Arkansas FAQs

1. Have reached the age of majority, eighteen (18).

2. 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 [ACA Sect. 17-42-303 and Commission Regulation 4.1]

3. Pass the licensure examination.

4. Send the proper forms and fees to the Arkansas Real Estate Commission no later than ninety (90) days after passing the examination. 

1. Have reached the age of majority, eighteen (18).

2. 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 [ACA Sect. 17-42-303 and Commission Regulation 4.1]

3. 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) [ACA Sect. 17-42-303 and Commission Regulation 4.1]

4. Pass the licensure examination

5. Send the proper forms and fees to the Arkansas Real Estate Commission no later than ninety (90) days after passing the examination.

The state of Arkansas requires all Salespersons to complete 18 classroom-hours of Post-licensing during the first year of licensure.

The state of Arkansas requires all Brokers to complete 30 classroom-hours of Post-licensing during the first year of licensure.

The state of Arkansas requires 6 hours of Continuing Education to be completed annually.

The state of Arkansas requires 6 hours of Continuing Education to be completed annually.

1.  Register for the 60 Hours of Required Education
You must successfully complete 60 hours of approved real estate education, and be at least 18 years old.  Complete the 60-hour requirement with our approved education.

• Arkansas 60-Hour Real Estate Principles with Mater Exam Prep Package | $449
• Arkansas 60-Hour Real Estate Principles Course | $399

2.  Complete Your Fingerprinting and and Apply for your Real Estate License Examination
For more detailed information, go to: http://www.asisvcs.com/publications/pdf/090400.pdf

3.  Take the Arkansas and National Licensing Exam
Successfully pass both the Arkansas and National portions of the Pearson Vue Salesperson Real Estate Exam. Be prepared on exam day with our exam prep QBank.

• The Arkansas Guide to Passing the Pearson Vue Exam QBank | $99

4.  Apply for Your Arkansas State License
As a Brightwood Career Institute, powered by Kaplan Real Estate Education student, you will be confident that you are thoroughly prepared for taking the exam.

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Both formats are delivered online via the Internet but there are distinct differences with unique advantages designed with the highest level of convenience and success in mind. This page provides details on all of our course delivery formats.

We have a team of seasoned real estate professionals who develop our materials as well as teach our courses. Meet our lead instructors.

All Brightwood College and Brightwood Career Institute, powered by Kaplan Real Estate Education licensing, postlicensing and continuing education courses are submitted and approved by that state's governing body.

Each state has a different governing body that regulates real estate professionals with requirements that vary by state. To find the requirements for your state, go to your state's landing page and select 'State Requirements' from the top navigation.

Each state handles reciprocity differently. We encourage individuals who are licensed in a state and desire to become licensed in additional states to contact the target state regulator body for details. After obtaining the requirements necessary to be licensed in that state, our customer service team can assist you with matching courses to state reciprocity rules. 

What is the difference between a sales person and a broker? A real estate salesperson or broker is a professional licensed by their state to help consumers with real estate matters.  A salesperson must work under a managing or principal broker, this is the broker who is in charge of the brokerage firm.  Some states only license brokers, in that case, new brokers may be called broker associates and are required to work under a managing or principal broker. Much like a salesperson. 

A managing, principal or employing broker is a licensed broker who is in charge of a brokerage firm and the salespersons or broker associates of the firm. Typically to become a managing broker at least two years of active license experience and further course work and sometimes license exams are required.

No matter if you are a real estate salesperson, broker associate or managing broker the job is the same work with buyers, sellers, tenants and landlords to help them reach an agreement.

This video provides a simple five-question test to determine if you fit the profile.

An appraiser gives an opinion of the quality, value, or utility of a specific property. An appraisal is usually required whenever real estate is sold, mortgaged, taxed, insured, or developed. A typical appraisal might include physically inspecting the property, measuring the improvements and collecting the associated costs, preparing a site drawing, writing the physical description of the property, researching official records and deeds, finding similar properties to compare, and writing a final appraisal report.

• Make a list of brokerage firms you want to talk with. If you don't know where to start, browse real estate ads to see if some firms seem more interesting than others.
• Visit your local Chamber of Commerce or Board of REALTORS^® to find out which firms are best represented. Pay attention to television and radio advertising, billboards, and the “For Sale” signs you see in yards.
• Make appointments with the managing or principle broker of each real estate firm on your list. Larger firms may have recruiting managers.

• Ask the broker for an itemized list of startup expenses. Are you required to join local, regional, and national professional organizations? Are there recurring monthly or quarterly expenses for membership?
• Find out if advertising expenses are paid by the agency. How about “For Sale” signs and other signs? Do they provide them to agents free of charge?
• Who pays for long distance telephone calls to clients? How about photocopies, stamps, and other office-related expenses?
• Does the firm provide in-office computers and printers for real estate agent use, or are you expected to bring your own?
• Ask if the firm carries errors and omissions insurance for agents. If so, find out what's covered. Discuss the policy with an insurance carrier to make sure it's adequate.

According to Salary.com, most real estate agents earn on average between $36,566 and $47,610 annually. How much agents make depends on the number of transactions they complete, the commission paid to the brokerage, and their split with the sponsoring broker. If you are talking with a franchised agency, be sure to ask what percentage of each sales commission is deducted and sent to the franchising company. Top producers earn a lot more than the average real estate agent. Each real estate office sets its own standards for top producers, but it's probably safe to say that a top producer would need to sell at least one home a month to qualify. Mega-stars earn $200,000 and up per year. Very few real estate professionals earn a salary versus commission.

On September 3, 2015, Kaplan concluded a previously announced agreement to sell its nationally accredited schools, including Kaplan Real Estate Education, to Education Corporation of America (ECA).  This close secures the goals of both ECA and Kaplan, as each business is strengthened. This partnership continues to be a great fit and is immediately scalable while maintaining strong, career-focused education for our students.

Going forward, your Kaplan Real Estate Education courses will be offered by Brightwood College, or Brightwood Career Institute, both are divisions of ECA. You will still receive the same high-quality education you’ve come to expect from Kaplan, written and led by the same industry-leading authors and instructors.

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