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Exam (elaborations)

MO Real Estate Salesperson Exam - State Portion - PSI Q & As (Verified Answers) 2026

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MO Real Estate Salesperson Exam - State Portion - PSI Q & As (Verified Answers) 2026

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MO Real Estate Salesperson Exam - State
Portion - PSI Q & As (Verified Answers)
2026
An owner selling his house himself goes with a buyer to a
Missouri real estate office to ask the broker to prepare their
sales contract. In this situation the broker should? —
Brokerage relationships - Correct Answers ✅Refused to
handle the transaction as there is no broker relationship.
(unless the seller is willing to pay commission?)


The Missouri Real Estate Commission received a complaint
regarding the distribution of a commission between licensees.
Which of the following will the Commission do? - Correct
Answers ✅Investigate the complaint


A Missouri licensee neglects to complete her continuing
education requirement and fails to renew her license. Which
of the following may she be required to do if she applies for
renewal 3 months after her expiration date? - Correct
Answers ✅Pay a delinquent fee of $200 in addition to the
license fee and complete the continued education
requirement


In Missouri, a person who violates the license law - Correct
Answers ✅May be subject to criminal prosecution under the
general laws of the state.


A Missouri real estate licensee negotiates the sale of a house
intended for his fiancee and himself. He properly identifies
himself to the seller as a licensee, but does not tell the seller

, MO Real Estate Salesperson Exam - State
Portion - PSI Q & As (Verified Answers)
2026
that he is getting married to the buyer. Do the licensee's
actions violate the Missouri license law? - Correct Answers
✅Yes, because the licensee did not disclose his future
interest in the property to the seller.


Which of the following statements by a licensee could cause
a Missouri real estate commission to file a complaint against
the licensee - Correct Answers ✅You will be able to sell
This house at a good profit


While conducting an investigation into the practice of a
Licensee. The Missouri real estate commission may - Correct
Answers ✅Subpoena the licensee records and papers that
have bearings to the complaint


A Missouri licensee is taking a listing under a transaction
Brokerage agreement. The seller asks the licensee "at what
price should I list my property" the Licensee recently
conducted a sale and analysis and believe the property
should sell for 175,000. Which of the following is the licensee
best response - Correct Answers ✅I can't advise you, but I
can show you some comparable prices


A person Completed all pre-examination course on February
1st but failed the License examination on June 20. By what
date must this person take the examination and submit an

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