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Become A Real Estate Agent In Alabama
Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Alabama or anyone looking to become a real estate agent or realtor in Alabama. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more.
The State of Alabama
Real Estate Commission (AREC), with offices in Montgomery, Alabama, oversees
all aspects of the Real Estate industry in Alabama. The requirements to
become a real estate agent in Alabama include the following:
For an applicant to obtain an Alabama real estate salesperson license they
must be a U.S. citizen or lawful permanent resident; be at least 19 years old;
show proof of bona fide residency in any state in the U.S.; show proof of high
school graduation or a GED; not have been convicted of a felony or a crime involving
moral turpitude; not have had a real estate application or license rejected
or revoked in any state within the past two years; successfully complete approved
60 clock-hour prelicense Alabama real estate courses. There are special
course rules for those applying before October 1, 2004.
In addition, those applying for an real estate salesperson license must complete
a 30-hour post-license real estate agent training in Alabama within the first
twelve months of licensure. In order to maintain an active Alabama real estate
license they must complete these courses and have the original license issued
within the first six months. And, or course, they must pass the licensing real
estate exams.
The requirements to obtain an Alabama real estate broker license include being
a U.S. Citizen or lawful permanent resident; be at least 19 years old; show
proof of bona fide residency in any state I the U.S.; show proof of high school
graduation or GED; not have been convicted of a felony or a crime involving
moral turpitude; not have had a real estate application or license rejected
or revoked in any state within the past two years.
In addition, applicants for an real estate broker license must have held an
active real estate salesperson license in any state for at least 24 months of
the 36 month period immediately preceding the date of application. They must
pass the Alabama real estate education requirements and pass the licensing
examination.
Those who hold a current license in another state may obtain a Reciprocal
license by submitting an application and a “Certificate of Licensure”
from the other state, showing your hold a current license there. Approximately
19 other states have a reciprocal agreement with the state of Alabama.
The fee for taking the real estate exams is $67.00 and the exams are held in
four different cities in Alabama.
The annual renewal fee for an Alabama real estate salesperson license, whether
active or inactive, is $175.00. The annual fee a broker license is $195.00,
and the annual fee for a license for a Company is $170.00. All agents can easily
renew a real estate license in Alabama online. Here you can find all of the
necessary Alabama
real estate agent forms.
Real estate continuing education in Alabama consists of fifteen
(15) clock hours of classes every two years in real estate schools
approved by the Real Estate Commission. You can find all of the Alabama real
estate education
forms online. Everyone holding a license is required to take continuing
education courses in Alabama.
People who desire to rent and lease apartments are not required to have an
real estate license in Alabama. However, should a licensed real estate broker
decide to manage apartments, the Commission will expect compliance with the
law and rules pertaining to depositing the security deposits in a trust account,
and also running the rent and repairs through a trust account.
Alabama real estate careers are enhanced by membership in the Alabama
Association of Realtors. The National
Association of Realtors, the world’s largest professional association, is
especially helpful in locating real estate jobs for those interested.
The Association of Real Estate
License Law Officials (ARELLO) provides outstanding guidance to help all
real estate professionals.
We also offer information and resources for Alabama
Commercial Real Estate.
Note About This Information
This portion of our website has been created for information purposes
only. It is our belief that all information presented here is accurate
as of today, however each state is constantly striving to protect
the public and provide more quality service to those using the services
of a Real Estate Agent. Change in Real Estate laws and regulations
is inevitable. The information presented here should be considered
a starting point and we encourage everyone to fully research any
information you are seeking.
To further assist you, we have included links to each state's
real estate licensing office, and also to the state's local Association
of Realtors site that provides current information on proposed real
estate license regulations in that area.
If you do find an error or have updated information, please contact
us and we will update our information accordingly. |
