How to Get Your Alaska Real Estate License

The Alaska Real Estate License is a professional license that allows real estate agents to operate in the state of Alaska. To obtain this license, you must be an attorney or member of the American Association of Realtors and pass 2 different exams (one in ethics and one on applicable law). If you wish to become licensed as a real estate agent in Alaska, read below for step-by-step instructions on how it works.

The “alaska real estate license online” is a process that can be done in order to obtain your Alaska Real Estate License.

Getting an Alaska real estate license, whether you’re a novice cheechako or a long-time sourdough resident, is straightforward if you complete the 40 hours of preLicensing coursework required. Before practicing real estate, you must submit an application, pass the Alaska real estate test, and connect with a brokerage, according to the Alaska Real Estate Commission (AREC). Learn how to become a real estate agent in Alaska with our step-by-step guide.

1. Comply with Alaska’s Legal Requirements for a Real Estate License

The prerequisites for obtaining an Alaska real estate license are straightforward. You must be at least 19 years old and a legal resident of the United States.

What if I told you that

Alaska has reciprocity agreements with all 50 states. After completing six hours of preLicensing study and passing the state section of the real estate test, those who have had a valid license in another state for a year or more may continue ahead with licensure. To get started, fill up the Real Estate Salesperson Application by Endorsement.

In terms of mobility, Alaska is also a physical state. A physical location state permits agents and brokers to do business in another state but not in the state where they are doing real estate. This implies that an agent or broker from another state must do all out-of-state business over the phone and is not permitted to visit the state for showings, closings, or any other purpose. Check out our real estate license reciprocity and portability guide for more information about real estate license portability in Alaska.

You may be possible to earn a real estate license in Alaska even if you have a criminal record. Although all applicants must declare and explain any convictions, being charged with a crime, conspiracy to deceive, or fraud might jeopardize your chance to earn your license. If seven years have passed after the sentence was finished, further offences are considered. Visit the AREC website’s “General Information” section for further information and to discover whether you qualify.

2. Complete all pre-Licensing courses that are required.

Once you’ve met the state’s criteria for becoming a real estate agent in Alaska, you’ll need to complete the requisite 40 hours of real estate preLicensing course. The real estate courses, which cost $375 to $500, may be taken in person or at an approved real estate school.

The following subjects are covered in Alaska real estate preLicensing courses:

• Characteristics of real estate, legal descriptions, and property usage
• Ownership, transfer, and documentation of title in many forms
• Appraisal and property value
• Contracts and agency in real estate
• Practicing real estate
• Environmental disclosures and property disclosures
• Settlement and financing
• Calculations in real estate math
• The Alaska Real Estate Commission’s Authority
• Licensing
• Licensees’ actions are governed by requirements.
• Additional subjects include common interest ownership / condominiums, the Landlord and Tenant Act, and the Residential Real Property Transfer Disclosure Act.

For aspiring Alaska real estate agents, Real Estate Express is one of the top recognized online real estate courses. They provide a variety of course packages to enhance your learning experience and prepare you for a successful real estate profession. Because the classes are self-paced and online, you may fit them into your schedule and finish them at your own leisure. Higher-tiered subscriptions also feature live interactive sessions with instructors and peers for individuals who want further assistance.

Visit Real Estate Express and save 25% with the code FSB25.

3. Pass the Real Estate Exam in Alaska

It’s time to arrange your Alaska real estate license test once you’ve finished the requisite prelicensing classes. The test is conducted online on a computer, and pass/fail results are delivered immediately upon the completion of the exam. To get your license, you must pass both the national and state portions of the test.

If you pass the test, you’ll be given instructions on how to apply for a real estate license in Alaska. If you fail, you’ll be given a numerical score and a diagnostic report outlining your strengths and flaws. You’ll also be given information on scheduling a reexamination, which may be done up to 24 hours after your first test. Test results are valid for six months from the date of the original exam.

Details about the Alaska Real Estate Exam

How to Make an Appointment for the Alaska Real Estate Exam

Pearson VUE, a multinational testing corporation, is the exam’s official administrator. You may book your exam directly on the Pearson VUE website, and you’ll also get a copy of the Candidate Fact Sheet for further information. Pay the $100 test cost through credit card, debit card, electronic check, or voucher on the Pearson website.

Use an exam prep service like PrepAgent to ensure you pass your test on the first attempt. PrepAgent offers a number of packages depending on the amount of time you have to study for your test and the features you need. All packages include with national and state-specific questions, as well as a 100% money-back guarantee. Check them out right now to ensure you pass your Alaska real estate test.

PrepAgent is a great place to start.

4. Choose a sponsoring agency to work with.

You must locate a sponsoring brokerage with whom to associate your Alaska real estate license in order to keep it valid. Page 3 of the Employing Broker Information form must be completed by the brokerage.

Check out our in-depth advice on how to pick a real estate business to work for to make your decision a little simpler. Although The Last Frontier State has numerous successful brokerages, the top Alaska real estate brokerages for 2021 are listed here.

(Image courtesy of Real Trends 2022.)

Cities in Alaska with the Highest Median Sales Price in 2022

The higher the price of a property sells for, the greater the commissions you may make and the more successful you can be in real estate. Check out the sales statistics below from Towncharts.com to see which cities in Alaska are bringing in the most money for real estate agents:

5. Acquire Errors & Omissions Insurance

All active Alaska real estate agents are required to have errors and omissions insurance (E&O). This protects real estate pros from mistakes made in the course of work. Some brokerages provide agents with E&O, but you may have to purchase your own policy. The AREC works closely with Rice Insurance Services, LLC to provide affordable options, or you can choose your own provider and submit the Affidavit of E & O Insurance Equivalent Coverage form.

6. Submit an application for an Alaska real estate license.

The licensure application is the last stage in the process of becoming a real estate agent in Alaska. You may submit an application electronically using the AREC site or by mailing a paper application to the real estate commission. A nonrefundable application cost of $200, a licensing charge of $140, and a $50 recovery fund fee make up the total application amount of $390.

Keep in mind that exam scores are valid for only six months from the date of the exam, and preLicensing courses are valid for 18 months after completion. For that reason, it is important to apply for your Alaska real estate license soon after passing your exam. You must also submit proof of E&O insurance and your employing brokerage information along with your application.

7. Get Your Real Estate Career Started

You’re ready to begin your real estate career now that you’ve learned how to become a real estate agent in Alaska. Here are some of our articles with material that is ideal for new real estate agents if you want to learn more: 

The “alaska real estate exam questions” is an article that provides information about how to get your Alaska Real Estate License.

Related Tags

• alaska real estate license course
• alaska real estate license test
• alaska real estate license requirements
• real estate agent salary alaska
• state of alaska real estate license search