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”The Works Deluxe” package not only increases your likelihood of exam success, but gives you the tools you need to succeed in your career as a Real Estate agent.
Package Includes:
1. Arkansas 60-Hour Sales Pre-licensing Course (online): Real Estate Principles, Practices, Arkansas License Law.
2. National Real Estate Exam Prep (online): This is comprised of the major testing formats found in real estate state exam testing and includes the ten crucial topics found on all testing service exams as well as the majority of state exams. Additional highlights include two 100-question practice exams (one for salesperson and one for broker). Our exam prep covers 1,000 questions on real estate content.
3. MathMaster (online): There's no need to be afraid of tackling math problems. The purpose of this is to give you the tools and expertise to "master" real estate math. Students will love the hands-on practice problems and detailed, clear descriptions of the purpose, use and formulas.
4. Real Estate: An Introduction to the Profession (Book): All of our pre-license courses are designed to be taken independently from any specific textbook. The online pre-licensing course covers all the required material necessary to prepare you for the Arkansas state licensing exam. The textbook included in this package is an excellent additional learning resource and is provided as a supplemental reference only.
5. National Virtual Study Program: Do you learn better in a live setting? The Virtual Study Program bridges the gap between live and online learning to give you added support of an expert instructor. Join this live 8-week webinar series to dive into national topics and help you to succeed on your real estate exam.
6. Live Instructor Support: Every course comes with the support from an industry expert that can help answer questions you many have throughout the course.
7. 5-star Customer and Technical Support: Call anytime and a caring staff—customer service, course consultants, or tech support, will be happy to answer your questions and provide the support you need.
8. Real Estate Blog Subscription: Stay up-to-date on the latest real estate industry information and valuable resources.
9. OnCourse Learning Real Estate, formerly Career Webschool Quality Guarantee: In the instance that one of our students does not pass the state exam on the first try, OnCourse Learning Real Estate, formerly Career Webschool will reimburse that student for their second state exam fee. To be eligible for reimbursement, the student must take the state exam within 1 year of completing our course and must have also passed our course exam with a grade of at least 80%.
$500.00 BUNDLE
Get our quality guarantee and exam prep!
This 60-hour package contains everything from "The Basic" package PLUS our National Real Estate Exam Prep which is comprised of the major testing formats found in state exam testing and includes the ten crucial topics found on all testing service exams as well as the majority of state exams.
Additional highlights include (2) 100 question practice exams (one for salesperson and one for broker). You can have confidence in your level of preparation knowing that, all in all, our exam prep features 1,000 questions on real estate content!
1. Arkansas 60-Hour Sales Pre-licensing Course (online): Real Estate Principles, Practices, Arkansas License Law.
2. National Real Estate Exam Prep (online): This is comprised of the major testing formats found in real estate state exam testing and includes the ten crucial topics found on all testing service exams as well as the majority of state exams. Additional highlights include two 100-question practice exams (one for salesperson and one for broker). Our exam prep covers 1,000 questions on real estate content.
3. MathMaster (online): There's no need to be afraid of tackling math problems. The purpose of this is to give you the tools and expertise to "master" real estate math. Students will love the hands-on practice problems and detailed, clear descriptions of the purpose, use and formulas.
4. National Virtual Study Program: Do you learn better in a live setting? The Virtual Study Program bridges the gap between live and online learning to give you added support of an expert instructor. Join this live 8-week webinar series to dive into national topics and help you to succeed on your real estate exam.
5. Live Instructor Support: Every course comes with the support from an industry expert that can help answer questions you many have throughout the course.
6. 5-star Customer and Technical Support: Call anytime and a caring staff—customer service, course consultants, or tech support, will be happy to answer your questions and provide the support you need.
7. Real Estate Blog Subscription: Stay up-to-date on the latest real estate industry information and valuable resources.
8. OnCourse Learning Real Estate, formerly Career Webschool Quality Guarantee: In the instance that one of our students does not pass the state exam on the first try, OnCourse Learning Real Estate, formerly Career Webschool will reimburse that student for their second state exam fee. To be eligible for reimbursement, the student must take the state exam within 1 year of completing our course and must have also passed our course exam with a grade of at least 80%.
$461.00 BUNDLE
"The Basic" package has everything you need to fulfill Arkansas's real estate education requirement to qualify to sit for the state exam to become a real estate salesperson.
As an added bonus to the mandatory 60 hours, MathMaster is also included to give you the crash course into real estate math needed to better ensure your success!
Included:
1. Arkansas 60-Hour Sales Pre-licensing Course (online): Study when and where you want with the mobile- and tablet-ready, hassle-free Sales Pre-license course. This 60-hour real estate pre-license course is an affordable, convenient way to prepare you with the knowledge needed to pass the state exam and begin a successful career in real estate. Highlights include real estate law, finance, ownership, contracts and the transfer and use of property.
2. MathMaster (online): There's no need to be afraid of tackling math problems. The purpose of this is to give you the tools and expertise to "master" real estate math. Students will love the hands-on practice problems and detailed, clear descriptions of the purpose, use and formulas.
3. Live Instructor Support: Every course comes with the support from an industry expert that can help answer questions you many have throughout the course.
4. 5-star Customer and Technical Support: Call anytime and a caring staff—customer service, course consultants, or tech support, will be happy to answer your questions and provide the support you need.
5. Real Estate Blog Subscription: Stay up-to-date on the latest real estate industry information and valuable resources.
6. OnCourse Learning Real Estate, formerly Career Webschool Quality Guarantee: In the instance that one of our students does not pass the state exam on the first try, OnCourse Learning Real Estate, formerly Career Webschool will reimburse that student for their second state exam fee. To be eligible for reimbursement, the student must take the state exam within 1 year of completing our course and must have also passed our course exam with a grade of at least 80%.
$368.00 BUNDLE
This course has everything needed to satisfy Arkansas's state education requirement for a real estate salesperson looking to qualify to take the state licensing exam. This 60-hour real estate pre-license course is an affordable, convenient way to prepare you with the knowledge needed to pass the state exam and begin a successful career in real estate.
Highlights include: Title, Leasing, Land Use & Taxation, Arkansas License Laws and Rules, Pricing Property, Contracts, Property Ownership and Real Estate Finance & Loans.
$285.00 ONLINE – SELF PACED
The Virtual Study Program is a way for you to get that added support you need from an instructor in a live webinar environment. It bridges the gap between live and online learning in order to best prepare you to succeed on your exam and in your real estate career. Eight sessions will be held weekly (two hours every Wednesday at 7 pm EST) on a specific core topic included in your licensing education.
Please note: the Virtual Study Program is non-refundable.
$199.00 ONLINE - WEBINAR
Prep xL by OnCourse Learning is a sophisticated exam prep tool that leverages adaptive learning technology to tailor study materials to meet your individual needs. Its personalized learning paths provide the optimal study experience to prepare you for the national information on your upcoming real estate license exam. This product should be used only after completion of the state pre-licensing course requirement.
Customized study plan including daily goals that adapt based on activity throughout the system.
Self-paced, comprehensive library of over 1,000 practice questions that will allow you to concentrate on specific topics based on your confidence and knowledge of the subject.
Full-length, timed exams that simulate an actual testing environment. Real-time readiness data to track your progress and identify your strengths and areas of focus.
$59.00 ONLINE – SELF PACED
The Exam Prep Toolkit: Real Estate gives you a variety of tools to help you understand and retain the knowledge needed to prepare you for national information on your real estate exam.
$99.00 BUNDLE
Math is a big part of real estate! Make sure that your skills and knowledge are up-to-date. MathMaster is designed to help you develop strong skills in real estate math--helping to ensure success on your state exam!
$59.00 ONLINE – SELF PACED
Be smart. Have confidence in yourself and your real estate knowledge. With more than 20 years in the real estate education field, we applied our research, expertise and experience to build an exam prep course comprised of the major testing formats and questions found in real estate state exam testing.This includes the ten crucial topics found on all testing service exams as well as the majority of state exams. Additional highlights include (2) 100 question practice exams (one for salesperson and one for broker). All in all, our exam prep covers 1,000 questions on real estate content.
$59.00 ONLINE – SELF PACED
Prep xL by OnCourse Learning is a sophisticated exam prep tool that leverages adaptive learning technology to tailor study materials to meet your individual needs. Its personalized learning paths provide the optimal study experience to prepare you for the national information on your upcoming real estate license exam. This product should be used only after completion of the state pre-licensing course requirement.
Customized study plan including daily goals that adapt based on activity throughout the system.
Self-paced, comprehensive library of over 1,000 practice questions that will allow you to concentrate on specific topics based on your confidence and knowledge of the subject. Full-length, timed exams that simulate an actual testing environment.
Real-time readiness data to track your progress and identify your strengths and areas of focus.
$59.00 ONLINE – SELF PACED
Fair Housing and the Americans with Disabilities Act legislation affects the business of every real estate professional. This course covers the law and how it pertains to real estate professionals, while refreshing their knowledge of the Federal Fair Housing Laws.
This course covers the prohibitions in the Fair Housing Act, how an individual can enforce the Fair Housing Act, the provisions of the Civil Rights Act of 1866 and the Fair Housing Act of 1968. It also covers the purpose and scope of the Americans with Disabilities Act (ADA) and its effects on licensees of the ADA.
$29.00 ONLINE – SELF PACED
This 1-hour online course covers methods for crime prevention for licensed real estate agents. Topics include real risks, prevention of risks in the real estate profession, and real-crime stories with analysis.
$19.00 ONLINE – SELF PACED
It’s time to get back into the real estate industry and it’s easy to do.
Complete this course to start the process to reactivate your supervising broker license in 2018. The 3-hour course highlights the responsibilities of a broker, office training and policies, and the transaction process.
This course is approved by the state of Arkansas and ARELLO.
$29.00 ONLINE – SELF PACED
Understand the money and financial transactions behind real estate. An excellent foundation course on real estate finance, this course will offer you crucial insight into promissory notes, assumptions, mortgages, financing instruments, loan practices, trust deeds, foreclosures, various types of loans, loan practices, and sources of funds. This continuing education course does not include the 2015 AREC Required Topic.
$59.00 ONLINE – SELF PACED
An excellent overview of the financial side of commercial real estate, this course begins with the history of the savings and loan business and walks you all the way up the commercial real estate industry's financing practices today. Not only does this course cover the various types of commercial property financing, it takes a deep dive into the characteristics of each. Additionally, this course covers the different approaches for investment evaluation including appraisal, property comparison, capitalization rates, and the time value of money.
$59.00 ONLINE – SELF PACED
Leases can be a huge source of commission for agents looking to pursue commercial real estate. This course offers the need-to-know information for the 3 major types of commercial leases: office, retail and industrial. Highlights include: major negotiation points, how to determine rent based on formulas, and technical concerns exclusive to industrial leases. This continuing education course does not include the 2017 AREC Required Topic.
$59.00 ONLINE – SELF PACED
Fully understand all the facets of commercial sales and tax deferred exchanges in commercial real estate. This elective course takes a deep dive into the particulars of the commercial contract, procedures for closing, and essential documentation for commercial sales. Additionally, this course contains insight into the requisites for and advantages of tax deferred exchanges.
$59.00 ONLINE – SELF PACED
This introductory course is a hands-on learning exercise explaining cost approach valuation and the methods included in calculating it. Students will learn ways to estimate depreciation and cost. The course includes various examples to ensure proper understanding and retention.
$59.00 ONLINE – SELF PACED
A great refresher in ethics, this course reviews the National Association of Realtors (NAR) Code of Ethics and fulfills the mandatory NAR Ethics Renewal Training requirement. Complete with case studies and various scenarios, students will enjoy a better understanding of what is and is not ethical for real estate professionals. Highlights include decision-making exercises designed for an in-depth understanding of application in daily real estate practice.
