Arkansas Real State Requirements
Salesperson Licensing 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 [ACA Sect. 17-42-303 and Commission Regulation 4.1];
- 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.
- Post-license Education
Broker Licensing Requirements
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 [ACA Sect. 17-42-303 and Commission Regulation 4.1];
- 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]
- 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.
- Post-license Education
Out of State Licensing Requirements
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.
- 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
- The other state requires a minimum passing grade no lower than that required for the general part of the Arkansas examination (70), and
- The applicant at the time of taking the Arkansas examination is licensed in the other state. [Commission Regulation 4.2 (d)]
The Commission, after review, will notify all applicants who are qualified to take only the Arkansas Law Portion of the Examination.
Post Licensing Requirements
New Brokers and Salespersons are required to complete Post-License education within the first year of issuance of the license. Brokers must complete up to 30 classroom hours and Salespersons 18 classroom hours. The Commission establishes the course content. If the Post-License requirement is not completed within the first year of issuance of the license the license will be placed on inactive status until completed. All post license education must be conducted by actual classroom attendance.
Continuing Education Requirements
Licensees must obtain six hours of continuing education annually to renew an active real estate license for the upcoming calendar year. Renewal for the upcoming year must be completed by September 30th of the current year to avoid penalty. After, September 30th, renewal can be completed with a penalty assessed. If an active license is not renewed for the upcoming calendar year prior to December 31st of the current year, the license will automatically become expired on January 1st.