Missouri Real Estate Exam Prep — Ebook with Full Explanations (EPUB + PDF)

Missouri real estate salesperson exam: 300 original practice questions covering both the national portion and the Missouri state portion, with an explanation for every wrong answer as well as for the right one.

This is a question bank, not a textbook. It is built for the stage after the pre-licensing course, when what is left is finding out which answers are wrong, and why.

Which exam this book is for

It is written for the Missouri real estate salesperson licensing exam, delivered by PSI at a test center or by remote proctoring, to the national and state content outlines in the Missouri candidate handbook dated July 2024. It covers both portions: the national portion (100 scored questions, 150 minutes) and the Missouri state portion (40 scored questions, 120 minutes). Each portion is scored separately; the handbook sets the passing score at 70 percent on the national portion and 75 percent on the state portion, and both must be passed.

How the book is organised

• 215 questions on the national portion in 11 chapters, one per outline section: Property Ownership; Land Use Controls; Valuation; Financing; Contracts; Agency; Property Disclosures; Property Management; Transfer of Title; Practice of Real Estate; Real Estate Calculations.
• 85 questions on Missouri law in 6 chapters, one per state outline section: General Rules; Licenses; Educational Requirements; Business Conduct and Practices; Disciplinary Proceedings; Brokerage Relationships.
• A 20-question diagnostic that returns a study order rather than a score, weighted by the outlines, so a gap in Contracts, 19 of the 100 scored national questions, outranks a gap in General Rules, 2 of the 40 scored state questions.
• Two practice exams of 121 questions each, 86 national and 35 state, mixed in the outlines' proportions. The real exam has 100 scored national and 40 scored state questions, times the portions separately and adds unscored pretest questions.
• A second-best-answer drill, a misconception index, an outline cross-reference and a glossary.

What is different about the explanations

Most prep books explain the correct answer and leave the other three alone. Every explanation here does four things: why the key is right, traced to the outline topic it came from; why each wrong option was tempting, naming the misconception behind it; the detail in the question that rules that option out; and the one line that separates the key from the next-best option. On a scenario exam the failure mode is rarely ignorance. It is choosing the second-best answer.

Written to the published content outlines

Every question traces to a topic in the Missouri salesperson content outlines. The Missouri questions are written from the state's own law: Chapter 339 of the Revised Statutes of Missouri, the Commission's rules, its Broker Disclosure Form, its licensing, renewal and continuing education requirements, the Missouri statute of frauds and the statutes on the Administrative Hearing Commission. The national questions draw on federal fair housing, lending, settlement, appraisal and lead-based paint rules, EPA radon guidance, the FHA handbook, the federal surveying manual and open textbooks on property law, agency and mathematics. Where Missouri law answers a question differently from the general rule, the answer follows Missouri law. No question is taken from, or modelled on, any real exam question. The diagnostic, the two practice exams and the drill draw on the same bank, so 300 is the number of distinct questions in the book rather than a count of repeats.

No book can promise a result. This one shows which answers are wrong, and what the wrong answer was built out of, before the exam asks.

This book is an independent study aid. It is not affiliated with, endorsed by, or approved by the Missouri Real Estate Commission or PSI Services LLC.

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