Frequent question: How much is it to renew your Florida real estate license?

How much does it cost to renew Florida real estate license?

How much does it cost to renew my Florida real estate license? It will cost $64 for Sales Associates and $72 for Brokers to renew your license through the Department of Business and Professional Regulation (DBPR).

How much does it cost to maintain a real estate license in Florida?

It costs about $1,200 per year to maintain a real estate license, including association fees, MLS fees, lock box fees, and continuing education requirements.

How often do I have to renew my real estate license in Florida?

When do I need to renew my Florida real estate license? Florida real estate licenses expire either March 31st or September 30th, every other year. Your renewal date will be determined by the date that you passed your exam.

How do I pay my Florida real estate license?

After passing the exam, you can download your updated license from the Florida Department of Business and Professional Regulation (DBPR) website. Renewal fees can be paid online to the DBPR or via check or money order.

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What happens if I don’t renew my real estate license Florida?

If you do not renew your real estate license within 6 months of your renewal date, your license will be changed to an inactive status. If you do not renew your real estate license within 2 years after your renewal date, you must reapply for a new license and pass the State exam again.

How hard is the Florida real estate exam?

How Hard is the Florida Real Estate Exam? Generally speaking, the pass rate for the Florida real estate exam is between 50-60%. By comparison, the average driving test pass rate is 45.8% in the US. So while the test may be difficult and meticulous, you will be able to pass it if you prepare and study accordingly.

How much do Realtors make in Florida?

To formulate the average salary of an active licensed real estate agent or realtor in Florida is in-fact counterproductive. Specifically, because this career is one of the few in which income potential is matched by individual effort. Top producers in Florida can make well over six-figure or seven-figure incomes.

What is required to renew your real estate license in Florida?

After completing the 45 hours (for Sales Associates) or 60 hours (for Brokers) of post-license education, you are required to complete 14 hours of Florida real estate continuing education during every two-year license period thereafter.

Does a Realtor license expire?

However, a real estate license is by no means permanent. Real estate departments in every state require that licensees continuously renew their licenses, and impose additional requirements—namely, real estate continuing education courses—in order for professionals to stay licensed.

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What will the initial effective date of your real estate license be?

What will the initial effective date of your real estate license be? Your license becomes effective the date you pass your exam.

How much is a DBPR license in Florida?

Effective July 1, 2019, the biennial license renewal fee for an active licensee will drop from $72.00 to $36.00 for licensure renewal as a real estate broker and from $64.00 to $32.00 for licensure renewal as a real estate sales associate or broker branch office.