Arkansas Real Estate Practice Exam

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For how long must an agent from another state have held a broker's license to be eligible for a broker's license based on past experience?

18 months
24 months
12 months
6 months

The correct answer is: 24 months

To be eligible for a broker's license based on past experience, an agent from another state must have held a broker's license for a minimum of 24 months. This is because being a broker requires a higher level of experience and knowledge than being an agent. 18 months, 12 months, and 6 months are all shorter periods of time and may not provide enough experience and knowledge to qualify for a broker's license. Therefore, these options are incorrect. Additionally, the amount of time an agent must hold a broker's license may vary from state to state, so it is important to research the specific requirements for the state in question.