2020 2021 Arizona Real Estate Salesperson Exam Lesson 1 Introduction

Real Estate Exam Lessons for the Audio Learner

Here is the Arizona Real Estate Salesperson Exam Lesson 1 Introduction Arizona Real Estate Salesperson Exam Lesson 1 Introduction Here is a free lesson for the Arizona Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Website https://www.reexampodcast.com Arizona Real Estate Professional Organizations Arizona Association of Realtors For real estate brokers and agents, and others in the real estate industry in AZ. Involved in education, government, professional standards, and getting real estate to the public. Creates contracts and forms to help with real estate transactions. It is made up of an executive board with a bunch of volunteer committees. Legislative and Political Affairs Committee (LPA) = protects private property rights, works with government, motivates members to civic actions. Rick Management Committee (RMC) Oversees form creation, the mediation program, legal hotline administration, arbitration. Services and Technology Committee (BST) Supports member communication, conducts surveys and research, support for computer application, such as eSign Professional and Business Development Committee (PBD), prepares tools to help members perform at a high professional level. The Arizona Department of Real Estate (ADRE) = oversees licensure and regulation in the state. All real estate professionals need to be licensed through the ADRE. No one can be paid for real estate activities without a license. Paid Activities: • Sell, exchange, purchase, rent, or lease real estate. • Offer to sell, exchange, purchase, rent, or lease real estate or timeshares. • Listing real estate • Auction real estate • Collecting rent • Advertising real estate • Negotiating real estate contracts Obtaining a Salesperson’s License • The person must have good character. • Has not had a real estate license denied within the past year or revoked within the past two years. • The person must be 18 years old. • The person has completed 90 hours of pre-licensure education. • The person has completed the real estate exam. • The person has taken a six-hour continuing education course in contracts Law and Contract Writing. Obtaining a Broker’s License • The person must have three years of actual experience as a real estate professional within the last five years. • The person must take another, more intensive exam. Renewing a License • The person must submit for renewal every two years. • 24 hours of continuing education for salespeople • 30 hours of continuing education for brokers Unlicensed Assistants • This person assists a licensed person to do certain activities under his or her supervision, such as: • Running personal errands. • Clerical/admin tasks • Preparing marketing materials • Data entry • Delivering documents • Making and confirming appointments