Commission.

You will be sent a letter with a phone number and website where you can schedule your exam.

The testing company will require a credit card to charge $75 for both exams. (General Portion and Mississippi State Specific Portion.)

Pass the exam 70% on the General Portion and 75% on the State Specific Portion.

Find a broker. Hand the broker the form to send in your information to Mississippi Real Estate Commission.

CONGRATULATIONS You’re Done with your first step.

Salesperson – Post License Course

Mississippi Real Estate Licensees have 12 months after receiving their temporary license to take this course.

This course fulfills your MREC Real Estate Agent Post-Licensing Educational Requirements for Salespersons.

The Real Estate Training information for the Post Licensing Real Estate Classes are as follows:

Hours: 30

You can only take 8 hours a day of courses. This course must take you at least 3 to 4 days. When you have completed the self-scoring exams, please call RETI for your certificate.

The following are the required courses:

1. Agency Relationship

2. Contracts

3. Earnest Money

4. Antitrust

5. Fair Housing

6. Ethics

7. Property Condition Disclosures

8. Your electives (6 hours) courses will be Property Management, Mortgages, Leases, Environmental, and Property Inspections.

Want to be a Mississippi Real Estate Broker?

License Classes for Broker

To become a Mississippi Broker, an applicant:

shall be subject to the jurisdiction of this state,
subject to the income tax laws and other excise laws, subject to the road and bridge privilege tax laws.
shall not be an elector in any other state.
shall have held a license as an active salesperson for twelve (12) months immediately prior to making an application for the broker’s examination.
shall have successfully completed a minimum of one hundred twenty (120) hours of courses in real estate.
shall have successfully completed the broker’s examination as hereafter specified.

An applicant for a Mississippi real estate broker’s license must pass the broker’s examination with a grade of at least 80%.

The course traditionally begins on a Monday and continues to the Friday of that week.It picks up the following Monday with the final being on Thursday.

Post Licensing Educational Requirements

Real Estate License MS Classes for Brokers

For Brokers

30 Credit hours

You are required to take 30 hours of Post license education within one year of passing your Broker’s exam.

You can only take 8 hours a day of courses. This course must take you at least 3 to 4 days.

When you have completed the self scoring exams, please call RETI for your certificate.

The following are the required courses:

1. Managing Escrow Accounts

2. Inter Office Confidentiality

3. Broker Responsibilities of Licensees

a. Agency

b. Office Policies and Procedures

4. Broker Agreements with Licensees and Assistants

5. Mississippi Real Estate Commission Required Forms

6. Mississippi Realty License Law

7. Electives (6 hours)

Some U.S. states have reciprocity agreements in place allowing licensees from other states to become licensed in that state. Details of each reciprocal agreement vary from state to state. Some states have education requirements that must be met by the agent while others require only that the agent fill out a reciprocal license application with the State.

Real Estate School – Classroom Classes & Online Courses

Real Estate Training Institute is Mississippi’s premier real estate school, Looking for a career change? Getting your licensed real estatecertification is an excellent career choice.

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Mississippi Real Estate Commission COOPERATING AGREEMENT

Mississippi Real Estate Commission COOPERATING AGREEMENT Download

For informational purposes only.

INSTRUCTIONS FOR COMPLETING THE Mississippi Real Estate Commission COOPERATING AGREEMENT

NOTE: This form is used when a Mississippi broker is paying any portion of a commission to a non-resident broker not licensed in Mississippi. The Mississippi broker is responsible for filing the agreement with MREC.

 If LISTING REFERRAL is checked, the LOCATION/LEGAL DESCRIPTION OF LISTED PROPERTY MUST be completed.

 The Non-Resident Broker’s Name MUST be printed. Do not include the company name.

BEFORE MAILING, BE SURE THE FOLLOWING HAVE BEEN ADDRESSED:

 Application

MUST be typed or printed. If it is printed, be sure handwriting is VERY CLEAR.

MREC is not responsible for any misprints due to illegible handwriting.

