This guide is designed to give you the confidence and knowledge you need to succeed. We will walk through everything you need to know about the exam, from its structure and format to the specific topics you’ll be tested on. With the right preparation, you can pass on your first try and get started on your new career path.

Key Takeaways

• Exam Structure: The Florida Real Estate Exam consists of 100 multiple-choice questions that you must complete within 3.5 hours. A passing score is 75% or higher.
• Core Topics: The exam heavily focuses on real estate brokerage activities, contracts, property rights, and appraisal, so you should dedicate extra study time to these areas.
• Math Is Included: About 6-10 questions will test your math skills on topics like transaction closings, so be sure to practice your calculations.
• Preparation Is Essential: With a pass rate often hovering around 50-55%, dedicated preparation is crucial. Using high-quality exam prep materials significantly increases your chances of success.

Overview of the Florida Real Estate Exam

The Florida Real Estate Exam is the final step you must take before you can apply for your real estate license. Its purpose is to ensure that you have the foundational knowledge required to professionally and ethically represent clients in real estate transactions. Understanding what to expect will help you feel more prepared and confident on exam day.

The exam is a comprehensive test covering state and federal laws, real estate principles, and practical calculations. It is administered by Pearson VUE at various testing centers across Florida. The exam consists of 100 multiple-choice questions, and you are given 3.5 hours to complete it.

Exam Structure and Format

Knowing the structure of the exam will help you manage your time effectively and focus your studies on the most important areas.

Number of Questions and Types

The 100 multiple-choice questions are broken down into three main categories:

• General Principles & Practices (45 questions): These questions cover the fundamental concepts of real estate that are applicable everywhere.
• Florida and Federal Law (45 questions): This section tests your knowledge of the specific laws and regulations that govern real estate in Florida, as well as relevant federal laws.
• Math Calculations (10 questions): This portion assesses your ability to perform essential real estate-related calculations.

Math Questions

Many aspiring agents worry about the math section, but with practice, you can master it. The math questions typically cover:

• Calculating property taxes
• Prorating expenses for closings
• Calculating loan-to-value ratios
• Understanding commission splits
• Measuring property areas

Don’t let the math intimidate you. The calculations are straightforward, and a good exam prep program will provide plenty of practice problems.

Need additional help? Check out this video series on real estate math!

Topics Covered on the Exam

The exam covers 19 different content areas, but some topics are weighted more heavily than others. Focusing your study efforts on the sections with the most questions is a smart strategy.

License law and qualifications for licensure

This area makes up about 6% of the exam. You’ll need to understand the requirements for obtaining and maintaining a real estate license in Florida, including education, application processes, and background checks.

Learn More: How to Get a Real Estate License in Florida

Real estate contracts and brokerage activities

Together, contracts and brokerage procedures account for a significant portion of the exam (around 24%). This section covers:

• The essential elements of a valid contract
• Types of real estate contracts (purchase agreements, leases)
• Brokerage relationships and disclosures
• Procedures for handling offers and counteroffers

Property rights and ownership

This topic, covering about 15% of the exam, deals with how property is owned and transferred. Key concepts include:

• Estates and tenancies (e.g., fee simple, life estate)
• Types of ownership (e.g., tenancy in common, joint tenancy)
• Deeds, titles, and ownership restrictions like easements and liens

Real estate appraisal and calculations

Appraisal and calculations make up roughly 14% of the exam. You’ll be tested on your understanding of property valuation methods, how to perform comparative market analyses (CMAs), and the math involved in closing transactions.

Exam Difficulty and Passing Criteria

It’s natural to wonder, “how hard is the Florida real estate exam?” While it is challenging, passing is absolutely achievable with the right approach.

Difficulty level and pass rate

The first-time pass rate for the Florida real estate exam is often between 50% and 60%. This statistic shouldn’t discourage you. Instead, it highlights the importance of thorough preparation. Candidates who invest in quality study materials and dedicate sufficient time to learning the concepts are much more likely to succeed.

Passing score requirements

To pass the exam, you must answer at least 75 out of the 100 questions correctly, which equals a score of 75%. You will receive your official score immediately after completing the test.

Scheduling and Taking the Exam

Once you’ve completed your 63-hour pre-licensing course and submitted your application to the state, you can schedule your exam.

How to schedule

You can schedule your exam online through the Pearson VUE website. You will need to create an account and select a testing center, date, and time that works for you. It’s a good idea to schedule your exam in advance, as popular times can fill up quickly.

