Florida Real Estate Broker Exam — All Questions
3 questions
Real estate brokers in Florida are regulated under Chapter 475, Part I, Florida Statutes, by:
- a.The Florida Bar
- b.The Florida Real Estate Commission (FREC) within the Department of Business and Professional Regulation✓
- c.The Florida Department of Revenue
- d.The county property appraiser
Florida real estate licensing is governed by Chapter 475, Part I, Florida Statutes, and Rule Chapter 61J2, Florida Administrative Code. The Florida Real Estate Commission (FREC), housed within the Department of Business and Professional Regulation (DBPR), Division of Real Estate, licenses and disciplines brokers and sales associates. The Florida Bar, Department of Revenue, and property appraisers have separate roles.
The most significant difference between a Florida broker and a Florida sales associate is that a broker:
- a.May not list property
- b.Works only for one client at a time
- c.May operate a brokerage, register a brokerage entity, and be the escrow holder and supervisor for associates✓
- d.Is exempt from Chapter 475
A Florida broker may open and operate a brokerage, serve as the qualifying broker for a registered brokerage entity, hold escrow funds, and supervise sales associates and broker associates. A sales associate must work under a broker and cannot hold escrow or operate independently. All licensees, including brokers, remain subject to Chapter 475 and FREC rules.
To sit for the Florida broker exam, a candidate generally must have:
- a.Held an active Florida sales-associate license for at least 24 months within the prior 5 years and completed the broker pre-license course✓
- b.A four-year degree in any field
- c.Owned investment property in Florida
- d.Passed the appraiser exam
Florida requires broker candidates to have held an active real estate sales-associate license for at least 24 months during the preceding 5 years (experience in another state can qualify) and to complete the 72-hour broker pre-license course. A degree, property ownership, or an appraiser credential are not the qualifying path. Candidates should verify current requirements with the DBPR.