Alaska

How to verify a real estate license in Alaska

Check Alaska agents, mortgage originators (NMLS), home inspectors, appraisers (ASC registry) and surveyors; the real estate recovery fund pays up to $50,000.

In short

In Alaska, selling or listing real estate for others requires a real estate license (AS 08.88.161), and the Real Estate Commission answers questions at (907) 269-8160. Mortgage originators must be registered in the NMLS (AS 06.60.012). Appraisers can be searched in the federal ASC Appraiser Registry. If a licensee’s conduct causes a loss, the recovery fund pays at most $50,000 per licensee (AS 08.88.475).

Who needs which license?

ProfessionalWho licenses or registersRuleWhere to check
Real estate agent or brokerAlaska Real Estate CommissionAS 08.88.161 requires a broker, associate broker or salesperson license to sell, list or negotiate real estate for othersState licensing search; Commission at (907) 269-8160, RealEstateCommission@Alaska.Gov
Mortgage loan originator, lender or brokerDepartment of Commerce, Community, and Economic Development, through the NMLSAS 06.60.010 and 06.60.012 require a license and a unique NMLS identifierNMLS Consumer Access
Home inspectorDepartment of Commerce, Community, and Economic DevelopmentAS 08.18.011 requires registration as a home inspector (new homes, existing homes, or both) or as a supervised associateState licensing search
AppraiserBoard of Certified Real Estate AppraisersAS 08.87 issues general, residential and institutional certificatesASC Appraiser Registry, plus the state search
Land surveyorState Board of Registration for Architects, Engineers, and Land SurveyorsAS 08.48.281 bars practicing or advertising as a land surveyor unless registeredState licensing search

We could not open the state’s license-search pages from our tools, so we do not describe their screens. The Commission’s address and phone are printed on its official disclosure form: 550 West 7th Avenue, Suite 1500, Anchorage, AK 99501.

Real estate agents and brokers

Without a license, a person may not sell, exchange, rent, auction or purchase real estate for others, list property, collect rent or property-management fees, or “assist in the negotiation of a transaction” (AS 08.88.161). The Commission can fine unlicensed practice up to $5,000 per offense, or the amount of gain plus $5,000 if greater (AS 08.88.167).

Check the name on the license, whether it is active (an inactive licensee may not do any licensed activity, AS 08.88.251(b)), and whether the broker is named. Our real estate commission guide explains what agents may charge.

Mortgage loan originators (NMLS)

An individual may not act as a mortgage loan originator for a dwelling in Alaska without a license, must register with the Nationwide Mortgage Licensing System and Registry, and must work for a licensed mortgage company or registered depository institution (AS 06.60.012). The statute also exempts some people, including registered originators acting for banks and certain other depository institutions, a seller who finances a limited number of sales, and certain family transactions (AS 06.60.015). To check someone, use NMLS Consumer Access and look up the person’s name or NMLS number. We could not open that site from our tools.

Home inspectors

An individual may not do a home inspection for compensation in Alaska unless registered, subject to exemptions listed in AS 08.18.156, such as engineers and architects who seal their reports, or certified appraisers working within their certificate. A registered inspector must file a $10,000 bond (AS 08.18.071(b)). An associate inspector may work only under a registered inspector who is liable for the associate’s work (AS 08.18.011(d)-(e)). The cost of an inspection is in our home inspection guide.

Appraisers

Only someone holding a state certificate may hold out as a certified appraiser (AS 08.87.100). The three certificates are general, residential and institutional, and each is limited in scope by AS 08.87.100 (for example, the residential certificate covers residential property of four or fewer units, with a narrow exception). A person who is not certified may still appraise for pay if they do not claim to be certified and if federal law does not require a certified appraiser (AS 08.87.340). Search the ASC Appraiser Registry by state and certificate type; the ASC’s search form lists Alaska and the types “Certified General,” “Certified Residential” and “Licensed.” Read about the cost in our appraisal cost guide.

Land surveyors

A person may not practice or offer to practice land surveying, or use a title suggesting they are a land surveyor, unless registered under AS 08.48 (AS 08.48.281). Before paying for a boundary survey, ask for the surveyor’s registration number and check it with the Board. Our land survey cost guide covers prices.

What if a license is expired, inactive or suspended?

  1. Stop signing documents with that person and ask your lender or title company whether the work is still valid.
  2. Ask the Commission or the relevant board whether the license lapsed or was disciplined and when.
  3. For a real estate licensee’s wrongdoing, the real estate recovery fund can pay a claim after you obtain a final judgment, final arbitration award or settlement agreement, up to $50,000 for any one licensee, shared among claimants if the total is higher (AS 08.88.475). Other conditions apply; ask the Commission.
  4. For an appraisal problem, the ASC site shows an Appraisal Complaint Hotline.

Frequently asked questions

How do I know an Alaska agent is licensed?

Look the agent up in the state license search, or call the Real Estate Commission at (907) 269-8160. Make sure the license is active.

Can an unlicensed person list my house?

Not for others. AS 08.88.161 forbids listing or selling real estate for others without a license, and the Commission can impose civil penalties.

Does Alaska require home inspectors to be registered?

Yes. AS 08.18.011 requires registration for home inspections, with exemptions in AS 08.18.156. Registered inspectors must carry a $10,000 bond.

Where do I verify a mortgage loan officer?

Use NMLS Consumer Access. Alaska law requires originators to register with the NMLS and to work under a licensed mortgage company or registered bank (AS 06.60.012).

Is there money available if a licensed agent cheats me?

Possibly. The real estate recovery fund pays valid claims up to $50,000 per licensee after you have a final judgment, award or settlement (AS 08.88.475).

More Alaska guides

Sources

Alaska · All states · Federal guides