Do you want to know How long is a FL real estate license good for? Based on my expertise and the fact that Florida is one of the three fastest-growing states in the country, the Florida real estate market remains robust.
In Florida, real estate brokers must renew their licenses every two years. The first time you must renew, it takes more effort than subsequent renewals.
Depending on when you pass your test, your license will expire between 18 and 24 months after you initially obtain it. Make a plan to refresh it so you don’t lose it.
To that purpose, I’ll discuss how long a Florida real estate license is valid and the conditions for renewing a real estate license.
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Now, let’s get started.
Does Florida’s Real Estate License Expire
Florida real estate licenses become invalid every other year, on either the 31st of March or the 30th of September.
The date you completed your test will serve as the basis for determining your renewal date. On your driver’s license, the expiration date is printed.
It is also essential to know that the criteria for keeping a real estate license varies significantly from state to state.
Although the particular restrictions differ, one thing remains consistent: they are all enforced for the same reasons.
Condition real estate commissions must ensure that industry professionals continue to learn more about industry practices to serve their consumers ethically and responsibly.
In addition, industry professionals must retain the real estate knowledge they exhibited when they initially applied for a license to keep their license.
The most effective method for state commissions to fulfil their duties and obligations is to mandate license-holders continuing education requirements.
How Long Is A FL Real Estate License
Depending on when you took and passed the state test and when you received your original license, the length of your first renewal term might be between 18 and 24 months.
You do not need to worry about forgetting when it is time to renew your license because the date it will expire is displayed on it.
After your successful renewal, the subsequent renewal periods will always be twenty-four months.
Note that the DBPR will only extend the renewal dates for complete real estate coursework. As a result, we advise you to enroll in the required post-licensing and continuing education seminars three to six months before your license expires.
This should give you sufficient time to finish the coursework, successfully take the course test, and provide the DBPR records proving that you have completed the requirements.
It may take the DBPR up to two weeks to evaluate the proof that you have completed your course.
How Long Can A Florida Real Estate License Stay Inactive
If the current date is between 13 and 24 months after the day that your license was supposed to expire, then you will be required to complete a reactivation course that is 28 hours long and pay a late charge to the DBPR.
The reactivation course is offered at a reduced rate here at Bob Hogue School for your convenience.
Your Florida real estate license will become worthless if more than 24 months (or 48 months for brokers) have passed from the day your status expires, and you will have to start the application procedure all over again if you wish to reclaim it.
Before enrolling in any classes, you must make sure you have called the DBPR to know precisely how to get your license back into good standing.
Because of your license, which you may use to log in to this website, you should also have a login with the DBPR’s website.
Within your online DBPR account, you will have the option to pay any costs that are delinquent to the DBPR.
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How Long Does It Take To Get A Florida Real Estate License
The time it takes to obtain a license to practice real estate in Florida might range from two months to five months on average.
Some students can finish the mandatory 63-hour Pre-License course in only a few weeks, while it may take other students several months, depending on how much time they have to spend in their class.
Students should prepare to spend an additional one to two months locating a sponsoring broker, applying for a license, and passing the Florida real estate exam once they have finished the requisite curriculum.
How To Renew Your Florida Real Estate License
Here’s a rundown of everything you need to know about renewing your Florida real estate license and staying on the market:
Meet the following specific first-renewal requirements:
The material you learned in the pre-licensing education seminars must be expanded upon in a 45-hour post-license program approved by the state before your license expires during the first renewal cycle.
Important: You must retake the pre-license course, pass the exam, and retake the state exam if you still need to finish the pre-renewal post-license education by the expiration date.
Various providers offer classes that may be taken online or in a traditional classroom format.
Local boards, associations, reputable organizations, technical centers, and real estate colleges provide course packages. Prices start at $150 and go up to $250.
Many new sales associates take the Graduate Realtor Institute (GRI) 100 Series education seminars to fulfil the 45-hour post-license requirement.
These courses are well-known for preparing sales associates for a successful real estate career.
GRI courses are accessible both online and in the classroom. The sponsoring board or licensed provider determines the cost.
Contact your local board or the Florida Realtors Education Calendar for dates and course availability.
After completing the exam, your new license will be available for download on the Florida Department of Business and Professional Regulation (DBPR) website.
You can send the DBPR cash, check, or money order to pay for the renewal fees.
Complete the following continuing education hours:
Following the first post-license renewal term, you must complete 14 hours of FREC-approved continuing education (CE) programs throughout each two-year license renewal period.
There must be at least eight hours of specialty instruction in addition to the three hours of core law and three hours of ethics and business practices.
Online classes, local boards/associations, and licensed real estate school vendors are all accessible. See the Florida Realtors Education Calendar for schedules, fees, and course selections.
After fulfilling the 14-hour requirement, you may get your updated license from the DBPR website. Renewal costs are payable online, by check, or by money order.
Keep all of your continuing education letters to prove your education. If the credits were not correctly communicated to the DBPR, you can utilize the letters to rectify the situation.
Reactivate a license that has been inactive involuntarily:
If your license expires, you have two years to reinstate it. Suppose you must still fulfil your continuing education requirements and reinstate your license.
In that case, your license will become null and invalid, and you will have to start the licensing procedure all over again if you want to continue selling real estate.
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If your license is dormant for less than a year, you can revive it by completing 14 hours of continuing education.
If it has been inactive for over 12 months but less than 24 months, you must complete 28 hours of continuing education credits in addition to the core law requirements.
By mailing your renewal letter and pay, you can renew an involuntarily inactive license. For more information, call the DBPR customer service line at 850.487.1395 or visit www.MyFloridaLicense.com.
Send in a letter of Continuing Education Deficiency:
The DBPR oversees CE compliance. They will give you a Continuing Education Deficiency letter if their records reveal that you must still complete all the requisite hours for a renewal term.
The DBPR’s records are available on their website.
When you have finished all of your needed hours, send the deficiency notice, together with copies of your course completion certificates, to:
• Education and Testing Bureau
• Unit of Continuing Education
• Business and Professional Regulation Department
• 1940 North Monroe St.
• 32399-1046 Tallahassee, FL
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How Do I Keep My Florida Real Estate License Active
You need an active license to provide real estate brokerage services.
Sales associates can gain active status by locating employment and registering with the DBPR under the employing broker or owner-developer.
Licensees may cancel their licenses if they decide not to conduct real estate business. Voluntary and involuntary inactivity are the two different sorts of inactive states.
1. Willful Inactivity – A licensee who meets the requirements for a real estate license but decides against working in the industry for a certain amount of time and seeks this change is put on a voluntary inactive status.
By submitting the appropriate paperwork to the DBPR, a licensee may voluntarily alter an active license to an inactive license status. These license holders currently have an inactive license.
2. Involuntary Inactive – If a license holder does not renew an active or voluntary inactive license prior to the expiration date (apart from the initial renewal), the license automatically reverts to involuntary inactive status.
Within the next two years, the licensee must satisfy continuing education requirements to renew their license to either an active or voluntarily inactive status.
A license can only be involuntarily inactive for a maximum of two years. Without additional FREC or DBPR action, the license automatically expires (becomes null and invalid) after two years.
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Final Thought
Now that we have established How long is a FL real estate license good for, also know that A Florida real estate license is required to purchase and sell real estate in Florida.
Certain restrictions, such as age limits and prior job experience in the industry, must be satisfied. The expense of earning your license, as well as the requisite education, is not free.
In a real estate market like Florida, where thousands of people move their yearly for retirement, the time and money may be worth it.