Study Tools

Study Tools

These study tools are available for purchase by contacting MRI at 601-932-5241 or by visiting us at our
Flowood office at 4274 Lakeland Drive

Guide to Passing the PSI Real Estate Exam (8th Edition) – National Review
(305 Pages)

$40 (+$10 S&H)

    • More than 800 exam-style questions with rationales pinpoint subjects that require additional review
    • It’s based on the latest PSI content outline – NEW EDITION
    • It features essential study tips and test-taking strategies
    • A self-score feature included in each chapter to chart learning progress
    • Three salesperson practice exams and two broker practice exams
    • Matching exercises for every chapter, covering key terms and concepts
    • A special math practice and review chapter

Modern Real Estate Practice Textbook – National, 20th Edition (556 Pages)

$60 (+$10 S&H)

Modern Real Estate Practice has trained more than 3 million professionals since 1959. Updated to maintain current legislation and market information, and to include the newest forms and web resources, this text and its ancillary products will provide the best foundation possible for aspiring real estate professionals. Each unit includes an overview of contents that highlights the topic and explains how it relates real estate law, regulations, and principles to the practice of real estate. Additionally, the included QBank gives students the ability to create customized tests from hundreds of questions.

Mississippi State License Law Study Guide – State Portion
(75 pages)

$40 (+$5 S&H)

Principles of Real Estate Practice in Mississippi (State-Only Portion) contains 75 pages of the essentials of the Mississippi real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Mississippi license law.  It is to be used as a guide to studying for the state portion of the PSI State Exam, however, it is not the license law in its entirety and shouldn’t be deemed as such.  Please reference for the MS License law and MREC Rules and Regulation documents in their entirety.

This state law study guide is designed to provide the following:

  • It is streamlined, direct and to-the-point
  • It has a student-oriented organization, both within each chapter and from chapter to chapter
  • Each chapter begins with an overview of the main section heads covered in the chapter. As each of these heads is expanded, the subheads are displayed in the margin
  • Key terms are printed in bold type the first time they are used and defined
  • The chapters conclude with a study aid called the “Snapshot Review,” which compresses the main points of the chapter into one or two pages
  • There is a chapter-by-chapter quiz and a full sample quiz in the back with answer keys detailing the answers and where to reference them
  • Its examples and exercises are grounded in the authors’ many years in real estate education

Mississippi Real Estate License Exam Prep
ALL-IN-ONE, National & State Review (260 Pages)

$65 (+$10 S&H)

The 1st edition of the Mississippi Real Estate License Exam Prep is a learning tool for the student preparing to enter the real estate business as a licensed Salesperson or Broker.  It contains the essentials of real estate law, principles, and practices taught in real estate schools and colleges across the country, including all those fundamentals that real estate educators, practicing professionals, national testing services, and state licensing officials agree are necessary for basic competence.

For the first time, it is an “All-In-One” Review and Testing Guide to Passing Mississippi’s PSI Real Estate Exam.    Please read our Table of Contents and Introduction pages by clicking on the thumbnails to the left.    This is your one stop shop for both National AND State review.

Note: The state portion of this review book is not intended to be the Mississippi state law in it’s entirety.  It is to be used as an organized study tool to help understand the law better in a more simplistic form.  It is highly recommended that you visit MREC’s website to download the full MS License Law and MREC’s Administrative Rules and Regulations in their entirety.

Modern Real Estate Practice Flash Cards – National Terms & Definitions

$38 (+$10 S&H)

This comprehensive set of more than 700 flash cards offers you the chance to thoroughly review key concepts covered in Modern Real Estate Practice, 20th Edition. Studies have consistently shown that vocabulary terms cause students the most difficulty on state real estate exams. Bypass this common pitfall and ensure you pass the real estate exam the first time with Real Estate in a Flash. This set includes: (1) More than 600 vocabulary terms with complete definitions (2) Key math concepts, including formulas, conversions, and proration tips (3) Memory tips and bullet lists of key real estate concepts.

Foreclosures, Short Sales, REO’s, and Auctions  (Tools for success in today’s market)    (106 pages)


The book summarizes the many options available to sell & purchase distressed housing. It is primarily geared for real estate professionals, & serves as an introductory course.

