Real Estate Commission Applicants & Licensees Frequently Asked Questions What are the requirements to become a licensed real estate salesperson in Alaska? Complete 40 hours of an Alaska-approved pre-licensing real estate course. Pass the Alaska real estate salesperson exam and submit a Salesperson License by Examination application (#08-4179) for licensure under a broker with the appropriate licensing fees. (Note: If an individual holds or has ever held a real estate license in another state(s) a license history is required from each state before a license will be issued.) What are the requirements to upgrade my Alaska real estate real estate license to an associate broker? Complete 15 hours of Alaska-approved broker training, pass the Alaska real estate broker exam, show evidence of completing 24 months of active and continuous real estate licensee experience and submit your complete Associate Broker by Examination application (#08-4160) under a supervising broker with the appropriate fees. (Note: If an individual holds or has ever held a real estate license in another state(s) a license history is required from each state before a license will be issued.) How do I request a license history? Complete and submit a License History Order Form (#08-4310) with the appropriate fee. My name has changed how do I change it with the Commission? Complete and submit a Change of Name Form and submit the appropriate fee and attach a copy of the legal document allowing the change. How do I transfer my license to another office? Complete and submit a Change of Status application (#08-4076) to transfer their license to another office, with the appropriate transfer fee. The licensee should receive a copy of their license certificate signed and dated by their terminating broker to give to their employing broker along with a copy of their transfer form. A licensee may work in the new office for no more than 30 days while waiting for an amended license. What are the recent changes on the Residential Real Property Transfer Disclosure Statement? There were several changes made in July 2008, effective 10/04/08. To see the Residential Real Property Transfer Disclosure Statement with all of the changes highlighted in red click here. Is it the current policy of the Alaska Real Estate Commission that a licensee in Alaska may retain another licensee in a different brokerage to represent or give specific assistance to the first licensee on properties owned by the first licensee? Yes, it is the policy of AREC as stated in the March 2009 Meeting If that is so, which licensee and which brokerage is responsible for keeping records to comply with Title 8, such as consumer pamphlets, signed purchase agreements, trust account documentation, etc? The second licensee that is giving specific assistance to the first licensee. (AS 08.88.331) Is a client who owns the property required to disclose in writing to the buyer that he/she is licensed in Alaska to practice real estate, if he/she has retained another licensee? Yes. (12 AAC 64.130) Is a conflict of interest disclosure required of the licensee who owns the property if he/she has retained another licensee? Yes. AS 08.88.391 Do you accept the Credit Card Payment form via email? No. For security purposes we can only receive the Credit Card Payment form by fax or mail. What is the difference between referral and inactive status? In a referral status the licensee is still affiliated with a broker and an office. The reason why licensees go into a referral status is to avoid realtor dues and MLS dues/fees. This is a broker issue; therefore, it is up to them if they allow you to go into their referral company. As far as the Commission is concerned, you still have an active license. In an inactive status, the licensee is not affiliated with a broker or an office. The license is placed in an INACTIVE status by the Commission after appropriate paperwork and fees are submitted by the licensee. A licensee can remain in an inactive status up to 24 months and the license can be renewed in this status. However, if you go past the 24-month deadline, by just one day, you will need to re-test and start the licensing process from the beginning. For example, if you are an associate broker or broker and let this inactive status go beyond the 24-months your license will expire and you would need to start all over with testing and pre-licensing education as a salesperson. Please be advised of the possible ramifications of putting your license in an inactive status.