$29.00 ONLINE – SELF PACED
Thinking about "going green?" The prevalence of green home construction continues to expand in the U.S. Don't you want to have a better understanding of this market? This course covers various topics in both sustainable design and green home construction including waste management, lot shopping, special safety applications, site work, and building material choices.
$49.00 ONLINE – SELF PACED
What makes a green home green? Students will gain insight into different features included in green design. Highlights include water and energy efficiency, appliances, methods of controlling heat loss, how to conserve energy in a home, lighting, and renewable energy.
$59.00 ONLINE – SELF PACED
Learn all the steps included in the income approach to home and property valuation. This course dives into how to estimate rates of capitalization as well as income and expenses. Highlights include coverage of yield capitalization and direct capitalization as well as multiple examples designed specifically to help students better absorb and fully comprehend the material covered.
$59.00 ONLINE – SELF PACED
Want to understand the financial component of residential real estate better? A comprehensive overview of finance for residential real estate, this course touches on a multitude of topics including FHA, VA loans, assumptions, alternative financing, conventional financing and purchase money mortgages. This course also covers legislation in regard to financing.
$59.00 ONLINE – SELF PACED
This course provides and overview real estate financing, and describes the different types of loans and loan programs as well as lending sources. Students will learn how to calculate debt ratios and use loan factors to complete mathematical calculations related to mortgage loans. Students will also estimate closing costs for different types of loans. The instruction is followed with a scenario for which the student will do the prequalifying computations and complete a loan comparison worksheet for the buyers in the scenario. This continuing education course does not include the 2015 AREC Required Topic.
$29.00 ONLINE – SELF PACED
You want your client's property to sell. You want your client to get the most they can for the property--making you get the top commission possible. However, the property will still have to undergo an appraisal for the buyer to get the mortgage approved from the lender. So how do you determine the right price? This course is designed to help you better understand the concepts of pricing property, approaches to pricing property, principles of value, replacement cost value and the application of market data. This continuing education course does not include the 2015 AREC Required Topic.
$59.00 ONLINE – SELF PACED
A high-level view of commercial real estate, this elective course examines various types of commercial real estate including retail space, storage facilities, and office space. Additional highlights include land development, site selection, industrial real estate brokerage and how both local and regional labor markets can have an effect on commercial real estate. This continuing education course does not include the 2015 AREC Required Topic.
$29.00 ONLINE – SELF PACED
Math is a large component of numerous areas of real estate. This elective course helps the student understand what math calculations and formulas are included in and applicable for capitalization, property management, investments, commissions, return of investments, property costs, loans and property pricing. A hands-on course, students will enjoy the simple formulas and practice problems to better help retention. This continuing education course does not include the 2015 AREC Required Topic.
$29.00 ONLINE – SELF PACED
Gain insight into how the sales comparison approach to valuation works. This course takes a step-by-step look at the approach. Additionally, this course covers the process for data collections as well as different ways that adjustments can be estimated. Example problems help students to better retain and apply the information.
$59.00 ONLINE – SELF PACED
This course is an overview of short sale transactions, alternatives to short sales, how short sales affect buyers, lenders and sellers, the Home Affordable Modification Program (both HAMP Tier 1 and 2 are included) and the Home Affordable Foreclosure Alternative (HAFA II/Short Sale). Highlights include defining what a licensee's role is in a short sale and how to put together the packet needed in a short sale for a lender. Additional topics include how the MARS Rule affects real estate licensees who are working with a client on a short sale, tenant rights in relation to a short sale and also the kinds of lender fraud that licensees should be on the lookout for during the process of a short sale.
$29.00 ONLINE – SELF PACED
Commercial real estate is very different from residential. This course breaks down in detail the different types of property ownership that are mainly unique to commercial real estate. The topics of each included are taxes, set up, regulations, liability, management, benefits and drawbacks.
$59.00 ONLINE – SELF PACED
What types of tax benefits are unique to homeowners? This course gives the student insight into different kinds of homeowner benefits and also teaches how to calculate taxes that can affect the purchase of a home. This is an elective real estate continuing education course.