 ALL questions have been answered in their entirety. COOPERATING AGREEMENT WITH NON-RESIDENT PRINCIPAL BROKER (EFFECTIVE-JULY 1, 2004) Date Agreement Executed: Agreement Expiration Date: Owner/Client/Customer’s Name Telephone # Owner/Client/Customer’s Address Location/Legal Description of Listed Property (if applicable) AGREEMENT TO BE FINALIZED “PRIOR” TO ANY LICENSABLE REAL ESTATE ACTIVITY: It is understood and agreed that this Agreement covers: (Please check ONLY one <1> box)

[ ] 1. A Joint or Cross Listing with participation by a Non-resident Principal Broker

[ ] 2. A Listing Referral from a Non-resident Principal Broker

[ ] 3. A Client or Customer Referral from a Non-resident Principal Broker

[ ] 4. A Purchase or Sales Contract procured by a Non-resident Principal Broker

[ ] 5. An Auction Agreement with a Non-resident Principal Broker

[ ] 6. Any Other activity for which a real estate license is required In order to comply with the Mississippi Real Estate Brokers License Act of 1954, as Amended, and the Rules and Regulations of the Mississippi Real Estate Commission (MREC), the Mississippi Principal Broker and the Non-resident Principal Broker agree to the following:

All negotiations, including the showing, listing, and advertising of real property located within the state of Mississippi shall be handled under the direct supervision of the Mississippi Principal Broker, with the Mississippi Principal Broker taking full responsibility.

The Non-resident Principal Broker MUST be present at all times if one of his/her real estate agents, who is NOT licensed by the state of Mississippi, has a physical presence in Mississippi in connection with any real property transaction.

The Non-resident Principal Broker agrees to abide by Mississippi Law and the Rules and Regulations of the MREC and further agrees that civil actions may be commenced against him/her in any court of competent jurisdiction in any county of this state in which a claim may arise.

The Mississippi Principal Broker MUST confirm that the Non-resident Principal Broker is licensed as an “ACTIVE PRINCIPAL BROKER” in another state.

This may be accomplished by direct contact with the Real Estate Licensing authority or by receiving a copy of a current real estate broker license. The Mississippi Principal Broker further agrees to notify the MREC immediately if the Non-resident Principal Broker violates any part of this Cooperative Agreement.

The Non-resident Principal Broker agrees not to place any sign on real property located within the state of Mississippi without the express written permission of the cooperating Mississippi Principal Broker. If such authority is granted, both Principal Brokers agree their signs will be placed in close proximity to one another and in a prominent place on the property.

All listing or property management agreements shall be in the name of the Mississippi Principal Broker or they shall require a cross listing or joint listing of such property with the Non-resident Principal Broker.

The Non-resident Principal Broker agrees to not advertise the property in any manner unless the Mississippi Principal Broker is included in the advertising and such advertising shall be with the full knowledge of and under the direct supervision of the Mississippi Principal Broker.

Principal Broker. If this cooperative agreement involves a listing agreement concerning real property, the Non-resident Principal Broker affirms that the solicitation of the listing of the Mississippi property was conducted in the presence of the Mississippi Principal Broker.

The commissions, fees, or other compensations (considerations) earned during the period this Cooperative Agreement is in force shall be divided between the Mississippi Principal Broker and the Non-resident Principal Broker on a negotiable basis that is agreeable to the two brokers.

The Mississippi Principal Broker shall either receive $ or % of the compensation and the Non-resident Principal Broker shall either receive $ or % of the compensation.

All earnest monies or deposits shall be placed in the escrow account of the Mississippi Principal Broker unless both the buyer and the seller agree in writing to relieve the Mississippi Principal Broker of this responsibility.

No licensee shall knowingly pay a commission or a fee to a licensed person knowing that licensee will, in turn, pay any portion of the fee to an individual who does not hold a real estate license.

Mississippi Broker’s Name

(Print) Non-resident Principal Broker’s Name

(Print) Mississippi Broker’s

Signature Non-resident Principal Broker’s

Signature

Mailing Address

Mailing Address City, State & Zip Code

City, State & Zip Code Business Telephone #

Business Telephone #

For a JOINT LISTING:

I hereby agree to allow the Non-resident Principal Broker to place their sign in close proximity to my sign on the above-referenced listed property during the term of this contract.

Mississippi Principal Broker’s Signature Four copies of the Agreement have been executed.

The Non-resident Principal Broker and the Mississippi Principal Broker have each received one copy.

It is the duty of the Mississippi Principal Broker to confirm that the other two copies are filed with the Mississippi Real Estate Commission at Post Office Box 12685, Jackson, MS 39236-2685, within 10 days after entering into the agreement.

Mississippi Real Estate Commission COOPERATING AGREEMENT Download

Mississippi Real Estate Commission BRANCH OFFICE LICENSE APPLICATION

Mississippi Real Estate Commission CERTIFICATON OF LICENSURE(

Mississippi Real Estate Commission Broker Transfer Application

Mississippi Real Estate Commission REACTIVATION OF BROKER

Mississippi Real Estate Commission BUSINESS CHANGE OF ADDRESS

Mississippi Real Estate Commission COOPERATING AGREEMENT Download

Mississippi Real Estate Commission REACTIVATION OF BROKER

Mississippi Real Estate Commission REACTIVATION OF BROKER Download

INSTRUCTIONS FOR COMPLETING THE Mississippi . Real Estate Commission REACTIVATION OF BROKER APPLICATON

NOTE: This form is ONLY to be used when a BROKER or BROKER/SALESPERSON licensee is reactivating their license from inactive status.

