finance

What is the highest selling house in Arizona?

What is the highest selling house in Arizona?
PARADISE VALLEY, Ariz. — A 13-bedroom estate in Paradise Valley is on the market for $75 million, making it one of the priciest pieces of real estate in the Valley. WOW Luxury Properties and Cullum Homes claim the 40,000-square-foot property is the “most expensive” home ever built in Arizona.

Do you have to be a Arizona resident to be a real estate agent?
In order to be a real estate agent in Arizona, the applicant must be a resident of the state. Note that current Arizona residents who are actively licensed out of state are entitled to apply for Out-of-State Recognition.

Can you be a mortgage broker and real estate agent in Arizona?
If you’ve ever wondered whether or not you can be both a real estate agent and a Mortgage Loan Officer or Mortgage Broker, the short answer is yes.

How many hours to get AZ real estate license?
Age – Be at least 18 years of age when applying for a license. Education – Complete 90 hours of Real Estate Broker pre-licensing education at an approved Arizona real estate school and pass the examination at an ADRE approved real estate school, college or university.

How many questions are on the Arizona real estate school exam?
You have 4 hours to take your 180 question exam. While the exam is challenging for some, Arizona School of Real Estate has the highest pass rates in the state!

What salary do I need to live in Arizona?
PHOENIX — New data from SmartAsset shows Phoenix ranks 14th out of the 25 largest metropolitan areas when it comes to the highest salary required to live what’s considered “comfortably.” The data shows a single person would need an average income of about $65,670 after taxes, which means about $90,000 before taxes.

What is the cheapest place to live in AZ?
Douglas. Douglas is the cheapest place to live in Arizona. San Luis. San Luis is the second cheapest place to live in Arizona. Eloy. Eloy is one of Arizona’s cheapest towns for those who prefer a balance between urban and rural living. Rio Rico. Kingman. Bullhead City. Sun City. Yuma.

Is it cheaper to live in Arizona or California?
Cost of living California is 29.3% more expensive than Arizona. If to compare the average cost of living in Phoenix, Arizona, and Los Angeles, California, you will find that CA is far more costlier than AZ. California’s housing cost is 36.8% costlier. The rent price is also way higher.

Do I have to live in Arizona to get a real estate license?
32-4302, individuals seeking licensure through Out-of-State License Recognition must: Be an Arizona resident. Currently licensed in another state for at least one year. Have completed approved real estate education in the other state.

How many questions can you miss on the AZ real estate exam?
The salesperson exam consists of 180 national and state-specific questions. To pass, you must score at least 75%. The broker exam consists of 180 national and state-specific questions. To pass, you must score at least 75%.

How long is the real estate course in Arizona?
Education – Complete 90 hours of “in classroom” or online Real Estate Salesperson pre-licensing education at an approved Arizona real estate school and pass the examination at an ADRE approved real estate school, college or university.

How long can you live in Arizona without becoming a resident?
To be eligible for classification as an Arizona resident for tuition purposes, a person must be able to prove continuous physical presence in Arizona for at least 12 months immediately preceding the semester of application.

What fee do most realtors charge?
The traditional standard commission is 6 percent of a home’s purchase price, which is split evenly (3 percent each) between the buyer’s agent and the seller’s agent. However, the typical percentage has been lowering over the years, and the average Realtor commission is 5.37 percent according to Clever.

How many questions are on the Arizona real estate state exam?
This Arizona Real Estate Salesperson Examination Content Outline is a combination of the national and state specific content as a single examination consisting of one hundred eighty (180) questions, plus fifteen (15) pretest questions.

What country owns the most real estate in the United States?
China owns roughly 384,000 acres of U.S. agricultural land, according to a 2021 report from the Department of Agriculture. Of that, 195,000 acres, worth almost $2 billion when purchased, are owned by 85 Chinese investors, which could be individuals, companies or the government.

Is AZ expensive to live?
Average Cost of Living in Arizona: $44,875 per year Arizona ranks 37th when it comes to which states have the lowest cost of living, according to MERIC’s 2022 Cost of Living Index .

What are the cons of moving to Arizona?
The heat can get intense. The heat can cause wildfires throughout the state. You’ll want to keep an eye out for the Arizona haboobs. Many residents only live in the state seasonally. Transportation is limited outside major cities.

How much money do you need to live comfortably in Arizona?
According to the study, a Phoenix-area resident without children would need to make $65,670 after taxes to live comfortably. The study is based on the MIT Living Wage Calculator, which uses the cost of housing, food, transportation, medical care and more.

What is the passing rate for real estate exam in Arizona?
While the average pass rate for the real estate salesperson exam varies from month to month, it tends to hover between 60 and 66 percent for first-time takers.

Where do you take the Arizona real estate exam?
Arizona real estate, cemetery and membership camping examinations are provided by Pearson VUE in Flagstaff, Holbrook, Kingman, Lake Havasu City, Phoenix, Show Low, Tucson, and Yuma as well as Luke Air Force Base, Davis-Monthan Air Force Base, and Fort Huachuca.

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