Licensee Approximate Fees and Costs
Prerequisites for all Licenses
In accordance with AS 08.88.171, a person desiring to acquire any type of real estate license in Alaska must:
- Pass the appropriate exam
- Not be under indictment for conspiracy to defraud, or fraud.
- Apply for licensure within six months after passing the exam.
- Pay the appropriate fees [12 AAC 64.073 and 12 AAC 02.360]
- Meet the appropriate education requirements.
Additional Requirements for Salesperson License
There are two levels of examination: salesperson and broker. The Real Estate Commission contracts with Pearson Vue Testing Services of Philadelphia, Pennsylvania to prepare, administer and grade both versions of the exam.
The Commission is responsible for establishing exam contents, but Pearson Vue retains full copyright over its examinations including the portions covering the Alaska statutes and regulations.
The examination is administered electronically and offered weekly in Anchorage, semi-monthly in Fairbanks and quarterly in Juneau. The fee is $100.
The exam may be provided at other locations on an individual request basis for an additional $50 fee. A candidate guide, prepared by the testing service, is available for download below or via written request to the Alaska Real Estate Commission.
Pearson Vue Testing Service (http://www.vue.com/) For information about taking the Real Estate Exam in Alaska.
Approved list of Real Estate Schools by the Commission: http://commerce.alaska.gov/dnn/Portals/5/pub/Master_School_List.pdf
Following completion of course (40 hours), examination must be completed within 18 months. Following passing of the examination, license must be applied for with the commission within 6 months.
Salesperson Application Form: http://commerce.alaska.gov/dnn/Portals/5/pub/rec4179.pdf
Once you have received your license, you will apply for membership with the Greater Fairbanks Board of REALTORS® to become a REALTOR®.