This form is NOT TO BE USED by a salesperson licensee.

Part I: Full Name of Reactivating Broker – This is the name of the broker licensee who is reactivating. Include your current resident address and phone number.

BE SURE TO COMPLETE THE RESPONSIBLE BROKER LINE AND INCLUDE THE COMPANY NAME (IF APPLICABLE). Your reactivation request CANNOT be processed if MREC does not know who you wish to activate to, or which company you are transferring to (if the responsible broker has a company license).

The CORRECT business address MUST be listed or your request

CANNOT be processed.

NOTARY SECTION – ONLY SIGN AND NOTARIZE THIS MIDDLE SECTION IF YOU ARE GOING TO BE WORKING AS A BROKER/SALESPERSON UNDER A RESPONSIBLE BROKER.

If you are going to be your OWN broker, DO NOT CHECK THE BOX AN DO NOT SIGN THIS SECTION! If you WILL be operating as a broker/salesperson under another responsible broker, the distance between the broker/salesperson and responsible broker CANNOT be MORE than a 50 mile/1 hour drive distance.

If the distance is GREATER, the transferring broker will either need to select a different, closer responsible broker, or the responsible broker will need to open a branch office at a location within that distance limit for the transferring broker/salesperson to be licensed to.

Part II: The new responsible broker completes this section, signs, and the signature must be notarized. If you are reactivating to yourself, your name should be in both blanks, and you sign accepting responsibility for yourself.

Mississippi Real Estate Commission REACTIVATION OF BROKER Download

BEFORE MAILING, BE SURE THE FOLLOWING HAVE BEEN ADDRESSED:

 Application MUST be typed or printed. If it is printed, be sure handwriting is VERY CLEAR. MREC is not responsible for any misprints due to illegible handwriting.

 ALL questions have been answered in their entirety.

 The application fee is included.

 The original wall license is included if not previously submitted to MREC.  All continuing education and E & O insurance are up to date.

 The application must be notarized and must be received by MREC within 60 days of the notary date.

Rev. 07/01/2015

Mississippi Real Estate Commission

LeFleur’s Bluff Tower, Suite 300 4780 I-55 North,

Jackson, MS 39211 OR Post Office Box 12685

Jackson, MS 39236-2685

(601) 321-6970 – Telephone * (601) 321-6955 –

Fax www.mrec.ms.gov

Mississippi Real Estate Commission REACTIVATION OF BROKER

(Application will not be accepted unless typed or printed- CLEARLY) PART I ESTABLISHMENT OF NEW BROKER – BROKER AGREEMENT

A. Full Name of Reactivating Broker __________________________________________________

(PRINT) (Home Phone) Applicants Resident Address __________________________________________________

(Number & Street) (City/State) (Zip Code) Company Name (if applicable) __________________________________________________

Business Address ________________________________________________________________

(Number & Street) (City/State) (Zip Code) [ ] I will be working in the capacity of broker-salesperson and will not act independently as a broker. I hereby request my license be issued to the above NEW responsible broker. (Check box if this applies to you.) _______________________________________________ ______________________________________________________

Reactivating Broker’s

name -printed

Signature of Reactivating Broker

SUBSCRIBED and SWORN to before me, this _____________ day of _________________, 20________

My Commission expires _________________________ ___________________________ ___________

(County) (State) _________________________________________________

NOTARY PUBLIC

B. I _____________________________, hereby certify that I am duly licensed broker in the State of

(Name of Responsible Broker) Mississippi and have “carefully investigated” the record of _______________________________ who has

(Name of Reactivating Broker) made application for transfer of his/her license to my real estate brokerage business. I hereby approve such application and “accept full responsibility” for this broker-salesperson. ____________________________________ ___________________________________________

Responsible Broker’s name – printed Signature of Responsible Broker

SUBSCRIBED and SWORN to before me, this _____________ day of _________________, 20________

My Commission expires _________________________ ___________________________ ___________

(County) (State) _________________________________________________

NOTARY PUBLIC

Mississippi Real Estate Commission REACTIVATION OF BROKER Download

Mississippi Real Estate Commission Forms

MREC Forms

Mississippi Real Estate Commission BRANCH OFFICE LICENSE APPLICATION

INSTRUCTIONS FOR COMPLETING THE Mississippi Real Estate Commission BRANCH OFFICE LICENSE APPLICATON

Download the Mississippi Real Estate Commission BRANCH OFFICE LICENSE APPLICATION

NOTE:

This form is ONLY to be used when a company is opening a SECOND office (AKA: satellite office). If the COMPANY does not already have a license in Mississippi, a branch office CANNOT be opened.

