Best Real Estate Schools In Arkansas

Finding the Best Real Estate Schools In Arkansas can feel overwhelming, especially with so many options available.

It’s normal to feel unsure about where to start, but don’t worry—we’re here to help. I’ve put together a detailed guide to help you navigate the top choices, so you can make an informed decision.

In this guide, you’ll discover:

• A list of the best real estate schools in Arkansas and why they stand out
• Crucial factors to consider when choosing a school, like accreditation and curriculum
• Steps to obtain your Arkansas real estate license and what it costs

Why Choose Real Estate as a Career in Arkansas

Are you considering a career in real estate in Arkansas? You’re making a smart choice. The real estate market in Arkansas is booming, creating abundant opportunities for people like you who want to embark on a new and exciting career path.

Current Market Trends in Arkansas

The real estate market in Arkansas has experienced steady growth over the past few years. Housing prices have increased by an average of 6% annually over the past five years. This upward trend indicates a robust market that could promise lucrative opportunities for new real estate agents.

Moreover, the Arkansas Economic Development Commission reports that the state’s population has been growing consistently. This population growth leads to higher demand for housing, which in turn, means more opportunities for you to thrive as a real estate agent.

Future Prospects in Real Estate

The potential income for real estate agents in Arkansas is also promising. The median salary for real estate agents in the state is around $48,000, but top earners can make well over $100,000 per year. This potential for high earnings makes it an attractive career choice for many.

In addition, real estate offers flexible working hours and the chance to be your own boss. You can control your schedule and build a career that fits your lifestyle. Plus, helping people find their dream homes or investment properties can be incredibly rewarding.

What to Look for in a Real Estate School

When selecting the best real estate school in Arkansas, several key criteria can influence your decision. Here’s what you need to consider:

Accreditation and Approval

Accreditation is crucial. The Arkansas Real Estate Commission oversees the education standards for real estate schools in the state. Ensure that the school you choose is accredited by the commission. This accreditation ensures that the education provided meets specific state standards.

Curriculum and Faculty

The curriculum and the expertise of the faculty play a significant role in your education. According to a survey by the National Association of Realtors, the curriculum and faculty quality are top factors that influence students’ success rates in licensing exams.

Look for schools that offer comprehensive and up-to-date courses, covering all aspects required for the licensing exam. Experienced instructors who have firsthand knowledge of the real estate industry can provide insights that are invaluable.

Support Services

Student support services, such as tutoring and career counseling, are essential. Schools that offer these services can significantly enhance your learning experience and prepare you for your career. Support services can include exam prep help, resume building, and assistance with job searches after graduation.

Pass Rates

Check the pass rates of the prospective schools. Schools with higher pass rates have proven success in preparing their students for the Arkansas real estate licensing exam. This information can usually be found on the schools’ websites or through the Arkansas Real Estate Commission.

Top Real Estate Schools in Arkansas

Here are some of the top real estate schools in Arkansas that have received positive feedback from students and industry experts alike.

Colibri Real Estate

Colibri Real Estate is an excellent choice for those who prefer online learning. The courses are divided into digestible chapters, making it easier to absorb the information. Colibri Real Estate also includes engaging mini-games and quizzes throughout their curriculum to reinforce learning.

One standout feature is its direct Q&A sessions with instructors, which provides an additional support layer for students. Colibri Real Estate has garnered a high rating of 4.9 stars from satisfied students. Unfortunately, it doesn’t offer post-licensing courses in Arkansas, which could be a limitation for some.

The CE Shop

The CE Shop stands out for its flexibility and high pass rates. This school offers a variety of online courses, boasting an impressive 91% pass rate. They also have a 4.7-star rating from over 6,000 reviews, indicating strong student satisfaction.

One unique feature of The CE Shop is its free trial option, allowing prospective students to get a feel of the courses before committing. The extensive resources and interactive course material cater well to online learners looking for flexibility and thorough preparation.

Kaplan Real Estate Education

Kaplan Real Estate Education is widely recognized for its comprehensive resources and experienced instructors. Kaplan offers both online and live classroom courses, providing video lectures led by seasoned real estate professionals.

The course materials are detailed, focusing on in-depth content that ensures thorough preparation for the licensing exam. While some students have noted slower site performance, the quality of instruction has been highly praised, making it a top contender among real estate schools in Arkansas.

Mid-South Real Estate Academy

Mid-South Real Estate Academy is known for its strong community ties and experienced instructors who provide in-person classes. This school offers a more traditional classroom setting, which some students may prefer over online courses.

Local students have given positive feedback about the academy’s focus on practical, hands-on learning. The academy’s instructors are noted for their industry experience and their ability to provide relevant, real-world insights.

Requirements for an Arkansas Real Estate License

To become a licensed real estate agent in Arkansas, you must fulfill several requirements. Here are the steps you need to follow:

Pre-licensing Education

You must complete a 60-hour pre-licensing course from a school approved by the Arkansas Real Estate Commission. This course covers essential topics that are crucial for your career and are necessary for passing the licensing exam.

Background Check

A background check is a necessary part of the process. You must pass both a state and FBI background check. The cost for these checks includes $22 for the state and $14.25 for the FBI.

Licensing Exam

After you’ve completed your pre-licensing education, you will need to pass the Arkansas Real Estate Licensing Exam. The exam fee is $75. Make sure you prepare thoroughly for the exam, as it covers both national and state-specific real estate laws and practices.

Application Fee

Once you pass the exam, you will submit an application to the Arkansas Real Estate Commission and pay a $50 application fee. This fee is non-refundable, so make sure all your details are accurate before submission.

Cost of Real Estate Schools and Licensing in Arkansas

Understanding the costs involved in becoming a licensed real estate agent in Arkansas can help you budget and plan effectively.

