Real Estate Licensing Requirements May Change in Arizona

The Arizona Commissioner of Real Estate has proposed some long needed changes.

• A new licensee will have to complete 15 hours of additional course work PLUS the increased 30 hours of continuing education within the 2 year period of their provisional license. (This is currently 24 hours)
• All licensees will be required to complete 30 hours of continuing, and increase of 6 hours from the current requirement.
• New categories will be added to the curriculum. Proposed categories include things like "Commissioner's Hot Topics, allowing the commissioner to react to changes. A good example of that would be Short Sales. Just 2 few short years ago, this was a non-issue, now a big one. I recently wrote an article about just one short sale issue. You can read it here.
• The current 4 year license renewal will be reduced to 2 years. This is strictly a revenue measure, and should result in active rain (8)increased revenue to support the activities of the department.

I applaud Commissioner Lowe for making this long-overdue change. It is a step in the right direction.

How important do I think the education is? I am currently required to have 24 hours before May 2010. I have 42 now, and will continue to take more.