Real Estate

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The following is all the information needed for obtaining a salesperson license and how@ Home Prep can help pass the state exam!

License Education:

Pre-licensing

  • 60 hours of prelicensing courses

Post Licensing

  • 18 hours of post licensing course work
Continuing Education:
  • 6 hours of continuing education every year 
Other Requirements:
  • Must be 18 years old
  • Undergo a criminal background check
Applications: Contact the state of Arkansas  (501) 683-8010 for an application. The application fee is $50.
Reciprocity

The Arkansas Real Estate Commission has entered into reciprocal agreement with the following states:

  • Alabama
  • Colorado
  • Florida
  • Georgia
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Mississippi
  • Missouri
  • Nebraska
  • New York
  • North Carolina
  • Ohio
  • Oklahoma
  • Pennsylvania
  • South Dakota
  • Tennessee
  • Washington
  • West Virginia
Examinations:
  • The exam is administered by Amplified Measurement Professionals (913) 895-4600
  • The exam fee is $75
  • The exam is divided in to two sections, state and general sections with a 3 1/2 hour time limit
  • Topics on the general portion of the exam include Real property characteristics, definitions, ownership, restrictions, transfer, property valuation and the appraisal process, contracts and agency relationships with buyers and sellers, property conditioned and disclosures, federal laws governing real estate activities, financing the transaction and settlement, brokerage options
  • Topics on the state portion of the exam include duties and powers of the real estate commission, license requirements, requirements governing activities of licensees, brokerage relationships in real estate transactions act, penalties for violation
Helpful Books:
  • Real Estate Fundamentals, 6th Edition
  • Modern Real Estate Practices, 16th Edition
  • Real Estate Law, 5th Edition
  • Marketing Real Estate, 3rd Edition
How We Can Help: