puffin
04-28-2006, 01:53 PM
Real Estate License Requirements
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) classroom hours must be in the basic principles of real estate, from an accredited postsecondary school or a school or organization licensed by the Arkansas State Board of Private Career Education [ACA Sect. 17-42-303 and Commission Regulation 4.1];
pass the licensure examination; and
send the proper forms and fees to the Arkansas Real Estate Commission no later than ninety (90) days after passing the examination.
Post-license Education (http://www.state.ar.us/arec/brokercourse.html#Education) Broker applicants must:
have reached the age of majority, eighteen (18);
successfully complete sixty (60) classroom hours of real estate education of instruction in real estate principles, license law, and commission regulations from an accredited postsecondary school or a school or organization licensed by the Arkansas State Board of Private Career Education within thirty-six (36) months immediately preceding the date of the application [ACA Sect. 17-42-303 and Commission Regulation 4.1];
have been licensed as an active real estate salesperson or broker 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; however, upon written request such experience requirement may be waived for a real estate broker applicant who has held an active real estate broker license for a period of not less than eighteen (18) months; [ACA Sect. 17-42-303 and Commission Regulation 4.1]
pass the licensure examination; and
send the proper forms and fees to the Arkansas Real Estate Commission no later than ninety (90) days after passing the examination.
Post-license Education (http://www.state.ar.us/arec/brokercourse.html#Education)Applicants currently licensed in another state:
An applicant 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.
Has passed a uniform, general, or multi-state part of an examination for a real estate license in another state in which the examination is determined by the 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 (70), and
The applicant at the time of taking the Arkansas examination is licensed in the other state. [Commission Regulation 4.2 (d)]The Commission, after review, will notify all applicants who are qualified to take only the Arkansas Law Portion of the Examination. FEES
The fees send in a Cashier's Check or Money Order to take the Real Estate Examination are as follows: $50. - application fee payable to AREC
$20. - State background check fee payable to AREC sent with application $24. - Federal background check fee payable to ASP (Arkansas State Police) These fees must be included with your application and fingerprint card.
$75. - examination fee payable to ASI, the testing company, which is paid at the test center Upon successfully completing the Salesperson or Broker Examination, the fees are as follows: $50. - original salesperson license fee $70. - original broker license $25. - one time Recovery Fund Fee is required for each NEW licensee These fees are payable to AREC within ninety (90) days of the date you pass the examination.
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) classroom hours must be in the basic principles of real estate, from an accredited postsecondary school or a school or organization licensed by the Arkansas State Board of Private Career Education [ACA Sect. 17-42-303 and Commission Regulation 4.1];
pass the licensure examination; and
send the proper forms and fees to the Arkansas Real Estate Commission no later than ninety (90) days after passing the examination.
Post-license Education (http://www.state.ar.us/arec/brokercourse.html#Education) Broker applicants must:
have reached the age of majority, eighteen (18);
successfully complete sixty (60) classroom hours of real estate education of instruction in real estate principles, license law, and commission regulations from an accredited postsecondary school or a school or organization licensed by the Arkansas State Board of Private Career Education within thirty-six (36) months immediately preceding the date of the application [ACA Sect. 17-42-303 and Commission Regulation 4.1];
have been licensed as an active real estate salesperson or broker 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; however, upon written request such experience requirement may be waived for a real estate broker applicant who has held an active real estate broker license for a period of not less than eighteen (18) months; [ACA Sect. 17-42-303 and Commission Regulation 4.1]
pass the licensure examination; and
send the proper forms and fees to the Arkansas Real Estate Commission no later than ninety (90) days after passing the examination.
Post-license Education (http://www.state.ar.us/arec/brokercourse.html#Education)Applicants currently licensed in another state:
An applicant 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.
Has passed a uniform, general, or multi-state part of an examination for a real estate license in another state in which the examination is determined by the 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 (70), and
The applicant at the time of taking the Arkansas examination is licensed in the other state. [Commission Regulation 4.2 (d)]The Commission, after review, will notify all applicants who are qualified to take only the Arkansas Law Portion of the Examination. FEES
The fees send in a Cashier's Check or Money Order to take the Real Estate Examination are as follows: $50. - application fee payable to AREC
$20. - State background check fee payable to AREC sent with application $24. - Federal background check fee payable to ASP (Arkansas State Police) These fees must be included with your application and fingerprint card.
$75. - examination fee payable to ASI, the testing company, which is paid at the test center Upon successfully completing the Salesperson or Broker Examination, the fees are as follows: $50. - original salesperson license fee $70. - original broker license $25. - one time Recovery Fund Fee is required for each NEW licensee These fees are payable to AREC within ninety (90) days of the date you pass the examination.