Alaska Real Estate Licenses
Looking to secure an Alaska real estate license? This comprehensive guide walks you through the necessary steps, including real estate continuing education.
It’s designed for all Alaskans, with special information for residents of Anchorage (AK) and other key areas.
We explore the best real estate classes and online courses, ensuring you have access to quality education regardless of where you are in the state.
Don't Become a Realtor If...
If you’re seriously interested in getting your real estate license, here are some great additional resources:
Requirements
To become a real estate agent in Alaska, you must:
- Be at least 19 years old
- Have a high school diploma or GED
Interestingly, Alaska is one of the few states that doesn’t require US Citizenship to become a real estate agent.
Like all US states, Alaska allows out-of-state applicants, so you do not need to reside there to become licensed as a real estate agent.
Pre-Licensing Education
Complete 40 hours of pre-license education through a course approved by the Alaska Real Estate Commission. These courses can be taken online or in a classroom setting.
Examination
Pass the Alaska Real Estate Salesperson Examination administered by PSI. The exam consists of a national portion and a state-specific portion. You need to pass both sections with a score of at least 75%.
- Exam Fee: $100
Background Check
Submit fingerprints for a criminal background check. This is required to ensure you meet the ethical standards required for licensure.
Application
After passing the exam and completing the background check, submit your license application to the Alaska Real Estate Commission.
- Application Fee: $140 (initial licensing fee)
Post-Licensing Education
Within the first year of licensure, complete 30 hours of post-license education. This education is necessary for converting your initial license to a permanent one.
Continuing Education
To maintain your license, complete 20 hours of continuing education every two years before renewing your license. This helps you stay updated with industry changes and legal requirements.
Alaska Real Estate Education Options
Online Options
Alaska provides excellent options for online real estate education, with top schools offering digital courses. Colibri Real Estate is our top pick, offering a well-rounded curriculum, excellent student feedback, and a proven track record of helping learners pass their exams successfully.
If you’re looking for a more budget-friendly choice, The CE Shop offers affordable courses without compromising quality. Additionally, you can use our exclusive 30% discount, which can also be stacked with their 20% military discount for even greater savings.
Both schools deliver great value, but Colibri Real Estate is a better fit for those who want a more detailed and structured approach to learning. However, if cost is a primary concern, The CE Shop is still a fantastic option, providing solid course content and plenty of support to help you launch your real estate career.
1. The CE Shop – Best Budget Course
The CE Shop is the most affordable option for real estate education in Alaska, providing a solid self-paced curriculum.
Pros
- Most affordable: The 30% discount makes it the cheapest option.
- Self-paced: Flexibility for students to study at their own speed.
Cons
- Mixed reviews: Some students report engagement issues and customer service problems.
- No live instruction: Entirely self-paced learning.
Get 30% off with Discount Code “INBOUNDREM” using our CE Shop discount link.
2. Colibri Real Estate
Colibri Real Estate provides flexible learning formats, including self-paced courses and live webinars, suitable for students in Alaska.
Pros
- Flexible formats: Self-paced and live webinars available.
- Pass guarantee: Refund if you don’t pass the state exam.
Cons
- Additional costs: Study resources may increase the total price.
Up to 15% off with our Colibri Real Estate discount link.
In-Person Options by Major Cities
Anchorage:
- Alaska Real Estate Education Inc.: Offers in-person pre-licensing and continuing education courses.
- University of Alaska Anchorage: Provides in-person real estate courses, including pre-licensing education.
Fairbanks:
- Fairbanks North Star Borough School District Community Schools: Offers various in-person courses, including real estate education.
Juneau:
- Juneau Real Estate School: Provides in-person pre-licensing and continuing education classes.
Reciprocity
Full Reciprocity
Alaska does not offer full reciprocity with any state. However, they do offer partial reciprocity.
Partial Reciprocity
Alaska has partial reciprocity with the following states:
- Washington
- Oregon
- Idaho
If you hold an active real estate license in one of these states, you may qualify for a waiver of the national portion of the Alaska real estate exam.
You will only need to pass the Alaska state-specific portion of the exam and fulfill the other requirements for licensure.
For detailed information and required forms, visit the Alaska Real Estate Commission Reciprocity Information.
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Broker's License
To become a real estate broker in Alaska, you must:
- Have at least two years of active real estate salesperson experience within the last five years
- Complete 30 hours of broker pre-license education
- Pass the Alaska Real Estate Broker Examination
- Submit a broker license application to the Alaska Real Estate Commission
Criminal Record
The Alaska Real Estate Commission reviews applications from individuals with a criminal record on a case-by-case basis.
