How to get a Real Estate license in Arkansas in 2022?

How To Get A Real Estate License In Arkansas In 2022?

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A real estate license is required in Arkansas if you want to become a real estate agent. The process to obtain a license is not complicated but does require some time and effort. To obtain a real estate license in Arkansas, you must first complete an approved education program. Once you have completed the education requirements, you must then pass the state licensing exam.

In this article, I’m going to get you through all the processes and requirements which you will need to understand before applying for RE License. Let’s Start with step by Step Process.

The process to get Arkansas Real Estate License

1. Finalize your Arkansas license application

You’ve completed the education and training requirements to become a licensed Real Estate Agent in Arkansas. The First step is to finalize your application to obtain your Reaestae License

Here’s what you need to do:

  • Gather all required documents. Your application will not be processed without the required documentation, so be sure to have everything on hand before you begin.
  • Review the application instructions. This will ensure that you complete the application correctly and provide all of the necessary information.
  • Complete the online application form. Be sure to answer all questions truthfully and accurately. Incomplete or inaccurate applications will be rejected.
  • Pay the application fee. The fee must be paid in full before your application can be processed. You can pay by credit card, check, or money order.

Meet the legal requirements for your Arkansas real estate license

To obtain an Arkansas real estate license, you must meet the legal requirements. These requirements include being at least 18 years of age, having a high school diploma or equivalent, and completing an approved real estate education course. Once you have met these requirements, you will then need to pass the Arkansas real estate licensing exam. After you have obtained your license, you will be required to renew it every two years.

How To Get A Real Estate License In Arkansas In 2022?

2. Submit the Arkansas Exam Application

If you are thinking of buying or selling a home in Arkansas, it is important to make sure you have a real estate license. The Arkansas real estate exam is the 2nd  step in getting your license. If you pass the exam, you can submit your application to the Arkansas Board of Realtors.

3. Schedule your exam

The Arkansas Real Estate Commission (AREC) requires that all applicants for a real estate license take and pass a written examination.

The examination is administered by PSI Services LLC, and you can register for the exam online or by mail. The AREC recommends that you register at least two weeks in advance of your desired testing date to ensure that you get your preferred time and location.

The examination fee is $68, and you’ll need to bring two forms of identification with you on the day of the test. Once you pass the examination, you’ll be able to apply for your Arkansas real estate license.

4. Take the Arkansas Real Estate Exam

You must have a high school diploma or equivalent to take the Arkansas Real Estate Exam. The cost of the exam is $60, and you must register for it through the Arkansas Real Estate Commission. The exam is made up of 100 multiple-choice questions, and you must get a score of 70% or higher to pass. You will have two hours to complete the exam.

5. Get Fingerprints & Complete Background

You’ll need to get your fingerprints and complete a background check through the Arkansas Real Estate Commission. Once that’s done, you can then submit your application for licensure.

The process of getting your fingerprints and completing a background check is relatively simple. You’ll need to go to an authorized fingerprinting location and have your fingerprints taken. Once that’s done, you’ll submit the completed fingerprint card and background check form to the commission.

Once the commission has received your fingerprints and background check, they’ll review your file and determine whether or not you’re eligible for licensure. If everything looks good, then you’ll be issued your license and can start practicing real estate in Arkansas.

6. Complete required pre-licensing courses

If you want to get an Arkansas real estate license, you’ll need to complete a series of pre-licensing courses. These courses will help you learn about the industry and the laws that govern it. Some of the required courses include:

  • Real Estate Principles and Practices
  • Land Use and Zoning
  • Business Law for Real Estate Professionals
  • Real Estate Finance

You can find more information on the Arkansas Division of Real Estate website.

How To Get A Real Estate License In Arkansas In 2022?

7. Pick a company to work for

If you’re interested in becoming a licensed real estate agent in Arkansas, your best bet is to choose a company that can provide you with the necessary education and experience. Here are three companies that we think would be a great place to start:

  • RE/MAX Elite. This company provides its agents with both formal education and hands-on experience through its nationwide network of offices.
  •  Coldwell Banker Residential Brokerage. This company offers an intense 12-week residential real estate training program that prepares students for the licensing exam.
  • Keller Williams Realty (Arkansas). This company has an extensive network of offices throughout Arkansas, as well as plenty of experience working with real estate agents who are seeking licensure.

Frequently Asked Questions

How much do real estate agents make in Arkansas?

The average real estate agent in Arkansas makes $37,500 per year. The top 10% of agents make an average of $73,000 per year, while the bottom 10% make an average of $19,000 per year. The median commission for a home sale in Arkansas is 3.5%.

