News
AREC Warns Licensees of Phishing Attempt
‹ Return AREC Warns Licensees of Phishing Attempt Tuesday, June 23, 2020 AREC was notified this afternoon that several licensees have received a suspicious-looking email from an account posing as “Arkansas real estate commission”. The email states “New Profile Validation Required” and may bear the subject line “Arkansas real estate license validation”. The email goes
Rule Suspension Pursuant to Executive Orders 20-06 and 20-16
‹ Return Rule Suspension Pursuant to Executive Orders 20-06 and 20-16 Rule 4.1 Suspension PrevPreviousCOVID-19 UPDATES FROM AREC NextAREC Warns Licensees of Phishing AttemptNext
‹ Return COVID-19 UPDATES FROM AREC Is the AREC still open? Yes, the Commission remains operational; however, our building is not currently open to the public. We are following the directive of the Governor and the Secretary of Health to limit onsite work to employees who are critical to our necessary functions while enabling certain
‹ Return October 2019 Newsletter October 2019 Newsletter PrevPreviousAREC Advertising Guidelines NextCOVID-19 UPDATES FROM ARECNext
‹ Return AREC Advertising Guidelines 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
WHAT DO YOU MEAN THE SELLERS TOOK IT WITH THEM?
‹ Return WHAT DO YOU MEAN THE SELLERS TOOK IT WITH THEM? 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
‹ Return O BROKER, WHERE ART THOU? by Andrea S. Alford, Deputy Executive Director, Arkansas Real Estate Commission Webster defines the term “bona fide” as “genuine; authentic; neither specious nor counterfeit”. In one of my favorite scenes from “O Brother Where Art Thou”, Ulysses Everett McGill has escaped from prison and returned to his wife,
TIMESHARE OWNERS OFTEN TARGET OF SCAMS
‹ Return TIMESHARE OWNERS OFTEN TARGET OF SCAMS 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
‹ Return CLOSING EARLY 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
Requirements for Real Estate Courses Tighten
‹ Return Requirements for Real Estate Courses Tighten PrevPreviousRETENTION RATES FOR NEW LICENSEES NextCLOSING EARLYNext
