Real Estate Commission

Broker Applications & Forms
Exam Information

Broker Licensing Requirements

Broker/Associate Broker Licensing Requirements

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 a felony or other crime that in, in the judgment of the Commission, affects the individual’s ability to practice as a real estate salesperson competently and safely or under indictment for forgery, theft, extortion, conspiracy to defraud creditors, 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.
• Obtain and maintain E&O insurance.

Additional Requirements for Broker's License

An applicant wishing to become a licensed broker must complete 30 classroom hours of approved broker training.

A person must have completed 36 consecutive months within the last 60 months as a real estate licensee, and real estate must have been his/her principal occupation; he must either own a real estate business or work as the broker for a corporation or partnership.

A corporation or partnership can have only one broker in charge. If a second person, meeting the qualifications of a broker, holds an ownership position or is employed by the company, that person is considered an associate broker.

If a broker no longer meets the conditions of ownership or corporate employment, his/her broker license is suspended until such time as that status is resumed; alternatively, he/she may become an associate broker in another broker's office.

A person who has been convicted of a felony of one of the types listed above may not be granted a broker's license until seven years after the complete sentence has been served. [AS 08.88.171(a)].

Additional Requirements for Associate Broker's License

An applicant wishing to become an associate broker must complete 30 classroom hours of approved broker training.

A person must have been a real estate licensee for 36 consecutive months within the last 60, and real estate must have been his/her principal occupation.

He/she must have passed the broker's exam and be affiliated with a licensed broker.

A person who has been convicted of a felony of one of the types listed above may not be granted an associate broker's license until seven years after the complete sentence has been served. [AS 08.88.171(b)].