How do you get your real estate license in Arkansas?
How Do I get my Arkansas Real Estate License?
- Step 1: Be at Least 18 Years of Age. …
- Step 2: Register for the 60 Hours of Required Education. …
- Step 3: Complete Your Fingerprinting and Apply for your Real Estate License Examination. …
- Step 4: Take the Arkansas and National Licensing Exam.
How much does it cost to get your real estate license in Arkansas?
Applicants for a real estate salesperson license pay a license fee of $50.00 and a Recovery Fund Fee of $25.00. The fees need to be paid within 90 days after passing the real estate exams. Applicants for a real estate broker license pay a license fee of $70 and a Recovery Fund Fee of $25.00.
Is the Arkansas real estate exam hard?
Remember, the Arkansas real estate exam is hard to pass and over 50% fail the first time. Not only that, but it is expensive to try again. This course has everything you need to pass the first time at a price that is unmatched.
What is the salary for real estate agents?
The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.
What is the difference between a real estate agent and a real estate broker?
Real estate agents have a professional license to help people buy, sell, and rent real estate. … Brokers are real estate agents who have completed additional training and licensing requirements. They can work independently and hire other real estate agents to work for them.
Is the Arkansas real estate exam open book?
The state specific part of the Arkansas Real Estate Salesperson Exam is comprised of 30 questions. An examinee must answer 21 questions correctly to pass (70% correct). The time allowed for the Arkansas Real Estate Salesperson Exam is 4 hours. … The test is closed book.
How many questions are on the Arkansas real estate exam?
The salesperson exam consists of two portions, the national portion and the Arkansas State Law portion. There are 85 national questions and 40 State Law questions. The broker exam consists of only one portion with 130 questions. There can be 5-10 “Pre-Test” questions in each category.
Can a felon get a real estate license in Arkansas?
Background check information:
Arkansas Real Estate Commission is charged with the duty of protecting the public’s health, safety and welfare. Prior to January 1, 2020, Arkansas law has prohibited AREC from issuing a license to anyone convicted of a felony or other certain crimes considered a danger to the public.