$59.00 ONLINE – SELF PACED
Learn all about tax free exchanges. This course is an excellent introduction to the implications of tax free exchanges for investment properties in residential real estate. Learn what is required to qualify for a tax free exchange, what different kinds of exchanges are available and also various ways that the title can be transferred for the purpose of an exchange.
$29.00 ONLINE – SELF PACED
The technology landscape changes quickly, and this rapid change can have significant consequences for the real estate professional. To perform at their best, real estate professionals need to stay ahead of these trends. This course helps to bring focus to the technological innovations that are most relevant to real estate practice. The course will discuss trends in software, social media, and internet security. Videos are presented throughout the course to help explain and illustrate key topics.
$29.00 ONLINE – SELF PACED
Gain a foundation in appraisal principles. This course is an introduction to topics including legal considerations, what influences the value of real estate, real property concepts and characteristics, principles of economics, types of value and real estate markets and analysis, ethical considerations and highest and best use. This 30 hour course fulfills the Real Property Appraiser Qualification Criteria for the levels of Trainee up to Licensed Appraiser.
$349.00 ONLINE – SELF PACED
Want thorough insight into the process of valuation? Then this course is for you! During this 30-hour curriculum, students will learn the three approaches used by appraisers to reach the opinion of value (income capitalization, sales comparison and cost) and how to derive multipliers and rates. Also included is a guide through the sales comparison approach, which is comprised of checking the validity of information, organizing a comparative analysis, making adjustments, selecting comparison units, and conducting market research and reconciliation. Students will enjoy the hands-on completion of crucial sections of an appraisal report as well as gain insight into property description, design basics and construction. This course fulfills 30 hours of Real Property Appraisal Qualification Criteria for the levels of Trainee to Licensed Appraiser. It is advised to complete the Basic Appraisal Principles and Procedures Courses before taking this course.
$349.00 ONLINE – SELF PACED
Complete with 60 hours of the new Registered Appraiser Qualification Criteria for Arkansas, this package includes two courses: Basic Appraisal Principles and Basic Appraisal Procedures.
$599.00 BUNDLE
Round out your foundational understanding of appraisal valuation approaches. Focusing on the two types of valuation concepts other than cost approach, this course fulfills 30 hours of Real Property Appraiser Qualification Criteria for appraisers from the Trainee level to the Licensed Appraiser level. Learn the process for both as well as how to gather and analyze needed information. Highlights include: the use of appraisal comparison grids, tips on locating needed information and a comparison with pros and cons of both the residential sales comparison and the income approach. Prerequisites: Basic Appraisal Principles and Procedures Courses.
$349.00 ONLINE – SELF PACED
Dive into residential market analysis. Want a deeper understanding of how to read, map and analyze a market area by applying highest and best use practices? This course discusses in detail the three approaches regarding value in appraisal including sales comparison, cost and income capitalization. Students will gain insight into how to understand the connection between highest and best use analysis, market analysis, and the three approaches to valuation in real estate appraisal. This appraisal continuing education course has a prerequisite: completion of the Basic Appraisal Principles and Procedures Courses.
$199.00 ONLINE – SELF PACED
Get a crash course in appraisal report writing! Students will enjoy this hands-on constructive course focused on learning how to create effective, well-formed reports for appraisals. Both content and exercises focus on appraisal writing techniques, gaining a real understanding of and ability to apply residential valuation procedures and grammar guidelines. Specific residential case studies are used as examples to help students gain a realistic view. Examples help students grasp narrative comment writing on form appraisal reports and also how to explain the process and reasoning behind the valuation conclusions to those who use the reports. 15 hours of Real Property Appraiser Qualification Criteria for the Trainee through Licensed Appraiser level upon completion of this course. Students need to have taken Basic Principles and Basic Appraisal Procedures to be able to sign up.
