AMERICA'S REAL ESTATE ACADEMY, INC.
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Real Estate Frequently Asked Questions

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Please click a question below to find out the answer:
Questions
1) What are the requirements to become a Florida Real Estate Agent?
2) What does a Real Estate Agent do?
3) How long is the real estate salespersons course?
4) Is there a test?
5) How does a real estate license become active?
6) What is required to maintain a license?
7) Is a final exam necessary for continuing education?
8) What is the fee to apply for a license?
9) What is the difference between a licensed Real Estate Broker and Agent?
10) What are the requirements to become a broker?
   
Answers
   
1) What are the requirements to become a Florida Real Estate Agent?
 

• Be at least 18 years of age
• Have high school diploma or GED
• Complete and pass the state approved 63 hour Sales Associate Pre-License course
• Submit application to the Division of Real Estate with the appropriate fee
• Pass the state exam
• Exceptions to the above: Attorneys with a current Florida Bar Card; 4 year Degree in Real Estate

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2) What does a Real Estate Agent do?
 

A Real Estate agent is a person licensed by a state to represent a buyer or seller in a real estate transaction in exchange for a commission. Unless they are also brokers, agents must work in association with a real estate broker or brokerage company.

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3) How long is the real estate salespersons course?
 

The course is a total of 63 hours, which is the minimum mandated by the state.

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4) Is there a test?
 

Yes. This course requires a school exam with a passing grade of 70% or better. After passing the test you will be eligible to set an appointment to take the State exam to become licensed. The fee for the state exam is $31.50.

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5) How does a real estate license become active?
 

In order to have an active real estate license you must be affiliated with a broker and complete Form RE 2050.

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6) What is required to maintain a license?
 

The FL Real Estate Commission requires every new real estate licensee to complete a 45-hour post license course by the expiration date of the initial license. In addition, every licensee must take a minimum of 14 hours of continuing education every 2 years.

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7) Is a final exam necessary for continuing education?
 

Final exams are only required for distance learning continuing education courses. A score of 80% or better is required for passing.

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8) What is the fee to apply for a license?
 

The initial fee to apply for a real estate license is $152.00. The two year renewal cost is currently $85.00 for licensees.

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9) What is the difference between a licensed Real Estate Broker and Agent?
 

Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems. The terminology used to identify real estate professionals varies a little from state to state. Brokers are generally required to have more education and experience than real estate salespersons or agents. The person you normally deal with is a real estate agent or salesperson. The salesperson is licensed by the state, but must work for a broker. All listings are placed in the broker's name, not the salesperson's name. A broker can deal directly with home buyers and sellers, or can have a staff of salespersons or agents working for him or her.

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10) What are the requirements to become a broker?
 

To become a broker in the state of Florida, you must:
• Be at least 18 years of age
• Have high school diploma or GED
• Complete and pass the state approved 72 hour Brokers Pre-License course
• Hold an active Sales Associate license for 12 months out of the past 5 years
• Completed applicable post license education
• Submit application to the Division of Real Estate with the appropriate fee
• Pass the state exam
• Exceptions to the above: 4 year Degree in Real Estate

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9425 Hwy 92, Ste. 148, Woodstock, GA 30188 (Office)
Phone: 770-591-5552
email:
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