Thinking about getting your Florida real estate license? At Global Florida Realty, we know the process can seem daunting.
This guide breaks down everything you need to know about the Florida real estate license exam fee and requirements. We’ll cover age and education prerequisites, exam details, and post-exam steps to help you start your real estate career.
What Are the Age and Education Requirements?
Age Requirement
Florida law mandates that all real estate license applicants must be at least 18 years old. This requirement applies universally, regardless of an individual’s background or experience in other fields.
Educational Background
A high school diploma or its equivalent serves as the minimum educational prerequisite for aspiring real estate agents in Florida. The state accepts a General Educational Development (GED) certificate as an alternative to a traditional high school diploma. This requirement ensures that all agents possess a basic academic foundation.
Pre-Licensing Education
The Florida Real Estate Commission (FREC) requires completion of 63 hours of pre-licensing coursework from an approved provider. This education forms the cornerstone of an agent’s knowledge base, covering essential topics such as:
-
Real estate principles
-
Florida-specific laws and regulations
-
Real estate practices
Aspiring agents can choose between online and in-person classes (depending on their learning preferences). The cost for these courses typically ranges from $200 to $500, varying based on the provider and format selected.
Course Completion Requirements
To qualify for the state licensing exam, students must pass their pre-licensing course’s final exam. Most schools set a minimum passing score of 70% on this exam. This step ensures that candidates have absorbed the necessary information before attempting the state exam.
Choosing an Education Provider
When selecting a pre-licensing education provider, consider factors such as:
-
Pass rates for the state exam
-
Student reviews and testimonials
-
Course format and flexibility
-
Additional resources and support offered
While we at Global Florida Realty don’t endorse specific schools, we’ve observed that providers with strong track records often produce well-prepared candidates.
The knowledge gained through pre-licensing education not only prepares you for the exam but also lays the groundwork for your future career. As you complete these requirements, you’ll be ready to tackle the next step: the Florida real estate license exam itself.
What to Expect on the Florida Real Estate License Exam
Exam Structure and Format
The Florida real estate license exam consists of 100 multiple-choice questions. It’s divided into two main sections: national real estate principles (45 questions) and Florida-specific real estate laws (55 questions). You’ll have 3.5 hours to complete the entire exam. Pearson VUE administers the test via computer at testing centers across Florida.
Key Topics Covered
The exam covers a wide range of topics essential for real estate practice in Florida. Some of the most important areas include:
- Property ownership and land use controls
- Valuation and market analysis
- Financing
- General principles of agency
- Property disclosures
- Contracts
- Leasing and property management
- Transfer of title
- Florida real estate license law
- Florida real estate commission rules and regulations
Focus your study efforts on these areas, as they form the core of the exam content.
Passing Score and Retake Policy
To pass the Florida real estate license exam, you need to score at least 75% correct answers (75 out of 100 questions right). If you don’t pass on your first attempt, you can retake the exam after 24 hours. However, you’ll need to pay the exam fee each time. There’s no limit on the number of retakes, but thorough preparation will help you avoid unnecessary costs and delays.
Exam Fees and Scheduling
As of 2024, the cost to obtain your real estate license in Florida is approximately $325, which covers the pre-licensing course and other associated fees. To schedule your exam, create an account on the Pearson VUE website. You can choose from available dates and times at testing centers near you. Book your exam as soon as you feel prepared, as popular time slots can fill up quickly.
Preparation Strategies
To maximize your chances of success, take practice exams and review study materials right up until your test date. Many successful agents found that consistent, focused study in the weeks leading up to the exam made a significant difference in their performance.
Passing this exam opens the door to a rewarding career in Florida real estate. While it may seem challenging, proper preparation and dedication will help you join the ranks of successful real estate professionals in the Sunshine State. The next step in your journey involves completing post-exam requirements, which we’ll explore in detail in the following section.
What Happens After Passing the Exam?
Fingerprinting and Background Check
After you pass the Florida real estate license exam, you must complete a fingerprinting and background check. The Florida Department of Business and Professional Regulation (DBPR) requires this step for all new licensees. Schedule an appointment with a state-approved vendor immediately after you pass your exam. The process costs approximately $50 and takes about a week for results processing.
Securing a Sponsoring Broker
Florida law requires new real estate agents to work under a licensed broker. Start your research on potential brokerages before you take your exam. Look for firms that align with your career goals and offer training programs for new agents. (Global Florida Realty, for instance, provides comprehensive support and mentorship for newly licensed agents.)
Submitting Your License Application
Once you secure a sponsoring broker, submit your license application to the DBPR. As of 2024, the application fee is $89. Complete the application online for faster processing. Provide details about your pre-licensing education, exam results, and sponsoring broker. Check all information carefully before you submit to avoid delays.
Fulfilling Continuing Education Requirements
Your education doesn’t end when you receive your license. Florida requires new sales associates to complete a 45-hour post-licensing course within the first 18 to 24 months of licensure. This course builds on your pre-licensing education and covers practical aspects of real estate transactions.
After you complete the post-licensing requirement, you must fulfill 14 hours of continuing education every two years to renew your license. These courses keep you updated on industry changes and best practices.
Starting Your Real Estate Career
With your license in hand, you can now start helping clients navigate the dynamic Florida real estate market. Try to build a strong network, develop your marketing skills, and stay informed about local market trends. (Your success in real estate often depends on your ability to provide value to your clients and build lasting relationships.)
Final Thoughts
Obtaining a Florida real estate license requires dedication, time, and financial investment. The process involves meeting prerequisites, completing coursework, passing the state exam, and fulfilling post-exam obligations. The total cost, including the Florida real estate license exam fee and associated expenses, typically ranges from $300 to $500.
Success in obtaining your license depends on thorough preparation and choosing a reputable pre-licensing education provider. You’ll have the opportunity to help clients achieve their property goals, enjoy a flexible work schedule, and potentially earn a substantial income. The Florida real estate market’s dynamism offers diverse opportunities for growth and specialization.
At Global Florida Realty, we provide comprehensive services for buying, selling, and investing in Florida real estate. Our team specializes in desirable areas like Orlando and offers guidance on everything from locating personal homes to managing investment properties. Your journey to becoming a licensed real estate agent in Florida may seem challenging, but the rewards (both personal and financial) make it well worth the effort.
