Is it time to grow your real estate career by earning your Florida broker license? (And are you wondering about the cost to become a real estate broker?) Becoming a broker in Florida would be a smart career move if you want to make more money and have diverse income options.
According to a survey conducted by Colibri Real Estate School, the average salary of a full-time agent in Florida is $150,496. However, the average salary of a full-time broker in Florida is $545,143.
Brokers in Florida can earn additional income by obtaining leadership roles in their current brokerage or opening their own brokerages. Some earn higher salaries by using their brokerage designation to attract more clients.
Regardless of your reasons for becoming a broker, earning this designation requires that you go through a licensing process – like the process you went through to get your license to enter the industry. We’ll give you an overview of those requirements and provide details about the cost of licensing.
Key Takeaways
- It costs between $1,100 and $1,500 to become a real estate broker in Florida.
- The process involves completing an application ($91.75 fee) and undergoing a background check ($50-$75).
- You must complete 72 hours of pre-licensing education ($500-$800) and pass the Florida broker exam ($36.75).
- After obtaining the license, you must complete 60 hours of post-licensing coursework ($500) before the first renewal and ongoing continuing education ($100) to maintain the license.
Requirements to Become a Real Estate Broker in Florida
The general requirements for becoming a broker in Florida include the following:
- At least 18 years of age
- High school graduate (or equivalent)
- U.S. Social Security number
- Held an active sales associate license for at least 24 months of the preceding five years in Florida or any other state (Individuals applying from out-of-state must show a certification of license history from that state.)
Can you meet these basic requirements? The next steps of the licensing process are listed below, along with the costs to complete each step.
Cost to Become a Real Estate Broker in Florida
You must fill out an application, pass a background check, take broker pre-licensing coursework, and pass a test to become a broker in Florida. Here are the details of each step.
Step 1: Complete the application for a broker license
Application fees: $91.75
Complete the DBPR RE-2 Application for Broker License (upgrade from sales associate to broker). Once you apply, you can revisit the website to check the status of your submitted application.
The fee includes the application, license, and unlicensed activity fees.
Step 2: Get fingerprinted for your background check
Background check fees: $50-$75, depending on location
All applicants must pass a background check to become a real estate broker. Schedule your electronic fingerprinting through Pearson VUE by calling 877-238-8232 or visiting the website.
Step 3: Complete pre-licensing education
Pre-licensing education expenses: $500-$800, depending on location
Applicants upgrading from a sales associate to a broker license must complete a 72-hour pre-licensing course. The courses to get your license can be completed in person, live online, or at your own pace online.
Note: Individuals with a four-year degree in real estate may be exempt from taking the pre-licensing coursework.
Gold Coast School has been helping students reach their professional goals in the real estate industry for over 50 years. Here are the benefits of choosing Gold Coast Schools for your broker pre-licensing courses.
- You can complete your Florida real estate classes in as little as two weeks.
- We offer courses in English and Spanish.
- Instructors are selected based on their industry experience, presentation skills, and ability to make learning fun and engaging.
- You’ll have access to Gold Coast’s exclusive textbook, which includes practice questions to help you prepare for the state exam.
- There are no retake, transfer, or materials fees – and you’ll have access to course materials for two years.
Complete your in-person broker courses at one of these Florida locations:
- Doral (South Miami)
- North Miami
- Tamarac (Broward)
- West Palm Beach
- East Orlando
- North Orlando
- Boca Raton
- Kissimmee
Learn more about Gold Coast Schools’ Florida broker packages by visiting our website.
Step 4: Pass the Florida broker exam
Examination fees: $36.75
Once you have completed your pre-licensing courses, you must complete a 100-question broker licensing exam. Pearson Vue administers the exam. The Candidate Information Booklet is a valuable source for test-takers, as it details administrative policies and test-taking procedures and regulations.
Gold Coast Schools will help you pass your Florida broker licensing exam. We offer a live-stream cram review course that covers the topics and questions you will face on the state exam. In addition, our online exam prep material provides math formula flashcards, chapter-by-chapter practice questions, and two 100-question practice exams.
Step 5: Complete post-licensing coursework
Post-licensing cost: $500
The Florida Real Estate Commission requires brokers to complete 60 hours of post-license training before their first renewal deadline. There is no grace period, and failing to complete the post-licensing course before the deadline will make your broker’s license null and void.
Gold Coast Schools offers affordable post-licensing packages and will report course completion to the Department of Business and Professional Regulation.
Step 6: Complete continuing education courses
Continuing education costs: $100
Gold Coast Schools makes it easy to renew your broker license. Gold Coast offers continuing education in the classroom, livestream, and online and will report course completion to the state licensing department.
Cost to Get a Broker License in Florida
Cost To Get a Broker License – Florida
Broker Application Fee: $91.75
Fingerprinting Fee: $50-75
Broker Pre-Licensing Courses: $500-800
Broker Exam Fee: $36.75
Post-Licensing Courses: $500
Total: $1,178.50 – 1,503.50
Do you have questions about real estate agent certification cost in Florida? Reach out to the real estate education experts at Gold Coast Schools.