what do yiu need to do to become a realastate agent in arizona
Thinking nigh getting your real estate license?
Excellent selection! Arizona has 1 of the strongest real manor markets in the state, cheers to the booming aerospace manufacture. Both local and national investors are scooping up property left and right over the final decade. Every bit y'all can imagine, the hottest markets include Phoenix, Scottsdale, Flagstaff, and Tucson.
We're going to share everything you demand to know about getting your license and how to become a real manor agent in Arizona, including:
- 5 Steps to Become Your Arizona Real Manor License
- Finding the Best Arizona Existent Estate Schools
- How to Discover a Top-Notch Real Estate Broker in AZ
- Toll to Become a Existent Estate License in Arizona
- How Difficult is information technology to Succeed in My First Year in Existent Estate?
- Unremarkably Asked Questions
5 Steps to Get Your Arizona Real Estate License
The Arizona Department of Real Manor (ADRE) has some basic requirements to get your license. You have to exist at least xviii years old, have a high school diploma or GED and pass a groundwork check. If you meet the basic requirements, there are only five steps to becoming a real estate agent in Arizona:
STEP 1 | Complete the 96-hr Arizona real estate pre-license course
- You'll accept to complete the 90 hour pre-licensing grade besides equally a 6 60 minutes contract writing class with a school that's canonical past ADRE.
Step 2 | Sign up and pass the state real estate examination with a score of at least 75%
- The licensing exams are in person and proctered by PearsonVue.
Pace 3 | Complete a background check
- You lot'll have to submit your fingerprints to the Arizona Department of Public Safety. You tin can get your AZDPS Fingerprint Clearance Card Application by contacting the Section of Public Safety at (602)223-2279. Y'all can as well click hither to impress one.
- When completing the background cheque application, please apply blackness or blue ink and triple-check it to brand sure everything is accurate. When y'all submit everything, make sure to include 1) your DPS application for fingerprint clearance card form, 2) fingerprint menu and three) Fee of $67.
Footstep 4 | Submit your application to the Arizona Real Manor Committee (ADRE) and exist sure to include:
- Salesperson Awarding & Fee
- Pre-License Class Completion Document
- Arizona Test Score Report (you'll receive a copy from PearsonVue)
- Proof of Arizona Residency
- Disciplinary Actions Disclosure Course
- Disclosure Document Checklist Grade *if applicable
- DPS issued AZ Fingerprint Clearance Carte du jour (Forepart & Dorsum)
- 6 Hour Introduction to Contract Writing Grade Certificate
- More than details at: https://azre.gov/licensees/original-licensing-data
- The Designated Banker you select must access the ADRE online system to approve the hire earlier you can officially showtime selling homes. Coil down and you'll discover some important tips on selecting the all-time Arizona broker for newly licensed agents.
Finding the Best Real Estate Schools in Arizona
To go a real estate agent in Arizona, you'll have to attend a school that's canonical by the Arizona Department of Real Manor (ADRE). This includes your xc-60 minutes pre-licensing course as well as a 6-hr contract writing course. In that location are quite a few canonical existent manor schools throughout the state. Some are online, others in a classroom setting, and a few do a combination of the 2.
Here are a few of the nearly popular:
- Real Estate Limited
- The CE Shop
- Arizona School of Real Estate & Business
- McKissock Learning
- Aceable Amanuensis
- American Academy – half dozen-Hour Contract Writing Course
When researching real estate schools in Arizona, make certain that the school shares their exam "pass charge per unit" and run into if they offer additional support for exam prep and sample exams for do. Some offering weekend cram courses or online test prep courses to ensure sure that yous pass the state test with flying colors!
How Select a Real Estate Brokerage
In Arizona, y'all must affiliate with a existent estate brokerage in lodge to actuate your license and officially get a existent estate amanuensis. This is often referred to as the "sponsoring banker" or "designated broker." Picking the right brokerage to work with can be critical to your success every bit a newly licensed agent.
If yous're eager to get started in real estate once you pass the examination, we would recommend shopping for the best broker once you've completed the pre-licensing form and are scheduled to have your exam.
Here are the key factors to consider earlier selecting a brokerage:
- Commission Splits | Every brokerage is dissimilar, so make sure you empathise what your committee split will be, if in that location are any franchise fees and if the banker has an annual cap (i.eastward. a maximum amount the broker is willing to have each year).
