A Consumer's Guide To Arizona Real Estate.

Whether you are a buyer or seller, you should read "Real Estate and You: A Consumer's Guide." It is published by the Arizona Department of Real Estate (ADRE) whose role is protecting the rights of both sellers and buyers as it relates to Arizona real estate. The purpose of the above referenced guide is providing a basic explanation of the real estate transaction processes and setting forth guidelines that govern those processes. The intention is to make you a more informed Buyer or Seller to assist in making prudent decisions.

It is important to note however that the Arizona Department of Real Estate cannot offer legal advice and therefore nothing within the above mentioned guide should be construed as legal advice. Purchasers and Sellers of Arizona real estate should seek the expert advice of real estate lawyers and accountants before and during the course of real estate transactions. Arizona real estate law and guidelines are subject to change. Visit the ADRE website for any changes or up-to-date information.


Following is an overview of information you'll find in the Real Estate Consumer's Guide:

Chapter 1
An introduction to the contents of the guide.

Chapter 2
Gives a brief overview of the Arizona Department of Real Estate. Even though the Department cannot offer legal advice, it has dedicated professionals available to answer general questions about real estate transactions in Arizona.

Chapter 3
Discusses the role of the real estate professional in Arizona. Licensed real estate salespersons and brokers in Arizona have considerably more authority and responsibility than in many other states. It is important for you to know what they can and cannot do. Most real estate transactions in Arizona are conducted with the assistance of licensed real estate professionals.

Chapter 4
Describes the process of preparing a home for sale, determining the level of professional help needed to sell the home, and selecting an Arizona real estate agent.

Chapter 5
Covers a discussion of the types of real estate listings and preparation for listing the property.

Chapter 6
Covers some of the steps involved in buying a home, up to the point where an offer is made.

Chapter 7
Gives an overview of the negotiations, offers and possible counter offers that often take place in bringing a buyer and seller to the point where they can agree on a final price and on final terms.

Chapter 8
Discusses some of the common financing methods used in purchasing a home in Arizona.

Chapter 9
Reviews the steps that need to be taken by both buyer and seller during the time between acceptance of an offer and the closing of the transaction (the “escrow period”).

Chapter 10
Explains the real estate closing process.

Chapter 11
Deals with the post-closing period.

The guidelines apply to all real estate transactions within the State of Arizona. This website provides information about real estate in all Metro Phoenix cities, towns and communities. Click here for information about real estate in other Arizona cities and towns outside the Greater Phoenix real estate market.

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