Topic 2.6: Broker License Requirements

Learning Objectives

After successfully completing this topic, you will be able to
• list the experience requirement for becoming a Florida broker,
• list the education courses that a Florida sales associate needs to take in order to qualify for a Florida broker license,
• state the passing score for the broker course exam and that state broker exam, respectively, and
• state the education requirement needed by a Florida broker to renew his or her license.

Experience Requirement

Broker applicants must have held an active sales associate license for at least two of the past five years working for either a broker (in any state), or for a governmental agency performing the duties of a sales associate. A sales associate does not meet the experience requirement by working under an owner-employer who is not a Florida broker.

Course Requirements

Sales Associate Post-Licensing Course. A broker candidate who holds a Florida sales associate license must have completed the sales associate post-license course, and include the completion certificate with the broker application. A broker candidate from another state does not need the completion certificate.

Broker Prelicense Course. Broker candidates must successfully complete the 72-hour broker prelicense course by correctly answering 70 of the 100 questions on the end-of-course exam. Students who fail the final examination must wait thirty days, but no longer than one year, to take an alternate examination. Students who fail the second examination must retake the course.

State License Examination for Brokers

The state license examination for brokers has questions covering twelve content areas. Candidates have 3 ½ hours to complete the 100-question exam, and must answer at least 75 questions correctly to pass. Candidates who fail the exam receive a failure notice with a diagnostic analysis showing how many questions in each area the applicant answered correctly.

Broker Post-License Course Requirement

A broker’s first license is on probation. The license will be void when the initial license expires unless the broker completes 60 hours of broker post-licensing and renews. The broker may take the course in the classroom, by livestreaming, or online. Students who fail the final examination may take an alternate examination immediately, but must pass the alternate exam within one year after failing the first examination. Students who fail the second examination must retake the course.  Graduates with 4 years or higher with a real estate major are exempt from the post-licensing requirements.

Alternatively, after the license becomes void, the broker may apply for a sales associate’s license by taking the 14-hour continuing education course and renewing.