Category: MREC

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Impact Statement

Fact Sheet

NAR Settlement FAQs

Effective July 1, 2024, License Renewal fees for Real Estate Brokers, Associate Brokers, Brokerage Firms (companies), and Branch Offices will decrease from $150.00 per renewal period to $100.00 per period.  The renewal fee for a Salesperson will decrease from $120.00 to $100.00 per renewal period.  The 100% penalty for late renewals still applies to all categories.

No fees are charged for a Business change of address, duplicate licenses, transfer of a license, or any changes from active status to inactive status or vice versa. Practically every transaction can be instantly completed using the safety of the state of Mississippi-approved pay portal.

The MREC Commission meeting is scheduled for AUGUST 13, 2024 at 9:30 a.m.

Location:  4780 I-55 North, LeFleur’s Bluff Tower, Suite 300, Jackson, MS 39211

All Commission meetings are open to the public.

Principal Brokers may now file Cooperating Agreements online by logging into your licensing file at www.mrec.ms.gov.  CLICK here for detailed information.