How much do Realtors make in Arkansas?

Do Realtors make good money in Arkansas?

12% of jobs $1,016 is the 25th percentile. Wages below this are outliers. 7% of jobs $1,694 is the 75th percentile.

What are Top 10 Highest Paying Cities for Licensed Real Estate Agent Jobs in Arkansas.

City Fort Smith
Annual Salary $67,572
Monthly Pay $5,631
Weekly Pay $1,299
Hourly Wage $32.49

Do Realtors make good money?

According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.

Where do Realtors get paid the most?

10 States Where Real Estate Agents Earn The Most Money

Rank State 2017 Mean Annual Wage
1 New York $102,310
2 Texas $72,480
3 Hawaii $72,470
4 Alaska $71,030

How long does it take to become a real estate agent in Arkansas?

Successfully 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 postsecondary school or a school or organization licensed by the Arkansas Real Estate Commission within 36 months immediately preceding …

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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 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 …

Is real estate School Hard?

Real estate school is quite challenging. Many states require 90+ hours of in-classroom or online learning followed by a timed exam with 120 questions or more. Still, it’s rarely the difficulty of real estate school that causes people to fail, but mistakes during preparation.

How much do Million Dollar Listing agents make?

In real estate, commission is negotiable, but it typically hovers around 6% per sale. Of course, that’s split between the two agents (and a portion of that percentage goes to the brokerage, too), but when all is said and done, a $10 million home sale will usually result in somewhere upward of $180,000 to each agent.

Is real estate easy?

Key Takeaways. 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.

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What is the highest paying real estate job?

The 6 Highest Paying Real Estate Careers with Good Salaries

  • Home Inspector. If you already have a good main job and are looking for a part-time gig to maximize your income, you can work as a home inspector. …
  • Real Estate Lawyer. …
  • Real Estate Broker. …
  • Commercial Real Estate Agent. …
  • Property Manager. …
  • Corporate Real Estate Manager.

What is the highest paying job?

Highest-Paying Careers

Rank Occupation 2020 Median wages
Annual
1 Anesthesiologists $100.00+
2 General Internal Medicine Physicians $100.00+
3 Obstetricians and Gynecologists $100.00+

How do real estate agents get rich?

There are two primary ways for real estate agents to get rich. The first way is to build a business with value that can be sold for an attractive price. The second way is to focus on converting commission income into wealth. I believe it’s important to do both at the same time.

How hard is the real estate exam in Arkansas?

What score do I need to pass the Arkansas real estate exam? In order to pass the Arkansas real estate exam, you’ll need a score of at least 70%. Passing the exam is much easier (and less stressful) for anyone who has completed Exam Prep courses.

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

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.