You’ve mastered the art of the showing, perfected your closing techniques, and yes, you can spot a motivated seller from a mile away. But let’s be honest—some months your commission checks look amazing, and others… well, let’s just say ramen becomes a food group.
If you're a licensed real estate agent looking for more predictable income, or an aspiring professional looking to enter the Arizona market, property management might be your golden ticket. Unlike traditional real estate sales, where income fluctuates with market conditions, property management offers steady monthly income through management fees, plus the satisfaction of building long-term client relationships.
The property management industry is expanding rapidly. With Arizona’s population growth and the steady influx of new residents, the rental market is more robust than ever. Whether it is a busy professional who inherited a rental property in Scottsdale or an investor building a portfolio in Phoenix, owners need experienced professionals to maximize their returns.
But how do you get started in the Grand Canyon State? This guide will walk you through the specific licensing requirements for Arizona, the earning potential, and how the Arizona School of Real Estate & Business (ASREB) can help you launch your career.
Yes. In Arizona, property management is considered a real estate activity. According to the Arizona Department of Real Estate (ADRE), anyone who manages real property for another for compensation must hold an active Arizona real estate license.
There is no separate "property management license." You must obtain your Real Estate Salesperson License and work under an Employing Broker who engages in property management.
Property management offers something many real estate agents crave: predictability. While sales agents stress about their next closing, property managers enjoy a steady monthly income.
Compensation typically follows one of two models:
Here's your roadmap to launching a career in property management in Arizona. Are you already licensed? Skip to Step 4!
Since property management requires a real estate license, your first step is education. Arizona mandates 90 hours of pre-licensing education from an approved school.
As Arizona’s oldest real estate school, Arizona School of Real Estate & Business (ASREB) offers flexible formats (online, livestream, or in-person) to fit your lifestyle.
After your coursework, you must pass a school final and the Arizona State Exam. This can be daunting, but ASREB students have a distinct edge. We offer comprehensive exam prep and a "Pass or Don't Pay" guarantee. If you don't pass the state exam on your first try, we’ll reimburse you for the cost of your pre-licensing package.
Before applying for your license, you must attend a 6-hour Contract Writing course. Additionally, Arizona law requires all applicants to obtain an Arizona Fingerprint Clearance Card (FCC) for a thorough background check, which can take several weeks to process.
In Arizona, you must hang your license with an Employing Broker. Look for brokerages with a dedicated property management division and strong mentorship. Once active, your priority should be mastering the Arizona Residential Landlord and Tenant Act to properly manage security deposits and serve legal notices.
Stand out to clients by becoming a Certified Property Management Expert through Colibri Real Estate. While not legally required, professional designations show you are a serious expert in the field.
Modern property management is about more than just collecting rent. To thrive, you will need:
When you attend the Arizona School of Real Estate & Business, you earn so much more than just a license. You become a knowledgeable professional with an experienced career partner focused on your future.
Ready to start your journey? With a consistent record of high state exam pass rates and quality instructors providing an unmatched teaching experience, ASREB is the best place to launch your property management career.
