Real Estate Licensing Fee Schedule

Licensing:

$550.00- New License
(Nonrefundable application fee $50.00, License fee $375.00, Recovery Fund fee $125.00)

$750.00 Reinstatement of Lapsed License due to non renewal or non compliance of PLE
(License fee - $375.00, Recovery fee - $125.00 and Reinstatement Fee - $250.00)

$562.50 - Reinstatement of Lapsed License , Prorated,(license #18060 and higher)- due to non renewal or non compliance of PLE-
(License fee- $187.50, Recovery fee - $125.00, Reinstatement Fee - $250.00)

$175.00 - Reactivate License -if renewed inactive
(Reactivation fee $50.00, Recovery fee $125.00)

$800.00 - Reinstate/Reactivation of a Lapsed License from an inactive status
(Reactivation fee $50.00, License Fee - $375.00, Recovery Fee $125.00, Reinstatement Fee - $250.00)

$300.00 - Reinstatement – not active for failure to associate with an employing broker
(Transfer fee - $50.00, Reinstatement Fee - $250.00)

$ 50.00 - Transfer of license to another office
$ 50.00 - Active to Inactive Status
$ 30.00 - Status Change (Example S to AB)

$ 30.00 - Post-license Education Certification and New License Document

Office:

$100.00 - Open New Office (main or branch)
$ 50.00 - Change of Business Name ($50.00 for each licensee in office)
$ 50.00 - Change of Broker ($50.00 for each licensee in office)

Miscellaneous:

$ 30.00 - Change of Name on License
$ 30.00 - Duplicate License
$ 20.00 - License History
$ 20.00 - NSF Check Penalty
$ 15.00 - Roster (paper)

Education:

$ 60.00 - Initial Course Certification (per credit hour)
$ 50.00 - Biennial Course Recertification (per credit hour)
$200.00 - Initial Instructor Approval
$250.00 - Instructor Temporary Instructor Approval
$100.00 - Instructor Approval Recertification

Publication Fees:

Alaska law requires each licensed profession to cover its own regulatory costs. (AS 08.01.065). There are two types of expenses: Direct and Indirect. Direct expenses include fees that can be specifically attributed to the Real Estate Commission and Indirect expenses include office space rent, and other expenses that the division applies to all division licensees.

Direct and Indirect expenses include:

• Personal services (personnel)
• Travel (board meetings, conferences, investigations, hearings)
• Contractual services (telephone calls, postage, expert witnesses, Department of Law legal work; etc.)
• Supplies (paper, envelopes, etc.)
• Equipment (purchase and repair of computers, software, copy machines, etc)

Since the Real Estate Commission must pay its own way, each licensee pays a share of that expense through licensing fees. Generally, the more licensees the lower the licensing fee.

About six months before the current license expiration date, the division reviews the Commission’s expenses for the prior two fiscal years and calculates licensing fees based on expenses, with consideration given to roll forward credits or debits and projected increases or decreases.