Everything You Need to Know About Obtaining a Florida Real Estate License

A real estate license can be your ticket to a new career and life. With this license, you can explore new job opportunities and make more money by becoming a realtor. Check out this article for everything you need to know about obtaining your Florida real estate license as an individual or company representative. Beginning with the fundamentals of education, continuing through the licensing process, and covering all related information, we’ve got you covered with all there is to know about getting your license.

What is a Real Estate License?

A real estate license is an authorization that allows an individual to sell and buy real property within their state. It also allows individuals to perform essential real estate services, such as assisting clients in buying or selling real property, negotiating contracts, and handling the closing process. For a real estate license to be valid, the holder must be currently licensed in the state where he or she practices real estate. Most states require real estate license holders to pass a state-administered test before they can legally perform real estate activities.

How to Become a Realtor in Florida

If you want to become a realtor in Florida, you’ll need to obtain your Florida real estate license. The good news is, this process is pretty straightforward, and you won’t be required to go back to school. But before you start investigating the steps of the licensing process, it’s important to know that there are two ways to obtain your license as a realtor in Florida: as an individual or as a company representative. Individuals – If you want to obtain your Florida real estate license as an individual, you must have at least one of the following: a high school diploma or equivalent, 12 months of relevant real estate sales experience, or a combination of education and experience. If you’re over the age of 18 and want to pursue a career in real estate without having to partner with an established REALTOR®, these are the type of licensee you want to be. Company Representatives – If you want to become a company representative, you must have at least one of the following: a high school diploma or equivalent, 12 months of real estate sales experience, or a combination of education and experience. If you want to become a realtor by partnering with an established real estate agency, these are the type of licensee you want to be.

Licensing Process for Individuals

If you want to become a realtor by obtaining your Florida real estate license as an individual, the process is pretty straightforward. You’ll need to apply for the exam, take and pass the exam, apply for your license, and complete your mandatory continuing education (CE) hours. Let’s break down these steps: Application – You’ll first need to apply for the real estate exam by providing your name, social security number, and other personal information. You’ll also need to indicate if you’re applying as an individual or as a company representative, as well as which state(s) you’d like to be licensed in. Once you’ve applied for the exam, you’ll receive a notice of approval or denial. If approved, you’ll receive an exam application ID. Exam – Once you’ve received your exam application ID, you can take the real estate exam. This exam consists of an 80-question multiple-choice test, as well as a Florida real estate law and rules portion. You’ll have three hours to complete the exam, during which you’ll have the ability to mark questions for review and take notes. Once you’ve completed the exam, you’ll receive a pass/fail grade. If you pass the exam, you can proceed with the rest of the licensing process. Application – After taking and passing the exam, you’ll need to apply for your real estate license. This application consists of your social security number, name, date of birth, address, and contact information, as well as your experience and education information. You’ll also need to pay a $75 real estate exam fee. Once you’ve applied for your license and passed the background check, you’ll receive your real estate license.

Licensing Process for Companies

If you want to become a realtor by obtaining your Florida real estate license as a company representative, the process is pretty straightforward. You’ll need to apply for a company license, hire a real estate salesperson, and then you can apply for a managing broker license. Let’s break down these steps: Application – You’ll need to apply for a company license with the state of Florida. This application consists of your social security number, name, date of birth, and contact information. You’ll also need to pay a $75 application fee. Once you’ve applied for a company license, you’ll receive your company ID. Hiring a Salesperson – Once you’ve received your company ID, you can hire a real estate salesperson. This salesperson will be the one to apply for your managing broker license. You’ll need to hire a licensed salesperson who has been employed for at least 90 days. The salesperson must work for you for at least one year. Managing Broker License – Once you’ve employed a licensed salesperson for at least 90 days, you can apply for a managing broker license. This license can be held by an individual or a company. The managing broker license allows the holder to hire and manage real estate salespeople, as well as apply for a broker’s license. You’ll need to apply for this license via the internet.

Ways to Become Licensed as an Individual

There are a few ways you can become a realtor by obtaining your Florida real estate license as an individual. The first route is to complete a degree program at a real estate school. If you’re 25 years old or younger, you can also complete an apprenticeship program. Finally, you can enroll in a general contractor/real estate school program. Let’s break down these three routes: Real Estate School – To become a realtor by obtaining your Florida real estate license as an individual, you’ll need to complete a real estate school degree program and pass the Florida real estate exam. To be eligible for the program, you must be at least 18 years old, have a high school diploma or equivalent, and have a valid Florida driver’s license. You can complete a degree program in real estate at one of the state-approved schools in Florida. Apprenticeship – To become a realtor by obtaining your Florida real estate license as an individual, you can complete an apprenticeship program. To be eligible for the program, you must be at least 18 years old, have a high school diploma or equivalent, and have a valid Florida driver’s license. You can complete an apprenticeship program with a real estate broker or agent in Florida. General Contractor/Real Estate School Program – To become a realtor by obtaining your Florida real estate license as an individual, you can complete a general contractor/real estate school program. To be eligible for the program, you must be at least 18 years old, have a high school diploma or equivalent, and have a valid Florida driver’s license. This program is offered at select Florida colleges and universities.

Important Tips for Becoming a Realtor

There are a few important things to keep in mind if you’re interested in becoming a realtor by obtaining your Florida real estate license. The first thing to remember is that you must be 18 years of age before you can apply for your real estate license. You must also live in Florida for at least 12 consecutive months before you can apply for the exam. Real estate agents must also be honest and trustworthy. This is because the real estate industry is regulated by the government. Agents who violate ethical or professional standards can have their license revoked or suspended. It’s important to remember that real estate agents are not brokers. Becoming a realtor doesn’t mean you can open your own real estate brokerage. You must work for a licensed real estate brokerage and have a broker’s license before you can open your own brokerage.

Conclusion

If you’re interested in becoming a realtor, you’ll need to obtain your Florida real estate license as an individual or company representative. The licensing process is straightforward, and it doesn’t require you to go back to school. You’ll first need to apply for the real estate exam, take and pass