How hard is it to get a real estate license in Arkansas?

In order to pass the Arkansas real estate exam, you’ll need a score of at least 70%. Passing the exam is much easier (and less stressful) for anyone who has completed Exam Prep courses.

How hard is the Arkansas real estate exam?

As noted by the Arkansas Real Estate Commission (AREC), you need a score of (70) to pass this exam. Nearly half of all applicants fail the test. Fortunately, you can pass on your very first attempt. With our real estate test guides, students pass official licensure exams more than 95 percent of the time.

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

You must successfully complete 60 hours of Arkansas Real Estate Commission (AREC)-approved real estate education. You can complete the 60-hour requirement with our approved education. Select the course that’s right for you on the Arkansas Salesperson Licensing Course page.

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How much does it cost to get real estate license in Arkansas?

All real estate classes in Arkansas must be actual classroom courses, not correspondence courses. Applicants for a real estate salesperson license pay a license fee of $50.00 and a Recovery Fund Fee of $25.00. The fees need to be paid within 90 days after passing the real estate exams.

Is getting your real estate license difficult?

It takes hard work, dedication, and perseverance to become a successful real estate agent. To become an agent, you must take classes, pass a test, and find a broker to work for. Once you get your license, the work is not over. You must learn to sell houses, which they do not teach in real estate school.

Is the Arkansas real estate exam open book?

An examinee must answer 21 questions correctly to pass (70% correct). The time allowed for the Arkansas Real Estate Salesperson Exam is 4 hours. Generally, first time applicants must first submit an application to the Arkansas real estate commission before being authorized to take the test. … The test is closed book.

How much do Realtors make in Arkansas?

How Much Real Estate Agents Make In Each State

State 2017 Mean Annual Wage 2016 Mean Annual Wage
Arkansas $41,660 $34,190
California $68,860 $65,790
Colorado $63,320 $72,480
Connecticut $45,230 $46,120

What does real estate school cost?

On average, real estate school costs between $100 and $900, though your costs will vary by state and school. What is this? Online real estate courses are often priced a little differently than on-campus classes, and some are available in a video-only format, which can save you money on textbooks.

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How many hours do you need to become a real estate agent?

The hours required to get your license will vary from 45 hours to 75 hours depending on the state. Most of these courses can be completed in a couple of weeks followed by a state real estate exam you will have to pass in order to get your license.

What classes do I need to take to become a real estate agent?

These are some of the best classes to take to improve your skills and potential as a real estate agent:

  1. Anything real estate-related. This probably goes without saying, but consider taking any class that’s directly related to real estate. …
  2. Economics. …
  3. General business courses. …
  4. Marketing and advertising. …
  5. Psychology.

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.

Why I quit being a real estate agent?

Most new real estate agents quit their first year because of the emotional toll of “fear of failure” and rejection. Nobody likes to feel rejected. Rejection is part of the job but remember that people are not rejecting you. They are rejecting the notion of buying or selling at that time.

Can you be a part time realtor?

Yes, you absolutely can be a part-time real estate agent with a full-time job, as long as you employ excellent time management skills and don’t mind being busy. The most popular open house times are evenings and weekends because most people looking to buy or rent a new home likely also work a 9-5 schedule.

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Is real estate a good career in 2021?

Being a real estate agent in 2021 will open up a lot of opportunities. Despite the deep changes that have taken place, the market will continue to grow. Agents will be able to cope with the new landscape and thrive with the right training and exposure.