News
Is the AREC still open?
Yes, the Commission remains operational, and our staff are now working on site. We are accepting guests in our building and masks are required. We check temperatures at the door and ask that anyone who is ill, been exposed to COVID or any contagious illness contact us by phone or email instead of coming into the AREC building.
License Candidate Update: Exams
Pearso…
Advertising, including all forms of identification, representation, promotion and solicitation (signage, business cards, websites, television/radio advertising, and social media), disseminated in any manner and by any means of communication to the public for any purpose related to brokerage activities listed in A.C.A. §17-42-103(10) must be under the supervision of the Principal Broker or the Bran…
By Andrea S. Alford, Deputy Executive Director, Arkansas Real Estate Commission
The day has finally come. You’ve signed every last closing document and you’re standing in the living room of your new house. You get a little misty-eyed as you picture a brightly-lit Christmas tree in front of the window. You make your way to the kitchen, dreaming about the fantastic meals you’ll soon prepare for f…
TIMESHARE OWNERS OFTEN TARGET OF SCAMS
By: Gary Isom, Executive Director of the Arkansas Real Estate Commission
For the twenty-five years that I’ve worked for the Arkansas Real Estate Commission, a consumer group that has consistently been a target of unethical activity is timeshare owners who wish to sell their timeshares. Many persons who purchase timeshares eventually find that…
CLOSING EARLY
So often AREC staff are asked whether licensed agents must secure a written agreement signed by all parties every time a buyer and seller decide to close earlier than the date specified in the sales contract.
AREC will not routinely consider it a violation if a licensee does not secure a signed statement by both buyer and seller to close early.
Of course, there can…