How to Get an Arkansas Real Estate License: Step-by-Step Guide

If you're thinking about becoming an Arkansas real estate agent, you're in the right place! 

Getting your Arkansas real estate license opens up new career opportunities and provides a chance to earn a rewarding income while helping people find their dream homes. 

This step-by-step guide will walk you through everything you need to know about how to get an Arkansas real estate license, the requirements, costs, and more.

How to Get Your Real Estate License in Arkansas

To become a licensed real estate agent in Arkansas, you must follow a series of steps outlined by the Arkansas Real Estate Commission. Below, we break down each step in detail to help you understand what you need to do to start your real estate career in the state.

Step 1: Meet the Basic Requirements

To get started, make sure you meet the basic requirements. You must be:

• at least 18 years old
• have a high school diploma or GED
• be a U.S. citizen or legal resident

Step 2: Complete 60 Hours of Pre-Licensing Education

The next step to getting your Arkansas real estate license is completing 60 hours of approved pre-licensing education. 

This course covers essential topics to ensure you have a solid foundation in real estate principles and Arkansas-specific regulations. 

The major topics covered in the course include:

• Basic Principles of Real Estate: The 60-hour pre-licensing course must include 30 hours of Basic Principles of Real Estate.
• Real Estate Law and Practice: An introduction to real estate laws, regulations, and ethical practices.
• Property Ownership and Land Use Controls: Understanding property rights, types of ownership, and government regulations.
• Contracts and Agency Law: A comprehensive look at real estate contracts, agency relationships, and duties.
• Real Estate Finance and Economics: Fundamentals of real estate financing, mortgages, and economic factors affecting the market.
• Real Estate Math: Practical math skills necessary for calculating property values, mortgage payments, and more.

At the end of the course, you will receive a completion certificate, which you’ll need to submit when registering for the Arkansas real estate exam.

Step 3: Apply for the Arkansas Real Estate Exam

Once you’ve completed your pre-licensing education, the next step is to apply for the Arkansas real estate exam. 

This step is crucial because it confirms your eligibility to take the exam. Here’s how to apply for the exam:

1. Gather the required materials: You’ll need your pre-licensing course completion certificate, a completed application form, and the required application fee.
2. Complete the application: Fill out the Arkansas Real Estate Examination Registration form. This can be downloaded from the Arkansas Real Estate Commission’s website. Ensure all information is accurate and up to date.
3. Submit your application: Send your completed application, along with the application fee and any additional documents, to the Arkansas Real Estate Commission. You can submit the application online through the AREC website or mail it to the commission's office.

Once your application is approved, you’ll receive an Authorization to Test (ATT) notice, which allows you to schedule your exam date.

Step 4: Pass the Arkansas Real Estate Exam

Once you’ve completed your pre-licensing education, you’re ready to take the Arkansas real estate exam. This exam is administered by Pearson VUE and consists of two parts: a national portion and a state-specific portion.

The exam consists of 80 questions in the national section and 30 questions in the state-specific section. You will have a total of 4 hours to complete both portions of the exam. You’ll need to score a minimum of 70% on both sections to pass.

To help you prepare, consider investing in an exam prep package. Our Arkansas exam prep package includes practice questions, simulated exams, vocabulary and flashcards, crash course videos, and state-specific materials to ensure you’re confident on exam day.

Step 5: Submit a Background Check and Application

After passing the exam, you’ll need to submit your fingerprints and complete a background check. 

The Arkansas Real Estate Commission will review your criminal record to ensure that you meet the standards of honesty, trustworthiness, and integrity required to work as a real estate agent. 

Once your background check clears, you can submit your application and required fees to the commission.

Step 6: Find a Sponsoring Broker

Before you can activate your license and start working as an Arkansas real estate agent, you must find a sponsoring broker to oversee your work. 

Look for a broker who aligns with your career goals and can provide the necessary mentorship and support. 

Once you’ve found a broker, they will help you file your license activation with the state.

Step 7: Activate Your Arkansas Real Estate License

Once you’ve completed all the steps above, you’re ready to activate your license. 

The Arkansas Real Estate Commission will issue your official real estate license, allowing you to start working as a licensed Arkansas real estate agent.

FAQs About Getting a Real Estate License in Arkansas

Before starting your journey to become a real estate agent in Arkansas, you probably have some questions. Below are the answers to the most common FAQs.

How Much Do Arkansas Real Estate Agents Make?

The income of an Arkansas real estate agent can vary widely depending on factors like experience, market conditions, and effort. According to the latest data, the average annual income for Arkansas real estate agents is around $42,568. Top agents can earn significantly more, especially if they focus on high-value properties or specialize in commercial real estate.

How Much Does an Arkansas Real Estate License Cost?

The cost of obtaining your Arkansas real estate license typically includes pre-licensing education fees, exam fees, background check fees, and the license application fee.

• Pre-Licensing Education Fees: $250 - $400
• Exam Fees: $75
• Background Check Fees: $50 - $75
• License Application Fee: $50 - $100

On average, you can expect to spend between $500 and $800 to get your Arkansas real estate license. Some real estate schools offer package deals that can help lower costs by bundling courses and exam prep materials.

Is Becoming a Real Estate Agent in Arkansas Worth It?

Becoming a real estate agent in Arkansas can be a lucrative and fulfilling career choice, especially if you enjoy working with people and have a passion for real estate. The flexibility to set your own hours and the potential for a high income make this career path attractive for many.

What Should I Know Before Becoming a Real Estate Agent?

Before becoming an Arkansas real estate agent, it’s essential to understand that this career requires dedication, patience, and a willingness to continually learn. Real estate can be challenging, especially for new agents, but with persistence, the rewards can be substantial. It’s also important to research local market trends to position yourself as an expert in the area.

Can I Get an Arkansas Real Estate License if I’m Already an Agent in Another State?

Yes, Arkansas has reciprocity agreements with several states. If you’re already a licensed real estate agent in another state, you may be eligible to apply for an Arkansas real estate license through a streamlined process. Be sure to check the Arkansas Real Estate Commission’s requirements for out-of-state agents to see if you qualify.

How Often Do I Renew My Arkansas Real Estate License?

In Arkansas, real estate licenses must be renewed every year. You will need to complete 7 hours of continuing education each year to keep your license active. Make sure you complete the required courses on time to avoid any lapses in your license.

What Should I Do After Getting My Arkansas Real Estate License?

Once you’ve obtained your license, focus on building your client base and gaining experience. Consider joining a real estate team or seeking mentorship from an experienced broker. You should also start investing in marketing efforts like creating a professional website, networking with other agents, and establishing a strong social media presence.

Final Thoughts on Getting a Real Estate License in Arkansas

Getting your real estate license in Arkansas is the first step toward a rewarding and flexible career. 

By following the steps outlined in this guide and partnering with the right brokerage, you’ll be well on your way to success. 

If you’re ready to start your journey, consider enrolling in our comprehensive real estate program to get all the tools and support you need to pass your exam and launch your career.

Ready to get started? Join our Arkansas Real Estate License Program today!