If you have a felony or other serious criminal conviction, you may still apply for a real estate license, but the Commission will consider the nature of the crime, the time elapsed since the conviction, and evidence of rehabilitation.
Crimes involving fraud, theft, or moral turpitude are particularly scrutinized. It’s recommended to contact the Alaska Real Estate Commission directly to discuss your specific circumstances and determine your eligibility.
Cost Breakdown
Item | Cost Range |
|---|---|
Total | $690 – $1,240 |
Pre-License Education | $200 – $400 |
Exam Fee | $100 |
Background Check | $50 – $100 |
Application Fee | $140 |
Post-License Education | $150 – $300 |
Continuing Education | $50 – $200 per cycle |
Resources and Contacts
- Alaska Real Estate Commission:
- Telephone: (907) 269-8160
- Email: realestatecommission@alaska.gov
- Street Address: Robert B. Atwood Building, 550 W. 7th Avenue, Suite 1500, Anchorage, AK 99501
- License Renewal Website
- License Lookup Website
- PSI Examination Services: (800) 733-9267
Document Checklist
- Proof of age (ID, birth certificate)
- Proof of U.S. citizenship or lawful permanent resident status
- High school diploma or GED certificate
- Completion certificate for 40-hour pre-license course
- Exam pass notification from PSI
- Fingerprint submission and background check confirmation
- Completed application form for the Alaska Real Estate Commission
- Payment for application fee
Step-by-Step Guide to Becoming a Real Estate Agent in Alaska
- Meet Basic Requirements: Ensure you are at least 19 years old, a U.S. citizen or lawful permanent resident, and have a high school diploma or equivalent (GED).
- Complete Pre-License Education: Enroll in and complete a 40-hour pre-license course approved by the Alaska Real Estate Commission. This can be done online or in a classroom setting.
- Schedule and Pass the Examination: Register for the Alaska Real Estate Salesperson Examination through PSI. Study for and pass the exam, ensuring you achieve a minimum score of 75% on both the national and state-specific portions. Pay the exam fee of $100.
- Submit to a Background Check: Arrange for fingerprinting and a criminal background check. Ensure all required documentation is submitted to the Alaska Real Estate Commission.
- Submit Your Application: Complete and submit the real estate license application to the Alaska Real Estate Commission, including the application fee of $140.
- Find a Sponsoring Broker: To activate your license, find a licensed Alaska real estate broker to work under. This is required for both temporary and permanent licensure.
- Complete Post-License Education: Within the first year of obtaining your license, complete a 30-hour post-license course to convert your initial license to a permanent one.
- Begin Your Real Estate Career: Once your permanent license is issued, start your career as a licensed real estate agent in Alaska.
- Complete Continuing Education: Every two years, complete 20 hours of continuing education to maintain and renew your license.
Alaska Real Estate Agent Salary
In Alaska, real estate agents earn an average salary of $102,006 per year, with typical earnings ranging from $30,000 to $170,000.
The median salary aligns closely with the average, suggesting a more consistent distribution of income among agents.
Top earners, particularly in high-demand areas like Anchorage, can make significantly more, often surpassing $150,000 annually.
The relatively high average salary, combined with a moderate cost of living, makes Alaska an appealing market for real estate professionals aiming for substantial earnings.
The consistent median and average salaries indicate a balanced market where many agents achieve comparable success levels.
FAQs
Can I become a real estate agent in Alaska if I have a felony?
The Alaska Real Estate Commission reviews applications from individuals with a criminal record on a case-by-case basis. Certain felonies, particularly those involving fraud or moral turpitude, may disqualify you. Contact the Commission for specific inquiries.
How long does it take to become a real estate agent in Alaska?
It typically takes 2-4 months to complete the pre-license education, pass the exam, and fulfill the post-license education requirements.
What is the cost to become a real estate agent in Alaska?
The total estimated cost ranges from $690 to $1,240, including education, exam fees, background checks, and application fees.
Does Alaska have reciprocity with other states?
Alaska offers partial reciprocity with Washington, Oregon, and Idaho. You will need to pass the Alaska state-specific portion of the real estate exam and meet other requirements.
Summary
Becoming a real estate agent in Alaska involves meeting educational requirements, passing an exam, undergoing a background check, and completing post-license and continuing education.
By following these steps and utilizing the provided resources, you can successfully start and maintain your real estate career in Alaska.
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We have an agreement with The CE Shop to promote online course information to consumers and real estate licensees. We are not the developer of these courses and is simply providing a referral. All education is provided by The CE Shop and any questions regarding course content or course technology should be directed to The CE Shop.
