Your TO-DO-LIST To Be A Real Estate Agent In Arizona
If you’ve been wondering how to become a real estate agent in Arizona, you’ve come to the right place. Let’s first start by getting a good understanding of the role a salesperson plays in a real estate transaction.
Simply put, a real estate agent acts as the intermediary between a buyer and a seller of a property. Specifically, real estate agents help clients find homes that match their personal and financial profiles.
Once a property of interest is identified, the agent will negotiate a contract with the seller for terms that align with their client’s interest. Agents can also work on behalf of their clients to find rental properties or units to lease.
The opportunity in Arizona’s real estate market
Phoenix currently has one of the hottest real estate markets in the US. The city has demonstrated an impressive level of resiliency versus the economic turmoil caused by the COVID-19 pandemic.
In July 2021, market reports showed that Phoenix home prices rose by 29.5% versus a year ago, selling at a median price of $395k. That’s about $100k below the median home prices of neighboring states and buyer demand keeps reaching new highs.
Needless to say, this presents ample opportunities for real estate brokers to build a potential lucrative real estate business. So if you want to learn how to become a real estate agent in Arizona, let’s get started.
Your TO-DO list to become a realtor in Arizona
- Pass the eligibility requirements: You must be a US citizen or resident of at least 18 years of age to be eligible to earn the real estate certification.
- Completion of the pre-licensing education: Candidates have to test their knowledge by taking at least 90 hours of course work about the real estate industry. Classes are currently available in a virtual format as well as an in-person experience provided by an approved education provider.
In addition, candidates will also be required to take a 6-hour contract writing course.
- Time to pass the Arizona Real Estate Salesperson exam:
The time has come to put your knowledge to the ultimate test. These examinations are administered by Pearson Vue and there is a $75 fee to complete the online exam registration process.
The exam itself contains 180 questions with an additional set of 15 pretest questions. The minimum passing score for this exam is 75% and you get a total of 300 minutes to complete it.
- Find and joining the ideal Arizona real estate broker:
Before you go out in the field, you must first be sponsored/hired by an Arizaona real estate broker.
Next steps after licensing
Once you’ve become a licensed real estate agent in Arizona, it’s time to arm your business with the number #1 rated IDX plugin for WordPress: Showcase IDX. This powerful plugin will provide your website with a data feed of properties listed on the Arizona Regional MLS (ARMLS).
Showcase IDX will help retain your clients longer on your website and will help develop your personal and website credibility. If you’re ready to see your real estate business thrive, try out the Showcase IDX plugin for WordPress today.