Exam day requirements

Arrive at the testing center at least 30 minutes early. You will need to bring two forms of valid signature ID (one must be a photo ID) and your pre-licensing course completion certificate. Personal items like phones, bags, and watches are not allowed in the testing room.

Study and Preparation Strategies

A structured study plan is your best defense against test-day anxiety. Here are some proven methods to help you prepare effectively.

Recommended study methods

Create a study schedule that breaks the material into manageable sections. Focus on understanding the concepts rather than just memorizing facts. Use flashcards for key terms and take regular breaks to avoid burnout. A great way to test your knowledge is to take a free practice exam to see where you stand.

Exam Prep Programs

Enrolling in a high-quality exam prep program is one of the best investments you can make in your new career. Gold Coast Schools has been helping students pass their exams for 55+ years. Here’s what makes Gold Coast stand out:

• Expert Instructors: Learn from industry-leading experts who know Florida real estate law inside and out and are dedicated to your success.
• Flexible Learning Options: Choose from in-person classes, livestream sessions, or self-paced online courses to fit your schedule and learning style.
• Proven Success: Gold Coast’s exam prep materials, including simulators and cram courses, are designed to give you the confidence you need to pass on your first attempt.
• Comprehensive Support: From a dedicated customer service team to career-spanning education, Gold Coast is with you every step of the way.

Your Path to Success Starts Now

Passing the Florida Real Estate Exam is the key that unlocks the door to your new career. By understanding the exam’s content, creating a solid study plan, and using reliable resources, you are setting yourself up for success. Believe in your ability to master this material and take this important step toward achieving your goals.

Gold Coast Schools is here to support you with top-rated Florida exam prep courses and a team dedicated to your success. Your real estate career is within reach, and we’re excited to help you get there.

The post What is on the Florida Real Estate Exam? appeared first on Gold Coast Schools.

RISMedia’s Rookie of the Year Program

The Rookie of the Year program aims to recognize real estate agents who are new to the field but have already made remarkable strides. Nominees for the Real Estate Rookie of the Year award were evaluated based on their 2023 sales volume and transaction data, commitment to professional education, technological skills, and community engagement. This marks the program’s third year, and 25 regional finalists were announced.

“We are delighted to again partner with RISMedia to recognize new agents who have demonstrated they are thriving in their careers and, as such, making a difference in their communities and in their profession,” said Jennifer Dixson Hoff, Colibri Real Estate’s General Manager, Professional Portfolio and Partnerships.

Why Valdes Was Drawn to Real Estate

While living in Colorado, Valdes had a newborn and a child less than a year old. It had been a difficult time for the young mom, both financially and emotionally.

“Postpartum had hit me like a train wreck, and I was just really grasping onto any little bit of light that I could find,” Valdes said.

After seeing how happy a friend was working in the Florida real estate industry, her family decided to make a change. It was then that Valdes began researching Florida real estate schools.

Valdes’ Experience With Gold Coast Schools

Valdes was still living in Colorado when she found Gold Coast Schools’ online prelicensing program. She purchased and completed the program in Colorado while caring for two babies.

“Gold Coast Schools was awesome!” Vales said. “It was so easy. I took the exam, and I passed it on the first try. So, thank you, Gold Coast! They did a phenomenal job with training.”

Valdes moved to Florida in February, passed her real estate exam in March, and was fully licensed and placed at a real estate brokerage by April.

“I took off running,” Valdes said.

She visited her local Gold Coast campus after moving to Florida.

“Gold Coast is a phenomenal company, and they’re phenomenal in person. When I went to visit them and told them I got certified online, they greeted me with the biggest, warmest smile, as if I had been walking through their doors day in and day out,” Valdes said.

Valdes’ Life as a Real Estate Agent

Although getting started wasn’t easy, Valdes found she was well-suited for the career. “It’s great that I get to be in an industry and get paid to do what I’m naturally very good at — helping people find solutions,” she said.

Valdes was also good at finding a solution to succeed in her new career.

“Many people said to drop $1,000, $2,000, $5,000 dollars in advertising, and you’ll be fine. I didn’t have that. But what I do have is people skills. I have the time, and I have the dedication.”

Valdes is now an open house specialist. She teaches open house techniques at a regional level in South Florida, which was a great honor for the new agent.

