This in-depth guide will teach you how to get a real estate license in Arizona. It’s a complete step by step tutorial to show you how to become a licensed real estate agent in Arizona.
At some point in your life, odds are you have thought about selling real estate. While the job seems glamorous, there are many ins and outs to achieving that goal. Like anything that is worth doing, getting a real estate license requires work and perseverance.
Why Become a Real Estate Agent in Arizona?
There are many reasons to become a real estate agent in Arizona. If you are the type of person who likes to deal with people, it could be the ideal job for you. Real estate agents help people through one of the biggest moments of their lives and get paid to do it.
If you get a real estate license in Arizona, You also can benefit from the booming housing market there. In the last year alone, home prices in Phoenix, Arizona rose 16%. Real estate agents are getting in on the ground floor and profiting from the commissions.
There has also been a boom in housing due to many people leaving California. This exodus out of the state has turned Arizona into a boom town for real estate. There has never been a better time to learn how to get a real estate license in Arizona.
Becoming a real estate agent in Arizona is also a good idea due to the flexibility. Many people sell real estate in their spare time or as a side hustle. This could be a great option for people who want to keep their day job while they make a little extra money on the side.
In this article, we have covered all the real estate license requirements in Arizona. By following these steps, you can ensure your success and be certain that you are fulfilling all the necessary requirements. Getting your license is certainly not easy, but it is doable for many different personality types.
Becoming a Real Estate Agent for Investing
Another one of the most common reasons that people get their real estate license is to streamline their investing. People who invest in real estate usually want to be heavily involved in the process. The best way to do that is to become your own real estate agent and sell your own properties.
One of the reasons to get a real estate license in Arizona for investing is to save on commissions. When you hire an outside agent to handle your real estate sales, you have to split a cut of the profits. If you become a real estate agent in Arizona, you don’t have to pay anyone else to handle the transaction.
Many people want to know how to become a real estate agent in Arizona so they can be more involved in their investments. If you have high standards for the people who are purchasing your properties, you may want to have a hand in selecting them. In this case, becoming your own real estate agent is the best option.
If you are an investor, you can also start a brokerage as an umbrella for your real estate investments. By doing this, you can have multiple agents working for you and managing your properties. This is a great way to grow your business and keep your investments profitable.
Investing in real estate is one of the most profitable investment ventures. This is especially true in a state like Arizona that is on the rise. By becoming a real estate agent in Arizona, you can control your investments and keep tabs on all your transactions.
Get A Real Estate License In Arizona Step One: Take the Courses
Arizona requires you to complete 96 hours of pre-licensing education. These hours can be completed in any way that you like as long as it is at an accredited real estate school. Luckily, there are many ways to complete these hours.
Many schools will allow you to take courses online in order to get a real estate license in Arizona. This can be incredibly helpful for all kinds of people. Not everybody has the time or ability to learn in a classroom setting.
The main benefit of taking your real estate classes online is that you can do them on your own time. They are usually on demand, self-guided lessons that can be completed at your preferred pace. If you are someone who is getting your real estate license on the side, this is your best choice.
There are also online real estate schools in Arizona that offer live webinar style classes. These are usually led by an instructor with real experience selling real estate in Arizona. This type of class offers the best of both worlds since they don’t need to be done in person, but you still get instructor interaction.
The best way to choose the right real estate school for you is to know your learning style. Choosing the right type of class is the best way to become a real estate agent in Arizona. It will make the courses both fun to complete as well as more useful to you in the long run.
Get A Real Estate License In Arizona Step Two: Take the Final Course Exam
After you have completed your 96 hours of real estate education, you must take the final exam for your course. All real estate schools have this requirement regardless of the state. However, many schools offer a pass or no pay guarantee that can help you feel more comfortable with this portion.
The final course exam will cover everything that is in the course curriculum. It is a great opportunity for you to review and retain all the information. Having the course curriculum fresh in your mind will help you on your journey to becoming a real estate agent in Arizona.
While it can be slightly nerve-wracking, the final course exam is great practice. It will help you prepare for the Arizona Real Estate Sales Exam that you will have to take in order to become a real estate agent in Arizona.
Your real estate school will also help you prepare for this exam. Their main goal is to ensure that you are as ready to work in the industry as you can be. This includes being prepared for the course exam as well as the state exam.
Many real estate schools also offer extra exam prep for a small fee. If you are someone who is not necessarily good at taking tests, this is highly recommended. The more prep you receive, the more comfortable you will feel, which can lead to a higher success rate.
