Alaska Real Estate License 101
Alaska Real Estate License 101
Take the 40-hour Pre-licensing Education
Take the 40-hour Pre-licensing Education
Welcome To Your Alaska Real Estate License Journey!
If you’re considering beginning a career in Alaska highly lucrative, fast-growing real estate market, you’ve come to the right place! A career in real estate offers flexibility, large income earning potential, and the opportunity to help people find their dream home.
This guide is designed to outline each and every step of the process of getting your Alaska real state license, from choosing a Alaska real estate license school to applying for your Alaska real estate license.
Each article of the Alaska Real Estate License 101 Guide outlines a step of the Alaska real estate license process and provides in-depth details about completing that step and answers to any questions you may have, such as the costs, timing, eligibility, and earning potential. We will also walk you through the process of why, when, and how to do each step.
Check out the articles below for your complete step-by-step guide to getting your Alaska real estate license and starting a prosperous career in real estate.
How To Get Your Alaska Real Estate License
Getting your Alaska real state license might seem daunting, but Corofy is here to help. We’ve compiled all of the details you’ll need to get you through the process of getting your Alaska real estate license. Follow these 7 easy steps to get your Alaska real estate license in no time.
- Step 1: Take the 40-hour Pre-licensing Education
- Step 2: Schedule the Licensing Exam
- Step 3: Pass the Licensing Exam
- Step 4: Purchase Errors and Omissions Insurance Salesperson Exam
- Step 5: Be hired by an Alaska broker
- Step 6: Apply for an Alaska Salesperson Real Estate License
- Step 7: Post-licensing education
Take the 40-hour Pre-licensing Education
Take the 40-hour Pre-licensing Education
Explore The Alaska Real Estate License 101 Guide
Step 1: Take the 40-hour Pre-licensing Education
All new salesperson candidates must take 40 hours of pre-licensing education from an approved education provider. During your course, you will learn about real estate practice, federal and state real estate regulations, real estate financing, and other essential topics for working as a salesperson. Your pre-license education course certificate is good for 18 months.
Step 2: Schedule the Licensing Exam
Pearson VUE administers Alaska’s Real Estate Salesperson License Exam. Schedule your exam directly by visiting www.pearsonvue.com or calling (800) 274-5592.
The non-refundable exam fee is $100. You directly pay Pearson VUE using credit card, money order, company check, electronic check, or voucher.
Refer to the Alaska Candidate Bulletin for information on examination schedules, site locations, exam security, reporting, and preparation.
Step 3: Pass the Licensing Exam
Bring to the test center two forms of identification in English. One form of identification must be a photo-bearing government-issued ID.
The Alaska state salesperson exam has two sections: national and state law.
The Alaska Salesperson Pre-licensure Exam includes:
- National section of 80 questions.
- State section of 40 questions.
- Four total hours to complete the exam.
- Alaska uses a scaled score on its licensing exam. Scaled scores compensate for variations in exam difficulty and run from 1 to 100. A passing score is 75.
You will receive a score report marked “pass” or “fail” before leaving the center. The exam results are valid for six months.
Step 4: Purchase Errors and Omissions Insurance
All real estate salespersons are required to carry errors and omissions insurance. Alaska does offer a group policy through RIAK. You can opt for a private policy. The coverage must meet the minimum coverage standards as detailed in Article 4 of the Centralized Licensing Regulations.
Step 5: Be hired by an Alaska broker
All Alaska salespersons must work under the supervision of a licensed Alaska broker. Their information is required for your application form.
Step 6: Apply for an Alaska Salesperson Real Estate License
After passing the exam, you have six months to apply for your salesperson license. Alaska has the option to use an online application or a paper application.
The total fee for your application and initial licensure is $390.00, payable by credit card.
Submit with the Alaska salesperson application:
- Original exam score showing a passing score within the last six months
- Certificate of completion for pre-licensing education
- Proof of errors and omissions insurance
- Any documentation as required to “yes” answers in Part IV of the application
- Once the application has been reviewed and approved, the license will be issued and sent to you. Congratulations, you are now an Alaska real estate salesperson!
Step 7: Post-licensing education
Be aware that all new licensees must take 30-hour post-licensing education within one year of licensure to maintain a Alaska salesperson license. These 30 hours are in addition to the 20 hours of continuing education required for your first renewal. Your deadline for completing this education is listed on your individual license.
Take the 40-hour Pre-licensing Education
Take the 40-hour Pre-licensing Education