How much does it cost to renew your real estate license in Arizona?

How much is it to renew real estate license in Arizona?

The original license fee is $250, fingerprint processing is $24 and the Recovery Fund Fee is $10. On-time renewals are $200, and late renewals are $400. For a complete list of Arizona Real Estate License fees, click here.

How do I renew my Arizona real estate license?

Arizona Real Estate License Requirements

Complete 24 hours of renewal credit through any approved Real Estate school, within the 2 year period of the current license. ~The 24 hours must include 18 hours in the 6 required classes, and the balance of 6 hours in any class you desire.

How much does an Arizona real estate license cost?

After you meet the real estate education requirements, you can apply for the Arizona real estate licensing exam. The fee for an Arizona real estate salesperson license examination is $75, and the fee for a first-time license is an additional $60 (Original License Fee is $50; the Real Estate Recovery Fund Fee is $10).

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How many times can you take the real estate exam in Arizona?

Arizona does not have a limit on the number of times you can take the salesperson license exam. If you do not pass, you must wait 24 hours to reschedule your exam.

How do I get my real estate license in Arizona?

How to Get Your Real Estate License in Arizona

  1. Step 1: Meet the general Arizona real estate license requirements as outlined on the Arizona Department of Real Estate Website.
  2. Step 2: Complete the approved 90 hours of pre-licensing education.
  3. Step 3: Pass the school exam.
  4. Step 4: Get a Fingerprint Clearance Card.

Can you get a real estate license in Arizona with a felony?

The Department CANNOT issue a license to a person convicted of a felony who is incarcerated, paroled, or under community supervision, or on probation.

Does a transaction coordinator need to be licensed in Arizona?

Can the coordinator live out of state? Yes, but they must be licensed in Arizona. It is possible to share a transaction coordinator, but all licensees must be members of the same brokerage firm. The ADRE is also seeing numerous incidents of unlicensed assistants completing tasks that require a real estate license.

How much does the average realtor make in Arizona?

The average salary for a real estate agent in Arizona is $50,640, which is about 6% less than the national average, but the range is really wide. Agents in the bottom 20% of salaries earn $24,600 on average, while those in the top 20% earn closer to $104,500 per year.

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Is real estate a good career?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

How do I activate my real estate license?

​In order to get an active real estate license, you will have to complete a sponsorship request with the help of your sponsoring broker. This can be done online using TREC’s Online Licensing Service. Once your sponsoring broker accepts your request, TREC will issue you an active license.

Who Cannot collect from the recovery fund?

The title insurance company is not entitled to recover from the Recovery Fund. Only an aggrieved person may recover. An aggrieved person is a client or member of the public who lost money when dealing with the licensee in the scope of the licensee’s authority.

What is Article 26 of the Arizona Constitution?

Section 26. The right of the individual citizen to bear arms in defense of himself or the state shall not be impaired, but nothing in this section shall be construed as authorizing individuals or corporations to organize, maintain, or employ an armed body of men.