- Support | Ask lots of questions about the type of support you'll receive. Volition you be assigned a local mentor? Will someone be available if you have questions on the weekend? Who will assistance when y'all are ready to write your first offer?
- Training | What type of training is offered and how often? Are all the grooming sessions in person or exercise they offer Zoom or recorded training – this is specially of import for those of you who are starting in real estate as a part-time agent.
- Broker Reputation / Specialty Areas | You e'er desire to go with a broker who has a great repution and provides first-class service, so ask friends and family unit who they really liked working with in the past. If you lot programme on specializing in a specific neighborhood or niche market place (i.e. luxury homes or investment properties), brand sure the brokerage aligns with your business plan.
- Office Culture | It'south important that your new brokerage and the agents who piece of work for the broker are people you'd like to connect with. Do they offering happy hours? Do they celebrate birthdays? Are there opportunities to volunteer in the community every bit part of the brokerage?
We recommend coming together with at to the lowest degree two or iii brokers before making a decision. When researching, continue in mind that many brokerages are independently endemic franchises. So one Berkshire Hathaway or Keller Williams office could be completely different from another that's just 10 minutes abroad. The civilization, training, back up squad, and sometimes even the fees and commission splits can vary from franchise to franchise.
Don't miss our latest commodity…
Focus on What's About Of import: Support & Mentorship
While many newly licensed agents are looking for the best commission splits when shopping for brokers, we would highly recommend that yous make that #2 or #three on your list. The most of import affair you should look for in a brokerage is how they support make new real estate agents. Practice they have a formal training program? Will you have at least 3 people you lot tin reach out to if y'all take questions? Are they bachelor exterior traditional business hours? Do they have mentors – and what exactly volition the mentors do to assist you?
PRO TIP: Don't be agape to enquire the brokerage LOTS of questions. Call up that yous are interviewing them to run into if they are a good fit for your new business.
Price to Get A Real Estate License in Arizona
There are several fees involved when working to become a real estate agent in Arizona…
- Pre-License Real Estate Form – $425 to $800
- License Application Fee – $lx
- State Test Fee – $75
- If you need to retake the state examination, y'all'll have to pay this fee over again
- Country exam prep courses or materials – $15 to $100 (optional)
- Background Check / Fingerprinting – $67
** Total Cost to Become a Real Estate Agent in Arizona = $650 to $1,100
More Expenses to Wait as a Realtor
Getting licensed is just the beginning! At that place are several other expenses to consider when yous get a existent estate amanuensis in Arizona. Afterwards all, y'all are building a brand new business organisation and there are always costs associated, whether you are opening a boutique bakery or launching your real estate empire.
Here are some of the most common expenses:
- Annual License Renewal Fee – $60 to $125
- National and Local Board of Realtors – $400+
- Northern Arizona Association of Realtors – $995 annually
- Scottdale Clan of Realtors – $410 per twelvemonth
- Phoenix Realtors – $490/twelvemonth + $395/year for MLS
- Tucson Board of Realtors – $490 annually
- Multiple Listing Service (MLS) – about $150 to $225 quarterly
- Application fees to join local board or MLS – $0 to $600
- Sentrilock or Supra eKey to show homes – $100 to $150 annually
- Business cards and signage – varies
- Marketing materials and advertising – varies
- Brokerage joining fee – $0 to $500 (average is most $250)
- Monthly Brokerage fee – ranges from $xxx to $450 monthly
If yous add together up the costs to get your license and the costs to officially become an amanuensis, you will probable need to spend a total of $1,800 to $3,200 to launch your new career.
Learn more about costs to become a existent estate agent in North Carolina:
It is Difficult to Go a Real Manor Agent in Arizona… and Succeed in the 1st Twelvemonth?
Your Arizona pre-licensing course is primarily focused on learning the mutual laws and terminology when practicing existent estate. The courses don't usually go into much detail (if any) on preparing home valuations, hosting open houses, or promoting your new existent estate business.
As a new REALTOR, you lot need to be highly motivated to learn everything you tin nearly the Arizona real manor business organisation. Don't be agape to ask lots of questions to your broker and/or mentor. You'll have to go up each morning with a plan to promote and abound your new business, as you are officially an entrepreneur!
As the owner of a new business organization, we highly recommend that you focus on iv things:
- Build your personal database. You'll well-nigh likely receive a large portion of your client base from people who already know and trust yous. A successful concern means having a big network of people who y'all reach out to on a regular basis. If y'all are new to the area and don't take a big network, it will be very important to get out and socialize so that y'all're coming together at least 5 to ten new people every calendar week.
