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Notice of Office Closure

The Alaska Department of Commerce, Community and Economic Development offices will be closed to the public on November 23rd and 24th. We will be closed November 23rd in observance of the Thanksgiving holiday and November 24th is an unpaid furlough day for employees to reduce state expenses.

Real Estate Commission

Consumer Information



Alaska Law Prohibits Rebates on Commissions

Under AS 08.88.401(d), a person licensed under AS 08.88 may not knowingly pay any part of a fee, commission, or other compensation received by the licensee in buying and selling real estate to a person who is not licensed under AS 08.88. This statute prevents the sharing of any portion of the licensee’s fee or commission on a real estate transaction with the licensee’s principal , or with any other unlicensed person. This prohibition also includes offers from organizations to rebate a portion of a licensee’s commission on the sale of a member’s home if the sale is handled through the organization’s program.

AS 08.88.401(e) provides three exceptions to this ban: 1) payments by a licensee to a person licensed to practice real estate in another state if that person has assisted the licensee in the performance of an act which requires an Alaska license; 2) payments from a licensee to a principal as part of a resolution of a dispute regarding the terms of the transaction or the property transferred; and 3) contributions from a licensee to a charitable organization.

Licensees who are considering offering rebates on commissions are encouraged to consult an attorney to ensure that they are complying with Alaska law.

AS 08.88.401 Prohibited Conduct; penalties