Wednesday, July 22, 2020

Cost of Getting a Florida Real Estate License

Cost of Getting a Florida Real Estate License Cost of Getting A Real Estate License in Florida If you’re interested in becoming a real estate agent in Florida, there are a few things you should know. First and foremost, Florida requires individuals to obtain a license. To apply for a Florida real estate license, you must be 18 years or older and have a high school diploma or equivalent. Also, you do not need to be a Florida resident in order to obtain your Florida real estate license. There are a few other requirements as well as different costs you’ll need to pay before you can begin your Florida real estate agent training. We’ve compiled them together to help you get started. Florida State Real Estate Application It is recommended to begin the state application before starting the pre-license course in order to expedite the process. This process can take up to a month. A license application is submitted to the Department of Business and Professional Regulation and costs $83.75. For broker applicants, the fee is $91.75. (You can make these payments directly to the DBPR). Both online and paper applications are acceptable. You will be required to provide personal information about yourself for both applications. In Florida, it is required to register for electronic fingerprinting to run criminal background checks. These fingerprints can be taken at a Florida approved livescan vendor for permanent residents or visitors. You can make reservations for this at PearsonVue. The cost of fingerprints is $53.50. If you are not currently living in Florida, a fingerprint card can be mailed to you by contacting the Department of Business and Professional Regulation. Registering for a Training Course Florida requires applicants to take a 63 Hour Sales Associate Pre-License Course, which includes course materials and a one-year enrollment term in the classroom course. The tuition for this course varies in price depending on where you purchase it. For example, at 360training.com, we offer the pre-license course plus an exam prep course for $110 and because it’s online it’s available 24/7 to fit your busy schedule. Passing the Class You must pass the class with 70% or higher on the school final exam. The course must be completed before taking the final exam. There is a chance to retake the test if not passed. However, 30 days must pass before you can retake it. If you fail the course exam twice, you are required to retake the entire course again. Pass the State License Exam The state exam fee is $36.75. PearsonVue will send you an “Authorization to Test” once you are approved for the state exam. An email notification will be provided to you with a candidate ID number. A License Exam Preparation Course is recommended to take after the Pre-License Course. The exam approval status is valid for two years after the approval date. Activate Your Real Estate License Once you’ve completed these steps, it’s time to activate your license through a licensed real estate broker or developer. Some things to consider in terms of cost is that you will have to pay around $50-$300+/year fees for post-licensing classes to meet ongoing licensing requirements. Real estate education is for the rest of your career.

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