- Know your neighborhood. Whether y'all are in Phoenix or Flagstaff, you demand to accept a solid understanding of the communities y'all want to serve. You should know the market statistics for each expanse, enquiry new condo developments and tour homes then yous know what buyers should await in the $300K range versus the $800K toll range. While you're doing that, its also key to allow as many people as possible know that yous are here to assist with whatever of their real estate questions.
- Marketing and promoting yourself online. From sendingn postcards to creating a website, posting on social media and networking in local online groups. There's and so much you can exercise, but we would recommend focusing on i or two marketing strategies at a fourth dimension so yous don't become overwhelmed.
- Understanding how to talk to potential clients. It's and so important that you learn how to connect and communicate with people about existent estate and how to overcome objections.
Kerry Lucasse and the Building Better Agents team talk with hundreds of newly licensed real manor agents each year. About take no idea how challenging the get-go year or two can be and how much you lot need to learn to be successful. This business is not as easy as it looks on Television! Real estate can be a rewarding and profitable business concern if you are a self-starter who is 110% committed to being successful and you lot have the support of a great mentor and brokerage.
Ofttimes Asked Questions
How hard is the Arizona real estate test?
If you lot inquire around, many real manor agents will tell you that "information technology'southward not easy", just a large percentage do pass on their commencement try, especially those that took an additional test prep form that's offered by many online schools. To laissez passer the terminal real estate licensing examination, you demand a minimum score of 75%. So out of the 140 questions, you'll demand to answer 105 correctly.
What if I fail the Arizona real estate test?
You must wait 24 hours before scheduling an appointment to retake the exam. The cost to retake the examination is $75. Please annotation that if you fail the exam twice, Arizona offers a ane-time exam review opportunity, and so you lot will have xxx minutes to review the questions you missed.
Tin I have the Arizona real estate exam online?
You must travel to a testing location where yous will be monitored for the elapsing of the exam. There are multiple locations around the state, including Phoenix, Chandler, Tempe, Flagstaff, Yuma, Tucson, and many more. Due to Covid, there may be some options for a proctored remote exam, merely please contact PearsonVue to confirm.
What is the Arizona real estate contract writing course?
Arizona'southward Introduction to Contract Writing is exactly what it sounds like – it will gear up y'all to write contracts for your home buyer and seller clients. After completing the half dozen-hour contract writing course, you will receive your completion certificate. You will demand to submit this certificate along with other documents when applying for your license.
What are the requirements for Continuing Instruction in AZ?
Every Arizona salesperson's existent estate license has to be renewed in two years. You'll need 24 hours of continuing pedagogy (CE) courses approved by the Arizona Section of Existent Estate for each renewal menses.
How do I get my Broker'due south license in Arizona?
To get an Arizona broker'southward license you must have three years of actual experience every bit a licensed existent estate agent within the past 5 years. Your feel will exist verified using the LI-226 form. You must also complete 90 hours of education through an approved Arizona existent estate school.
How long tin can I proceed my Arizona real manor license in "INACTIVE" status?
Having your real estate license on inactive status is allowedindefinitely, as long as your continuing educational activity (CE) is completed and renewal fees are paid every ii years. As an inactive agent, you are not allowed to perform real estate activity in the land of Arizona.
How much do real estate agents make in Arizona?
Different organizations report a wide range of estimates on what agents earn each yr. Indeed.com reports that the average Arizona amanuensis makes $106,150. Others report virtually $66,000 per yr. Information technology's hard to truly estimate because in that location are a large group of agents who work part-time and merely sell a handful of homes each year. As an agent in your showtime yr, $40,000 is fairly mutual, just honestly, the sky is the limit in real manor! Nosotros work with many agents who practise $40,000 in their starting time few months in the business.
Other Articles + Resources You Might Like:
- What Expenses to Wait equally a Real Estate Agent
- 20 Questions to Ask When Choosing a Brokerage
- What You lot Tin Exercise Earlier You're Officially Licensed (free guide)
- Should New Agents Join a Real Estate Squad
- Arizona Section of Real Estate (ADRE)
- Phoenix Realtor Clan
- Scottsdale Lath of Realtors
- Tuscon Association of Realtors
- Northern Arizona Clan of Realtors
- Arizona Licensing Fee Schedule
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Source: https://buildingbetteragents.com/real-estate-license/arizona/how-to-become-a-real-estate-agent-in-arizona/
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