Broker Properties Real Without In Montgomery
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On average, it takes four (4) months to obtain your real estate license in Alabama. However, many students take far less or far more time to get their license. You can obtain a license in just a few weeks, or you can take your time and earn your license over the course of a year.
It's important that you realize that the 5.52% Alabama real estate commission is typically shared between the buyer's agent and the seller's agent and their respective brokerages. Here's how the commission is typically divided between real estate professionals in Alabama.
File a Complaint - Real Estate Commission Complete the Real Estate complaint form. Complaints must be submitted in writing on the real estate complaint and guaranty fund claim form. It is necessary that you submit supporting documentation with your complaint.
Complete the form online and print it for submission or print the form and complete it in black or blue ink. The form may be returned to the Commission by mail to 1201 Carmichael Way, Montgomery, AL 36106 or fax to 334-270-9118. You may also scan the form and email it to arec@arec.alabama.
Meseck, the most common complaints involve: Septic systems. Solar leases. Failure to disclose and Seller's Property Disclosures. Water rights. Miscommunication. Agent-owned property and additional supervision. Multiple offers. Unpermitted work.
A LIMITED CONSENSUAL DUAL AGENT is a licensee for both the buyer and the seller. This may only be done with the written, informed consent of all parties. This type of agent must also be loyal and faithful to the client, except where the duties owed to the clients conflict with one another.
The commission shall revoke or suspend the license or impose a fine of not less than one hundred dollars ($100) nor more than two thousand five hundred dollars ($2,500), or both, or reprimand the licensee in each instance in which the licensee is found guilty of any of the following acts set out in this section.
A Note From The Legal Helpdesk: How to File a Complaint with the Alabama Real Estate Commission (AREC) Mail: 1201 Carmichael Way, Montgomery, AL 36101. Fax: 334-270-9118. Email: arec@arec.alabama.
There is no limitation to the number of times that you may take the license examination within the six (6) months following completion of the prelicense course. How often is the license examination administered? Contact Pearson VUE by calling 888-926-9488 or visiting home.pearsonvue/al/realestate for more details.
The Alabama Real Estate Commission (AREC) requires individuals to complete the following 4 steps to receive a salesperson license. Complete 60 Hours of Approved Pre-License Education and Pass the Course Final Exam. Pass the Alabama Salesperson License Exam. Find a Qualifying Broker to Work Under.