“In a few months, you can build a very substantial business,” Valdes said. “I really look forward to being a shining star for other moms who are looking at a career change and believe that they can make something beautiful happen. I just want to be that example of perseverance, God’s grace, belief, and self-love. It takes a lot of love to come out of places, find new beginnings, and not be completely scared. Truly, just know that you are enough to start over whenever you want in life. And real estate can be a wonderful new beginning,” she said.

Valdes currently works for Keller Williams Realty in Florida.

To All the Moms Out There Considering a Real Estate Career

Valdes offers these words of encouragement to young moms considering a career switch to real estate.

“I want you all to know this – you can do it if you believe you can do it. If you are looking for a career in real estate and you believe in yourself, you are one hundred percent capable of doing it and doing it with grace,” Valdes said.

Visit the Gold Coast Schools’ website to learn more about Florida real estate prelicensing packages. Like Valdes, you can become a real estate agent in Florida in just a few months.

“If you do believe that this is something that you’re called for, I highly suggest you give it a shot and really lean in on yourself,” Valdes said. “You’ve got this.”

The post Gold Coast Schools Alumni, Sasha Valdes, Named Finalist for Real Estate Rookie of the Year Program appeared first on Gold Coast Schools.

Florida’s burgeoning tech sector is reshaping the housing market in ways that are both exhilarating and challenging. This transformation presents a unique set of opportunities and obstacles for real estate agents and aspiring professionals in the Sunshine State. With a confident, forward-looking perspective, let’s explore how the tech boom influences property values, remote work dynamics, affordability, and investment potential in Florida.

Tech Job Migration to Florida

The Federal Bureau of Labor Statistics reports that Florida ranked eighth in the U.S. in job growth in 2023. Many of those jobs are tech jobs – from companies like Nvidia, Microsoft, and Tesla.

For real estate professionals, understanding this shift is crucial. The influx of tech jobs is changing the demographic landscape, driving demand for housing, and altering buyer preferences.

Rising Property Values in Tech Hubs

The tech sector’s expansion is fueling property value increases in key Florida cities. Tech hubs like Miami, Tampa, and Orlando are seeing a significant rise in real estate prices, reflecting the growing demand. This growth offers a positive outlook for sellers and presents a ripe environment for real estate agents to thrive.

However, it’s essential to approach these changes with a balanced perspective. While rising property values exemplify the market’s vitality, they also require us to guide our clients through the nuances of investing and selling in such a dynamic setting. Agents must also help buyers navigate a more competitive and complex housing market.

Remote Work and Housing Choices

The rise of remote work is another critical factor shaping Florida’s housing market. Tech professionals, empowered by the flexibility to work from anywhere, make thoughtful choices about where they call home. This trend encourages a broader exploration of Florida’s diverse communities, increasing interest in areas beyond the conventional tech hubs.

Real estate agents have a unique opportunity to showcase the vast array of housing options available across Florida. They can build lasting relationships by connecting clients with homes matching their lifestyle and work requirements.

Affordability Challenges

While the tech sector’s growth brings many positives, it also raises concerns about housing affordability. Spiraling property values can make it challenging for first-time buyers and local residents to find affordable housing. As empathetic and expert real estate professionals, you must acknowledge these challenges and advocate for solutions that ensure everyone can benefit from Florida’s growth.

By engaging in community discussions and supporting initiatives to increase housing options, we can contribute to a more inclusive and equitable market.

Opportunities for Investors

For investors, Florida’s tech-driven housing market is rich with possibilities. The demand for rental properties is rising, especially in areas with high-tech job concentrations. Investors keen on tapping into this market can find substantial rewards, but it requires a nuanced understanding of where and how to invest.

Real estate agents with in-depth knowledge of the local market and an eye for future trends can provide invaluable guidance to investors looking to capitalize on Florida’s tech boom.

Florida’s tech sector is not just transforming the housing market; it’s reshaping the foundation of how we live, work, and connect. Real estate agents who position themselves at the forefront of this change can unlock new opportunities, build meaningful relationships, and contribute to a thriving, inclusive community.

Remember, a real estate agent’s role extends beyond transactions; it’s about empowering people to achieve their housing dreams. With confidence, expertise, and empathy, you, as a real estate agent, can lead the way in Florida’s tech-driven real estate landscape.

Gold Coast Schools continues to be your trusted advisor in all things related to the real estate industry. Sign up for continuing education courses offered by Gold Coast Schools to learn valuable insights into the Florida tech boom and how it affects the housing market.

The post The Impact of Florida’s Growing Tech Sector on the Housing Market appeared first on Gold Coast Schools.