Arizona Department of Real Estate (ADRE) Commissioner Judy Lowe was special guest speaker at the Scottsdale Luxury Home Tour at the Ancala Country Club on April 18.
During her presentation, Lowe shared anecdotes about “What’s Making the Phone Ring at the ADRE?” — including the recent passage of HB2569.
Arizona Governor Doug Ducey signed that legislation which allows real estate licensees (who hold a valid/current real estate license in another state for at least one year and are established as an Arizona resident) to apply for an Arizona real estate license according to reduced licensing requirements.
Here are some highlights from Lowe’s remarks:
- These new applicants will not be required to take the 90 hours of pre-licensing education
- Whatever they were in the state where they’re coming from (e.g. sales person, broker) will be recognized
- They will be required to take the state exam…180 questions…and get a passing grade of 75 percent or higher
This legislation becomes effective 90 days after the Arizona Legislative session ends — which could be as early as mid-summer 2019. The ADRE will work to determine how out-of-state applicants are approved under this new law and provide more information as it becomes available on www.azre.gov prior to the effective date.