The Real Estate License Professor

HOW TO OBTAIN AN ARKANSAS REAL ESTATE LICENSE

In the State of Arkansas , exams, licensing, and continuing education for real estate agents are governed by the Arkansas Real Estate Commission.

Arkansas provides two basic real estate licenses, a broker's license and a salesperson's license. Generally, a salesperson's license allows the holder to sell real estate only under the auspices of a licensed broker. (Salesperson's licenses are generally what people refer to when they say they have a real estate license.)

To obtain the salesperson's license, a person 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 post secondary school or a school or organization licensed by the Arkansas State Board of Private Career Education
• pass the licensure examination
• Send the proper forms and fees to the Arkansas Real Estate Commission no later than ninety (90) days after passing the examination

To obtain the broker's license, a person 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 post secondary 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
• 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
• pass the licensure examination
• send the proper forms and fees to the Arkansas Real Estate Commission no later than ninety (90) days after passing the examination

Arkansas has reciprocal agreements with:

1. Alabama
2. Colorado
3. Florida
4. Georgia
5. Indiana
6. Iowa
7. Kansas
8. Kentucky
9. Louisiana
10. Mississippi
11. Missouri
12. Nebraska
13. New York
14. North Carolina
15. Ohio
16. Oklahoma
17. Pennsylvania
18. South Dakota
19. Tennessee
20. Washington State
21. West Virginia

Anyone holding licenses from any of these states may apply for a reciprocal license, and may be able to forego some classroom work and other requirements.