$199.00 ONLINE – SELF PACED
Gain confidence in your appraisal valuation skills! A more in-depth dive into appraisal valuation concepts and cost approach applications, this course meets 15 hours for the Trainee level up to the Licensed Appraiser level of Real Property Appraiser Qualification Criteria. Develop a stronger understanding of the process of the cost approach as this covers step-by-step the appraisal value process while applying this method. Highlights include interview methods and tips, market extraction, and data sources from professional services. Please note that Basic Appraisal Principles and Basic Appraisal Procedures are both prerequisites for this course.
$199.00 ONLINE – SELF PACED
This course is a detailed walkthrough showing how to complete the Uniform Residential Appraisal Report (URAR). Students will learn each step of the process as the course guides them through the sections and necessary fields of the form. At completion of this appraisal CE course, students should have a full understanding of how to complete the URAR reports in compliance with USPAP.
$99.00 ONLINE – SELF PACED
A true understanding of appraisal math is essential for success as a real estate appraiser. This course offers students insight into key mathematical functions including the mathematics of finance, and calculating area and statistics involved in appraisal.
$99.00 ONLINE – SELF PACED
This introductory course is a hands-on learning exercise explaining cost approach valuation and the methods included in calculating it. Students will learn ways to estimate depreciation and cost. The course includes various examples to ensure proper understanding and retention.
$99.00 ONLINE – SELF PACED
This hands-on course, complete with exercises to better students' understanding and retention, gives the student an overview of how the income approach to valuation works. Lessons include estimating income and expenses as well as estimating capitalization rates. This course covers both yield capitalization and direct capitalization.
$99.00 ONLINE – SELF PACED
Strengthen your foundation and build your appraisal skills. This is a foundation course for appraisers on vacant land parcels, their valuation, how the cost approach method is used, and the fundamental concepts involved. Grow your abilities as a real estate appraiser by learning interview techniques, how to use market extraction to establish a cost estimate, and how to utilize data offered by professional cost data sources. Gain an understanding of the many cost approach applications by going from the beginning appraisal assignment all the way to the final value estimate of a property. Please note that you must complete Basic Appraisal Principles and Procedures Courses before enrolling in this course.
$189.00 ONLINE – SELF PACED
Dive into residential market analysis. Want a deeper understanding of how to read, map and analyze a market area by applying highest and best use practices? This course discusses in detail the three approaches regarding value in appraisal including sales comparison, cost and income capitalization. Students will gain insight into how to understand the connection between highest and best use analysis, market analysis, and the three approaches to valuation in real estate appraisal. This appraisal continuing education course has a prerequisite: completion of the Basic Appraisal Principles and Procedures Courses.
$189.00 ONLINE – SELF PACED
Get a crash course in appraisal report writing! Students will enjoy this hands-on constructive course focused on learning how to create effective, well-formed reports for appraisals. Both content and exercises focus on appraisal writing techniques, gaining a real understanding of and ability to apply residential valuation procedures and grammar guidelines. Specific residential case studies are used as examples to help students gain a realistic view. Examples help students grasp narrative comment writing on form appraisal reports and also how to explain the process and reasoning behind the valuation conclusions to those who use the reports. 15 hours of Real Property Appraiser Qualification Criteria for the Trainee through Licensed Appraiser level upon completion of this course. Students need to have taken Basic Principles and Basic Appraisal Procedures to be able to sign up.
$189.00 ONLINE – SELF PACED
How does the property you are appraising stand up to recently sold properties in the same area? This course walks the student through the sales comparison approach to real estate appraisal. Learn the procedures recommended in the collection of data, as well as which way adjustments can be estimated. This course is hands-on as it includes multiple examples to help the student apply and retain the information.
$99.00 ONLINE – SELF PACED
Arkansas Real Estate License Requirements
Learn about the real estate education needs for licensing and renewal in your state.
