To become an Arizona real estate broker, you must be at least 18 years of age, have three years of experience, and complete the required training.
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Have you worked for several years as a real estate agent? If so, you may be ready to take the next step in your career and become a real estate broker.
Becoming a broker is a great choice if you love real estate and are excited by new challenges. As a broker, you must be prepared to take on more responsibilities, complete additional training, and, possibly, manage a team of real estate agents. If that sounds appealing, then becoming a licensed Arizona real estate broker may be the right choice.
This guide gives the information you need to prepare for and pursue a career as a real estate broker in Arizona, including the requirements and links to training to prepare you for your exciting new career.
To become a real estate agent, you must complete training, pass an exam, and submit to a background check. The path to becoming an Arizona real estate broker is similar but more in-depth.
According to the State of Arizona's Department of Real Estate, to become a real estate broker, you must meet the following requirements:
If you are moving to Arizona from out of state, you may be eligible to bypass real estate broker or agent training through license reciprocity.
One of the most challenging parts of earning your broker license is taking the real estate broker exam — which is why one of the requirements for becoming a broker is completing additional training. What can you expect from the Arizona real estate broker's exam?
The broker exam is a total of 180 questions broken into two sections — state and national. To pass the test, you must correctly answer at least 135 of the questions. You will have 150 minutes to answer the 80 national questions and 165 minutes to complete the 100 state-specific questions.
The broker exam covers a range of topics, including: Property ownership Financing Contracts Transfer of title Agency disclosures Handling escrows Advertising and marketing Licensing requirements
On the day of your exam, you will need two forms of identification (such as a driver's license, Social Security card, passport, or debit card), a certificate proving you have completed the required broker classes, a basic calculator, and Form LI-226, which certifies you have the required experience.
As a real estate broker, you have the opportunity to help newer agents continue their careers and lead clients through the process of becoming home or business owners. Are you up for the challenge?
Aceable provides the best in the world training and instruction to help you reach your dreams. Sign up for the Arizona Real Estate Broker training course today.