What is the fee for a salesperson to transfer from one broker to another for the second time during a renewal period?

Prepare for the AREC Arkansas Broker Exam. Study with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for success!

In Arkansas, when a salesperson seeks to transfer from one broker to another for the second time during a renewal period, the associated fee is indeed $30. This fee structure is established to regulate the transfer process and ensure that the real estate commission maintains accurate records of licensed salespersons and their affiliations.

The fee for the first transfer is typically lower, which reflects the additional administrative work involved when a salesperson changes their broker multiple times. By setting a specific fee for the second transfer, it encourages consistency and accountability within the industry, as frequent changes can complicate brokerage management and client relationships. Understanding this fee structure is crucial for salespersons who are planning their career moves and budgeting for such changes during their renewal periods.

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