Step Three: Get a Background Check
The state of Arizona is fairly stringent with their requirements for background checks. In order to get a real estate license in Arizona, you must complete a rigorous checklist of documents. After completing these requirements, you can then move on to the next step.
The first step you must take is completing a Fingerprint Clearance Card. This card allows you to be fingerprinted and have your background scanned by the Department of Justice. When thinking about how to get a real estate license in Arizona, this process is often overlooked.
It can take 8 to 10 weeks to receive your fingerprint clearance card in the mail. It is important that you request it early so you are not left with too much time in between taking your courses and taking the state exam. By starting the process early, you can be sure that your documents will be in on time.
You must also complete a Disciplinary Actions Disclosure Form. On this form, you will disclose any sort of criminal background, misdemeanors or felonies that you may have. It is very important that you fill this form out correctly in order to expedite the process.
The state of Arizona will not issue you a real estate license if you have been convicted of a felony. There are, of course, exceptions but it will depend on the situation. This is why it is one of the most important steps in getting a real estate license in Arizona.
In order to get a real estate license in Arizona, you must also complete a Disclosure Document Checklist. This checklist is a comprehensive list of everything you are going to need including your social security number and proper identification. It is not only required but helpful in that you can be sure you have everything in order.
It is important to remember that this process takes time. Sending things through the mail and waiting for them to be processed can take up to two months. Because of this, it’s important to get it started as early as you can.
Step Four: Take the Arizona Real Estate Sales Exam
After all your documents have been reviewed and accepted, you are then free to take the Arizona Real Estate Sales Exam. This exam is the final step in your real estate education. It is also the step that most people are nervous about.
You must take the Arizona Real Estate Sales Exam with an official proctor. What this means is that someone will be with you to ensure that the exam is properly administered. This can often be done online but it is an important consideration to keep in mind. Having the proctor present sometimes trips people up, so it can be helpful to know that they will be there.
The Arizona Real Estate Sales Exam will closely resemble your course final exam. This is one of the benefits of having to pass the course exam first. By knowing what the content and format of the test is, you can avoid any surprises during the state exam.
Many real estate schools will offer comprehensive exam prep with some of their education packages. Only you can know what kind of test taker you are and whether or not you need this extra prep. Most people feel that this extra exam prep is incredibly helpful and makes the whole process less anxiety-inducing.
You will also have to pay an exam fee in order to take this test. In Arizona, this exam fee is around $250. This is why people like to feel prepared as they are going in to take the test. Not passing it means that you will have to pay the exam fee again. In order to avoid this, it may be best to pay a little extra for the test prep.
Step Five: Apply for Your License
After you have passed the Arizona Real Estate Sales Exam, you will then apply for your real estate license. This process can also take some time, so it is important that you are prepared for a little bit of a wait. The last thing you want is to have to wait even longer due to missing documents or certificates.
In order to apply for your license, you will need to send in every single piece of documentation. This includes the certification for your 96 hours of education as well as the results from both of the final exams you have taken.
You must apply for your real estate license within one year of passing the Arizona real estate sales exam. If you do not apply for your license in that timeframe, you must start the entire process over again. Luckily, this is a fairly long grace period and most people have no trouble completing it in the time allotted.
You must also be signed on with a broker at the time of applying for a license. What this means is that you have to find a brokerage to work for directly after passing your exam. This is where having that long grace period is incredibly helpful. It can sometimes take a while to find a proper broker to sign on with.
Signing on with a broker has many benefits. The biggest one is the ability to learn on the job. If you have completed all of your requirements, you will already be knowledgeable. However, the hands-on experience of working with a broker is unparalleled for learning the real ins and outs of the industry.
If you are really wanting to learn how to become a real estate agent in Arizona, signing on with a brokerage is the best way. You can only learn so much from a classroom environment. Working in the field will teach you more than you ever thought was possible.
By going through all of the real estate license requirements in Arizona, you can see that it is no easy task. However, there are so many resources available to you that can help you along the way. Most online real estate schools are run by professionals working in the business and you can learn so much from them.
If you are the type of person who loves dealing with people and helping them solve problems, real estate might be the business for you. There are so many opportunities to help people through the massive milestone of homeownership. At the same time, it can also be incredibly lucrative.
With the real estate market being what it is, now is a great time to learn how to become a real estate agent in Arizona. With new people moving to the state every day, there are more opportunities than ever before. By going through and understanding each step, you can figure out whether or not it would be a worthwhile venture for you.