Tuition Fees

The tuition fees for real estate schools in Arkansas generally range from $369 to $589. This variation depends on the school you choose and the format of the courses (online or in-person).

Additional Costs

Aside from tuition, there are other costs you need to consider:

• Application Fee: $50
• State Background Check Fee: $22
• FBI Background Check Fee: $14.25
• Exam Fee: $75
• License Fee: $50
• Recovery Fund Fee: $25

Total Estimated Costs

When you add these additional costs to the tuition fees, the total cost to become a licensed real estate agent in Arkansas ranges between $605.25 and $825.25.

Being aware of these costs upfront can help you plan and ensure that you are financially prepared to complete your real estate education and obtain your license.

By considering the points mentioned above, you are well on your way to choosing the best real estate school in Arkansas that fits your needs and starting a rewarding career in real estate.

Arkansas Real Estate Exam Preparation

Preparing for the Arkansas real estate exam requires more than just completing the pre-licensing course. To increase your chances of passing on the first attempt, consider these best practices.

Study Tips for Success

Successful exam preparation is all about effective study strategies. Here are some actionable tips:

• Consistent Study Schedule: Allocate specific times each day for studying. Consistency helps reinforce learning.
• Practice Tests: Utilize practice tests to familiarize yourself with the format and types of questions. Many real estate schools, such as The CE Shop, offer valuable prep packages that include digital flashcards and comprehensive practice exams.
• Focused Review Sessions: Concentrate on areas where you feel less confident. Regular, focused review sessions can help solidify complex topics.

Useful Resources

There are several resources you can use to prepare effectively for the exam:

• Exam Prep Courses: Consider enrolling in an exam prep course. These courses often include expert tips, mock exams, and detailed feedback.
• Study Guides: Invest in a reputable study guide that covers both national and state-specific real estate laws and practices.
• Interactive Learning Tools: Engaging with interactive learning tools, such as video tutorials and gamified quizzes, can make studying more enjoyable and effective.

Online vs. In-person Real Estate Courses

When deciding between online and in-person real estate courses, weigh the pros and cons of each format to determine what best suits your learning style and schedule.

Advantages of Online Courses

Online courses have gained popularity due to their flexibility:

• Self-Paced Learning: Online courses allow you to study at your own pace. This is ideal if you have a busy schedule or prefer to take your time with challenging concepts.
• Cost-Effective: Generally, online courses are less expensive than in-person classes. You can also save on commuting and related expenses.
• Access to Resources: Online platforms often provide an array of resources, including webinars, downloadable materials, and access to discussion forums.

Benefits of In-person Classes

In-person classes offer a different set of benefits:

• Direct Interaction: Face-to-face classes provide immediate access to instructors for questions and clarifications. This real-time interaction can enhance understanding.
• Networking Opportunities: Engaging with classmates can lead to valuable professional connections that may benefit your future career.
• Structured Environment: In-person classes provide a structured environment, which can be beneficial if you thrive on routine and direct support.

Consider these factors based on your personal preferences and professional goals.

Continuing Education for Arkansas Real Estate Professionals

Education doesn’t stop once you obtain your license. Continuing education is essential for maintaining your licensure and staying updated on industry trends.

Annual Requirements

Arkansas real estate professionals must complete 7 hours of continuing education annually. This includes:

• Safety Course: A mandatory 1-hour course on safety practices.
• Broker Supervision Course: A 6-hour course focused on broker supervision.

Recommended Courses

Consider courses that not only fulfill your continuing education requirements but also enhance your skill set. Options include:

• “The Truth About Mold”: A course offered by Kaplan that dives deep into property inspections and health considerations.
• “Personal Safety in Real Estate”: Focuses on strategies to ensure your safety during property showings and client meetings.

Enrolling in relevant continuing education courses will keep you current and competitive in the real estate market.

How to Apply and Get Started

Embarking on your real estate journey begins with selecting the right school and understanding the application process. Here are actionable steps to help you get started:

Choosing Your School

Begin by researching and selecting an Arkansas Real Estate Commission-approved school. Consider factors like course offerings, pass rates, and student support services.

Application Steps

1. Complete Pre-Licensing Course: Finish the 60-hour pre-licensing course from your chosen school.
2. Submit Application: Apply to the Arkansas Real Estate Commission, including your course completion certificate, application fee, and background check results.
3. Schedule Exam: Once your application is approved, schedule your real estate licensing exam.
4. Prepare Thoroughly: Utilize resources like study guides and practice tests to prepare for the exam.
5. Pass the Exam: Successfully passing the exam will allow you to apply for your real estate license.

Getting Started

• Utilize School Resources: Take advantage of any tutoring services, study groups, or career counseling offered by your chosen school.
• Plan Your Time: Balancing study time with other commitments requires careful planning. Develop a study schedule and stick to it.
• Stay Focused: Maintain your focus and motivation by setting short-term and long-term career goals.

With these steps, you are well-prepared to start your education and career in real estate.

Looking for Real Estate School Information On States Bordering Arkansas?

In addition to Arkansas, we suggest looking for schools in nearby states.

• Best Real Estate Schools In Missouri
• Best Real Estate Schools In Tennessee
• Best Real Estate Schools In Mississippi
• Best Real Estate Schools In Louisiana
• Best Real Estate Schools In Texas

Conclusion

By selecting the right school and preparing effectively, you can embark on a rewarding career in real estate in Arkansas. Whether you choose an online or in-person course, the key is to stay dedicated and utilize all available resources. Embrace continuous learning and stay updated on industry trends to thrive as a real estate professional. Taking these steps will help you make the most of the growing opportunities in the Arkansas real estate market.

Are you ready to take the next step? Explore the Real Estate Schools in Arkansas to begin your journey today.