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General Licensing Information

Real Estate License Examinations

The Arkansas Real Estate License Examinations are developed and administered by Pearson VUE, a National Independent Testing Company. The testing method in Arkansas is an electronic system that is PC-based which eliminates the use of paper answer sheets. The PC-based program is easy to operate. Knowledge of computers and typing is NOT required or needed. Further information about Pearson VUE and the examination process, including an Application for Examination can be found in the "Real Estate Candidate Handbook", which is available at most schools and providers of Real Estate Education.

 

Application Information

Effective January 1, 2006, the Arkansas Real Estate Commission requires all applicants for original licensure as a real estate salesperson or broker to complete a state and federal criminal background check. The federal criminal background check requires applicants to provide fingerprints on fingerprint cards provided by AREC. This requirement applies to both resident and nonresident applicants.

The Arkansas State Police conducts the criminal background check on each applicant, including an FBI check, which requires the taking of fingerprints, and submits the report to the Commission.

 

In order to process the application, the following must be received by AREC:

  • Completed Application to take the real estate examination
  • Completed fingerprint card
  • $50 application fee, $22 Arkansas criminal background check fee, and $19.25 FBI criminal background check fee. Make cashier's check or money order payable to "AREC" for a combined total of $91.25.

NOTE: AREC will now accept Applications for Real Estate License Examination prior to completion of the sixty-hour (60) pre-licensing course.

 

Timing is important. You can submit the application prior to completing the real estate education requirement. However, you must submit proof of completing the education requirement prior to receiving eligibility to sit for the real estate exam. AREC will issue the Certificate of Eligibility for Examination only after receiving both the application information and the education certificate. The criminal background reports must be received by the Arkansas Real Estate Commission before the Real Estate Commission will issue the license.

 

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.
  • 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.

Salesperson Post-License Guidelines

The AREC post-license requirement for a new salesperson is 18 classroom hours and must be taken within 12-months after the date the individual was initially licensed. For example, after paying the license fee(s) in March current year, post-license should be completed by the end of March the following year.

 

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;
  • 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; (if experience requirement was met in another jurisdiction, please furnish an official license history from that jurisdiction) or has experience acceptable to the commission in a field considered real estate related for a period of not less than twenty-four (24) months within the previous forty-eight month period immediately preceding the date of application (must submit a written history of experience for review by commission).
  • 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.

Broker Post-License Guidelines

A new broker must complete the 30 classroom hour AREC post-licensure course within 12 months after the date the individual was initially licensed.

  • Newly licensed brokers requesting status as an Executive or Principal Broker must satisfy the post licensure requirement before such status is granted.
  • Licensees whose initial license is issued as inactive and whose license remains on inactive passed the 12-month date must satisfy the post-license education requirement and all other education that may apply before the license can be issued as active.
  • Post-license education is to be completed after the initial license is issued, not before.
    A broker who completed the salesperson post-license education course within thirty-six (36) months immediately preceding the date of his initial broker license shall be credited with the eighteen (18) hour salesperson post-license course upon submission of proof of completion. Upon approval by the Commission said broker will only be required to complete twelve (12) hours in the broker course which are on subjects not covered in the salesperson course.

Continuing Education

Licensees must obtain six (6) hours of continuing education annually to renew an active real estate license for the upcoming calendar year.

For Licensees obtaining a license in the current year, satisfaction of your continuing education requirement will be required upon your second active license renewal after you are licensed.

When transferring a license from inactive to active status, continuing education hours must have been completed in the year in which the license is activated or the preceding calendar year.

 

 

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.

1. 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

2. The other state requires a minimum passing grade no lower than that required for the general part of the Arkansas examination (70), and

3. The applicant at the time of taking the Arkansas examination is licensed in the other state.


  

FAQ’s

For answers to your questions, visit the Arkansas Real Estate Commission’s web site.  http://www.arec.arkansas.gov/licensing/Pages/default.aspx

 

Reciprocal States

For more information about reciprocity, visit the Arkansas Real Estate Commission’s web site.  http://www.arec.arkansas.gov/licensing/Pages/ReciprocalStates.aspx

 

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