Licensing facts · 2026

How much does a Mississippi real estate license cost?

Single $100 salesperson application fee (statutory cap, Miss. Code 73-35-17; covers the 1-yr temporary license) - used for license_fee and application_fee, do not double count. PSI exam $75 for one or both portions (bulletin 10/1/2023). Criminal background check $25 effective 10/1/2026 (was free) - stored as fingerprint_fee. E&O mandatory ($100k per claim); $250 is the MREC group-policy premium cap, actual premium unconfirmed. Must be MS resident. Course price range is secondary. Broker: 12 months active salesperson + 120 hrs (150 hrs alternative path). Totals exclude 30-hr post-license course. No published pass rates found.