If you’re a licensed real estate sales associate in Florida and want to take your career to the next level by starting your own company and having real estate agents work under you, obtaining a Florida real estate broker license is the next step. This license grants you the authority to manage your own brokerage and recruit agents, giving you more control over your real estate business.
Eligibility for a Florida Real Estate Broker License
Before pursuing your broker license, you must meet Florida’s eligibility requirements. Specifically, you need to have completed 24 months of active experience as a licensed real estate sales associate within the past five years. This ensures that you have sufficient experience in the field before taking on the responsibilities of a broker.
Steps to Obtain a Florida Real Estate Broker License
To become a licensed real estate broker in Florida, you’ll need to follow these five steps:
Complete a 72-hour FREC-approved pre-licensing course for brokers. This comprehensive course covers the necessary information you’ll need to know to operate as a broker in Florida.
Submit your broker license application to the Department of Business and Professional Regulation (DBPR) and pay the required licensing fee. This step officially starts the process toward obtaining your broker license.
Provide fingerprints to the DBPR for a background check. This is a standard procedure for ensuring you meet the ethical and legal standards required by the state.
Pass the Florida Real Estate Broker State Exam. This is a critical step, as passing this exam demonstrates that you understand Florida real estate laws, regulations, and practices well enough to manage your own brokerage.
Submit the DBPR RE 13 Broker Transaction form. Once you pass the exam, you’ll need to submit this form to activate your broker license and begin working as a licensed broker.
Accelerate Your Path with Park Place Realty Network
To meet the 24-month experience requirement, you can place your real estate license with a brokerage like Park Place Realty Network. This allows you to keep your license active and start working towards the required time with a broker to qualify for your broker license. Additionally, Park Place offers the advantage of no Realtor or MLS fees, making it a cost-effective option.
Moreover, through their affiliation with top real estate schools, you can receive a discount on the 72-hour broker course, making the journey to becoming a broker more affordable.
Conclusion
Understanding the Florida real estate broker license requirements is essential for advancing your real estate career. By completing the necessary steps and gaining the required experience, you can open your own brokerage and begin a new chapter as a licensed broker in Florida.
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