How
To Get An Arkansas Real Estate License
To get an Arkansas real estate agent
license you must, by State law, attend an approved real estate school. Upon successfully completing your
pre-license course you must then pass a state examination. Upon passing the
state examination, you must apply for your license and pay the fees to become an
official licensee.
The pre-license course at Camp Real
Estate School is $495, which includes textbooks and all supplemental
educational materials, instruction and breaks.
Real Estate License Requirements
The Arkansas Real Estate License Examinations are
developed and administered by Promissor, Inc., a National Independent
Testing Company. The testing method in Arkansas is on a personal computer which
eliminates the use of paper answer sheets. Knowledge of computers and typing is
NOT required or needed.
Salesperson Applicants Must:
-
Have reached the age of majority, eighteen (18):
-
Successfully complete sixty (60) classroom hours of real estate education,
of which thirty (30) hours must be in basic principles of real estate, from an
approved school.
-
Submit application to the Arkansas Real Estate Commission with
application fee as well as the processing fee for the federal and state
criminal background checks;
-
Have both FBI and state police fingerprint cards completed at a local
police or sheriff's department and submit with the Arkansas Real Estate
license application;
-
Pass the license examination; and
-
Submit the proper forms and fees to the Arkansas Real Estate Commission no later than
ninety (90) days after passing the examination.
Broker Applicants Must:
-
Have reached the age of majority, eighteen (18);
-
Successfully complete, within the thirty-six (36) months immediately
preceding the date of the application, sixty (60) classroom hours of real estate
principles, license law, and commission regulations. All classroom
hours must be from an approved school.
-
Have been licensed as an active real estate salesperson for a period of not
less than twenty-four (24) months within the previous forty-eight (48) month period
immediately preceding the date of application. Upon written request such
experience requirements may be waived for a real estate broker applicant who has held an
active real estate broker’s license for a period of not less than eighteen (18)
months [ACA Sect. 17-42-303 and Commission Regulation 4.1];
-
Submit application to the Arkansas Real Estate Commission with
application fee as well as the processing fee for the federal and state
criminal background checks;
-
Have both FBI and state police fingerprint cards completed a local
police or sheriff's department and submit with the Arkansas Real Estate
license application;
-
Pass the license examination; and
-
Submit the proper forms and fees to the Arkansas Real Estate Commission (as
set forth on the passing score report issued by Promissor at the time of
examination) no later than
ninety (90) days after passing the examination.
Applicants Currently Licensed In Another State:
An applicant who has met the Arkansas Real Estate Commission's pre-licensing
education requirements and is currently licensed in another state and seeking licensure in Arkansas at the
same level, may request a waiver of the GENERAL portion of the examination. An applicant
who meets all three (3) of the following requirements may be required to take only the
Arkansas Law Portion of the Examination:
-
The applicant has passed a uniform, general, or multi-state part of an examination for a real estate
license in another state, which the examination is determined by the
Arkansas Real Estate Commission to meet
generally acceptable standards of real estate testing, and
-
The other state requires a minimum passing grade no lower than that required for the
general part of the Arkansas examination, and
-
The applicant at the time of taking
the Arkansas examination is licensed in the other state. [Commission
Regulation 4.2 (d)]
Real Estate Commissions and Boards
across the country are adopting policies for a real estate broker or
salesperson in one state to be licensed in another state. AREC has
entered into reciprocal agreements with some states. If you
would like to have more information about how to be licensed in another
state, contact the Real Estate Commission in the state in which you are
interested.
List of
Reciprocal States
The Commission, will determine which applicants are qualified to take only
the Arkansas Law Portion of the Examination.
Post-Licensure
Requirements
Each salesperson and broker who is
initially licensed after January 1, 2002, will complete a post-license
education course or courses as established by the Commission. Said
course(s) must be complete within one (1) year of initial licensure to
remain active.
Fees
The fees to take the Real Estate Examination are as follows:
$50.00 - application fee payable to AREC and sent to AREC with
the application for examination
$22.00 - fee for State criminal background check payable to AREC and sent to
AREC with the application for examination
$19.25 - fee for Federal criminal background check payable to the Arkansas
State Police with a cashier check or money order
$75.00 - examination fee payable to Promissor, the testing company, which
is paid at the test center
$50.00 - license activation fee payable to the AREC within ninety (90) days of
the date the examination is passed
$25.00 - one time Recovery Fund Fee is required for each NEW licensee
The fees to take the Brokers Exam
are as follows:
$70.00 - original broker license fee payable to AREC and sent to
AREC with the
application for examination
$22.00 - fee for State criminal background check payable to AREC which can be
combined with the Application fee for a total fee of $70 to the AREC
$19.25 - fee for Federal criminal background check payable to the Arkansas
State Police with a cashier check or money order
$75.00 - examination fee payable to Promissor, the testing company, which
is paid at the test center
$50.00 - license activation fee payable to the AREC within ninety (90) days of
the date the examination is passed
$25.00 - one time Recovery Fund Fee is required for each NEW licensee
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