Broker Management Clinic (BMC)* – What is it and When is it needed?
Broker Management Clinic follows prescribed content and may focus on a particular type of real estate business, such as property management, residential or commercial real estate.
When is the BMC needed:
New Broker Applicants | Associate Broker | Designated Brokers / Self Employed Brokers and Delegated Associate Brokers** |
---|---|---|
Before application | When becoming a Designated Broker/Self Employed Broker or Delegated Associate Broker** and has not taken the BMC within the last 23 months | At every renewal |
* Effective January 1, 2013, the three (3) hour BMC course requirement changed to a nine (9) hour course consisting of three (3) separate content courses of three (3) hours each in the Commissioner’s Standards category pursuant to A.R.S. § 32-2136.
** Delegated Associate Broker = Associate Broker with written authorization to act on behalf of designated broker by reviewing and initialing contracts and similar instruments pursuant to A.R.S. § 32-2151.01(G). Effective January 1, 2013, the BMC is a new requirement for the Delegated Associate Broker license type pursuant to A.R.S. § 32-2136(C).