When is a real estate license required in Arkansas?
A real estate salesperson license is required to represent a buyer or seller in a real estate transaction and earn a commission or compensation for the services. This includes listing, selling, purchasing, leasing, lease options, and renting of real property. In addition, a license enables the holder to advertise and market real estate properties and their services. A salesperson license is not required to sell or buy your own home.
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An AR real estate salesperson license allows you to legally earn a commission or other compensation by representing sellers and buyers in the sale, purchase, listing, exchange, leasing, renting, or leasing option on any real property, or timeshare. You must be supervised by a broker and be affiliated with a brokerage.
A real estate salesperson license is required to represent a buyer or seller in a real estate transaction and earn a commission or compensation for the services. This includes listing, selling, purchasing, leasing, lease options, and renting of real property. A license enables the holder to advertise the properties.
You need to fill out a real estate license transfer form and return it with a $30 fee. The form has three parts, one for your terminating broker, one for you to complete, and one for your new broker.