Real Estate License Florida Cost Considerations: Fee Breakdown and Other Expenses
The first question that pops into almost all aspiring realtors’ heads is “How much is a real estate license in Florida?” A search on the internet will give you varying answers without meaningful cost breakdowns.
What you will spend to get your realtor’s license in FL will vary, depending on multiple factors. Things like the school you choose to enroll in, registration fees, and your performance in the licensing exam will alter the overall real estate license Florida cost.
Let’s break down the expenses, share insider tips, and explore whether this investment is worth the return.
Pre-Licensing Coursework
FL’s state-approved coursework is 63 hours long. The program covers both state- and federal-related property market laws and topics. You have two options to choose from: online courses or in-person classes.
Online providers like RealEstateU offer affordable self-paced packages. How much is real estate school in Florida? From our research, the online study courses can range from as low as $100 to as high as $900. Look for packages offering value for your money with extra incentives like exam guides and mentorship perks.
Exam Costs
After you have finished the pre-licensing program, the next phase is prepping for the state exam. This can ramp up your total cost of a real estate license in Florida if you aren’t careful. Let’s break everything down so that you can have a clear understanding of everything in detail.
The exam fee is around $37 and is payable every time you sit for the test. Take your time and review for the test before registering. Good preparation will boost your chances of passing the test on your first attempt. A plus is that you won’t have to pay another $37 to retry the exam if you succeed.
Florida Realtor License Cost
Licensure and its associated costs can be split into two. The first expense is the application fee of about $83.75, which you pay when submitting your papers. But before that, you must pass the state’s background checks.
The checks involve fingerprinting, which will set you back between $50 and $80. Its purpose is to ensure you are a solid professional with no criminal past.
If everything goes according to plan, the DBPR will review your application, and your license can be ready in 14–30 days. You will get an email notifying you about the approval or mistakes in your application that need to be rectified.
Post-Licensing Costs
You must complete 45 hours of post-licensing education to be eligible for license renewal after 24 months. The course content is geared towards keeping you updated on current laws and ethics standards in FL’s property market industry.
The courses often go for between $100 and $200, depending on the provider. Many schools offer online courses, which are, on average, cheaper than attending in-person lessons.
Final Thoughts
To sum everything up, the real estate license Florida cost comparison can range anywhere from $1,200–$2,000. The upfront real estate license cost in Florida may seem steep, but it is a worthy investment if you factor in how Florida’s property market is booming.
Remember, don’t be afraid to make use of free learning resources if it will help you cut expenses. The overall goal is to get a quality education while still having enough money to cover application fees and other related expenses.
