AZ Real Estate office to close here

Posted by admin | Posted in Real Estate News | Posted on 06-05-2011

Tags: Close, Real Estate

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The Arizona Department of Real Estate will close its Tucson office May 31.

The agency, which regulates real estate statewide, is closing the office due to budget constraints.

The closure isn’t likely to have much effect on Tucson, as most of what was done at the office can be handled online, said Phil Tedesco, CEO of the Tucson Association of Realtors.

“From a cost-benefit analysis, I don’t think it made sense to keep the doors open,” Tedesco said.

The office, in the state building at 400 W. Congress St., near South Granada Avenue, has only been operating three days a week, on Mondays, Wednesdays and Fridays.

Barbi Reuter of Picor Commercial Real Estate Services agreed that the closure likely won’t have much negative impact, though she said it’s unfortunate the agency is losing its Southern Arizona presence.

The Department of Real Estate, which handles agents’ license applications and renewals and consumer complaints against real estate professionals, has an office in Phoenix at 2910 N. 44th St. that’s open Mondays through Fridays.

Online services are available at www.azre.gov

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