Working as a real estate agent comes with many advantages, from a flexible schedule to the potential for high earnings. Many people who begin their journey to become a real estate agent in Alaska are looking to break free from unrewarding jobs and enter a career that rewards their hard work and effort. If you're ready to chase your goals and explore a fulfilling career in real estate, this guide will walk you through the steps to get licensed as a real estate agent in Alaska.

Why Become a Real Estate Agent in Alaska?

Real estate offers a unique opportunity to build a business that allows for flexibility, autonomy, and the potential for substantial income. Whether you dream of selling million-dollar homes or just want to escape the 9-to-5 grind, real estate might be the perfect career for you.

The first step in achieving that goal is obtaining your Alaska real estate license. Let’s dive into the process and break it down.

Basic Requirements to Get Your Real Estate License in Alaska

Before you can start selling homes in Alaska, you need to meet the state's licensing requirements. Here's a quick overview of what’s required:

• Be at least 19 years old
• Complete 40 hours of state-approved pre-licensing education
• Pass a background check (no convictions for crimes such as theft, fraud, or forgery within the past seven years)
• Pass the Alaska real estate salesperson exam
• Work with a licensed real estate broker in Alaska
• Submit your license application and required fees within six months of passing the exam

Step 1: Choose Your Real Estate School and Sign Up for Classes

Your first step is selecting a real estate school that offers state-approved pre-licensing courses. You’ll need to complete 40 hours of coursework to be eligible to take the Alaska real estate exam. These courses will cover essential topics like:

• Real estate math
• Property laws and regulations
• Fair Housing laws
• Real estate financing
• Contracts
• Agency relationships
• Ethics and disclosures
• Alaska Real Estate Commission rules

These subjects will form the foundation of your real estate knowledge and help you avoid costly legal mistakes when you start working with clients.

Step 2: Schedule and Take the Alaska Real Estate Salesperson Exam

Once you’ve completed your pre-licensing courses, you’re ready to schedule your real estate exam with Pearson Vue, Alaska’s exam administrator.

Here are a few things you need to know:

• You must schedule your exam at least one day in advance.
• The test is administered via computer at a testing center.
• This is not an open-book test.

The exam consists of two parts:

• General Law (80 questions, 2.5 hours)
• Alaska Law (40 questions, 1.5 hours)

You’ll need to score at least 75% to pass. The results will be provided immediately after you finish the exam, so no agonizing wait!

Step 3: Submit Your License Application

After passing your exam, you'll need to apply for your real estate license within six months. Make sure to complete all the necessary paperwork and submit it along with the required fees, which typically total around $990.

• Application fee: $200
• License fee: $140
• Real Estate Recovery Fund fee: $50
• Exam fee: $100

Step 4: Find a Brokerage to Work With

As a new real estate agent in Alaska, you must work under a licensed real estate broker. When choosing a brokerage, don't just focus on commission splits—training and mentorship are crucial for your long-term success. Ask about:

• Mentorship programs to help guide you through your first transactions
• Training opportunities to sharpen your skills and grow your business
• Ongoing fees and commission caps so you know exactly what you’ll be paying

Remember, the right brokerage can help accelerate your career, so take your time and choose wisely.

How Long Does It Take to Become a Real Estate Agent in Alaska?

On average, the entire process takes about 3-6 months. This includes completing your 40 hours of coursework, passing the exam, and finding a brokerage to work with. Everyone’s journey is different, so don’t rush the process. Focus on steady progress and stay committed to your goal.

How to Study for the Alaska Real Estate Exam

Many people fail the real estate exam on their first try, but don’t let that discourage you! To improve your chances of passing on the first attempt, consider using study tools like CompuCram, which offers practice exams, flashcards, and other resources to help you prepare.

What Happens If You Fail the Exam?

If you don’t pass the exam on your first try, you can retake it as many times as needed (with a $100 fee each time). Remember, many top agents didn’t pass on their first attempt, so stay positive and keep studying.

Alaska Real Estate License Reciprocity

If you already hold a real estate license in another state, Alaska offers reciprocity for licenses that have been active for at least one year. However, you’ll still need to pass the Alaska law portion of the real estate exam.

Learn More About How To Get Your Real Estate License in Alaska Here:  

Conclusion

Becoming a real estate agent in Alaska is a rewarding career choice that offers flexibility, autonomy, and the potential for high earnings. While the licensing process may seem daunting, taking it one step at a time will help you stay on track. Keep pushing forward, stay focused, and before you know it, you'll be closing deals in Alaska's stunning real estate market!

Ready to get started? Sign up for your Alaska real estate classes today and take the first step toward your dream career!