Do I need a Legal License to Become a Realtor in Florida?
Do I need a Legal License to Become a Realtor in Florida?
Florida is a good place for real estate agents because it is the third-most populous state in the nation and a favored destination for retirees. You will need a real estate license to buy or sell a property as a broker, real estate agent, or realtor in Florida.
Which License is Right for You?
Years of experience and education make up a big part of the distinction between a real estate agent or realtor in Florida and a broker. A licensed broker must supervise an agent, while an unlicensed broker may work for themselves or employ agents to work for them. Before becoming a broker, additional coursework and a minimum of two years of experience working as an agent must be taken.
Florida Real Estate License Requirement
There are two types of licenses in Florida. Each license has a different set of requirements. For instance, a sale associate in Florida who handles a real estate transaction is qualified to do so but must report to a licensed broker. A broker can run their own business and employ more agents.
License Requirements for an Agent
- Must be at least 18 years old
- Either hold a four-year estate degree or have completed 63 hours of real estate coursework through an approved provider (coursework is valid for two years from the date of completion)
- Must pass a final exam
- Must pass a background check and be truthful about all information provided
License Requirements for Broker
- Must be at least 18 years old
- You must have worked as an agent for at least two years within the past five years.
- Either hold a four-year real estate degree or have completed 72 hours of real estate coursework through an approved provider (coursework valid for two years from the date of completion)
- Must pass a final exam
- Must pass a background check and be truthful about all information provided.
Lastly, becoming a real estate agent in Florida takes about one to two months. Becoming a broker may take a little longer because of the additional criteria, which include working a minimum of two years as an agent and completing 72 hours of real estate coursework (instead of the 63 hours required to become an agent).
