Do you know how much a real estate agent earns in Florida?
According to stats, it is $93,531 per year on average. And with the heightened demand of active buyers and low-interest rates after the pandemic 2021, it is evident that the real estate market will continue to grow. And so will be the income of real estate professionals.
So, if you wish to step into this lucrative profession, this is the right time. Once you make your mind, below is a step-by-step plan to do so:
#1 Get Familiar With The Requirements
There are some specific requirements to earn a real estate license in Florida:
- Age: Minimum 18 years
- Qualification / Education: High school diploma or equivalent.
- US SSN ( Social Security Number)
#2 Earn A License
All agents are bound by the law to have Florida Real Estate License to work as a real estate agent in the state. Several institutions offer a pre-licensing course. This 63-hour course is a specific requirement to earn a real estate license. Plus, it offers you detailed knowledge to prepare you best for the Florida sales associate exam.
Those with a busy schedule or who prefer to study from home can opt for real estate live classes. Esteemed institutions like Rowlett Real Estate School offer such classes. To find them, simply search “live real estate classes near me” on Google.
Pick the mode of course that suits you best. Also, choose the school wisely as it will greatly influence – how well you will be prepared for the exam.
#3 Apply For The Test
For this, you need to submit an application and your fingerprints, and a fee of around $85. It is better to do this when you enroll in the course as it takes time to get the exam date. That is why, if you do as we said, you will get your exam scheduled precisely at the end of your course. You don’t need to have Florida citizenship or residency to apply for this test.
#4 Give And Pass The Exam
To apply for the exam, you need to pay $36.75 as a fee ( or as mentioned on the real estate commission website). It is a computerized exam that has two sections –
consist of questions on common national principles and practices concerning real estate.
Florida Specific –
it covers questions on Florida real estate laws and facts.
You get three and a half hours to finish this multiple-choice format test. The total number of questions you have to answer is 100. You need to score at least 75 to pass the exam for the Broker or Sales Associate profile. In case you do not succeed on the first attempt, you can try again as many times as you want, paying a fee of $36.75 each time. The average pass ratio of this exam is 50-60%. However, if you study well and prepare yourself under the guidance of experienced tutors, you will definitely pass the test.
That’s all you need to step into real estate in Florida as an Agent. So enroll in your pre-licensing education course today and get ready to launch your new career!