How long does it take to get a real estate license in Arkansas?

In Arkansas, the process of getting a real estate license can take anywhere from a few weeks to several months. The first step is to complete an accredited real estate education program. Once you have completed the educational requirements, you will need to pass both the state and national examinations. After passing the exams, you will be required to submit fingerprints and a background check to the Arkansas Real Estate Commission. Once you have met all of the requirements, you will be issued your license.

How much does it cost to retake the real estate exam in Arkansas?

How To Get A Real Estate License In Arkansas In 2022?

To retake the real estate exam in Arkansas, you must first contact the Arkansas Real Estate Commission. The commission will then provide you with a list of approved real estate schools. Once you have chosen a school, you will need to pay a reexamination fee. The fee is $60 for a first-time retake and $30 for each subsequent retake. In addition to the fees, you will also be required to complete 16 hours of continuing education courses.

How can you get your real estate license in Arkansas?

To get your real estate license in Arkansas, you must complete the following steps:
1) Complete an accredited 60-hour pre-license course.
2) Pass the Arkansas Real Estate Exam with a score of 75% or higher.
3) Submit a License Application to the Arkansas Real Estate Commission along with the required fees.
4) Complete a fingerprint-based background check.
5) Once you have met all of the requirements and your application has been approved, you will be issued your real estate license.

How can you apply for a license after an exam in Arkansas?

If you completed an Arkansas state licensing exam, you can apply for a license within 30 days of the test date. To apply, you’ll need to provide your name, date of birth, social security number, driver’s license number, and state-issued ID. If you’re applying for a professional license, you’ll also need to provide evidence that you meet the requirements of the profession. You can find more information on the Arkansas Department of Finance website.

Where can I take a real estate exam in Arkansas?

How To Get A Real Estate License In Arkansas In 2022?

There are a few places you can take a real estate exam in Arkansas. You can either go to a school that offers the course or you can take the exam online. If you want to take the exam online, you will need to find a site that offers the service. Once you have found a site, you will need to create an account and pay the fee. After you have paid the fee, you will be able to access the course material and take the exam.

What is Real Estate License Reciprocity?

Real estate license reciprocity is a policy in many states that allows real estate professionals with licenses in another state to work in that state without having to take the licensing examination again. Licensing reciprocity is a way to make it easier for real estate professionals to get licensed in other states and to keep the licensed workforce consistent across the country. 
For a state to offer real estate license reciprocity, the state must have legislation authorizing it. Currently, 27 states have this type of legislation on their books. Real estate license reciprocity allows licensed professionals from other states to work in those states without first taking any licensing examinations or having any special experience requirements.
Licensed professionals from other states can still be subject to local laws and regulations governing real estate practice.

What are the requirements for taking the Arkansas Real Estate License Exam?

To take the Arkansas Real Estate License Exam, you must be at least 18 years old and have a high school diploma or equivalent. You must also complete an approved real estate pre-license course that consists of at least 60 hours of instruction. Once you have completed the course, you will need to pass a background check and submit a fingerprint card to the Arkansas Real Estate Commission.

How long does it take to get a real estate license in the state of Arkansas?

To become a licensed real estate agent in the state of Arkansas, one must complete a 60-hour pre-license course approved by the Arkansas Real Estate Commission. Once the course is completed, the student must then pass both the state and national portions of the licensing exam. The entire process usually takes around two to three months to complete.

How difficult is the Arkansas real estate exam?

The Arkansas real estate exam is difficult, and many aspiring real estate agents have found it to be their biggest obstacle in launching their careers. The test is comprehensive and covers a wide range of topics, including property evaluation, sales techniques, and market research. Candidates who can pass the exam will be well-equipped to pursue a career in real estate.

How much does it cost to go to a real estate school in Arkansas?

It can cost anywhere from $3,000 to $30,000 to attend a real estate school in Arkansas. The most important factor in determining the cost of attendance is whether the school is accredited by the state. Many non-accredited schools advertise low tuition rates, but these schools may not provide the same quality of education as accredited institutions.
The next factor to consider is whether you want to attend a full-time or part-time program. Full-time programs typically last between three and six months, while part-time programs can take up to two years to complete. Full-time programs generally cost more than part-time programs, but they also allow you to complete your education and begin working in the field sooner.
Finally, you will need to factor in the cost of living expenses while you are attending school.

Conclusion

Getting a real estate license in Arkansas is not as difficult as one might think. With the proper education and a little bit of hard work, obtaining a license is well within reach. Those interested in a career in real estate should explore the possibility of becoming licensed in Arkansas.

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