MO REC

FEMA Urges Missouri Real Estate Agents to Recommend Flood Coverage

FEMA flood insurance specialists urged Missouri real estate agents to advise property owners to purchase flood insurance regardless of flood zone risk level. FEMA noted that 25 percent of all flood insurance claims come from moderate-to-low-risk zones, countering the misconception that coverage is only for high-risk areas. The National Flood Insurance Program is available to property owners in participating communities, with policies effective 30 days after premium payment.

Bogus Earnest Money Cheque Scam Alert

The Missouri Real Estate Commission (MREC) issued a scam alert warning licensees of a fraudulent earnest money check scheme reported in other jurisdictions. The MREC has not received reports of Missouri licensees being victimized but advises review of posted information from other real estate licensing authorities including the Real Estate Council of Ontario and Realtown.com.

Missouri DIFP Offers Mortgage Fraud Prevention Tips for Consumers and Industry Professionals

The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) published mortgage fraud prevention tips on April 10, 2009. The guidance was prepared jointly by the Missouri Division of Finance, Insurance Consumer Affairs Division, Real Estate Commission, and Real Estate Appraisers Commission. Tips are provided separately for sellers (avoiding inflated offers, not signing blank documents) and buyers (not buying beyond means, verifying property sales history).

2008 Real Estate Malpractice Report Shows Decade of Losses

The Missouri Department of Insurance, Financial Institutions and Professional Registration published its 2008 Real Estate Malpractice Insurance Report covering data from 1999 to 2008. The report found that real estate malpractice insurance operated at a loss for the decade, with losses plus defense costs reaching 230 percent of premium over 10 years and 161 percent over 5 years. In 2008, 89 claims closed with 18 resulting in payment, and the average claim payment was $11,802.

Short Sale Consumer Tips

The Missouri Real Estate Commission issued consumer guidance on short sales, explaining that short sales allow buyers to pay less than owed on a property but require lender approval. The Commission warns that the process can take 60 days or more and advises homeowners to document declining property values, consult legal and tax professionals, understand credit score implications, and obtain written approval agreements from lenders.

Austin Ballou - 4-Year License Probation for Felony DWI

The Missouri Real Estate Commission entered into a settlement agreement with Austin J. Ballou, placing his real estate salesperson license on probation for four years following his guilty plea to Driving While Intoxicated Persistent Offender as a class E felony. The license holder must complete his criminal probation successfully and adhere to all conditions set by the Commission, with violations potentially resulting in further disciplinary measures including license revocation.

Settlement Agreement - Randy Alaniz - $1,000 Civil Penalty

The Missouri Real Estate Commission reached a settlement with real estate broker Randy Alaniz (license 2009025551) imposing a $1,000 civil penalty. The Commission found that Alaniz, acting as managing broker for Fathom Realty MO LLC, advised agent Lori Sharpsteen to accept a competing offer on a property at 6026 Natural Bridge Road, St. Louis, despite a buyer's offer already having been accepted by the seller. The Commission determined this conduct constituted improper business dealings under § 339.100.2(15) and (19), RSMo.

Kristal Amos $5,000 Civil Penalty for Unlicensed Real Estate Activity

The Missouri Real Estate Commission issued a disciplinary order against Kristal Amos for engaging in real estate activity without a license. The Commission adopted the Administrative Hearing Commission's Default Decision finding Amos practiced real estate without holding a license issued by the Commission. The order imposes a civil penalty of $5,000, payable by certified check to the Missouri Real Estate Commission within 60 days of the order dated December 18, 2024.

Randy Alaniz Real Estate Discipline, $1,000 Penalty

The Missouri Real Estate Commission entered into a settlement agreement with real estate broker associate Randy Alaniz (license 2009025551) imposing a $1,000 civil penalty following findings that Alaniz improperly advised a sales agent under his supervision to accept a competing offer after the buyer's initial offer had been accepted. The investigation determined that the Missouri Realtors Legal Hotline did not actually advise the agent that the seller was clear to accept another offer, contradicting Alaniz's assertion. The Commission determined the conduct constituted cause for disciplinary action under Sections 339.100.2(15) and (19), RSMo.

Missouri Real Estate License Application Forms Directory

The Missouri Real Estate Commission published a directory of official real estate license application forms available to the public. The directory lists forms for individual licenses, business entity licenses, continuing education requests, and various license maintenance actions. Application and license fee changes take effect July 1, 2024.

Missouri Real Estate Commission Licensing, Renewal, and Regulatory Resources

The Missouri Real Estate Commission maintains a newsletter webpage providing licensing, renewal, and regulatory resources for real estate professionals. The page currently links to two PDF newsletters dated January 1, 2023 and January 1, 2022, with file sizes of 2093 KB and 4098 KB respectively. Both documents were last modified on June 20, 2024.

Missouri DCI Email Alert Subscription Page

The Missouri Real Estate Commission directs regulated parties to GovDelivery to subscribe to email alerts from the Missouri Department of Commerce and Insurance (DCI). Subscribers may receive updates on enforcement actions, licensing changes, and regulatory guidance affecting real estate professionals and other DCI-regulated industries. Recipients can cancel at any time by replying STOP.

Missouri Real Estate Commission Meeting Schedules 2025-2026

The Missouri Real Estate Commission published its 2025 and 2026 meeting schedules, listing six meetings per year on the first Wednesday of designated months in Jefferson City. Meetings typically start at 8:00 a.m. and are open to the public except where specifically closed per Sections 610.021 and 324.001, RSMo. The Commission office can be reached at (573) 751-2628 for current times and sites.

Rules and Statutes Directory - Missouri Real Estate Commission

The Missouri Real Estate Commission published a directory page providing hyperlinks to its regulatory resources. The page links to the MREC Rules and Statutes Reference Book PDF, the Missouri Secretary of State's Code of State Regulations Division 2250 for current rules, and Missouri Revised Statutes Chapter 339. No new regulatory requirements are established by this page.