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A commercial real estate broker is the expert intermediary between landlords and tenants. While they're always working to get the best outcomes for their clients, the roles and priorities of brokers change depending on which side of the transaction they're on.
In Arizona, business brokers are regulated by the ADRE, which requires them to hold a real estate license.
Transaction Privilege Tax License – A transaction privilege tax (TPT) license (commonly referred to as a sales tax, resale, wholesale, vendor or tax license) is required for businesses selling a product or engaging in a service subject to transaction privilege tax in the state.
In Arizona, business brokers are regulated by the ADRE, which requires them to hold a real estate license.
Education – Complete 90 hours of “in classroom” or online 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.
Commercial Real Estate/Land Development is extremely competitive. It is extremely hard to get into it and it took me 3 long years to get to success. You must really have a key parcel or land to do the job. One of the biggest thing that you MUST have is to have a banker that will back you up regardless.
Commercial Real Estate Agent Salary in Arizona. $75,900 is the 25th percentile. Salaries below this are outliers. $111,800 is the 75th percentile.