Arizona real estate agents work for brokers and assist clients in purchasing or selling homes. Agents usually receive a commission upon completing each transaction they complete; the exact amount depends on each brokerage’s policies.
Real estate agents have many duties and responsibilities as agents, including keeping their license in good standing and following strict rules and regulations. Furthermore, they must associate themselves with an experienced sponsoring broker to act as their mentor.
Licensing requirements
Acquisition of your real estate license is the first step to success in real estate. In Arizona, all prospective real estate agents must pass a licensing exam and fulfill other requirements to qualify as agents. As part of their preparation for this step, prospective real estate agents are advised to enroll in a pre-licensing course that offers quizzes, videos, practice exams and study materials designed to prepare them for state exams as well as tips and advice that will increase chances of passing them successfully. Most courses can be completed at your own pace online with some even providing pass or refund guarantees should they fail.
Once you’ve passed both the state exam and writing class, and submitted your license application with the Department of Real Estate (ADRE), complete your license application by attaching your Disciplinary Actions Disclosure Form and Fingerprint Clearance Card and submit them all together – this way the ADRE can process it and approve your license application quickly!
Real estate agents serve as intermediaries in the buying and selling of properties, usually earning commission from each transaction they broker. Commission structures vary between brokerages; income fluctuations may arise as competition between agents increases; in addition, there may be initial expenses involved with becoming licensed real estate agents such as pre-licensing classes, exam fees and membership dues that need to be covered up front.
Licensing requirements for real estate agents in Arizona include completing pre-licensing education and fulfilling minimum experience requirements. New agents in the state must possess at least three years of real estate experience, whether sales, property management, or both. Since licensing requirements may change from time to time, it is wise to consult the Arizona Department of Real Estate (ADRE) before embarking on their career in real estate.
Once you’ve passed both the state exam and writing class, you are officially licensed as an Arizona real estate agent. Depending on your broker, they may require that you work under their supervision until you gain enough experience to become independent. Working under a broker is beneficial for new agents as they provide valuable mentorship and resources; some will even offer commission splits of 5-6% which provides an ideal way to build experience while earning commissions with a reputable company.
Pre-licensing education
An Arizona real estate agent career can be exciting. It provides numerous opportunities to meet clients, fellow agents, lenders and professionals from related fields while contributing to its vibrant economy. Furthermore, real estate can be lucrative career that contributes significantly to Arizona’s success as a state.
As with any industry, real estate has its own set of requirements that must be fulfilled to pursue it successfully, such as classes and exams to pass. While specifics of these vary between states, most require at least 90 hours of pre-licensing education courses designed to equip prospective agents with knowledge and skills needed to thrive in real estate business – these may include Arizona real estate principles, contracts, property management or ethics training.
Students can choose to take their courses either in-person or online, depending on their preference and schedule. When selecting an Arizona Department of Real Estate-approved school that provides courses that fulfill its licensing requirements. Students must successfully complete these courses prior to sitting the real estate salesperson exam.
After passing your state exam, once you find one you must find a broker to work under. This requirement of the state will help get your career off the ground; brokerage will handle real estate transactions while offering support and guidance as you work through them – they are also responsible for filing all required paperwork with the appropriate authorities.
Arizona real estate license requirements involve taking at least 90 hours of pre-licensing classes and passing a Pearson VUE exam, then submitting your application and paying all related fees directly to the Arizona Department of Real Estate; including pre-licensing courses fees, Pearson VUE exam fees and Fingerprint Clearance Card fees.
The process for obtaining a real estate license varies by state, but generally follows a similar path. First, complete and pass a 90 hour pre-licensing course at your school of choice before receiving fingerprint clearance card from Department of Public Safety – once complete you’ll be ready to begin your new career as a real estate agent in Arizona!
Fingerprint clearance card
Arizona Real Estate agents must obtain a fingerprint clearance card prior to activating their Salesperson license in order to conduct business and prevent fraud. A background check may take up to 10 days and in this time you may not be allowed to work as an agent but instead continue with other licensing requirements.
Fingerprint cards are used by government agencies and contractors, bank employees, mortgage brokers and others for clearance services and legal needs such as court cases or adoptions. You can obtain them through local police departments or licensed professionals in your area or you can utilize online resources to find fingerprinting locations near them.
Arizona Department of Public Safety offers an easy-to-use and user-friendly online portal for fingerprinting applications, making them accessible from any computer with Internet connectivity. Furthermore, electronic fingerprint submission is enabled; any resident can submit them. It’s best to submit applications early so as not to experience delays.
Download an application from the Arizona DPS website or contact customer service for help in submitting fingerprints and fees. Once submitted, the AZDPS will process results and issue the card.
If the Arizona DPS is unable to clear your record, they will notify you in writing and give an opportunity for you to request a good cause exception if they can demonstrate rehabilitation since conviction – this may include providing references and proof of counseling programs as evidence. You can also file an appeals case and appeal their denial.
If you have been charged with a crime involving moral turpitude, such as theft, you should not be eligible for a real estate license. However, if your criminal past doesn’t relate directly to real estate careers then fingerprint clearance might be possible.
Exams
The Arizona real estate exam is an integral component of becoming licensed real estate agent, designed to assess your knowledge and understanding of real estate principles, laws, and regulations that will help ensure success in your career. For optimal success on this examination, enrolling in a pre-licensing course offered by an official government-approved school can significantly increase your odds of passing successfully and provide quality education using up-to-date materials.
Once you have successfully completed the required 90 hours of pre-licensure coursework and passed your course exam, it’s time to take your state real estate exam. Simply schedule it through Pearson VUE using your date of completion for coursework as well as ADRE approval number from your pre-licensure school (search here for approved schools) – there will be a $75 exam fee payable on taker day.
When taking your exam, bring two forms of current signature identification – including one with photo – along with you. The exam consists of graded and ungraded questions; your score will depend upon answering at least 75% of graded questions correctly to get a passing grade for that section of graded questions. If you fail the state exam, there will be an opportunity to retake any missed questions at another date and time.
As part of your licensing process in Arizona, it will be necessary for you to select a sponsoring broker who will guide your journey into real estate sales. Your sponsoring broker should offer support, career and educational opportunities and build your reputation within the industry while connecting you with potential clients.
Once you’ve successfully passed both national and state-specific portions of the real estate exam, you can apply for a salesperson license with the Arizona Department of Real Estate. You have one year to complete this process which involves paying fees and contributing to a real estate recovery fund; background check/fingerprinting requirements will need to be fulfilled prior to licensure being approved; Arizona has an low real estate agent exam pass rate but you can increase your odds by prioritizing education with an ADRE-approved real estate school.