How much does it cost to get your real estate license in Arkansas?

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

You must successfully complete 60 hours of Arkansas Real Estate Commission (AREC)-approved real estate education. You can complete the 60-hour requirement with our approved education. Select the course that’s right for you on the Arkansas Salesperson Licensing Course page.

How difficult is the Arkansas real estate exam?

As noted by the Arkansas Real Estate Commission (AREC), you need a score of (70) to pass this exam. Nearly half of all applicants fail the test. Fortunately, you can pass on your very first attempt. With our real estate test guides, students pass official licensure exams more than 95 percent of the time.

How do you become a real estate agent in Arkansas?

Broker applicants must complete sixty (60) hours of real estate education, of which forty-five (45) hours must be the Commission developed Broker Pre-License Education course, from an accredited post secondary school or a school or organization licensed by the Arkansas Real Estate Commission within 36 months …

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How much do realtors license cost?

Real estate examination and licensing fees

These will cost about $100 altogether. The actual state exam fee will vary, but it is generally less than $50. Then you will pay about $150 for the license itself.

How long is Realtor school?

On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.

How do I pass the Arkansas real estate exam?

7 Tips for Passing the Arkansas Real Estate Exam

  1. Answer what you know first. …
  2. Don’t overthink the questions. …
  3. Read the questions word for word. …
  4. Don’t second-guess yourself. …
  5. Hone in on key terms in a question to get unstuck. …
  6. Guess rather than leave a question unanswered.

Is the Arkansas real estate exam open book?

The test is closed book. You are permitted to bring a simple functioning calculator for the 10% of the test that involves math. The exam is scored immediately after finishing. Remember to bring two forms of ID to the exam site, as well as your exam authorization from the Arkansas real estate commission.

How many times can you take the Arkansas real estate exam?

Can I take it again? Yes, you can! You have six months to pass the Arkansas state licensing exam once you take it the first time. Your retakes are unlimited within this window, but you’ll pay the exam fee each time you retest.

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Is the Arkansas real estate exam multiple choice?

Is the Real Estate Licensing Exam multiple choice? Yes. In general, you should expect 60-80 state-specific multiple choice questions, and around 80-100 multiple choice questions on general real estate concepts.

How long do you have to take real estate exam after course in Arkansas?

Applicants have three (3) years to pass the state exam after completing the pre-licensing course. If you miss the deadline, you must retake the course. AREC accepts applications for the Real Estate License Examination prior to completion of the sixty-hour (60) pre-licensing course.

What does a broker do?

A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.

Can a felon be a real estate agent in Arkansas?

If you have prior convictions on your record, don’t worry. You may still be able to pursue a career as a real estate agent by providing additional documentation.

What states allow felons to get a real estate license?

States Allows Felony on Real Estate License Supplemental Form
Arkansas Yes Waiver required in most cases

Is being a real estate agent worth it?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

Can you be a part-time realtor?

Yes, you can be a part-time real estate agent. The process of becoming a part-time agent is almost exactly the same as for people training to become a full-time agent. The only difference is that some brokerages typically won’t hire people who work part-time.

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Do you have to go to college to be a real estate agent?

You don’t need a college degree to become a real estate agent in most states. A degree or certificate program can help you learn skills that you’ll use while on the job, but it’s not required. In fact, there are only a few things required to become a real estate agent in each state.