Question: How much does it cost to get a real estate Licence in Arkansas?

How long does it take to get a real estate license in the state of Arkansas?

Complete application and background check for examination, including finger printing and applicable fees of $86.25. Approximate wait time is about 2 weeks. Secure a Broker firm to hang and activate your license. The fee for license activation is $75.00 and must be completed within 90 days of passing exam.

How much does the Arkansas real estate exam cost?

The Arkansas real estate exam will cost students $75. There are other fees associated with licensing, but you can expect the test alone to cost this much.

What does it take to become a real estate agent in Arkansas?

Broker applicants must complete sixty (60) hours of real estate education, of which forty-five (45) hours must be the Commission developed Broker Pre-License Education course, from an accredited post secondary school or a school or organization licensed by the Arkansas Real Estate Commission within 36 months …

Is the Arkansas real estate exam hard?

Remember, the Arkansas real estate exam is hard to pass and over 50% fail the first time. Not only that, but it is expensive to try again. This course has everything you need to pass the first time at a price that is unmatched. If you truly want to hurry up and pass the exam, enroll in our course right now.

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How long is Realtor school?

On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.

How do Realtors get paid?

Many real estate agents are paid a weekly wage, which builds up between sales. They don’t earn any of their commission until it exceeds what they’ve earned in payments – kind of like a ‘wage debt’.

What’s the difference between real estate agent and broker?

Real estate agents have a professional license to help people buy, sell, and rent real estate. … Brokers are real estate agents who have completed additional training and licensing requirements. They can work independently and hire other real estate agents to work for them.

Do real estate agents make a base salary?

Do Real Estate Agents Get Paid a Base Salary? Most real estate agents are paid on a commission-only basis. But certain agents—including those who are employed by companies like Redfin—get a base salary plus bonuses.

Is real estate good career?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

How many questions are on the Arkansas real estate exam?

The salesperson exam consists of two portions, the national portion and the Arkansas State Law portion. There are 85 national questions and 40 State Law questions. The broker exam consists of only one portion with 130 questions. There can be 5-10 “Pre-Test” questions in each category.

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