You’ll need an Arkansas real estate license if you want to work in the real estate industry in the state of Arkansas. To get your real estate license Arkansas, you must be 18 years old, complete the 60-hour prelicensing training at an approved school, be fingerprinted, and pass the state exam. While most states have a similar process for becoming a real estate agent, each has its own set of requirements. Here are the steps on how to get a real estate license in Arkansas.
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To become licensed and appear on an Arkansas real estate license search:
You can apply for your real estate exam if you have completed the 60 hours of mandatory education. All applicants must complete a background check and provide fingerprints to AREC. Also, you must submit a completed application, a completed fingerprint card, and the necessary fees (visit the AREC website for more information).
Fees are $50 for the application, $22 for the Arkansas criminal background check, and $14.25 for the FBI criminal background check.
How to get your real estate license in Arkansas? You must pass the Pearson Vue Salesperson Real Estate Exam. Arkansas has five exam locations.
After passing the exam, you must submit the necessary forms and fees to the Arkansas Real Estate Commission within 90 days of passing.
The PearsonVUE Candidate Handbook contains price instructions as well as information on how to earn your Arkansas salesperson license.
You must pay $50.00 for a licensing fee and a $25.00 Recovery Fund Fee for a real estate salesperson license. After passing the real estate examinations, you must pay the fees within 90 days. Also, you should pay a licensing fee of $70 and a $25.00 Recovery Fund Fee for a real estate broker license.
Note that the state can change these costs at any time.
There are 80 questions on the national portion of the Arkansas Real Estate Salesperson Exam. An examinee must correctly answer 56 of the 80 questions in order to pass the exam (70% correct). The Arkansas Real Estate Salesperson exam should be completed in four hours.
Almost half of all applicants do not pass the exam. Preparation and organization are essential for success in this test. You can also try to talk to recently licensed real estate agents in your area.
Alabama, Colorado, Florida, Georgia, Iowa, Kansas, Louisiana, Mississippi, Nebraska, New York, Ohio, Oklahoma, Pennsylvania, South Dakota, Washington, and West Virginia have reciprocity with Arkansas.
Contact the appropriate Real Estate Commission from the Arkansas Real Estate Commission’s website for more information about licenses in other states via Arkansas reciprocity.
By the end of the sixth month after their initial date of licensure, new salespersons must have completed an 18-hour AREC post-licensure course. This 18-hour course is not available online.
In addition, by December 31, the state of Arkansas expects 7 hours of Continuing Education: 3 advertisement hours, 1 safety hour, and 3 elective hours.