There are several steps involved to become a real estate agent in Florida. As you learn how to become a real estate agent in Florida, it is important to know what the process entails so that you can properly prepare. With the right preparation, it is easier to navigate without unexpected delays.
In Florida, real estate agents make a median annual income of about $40,074. This comes from a range of $39,148 to $50,973 per year. There are areas in Florida where the real estate market is far more expensive, making your opportunity to earn a higher annual salary better. You will have to decide which metropolitan area you want to target and the type of real estate that you want to sell.
For example, there are exclusive communities in the Miami area where homes sell for millions. Here you are more likely to earn more than the median compared to other areas in Florida.
Due to the market in Florida, career opportunities for real estate agents are expected to increase by three percent by the year 2024. The first step in starting your career is to learn how to become a real estate agent in Florida.
To become a real estate agent in Florida, there are certain minimum requirements that you have to meet. These include:
- If you want to work toward this career path, you must be at least 18 years old when you start your pre-licensing course
- To be accepted into a prelicensure program, the state requires that you have your GED or high school diploma
- As you work through the process, you will need to show that you have a social security number
Step One: Your Prelicensure Course
This is the first of the five steps necessary to become a real estate agent in this state. You must complete all of the 63 hours of pre-licensing courses to be allowed to sit for your real estate agent examination in Florida. Throughout your time taking these courses, you will learn about the national and local laws and regulations when it comes to selling real estate.
Everything that you need to not only be successful in real estate, but also to pass your licensing examination, will be taught in these classes. Because of this, it is important to choose a pre-licensing course that best supports your learning style.
Some people opt to take their course in a physical classroom. You can find various trade schools and colleges throughout Florida that offer real estate pre-licensing courses. Here you will be in a physical classroom with other students where you are learning from an in-person instructor. Like other college classes, you may be expected to take various tests and complete different projects that reinforce what you are learning.
You also have the option to complete your pre-licensing courses in an online environment. There are different online schools, such as Real Estate Express, that make it easy to complete all of the required hours online from your home. This is a good choice if you want to have more control over the pace you are using to learn the material.
When you are exploring your options, make sure that all of the programs that you look at are approved by the state of Florida. This is imperative or else you may need to retake your pre-licensing course to earn your ability to sit for the licensing examination.
The course that you choose should provide you with a completion certificate and a copy of your transcripts. These are documents that you will need once you move forward with getting your real estate license.
Step Two: Final Course Examination
Once you get through all of the hours that you need to complete your pre-licensing course, you must take a final examination. By passing this examination, you are proving that you learned all of the fundamentals needed to become a real estate agent in this state.
You are required to earn at least a 70 percent when you take this examination. If you do not pass it the first time that you take it, you are allowed to take it once again within a 12-month period. Should you not pass it the second time, you will need to retake the full pre-licensing course before you are eligible to sit for the examination again.
This is important because by passing this examination, you are showing that you will be able to pass the test needed to get your real estate license. Since this test is so important, you should make sure that you study and that you are fully prepared before you sit for the examination. Taking some practice tests beforehand can be helpful because it can aid you in assessing how prepared you are for the actual final exam and your licensing test.
Step Three: Submit Your Fingerprints
The Department of Business and Professional Regulation in Florida requires that all aspiring real estate agents have their fingerprints on file. When you are submitting your application to take your licensing test, the state will need to already have your fingerprints to approve your application to test.
Due to how important it is to have your fingerprints in file, you want to take care of this part of the process a minimum of five days before you send in your application. However, it is recommended that you give it at least two weeks to ensure that everything is processed successfully. Should you try to submit your application before your fingerprints are approved and on file, it could cause a delay in your ability to get approved to take your licensing examination.
Step Four: Application for Licensure
The Florida Department of Business and Professional Regulation is responsible for processing all applications for aspiring real estate agents in the state. You will need to provide a lot of information as you work through the application process. Take your time and make sure that everything that you provide is accurate and up to date.
As part of the process, you must pay any fees that are associated with applying for your real estate salesperson license. The fee to take your examination is $36.75 and you should expect to pay this when you are filling out the application paperwork. You will also have an $89 licensing fee to take care of.
When you are working on this part of the process, you will be asked to prove that you completed an approved pre-licensing course. This will likely require that you submit your transcripts and the completion certificate which will show where you took your courses and that you met all of the requirements to finish.
To avoid any delays in processing your application, make sure that all of the information is accurate. Double-check what you input and ensure that all of the required documentation is attached to your application before you submit it.
Step Five: Real Estate Salesperson Examination
Pearson VUE administers the test for aspiring real estate salespeople in Florida. (pearsonvue.com) Both national and state fundamentals and requirements are part of this examination, so it is important to ensure that you are proficient in both of these before you sit for your examination.
To pass the examination, you will need to have a score of at least 75. Prior to taking this test, it is a good idea to use a few practice tests. These will help you with your time management during the examination. They also expose you to the types of questions that you will encounter when you are taking the actual test. With this information, it will be much easier to know what to study so that you have the knowledge that you need to pass.
This examination consists of 100 questions. All of them are in a multiple-choice style, so you do not have to write out your answers. There are 10 math calculations and the other 90 questions are equally divided between national and state real estate laws and principles.
You will take this test on a computer at the testing center that you choose when you register for the examination. You do not need to bring any calculators, pencils or paper with you. Anything that you need to take the examination will be provided by the testing center.
As soon as you finish the examination, you will know how you did. There will be an official score report on the computer that you use.
Now you have the information that you need regarding how to become a real estate agent in Florida. It is important that you are following the steps in order so that you do not miss any pertinent information. As you work through the process, make note of what you are doing so that you are able to keep track of the progress that you have made.
Always start with the basics to ensure that you meet the minimum requirements to become a real estate agent in Florida. From here, once you start the pre-licensing courses, you will be on your way to starting your career in real estate.