How To Become A Licensed Real Estate Broker in Arkansas
With the housing market well on the way to complete recovery, many licensees are making the move to become a real estate broker in Arkansas. After all, one of the benefits of a forming a career in real estate is the control it allows you in shaping your personal success. The step towards becoming a broker is the beginning of an exciting new chapter in the life of a real estate professional. There is no need to wait for a promotion. A real estate licensee is able to simply make the decision to sign up for broker training and the state exam. Once this decision has been made, it may be only a matter of weeks before you are working as an Arkansas broker. Real estate sales associates in Arkansas who are ready to take the next step in their real estate careers can begin the process of becoming a licensed real estate broker by completing the state’s requirements for licensure.
Arkansas Real Estate License Requirements
- Are you 18? If yes, you can apply for the real estate license exam in Arkansas;
- Also, you have to complete 60 classroom hours of real estate principles and main concepts;
- You must be licensed as an real estate broker or salesperson for 2 years before you apply for the exam
- Then, you are able to pass the licensure exam in Arkansas.
Real Estate Broker Licensure Exam in Arkansas There are 2 parts in Arkansas Real Estate Salesperson Exam. The first part is called national part. The second part is called state specific part. The national part consists of 80 questions, answer 56 questions correctly and you will be allowed to pass the next part of the Exam. 4 hours are provided for you to answer 80 questions. The next part – state specific – consists of 30 questions. Make sure you answer 21 of them. 4 hours are provided for you.
Real Estate Salesperson Exams in Arkansas are administered by Pearson VUE at www.pearsonvue.com.
If you successfully pass the first part of the exam, you can pass the second part during 6 months.
The Arkansas Real Estate Salesperson exams are taken on a computer. You can’t take anything with you to the exam room, only simple functioning calculators are allowed. You will see your results right after you finish it.
Don’t forget about 2 forms of ID to take with you, as well as your exam authorization from the Arkansas real estate commission.
You will have to pay $75 of the registration fee to take the Arkansas Real Estate salesperson exam.
Real Estate Broker Software
The Right Tools The most professional real estate workers often require software to efficiently sort through paper work. It has been pointed out that good software such as Brokermint can transform a real estate business for the better. Back office software should be able to create a consistent and manageable flow from lead generation to closing and accounting. It should be able to cross integrate with Contact Management systems (CRM), MLS and Accounting Packages. The main goal of this type of software is to help real estate experts save time managing day-to-day operations, get instant visibility on production data and remain in compliance with regulations.
Software like Brokermint perfectly fits for small companies that recently started their real estate business.
There are other tools that are useful to real estate agents. Having a strong social media presence through sites such as Facebook or LinkedIn can come in very handy in attracting potential customers. Also consider using Zillow and Trulia. These websites help track information on available real estate properties in local areas. Be sure to familiarize yourself with the kinds of tools that real estate brokers need to work in the field. It is a necessity to feel prepared in this business.
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