Quick Answer: How Many Hours Of Continuing Education Are Required For Real Estate License Renewal?

How many CE hours do you need for real estate?

Real estate brokers and salespersons must complete fourteen (14) hours of Commission-approved continuing education during each two-year license period. If you are a new salesperson licensee and you are renewing your license for the first time, you are required to complete a specific set of continuing education courses.

How long do you have to renew your real estate license in Florida?

Post-License Requirement Your license renewal date is between 18 and 24 months after you receive your initial Florida Real Estate License. If you haven’t completed your post-licensing requirement yet, have a look at our Post-Licensing Courses and Questions and Answers.

Is dual agency a good idea?

The bottom line is that dual agency is certainly a good thing for the agent but is typically a negative scenario for both the buyer and seller, as neither party is getting fair representation. This is an especially negative arrangement for inexperienced buyers and sellers who really need professional guidance.

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Can the Mrec suspend a license?

Yes, the MREC can suspend a license anytime they want. Yes, a salesperson’s license can be suspended, but a broker’s cannot. No, a salesperson must have a hearing and be found guilty by the AHC before the MREC can suspend his license.

How much does it cost to renew Florida real estate license?

How much does it cost to renew my Florida real estate license? It will cost $64 for Sales Associates and $72 for Brokers to renew your license through the Department of Business and Professional Regulation (DBPR).

What happens if I don’t renew my Florida real estate license?

And much like Florida, a license that is not reinstated during the late renewal period becomes null and void, and licensees will have to start all over if they want to become licensed again. As you can see, requirements for reinstating an expired real estate license can vary greatly from state to state.

How much does it cost to maintain a real estate license in Florida?

It costs about $1,200 per year to maintain a real estate license, including association fees, MLS fees, lock box fees, and continuing education requirements.

Why is dual agency bad?

The main reason so many legal issues surround dual agency is because your real estate agent is supposed to look out for your best interest. A dual agent can’t do that because they represent both the buyer and seller of the same home.

What is dual agency and why is it difficult?

So, not only does the basic arrangement of dual agency make it quite challenging to serve the interests of either buyer or seller, regulations state that the agent can’t even attempt to represent the interests of one or the other.

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What is the difference between a buyers agent and a Realtor?

Agents who work primarily with sellers are often called “listing agents,” REALTORS® who enjoy helping homeowners market and sell their homes. Those who work most often with buyers are referred to as “buyer’s agent,” or sometimes, “selling agents.”

What is a major concern regarding virtual home tours?

What is a major concern regarding virtual home tours? Thieves may use the information to their advantage. What is another term give to a property flyer? What is the best suggestion to give a seller if an interested party shows up at their front door unannounced?

Does the Mrec investigate?

– the MREC will NOT enter into any dispute over commissions between licensees. The authorities are investigating a violation of the law by a licensee. A citizen phoned the MREC with a complaint on a licensee. The MREC sent him a form to fill out.

Does a seller have the option to reject Subagency?

Does a seller have the option to reject subagency when signing the listing agreement? *Yes, the seller can choose to reject or accept subagency.

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