Arizona Real Estate (Property) Power of Attorney Form
If an individual is seeking a way to carry out real estate tasks in a more efficient and cost-effective manner, they are advised to create an Arizona Real Estate (Property) Power of Attorney. As this form allows the individual (called the “Principal”) to elect another party (their “Agent”) to manage their real estate affairs on their behalf, they will be freed of the burden of doing so themselves. The reason electing an Agent can also save the Principal money is because a skilled Agent will possess certain “tricks of the trade” that can help the Principal keep their costs to a minimum. In some cases, an Agent can even help the Principal make more money. For instance, a real estate agent with a proven track record of selling properties will be far better equipped to sell the Principal’s property for a high asking price than a Principal who lacks real estate experience.