Questions 1 – 3: This information is for the broker’s name, the current location of the primary company license, and the company name.

Question 4: This is the address and information for the NEW BRANCH location being applied for. A residential address is NOT acceptable.

Question 5: The MANAGING broker and the RESPONSIBLE broker can ONLY be the same IF the new branch office is WITHIN a 50 mile/1 hour drive radius of the current main company location.

If the distance is GREATER, the responsible broker MUST have an associate broker licensee to place in the new branch office to act as the managing broker for that location.

Questions 6 – 8: Should be self-explanatory.

Question 9: This is the RESPONSIBLE broker’s license information only.

BEFORE MAILING the Mississippi Real Estate Commission Branch License Application, BE SURE THE FOLLOWING HAVE BEEN ADDRESSED:

 Application MUST be typed or printed. If it is printed, be sure handwriting is VERY CLEAR. MREC is not responsible for any misprints due to illegible handwriting.

 ALL questions have been answered in their entirety.

 The application fee is included.

 A branch office MUST have at least ONE other licensee at that location other than the responsible broker in order to become a licensed branch. If the broker wishes to transfer a current agent from the primary or another branch location to the new one, the broker may request the transfer by a separate letter (to be attached to this application) signed and notarized requesting to move the named licensee from (specify current location) to the new branch office.

THE ORIGINAL WALL LICENSE AND A $50.00 TRANSFER FEE MUST BE INCLUDED. If the licensee to be in the new branch office is transferring to the broker and firm from another responsible broker, complete the appropriate broker or salesperson transfer application, return the original license, and include the $50.00 transfer fee.

 The application must be notarized and must be received by MREC within 60 days of the notary date. Rev. 07/01/2015

Mississippi Real Estate Commission LeFleur’s Bluff Tower, Suite 300 4780 I-55 North,

Jackson, MS 39211 OR Post Office Box 12685 Jackson,

MS 39236-2685 (601) 321-6970 – Telephone * (601) 321-6955 – Fax www.mrec.ms.gov

Download the Mississippi Real Estate Commission BRANCH OFFICE LICENSE APPLICATION

BRANCH OFFICE LICENSE APPLICATION (Application will NOT be processed unless ALL questions are answered fully. Please type of print CLEARLY.)

1. Name of Applicant _______________________________________________________________________________

2. Business Address _______________________________________________________________________________

(Number & Street) (City/State) (Zip Code)

3. Name of Firm or Partnership ____________________________________________________________________________

4. Branch Office Address _______________________________________________________________________________

(Street/Bldg/Suite Number) (City) (State) (Zip) ____________________________________________________________________________________________________

(County) (Office Phone) (Other Phone) (Office Fax)

5. (a) Name and License # of Managing Broker who will be in charge of this office. _____________________________________

(b) Name and License # of Responsible Broker. _________________________________________________________

6. Name to be used in advertising and conducting business. ______________________________________________________

7. Do you understand the requirements of the real estate license law as to maintaining a definite place of business and prominent display therein of certificate of registration? _____________ Yes _____________ No (if No, explain answer below) ____________________________________________________________________________________________________

8. Do you certify that if granted a Branch Office License you will comply with these requirements? _____Yes _____No (if No, explain answer) _____________________________________________________________________________________

9. Date original Broker’s license secured _____________________________________

License Number ______________

AFFIDAVIT (Read Carefully)

The undersigned, in making this application to the Mississippi Real Estate Commission (Commission) for license to carry on the business of a real estate broker under provisions of Section 73-35 of the Mississippi Code of 1972, as amended, swears (affirms) that he/she had read and is thoroughly familiar with the provisions of the aforementioned Act and Rules and Regulations of the Commission and agrees to comply fully with them.

The undersigned further swears (affirms) that all of the information given in their application is true to the best of his/her knowledge and belief. _________________________________ ___________________________________________

Responsible Broker’s name – print Signature of Responsible Broker SUBSCRIBED and SWORN to before me, this ________________ day of _____________________________, 20 _______ My Commission expires __________________________ ___________________________________ ___________ (

County) (State) __________________________________________ NOTARY PUBLIC

Download the Mississippi Real Estate Commission BRANCH OFFICE LICENSE APPLICATION