Topics Include: • Chapter 1: Foreclosures-An Introduction • Chapter 2: Identifying the Short Sale Property • Chapter 3: Marketing the Short Sale Listing • Chapter 4: Short Sale Contracts • Chapter 5: Making the Sale with Loss Mitigation Departments • Chapter 6: Who to Contact? Asset Management Departments • Chapter 7: Purchasing Lender Owned (REO) Properties • Chapter 8: Broker Auction Procedures • Chapter 9: Client Auction Procedures

21 Things I Wish My Broker Had Told Me (220 Pages)

$18 (+$4 S&H)

Top producing, successful professionals offer their expert advice, opinions and guidance, and look back on the 21 things they wish their broker had told them, back when they got started.

Includes practical advice for fast-tracking your first transaction, developing a marketing strategy, successfully dealing with competitors, and much more. Revised technology chapter offers a jargon-free explanation of the hi-tech options available today.  New appendix outlines the nearly 200 elements of a real estate transaction in a quick, at-a-glance checklist.  New end-of-chapter tips offer practical, take-away advice and highlight key concepts. A “Must-Have” for new agents.

Principles of Real Estate Practice Textbook – National (460 Pages)

$40  (+$10 S&H)

The 5th Edition of Principles of Real Estate Practice textbook is a modern learning tool for the student preparing to enter the real estate business as a licensed Salesperson or Broker.  It contains the essentials of real estate law, principles, and practices taught in real estate schools and colleges across the country, including all those fundamentals that real estate educators, practicing professionals, national testing services, and state licensing officials agree are necessary for basic competence.

Real Estate License Exam Prep – National Review (205 Pages)

(All-in-One Review and Testing to Pass the National Portion of the Real Estate Exam)

$40   $20 (50% Savings) (+$5 S&H)

Features of Real Estate License Exam Prep (RELEP):

    • National Principles & Law Key Point Review (45 pages)
    • Real Estate Math Key Formula Review & Practice (20 pages)
    • National Practice Tests (500 questions)
    • Sample Exam (75 questions)

RELEP is comprehensive in that it contains both key content review and testing practice. RELEP’s national key point reviews are a succinct compression of tested national principles and practices that comprise the national portion of the state license exam.

A word about the test questions… RELEP’s testing practice section consists of ten national practice tests and one sample test. The practice tests are roughly 50 questions in length and the sample test is 75 questions. The questions are direct, to the point, and designed to test your understanding. When you have completed a given test, you can check your answers against the answer key in the appendix. You may also note that each question’s answer is accompanied by a brief explanation, or “rationale” to further reinforce your understanding.

Your particular study and testing practice strategy using this resource is up to you. But to fully exploit its comprehensive content coverage, you should try to review and memorize the key point reviews as much as possible. Then you should make every effort to take each exam, review your mistakes, and re-read the key point reviews that cover your weaker areas.

One note of caution is also in order: this National edition does not contain state laws and practices applicable in your state of residence or where you intend to get your license. Therefore you will need to study state-level laws given to you by your pre-license school in order to pass the state portion of the state exam.

While this is as comprehensive a national prep text as it gets, in the end — as your pre-license course hopefully informed you — it’s all up to you. It still takes hard work and study to pass.

Table of Contents Below
Click for Larger View
Click for Larger View

Real Estate Math Express (75 Pages)
(Rapid Review and Practice with Essential License Exam Calculations)

$15 (+$4 S&H)

Real Estate Math Express is a concise, easy-to-study test preparation guide to help real estate students improve their real estate math scores to pass the state licensing test. The primary feature is that it contains all necessary formulas and practice questions in 70+ pages. This enables you to truly cram for the math portion of your state’s licensure test, memorize key formulas, and walk into the exam site having all the essential material in your short-term memory!

So, if you want a truly rapid review resource, Real Estate Math Express is for you. No frills, no lengthy explanations…..just key formulas, definitions, corresponding examples and practice questions.

Real Estate Math Express can be broken down into 3 major parts:

    • Math Formulary
    • Math Questions
    • Answer Key

The math formulary is the section that introduces each major real estate math topic and its corresponding formula(s). Real Estate Math Express covers numerous topics ranging from basic math to capitalization rates to prorations and finally to closing cost calculations.

Once the math formulas have been mastered, there are over 110 sample questions for you to practice with. Each question has both an answer and an explanation of the correct answer at the end of the book.