Licensing Board/Commission:
Arkansas Real Estate Commission
Requirements:
Education hours required for a real estate salesperson license in the state of Arkansas: 60 classroom hours of real estate education (of which 30 classroom hours must be in basic principles of real estate) from an accredited postsecondary school or a school or organization licensed by the Arkansas Real Estate Commission (ACA Sect. 17-42-303 and Commission Regulation 4.1)
Hours required for real estate broker license in the state of Arkansas: 60 hours of real estate education (of which 45 hours must be the Commission-developed broker pre-license education course) from an accredited postsecondary school or a school or organization licensed by the Arkansas Real Estate Commission within 36 months immediately preceding the date of applying to take the broker's exam (ACA Sect. 17-42-303 and Commission Regulation 4.1)
The Arkansas Real Estate Commission’s (AREC) requires 18 classroom hours of post-license real estate courses for a new salesperson. These must be taken within 12 months after the date the individual was initially licensed. For example, after paying the license fee(s) in March of this year, a licensee should complete his or her post-license real estate classes by the end of March the following year. A new broker must complete the 30-classroom-hour AREC post-license course within 12 months after the date the individual was initially licensed. (A.C.A. §17-42-307(d)(2), §17-42-303(c)(1), (2), Commission Regulation 11.5)
Reciprocity:
Real estate commissions and boards across the country are adopting policies for a real estate agents in one state to more easily become licensed in another state. AREC has entered into reciprocal agreements with the following states: Alabama, Colorado, Florida, Georgia, Iowa, Kansas, Louisana, Mississippi, Nebraska, New York, Ohio, Oklahoma, Pennsylvania, South Dakota, Washington and West Virginia.
Continuing Education (CE) and License Renewal Requirements:
In order to renew your real estate license in Arkansas, real estate CE classes need to be completed by December 31st every year. The required 7 hours of continuing education classes must include 1 hour of agent safety–related topics and a 3-hour Real Estate Forms and Contracts course for the corresponding Salesperson or Broker license level. Licenses need to be renewed by September 30.
Arkansas Real Estate Appraisal Licensing Requirements
Learn about the appraisal education needs for licensing and renewal in Arkansas. The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Arkansas Board of Real Estate Appraisers. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred.
Licensure Levels
• State Registered Appraiser
• State Licensed Appraiser
• State Certified Residential Appraiser
• State Certified General Appraiser
Licensure Requirements to Become an Appraiser
• Must be at least 18 years of age
• Must have a good reputation for honesty, truthfulness, and fair dealing and be competent to transact business
• Must meet the educational requirement for the applying level of appraiser licensure • Must meet the experience requirement for the applying level of appraiser licensure • For Certified Residential level: A minimum of an Associate’s Degree OR 21 college semester hours in specific subject matters is also required
• For Certified General level: A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required • Satisfactory completion of the state examination
• Submit application, required documents, and associated fees
Appraiser School Education Requirements
• State Registered Appraisers must take the 15 hour USPAP course or its equivalent
• 150 hours for the State Licensed Appraiser which consist of the following appraiser courses: Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours), Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours)
• 200 Hours for the Certified Residential Real Property Appraiser which consist of the same 150 hours of Licensed Appraiser education AND: Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
• 300 hours for the Certified General Real Property Appraiser which includes the same 200 hours for the Certified Residential Real Property Appraiser education AND: General Appraiser Sales Comparison and Income Approach (15 hours), General Appraiser Site Valuation and Cost Approach (15 hours), General Appraiser Income Approach (45 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)
Experience Requirements for Becoming an Appraiser
• State Registered Appraiser – no work experience requirement
• Licensed Residential Appraiser – 2000 hours in not less than 12 months
• Certified Residential Real Property Appraiser – 2500 hours in at least 24 months
• Certified General Real Property Appraiser – 3000 hours in at least 30 months with at least 1500 hours of experience in nonresidential appraisals
Continuing Education Requirements for Appraiser License Renewal
• State Registered Appraiser licenses expire annually on December 31st
• All State Registered Appraisers must complete the 15 hour National USPAP or its equivalent prior to their first annual renewal
• In subsequent years, the State Registered Appraiser must complete 14 hours per year of continuing education and must complete the 7 hour National USPAP Update course or its equivalent with the two year cycle
• All other licensees expire annually on June 30th
• All licensees must complete 28 hours of continuing education appraiser classes within a two year cycle in an even numbered year
• At least 7 hours of this requirement must cover the USPAP Update course or its equivalent