Florida Real Estate License News: 127
Team Advertising Rules Begin July 1, 2019
The FREC approved Rule 61J2-10.026 regulating team advertising. The rule will become effective July 1, 2019. This will give licensees...
Rhode Island is the 8th state with mutual recognition agreement
Rhode Island and Florida have reached agreement to mutually recognize each state's education requirement for licensure. The following states have...
Final Exam Retake
Previously, students who failed a final exam in a Florida post-license course were required to wait 30 days before taking...
No wait period for second post-licensing exam
The Florida Real Estate Commission removed the 30 day wait requirement when students fail the end of course exam for...
3-Hour Ethics and Business Practices requirement starts in 2018
Licensees who renew their their licenses beginning September 30, 2018 must complete 3 hours of Ethics and Business Practices, three...
Oklahoma No Longer a Mutual Recognition State; Rhode Island is in
The Florida Real Estate Commission now has mutual recognition agreements with seven states: Alabama, Arkansas, Connecticut, Georgia, Illinois, Mississippi, and...
Real Estate Licensees May Now Print Their Own License
Real estate licensees now have the option to print their own license by logging in to their myfloridalicense.com account. This...
Examination Fee Increases
Beginning March 1, 2016, the florida real estate examination fee charged by PearsonVue increases from $31.50 to $36.75. This increase...
Florida Real Estate Exam for Sales Associates--Your Study "Hit List"
Here's your state exam study "Hit List."
The exam has 100 multiple-choice questions and the applicant has 3 1/2 hours to...
ALERT: Florida Exam changes to reflect the new Closing Disclosure
The TILA/RESPA Integrated Mortgage Disclosure Rule goes into effect October 3, 2015. Students who studied the HUD-1 Settlement Statement will...
Print your license from your computer
The Department of Business and Professional Regulation is now expediting the licensing process for real estate professionals. Applicants who have...
HUD-1 Settlement Statement Has Gone Away
For more than 30 years, lenders gave the Good Faith Estimate and the Truth-in-Lending disclosure to consumers when they applied...
DBPR Reduces Fees for Licensees
The Florida Real Estate Commission reduced application and renewal fees for brokers, sales associates, instructors, and schools effective July 1,...
Product Knowledge No Longer Tested in State Exam
The FREC approved a new course syllabus for the 63-hour Sales Associate Prelicense Course. While several changes were made to...
Florida Real Estate Exam for Brokers - Your Study Hit List
Here is your state exam study Hit List.The exam has 100 multiple-choice questions and the applicant has 3 1/2 hours...
Members of the armed forces catch a break
Members of the armed forces no longer have to pay the initial
real estate licensing fee as long as the veteran...
Tennessee's mutual recognition agreement with Florida expires
Tennessee's mutual recognition agreement with Florida
expired last year, so now Florida has agreements with only eight
states: Alabama, Arkansas, Connecticut, Georgia,...
Are online courses more effective?
The DBPR Education and Testing Bureau has received information from the real estate testing vendor that has surprised many veteran...
The New King of Consumer Protection Regulation
The Consumer Financial Protection Bureau was created under the
Dodd-Frank Wall Street Reform Act. The Bureau is an independent
entity funded by...
Licensees must notify DBPR of ANY convictions
A little-known change in the law (July 1, 2009) requires current
licensees to report any conviction or plea to a crime,...
The Department of Community Affairs is abolished
In a controversial move, Florida's growth management laws
were significantly changed by the governor and legislature,
effectively eliminating the DCA and transferring...
Condo owners who are in arrears may not be able to use the pool
Recent changes to Florida law (Chapter 718) allow a condominium
association to deny owners (or their tenants) the right to use
The Florida Broker exam has changed significantly
The Florida Broker exam has changed significantly. For many
years, the broker exam consisted of a composite closing statement
problem that candidates...
Kentucky no longer a "mutual recognition" state
The mutual recognition
agreement between Kentucky and Florida has expired. Kentucky
licensees must now take the pre-licensing course and the
100-question state exam....
Inspecting the Inspector
Home inspections are a good idea and no one should buy a house
without one. But who regulates or inspects the...
Don't Let Surprises Ruin the Deal
The home buyers might love the house, but they hate last-moment
surprises that tell them something new about the
Those unwelcome surprises...
Staging the House
"All the world's a stage,
And all the men and women merely players.
They have their exits and their entrances’"
- William Shakespeare's...
Show and Tell
Seasoned real estate agents know there are many bumps and
obstacles on the path to the closing of a sale. Disclosure...
Walking Tall Through Buying Short Sales
We're hearing a lot about short sales these days and in an
earlier blog we addressed the issue of selling homes...
Short Sales Can Be Big Challenges
Listing agents with tall experience in "short sales"
are finding themselves once again in high demand by sellers. Agents
who take the...
What Should I Ask My Prospective Broker?
While hard work and good contacts can help you succeed during
your first years in the real estate business, probably the...
Reverse Mortgages - Information to make an Informed Decision
Many older Americans are turning to "reverse"
mortgages to finance a home improvement, pay off a current
mortgage, supplement their retirement income,...
A New Tax Deduction for Home Buyers
Home buyers who purchase in 2007 or later can deduct Mortgage
Insurance Fees When Preparing Their Tax Returns. Mortgage insurance
More women are looking for flexible careers, and are finding
that real estate fits their needs. A recent study by the...
So far in this series, we've really just talked about
building links to improve your rankings. Internal links should be
Last week we took a look at internal link optimization as a way
to boost the ranking of your real estate...
Getting Your Real Estate Web Site Listed in the Major Search Engines
When building your real estate web site, it is essential to keep
proper search engine optimization techniques in mind, or you...
A Quick Reminder Regarding Referral Fees
The Department of Financial Services (DFS),
Office of Insurance Regulation, recently published an article to
remind real estate professionals of the laws...
Commercial Brokers Can Force Commission Payments through Lien Act
If you sell or lease commercial real estate, Florida law changes
effective October 1, 2005, may help you collect your commissions.
FREC Case Study
The Florida Real Estate Commission is charged with protecting
Florida consumers from unscrupulous licensees, and takes its duties
very seriously. DBPR Press...
Explaining Listing Agreements
It is in the licensee's best interest to fully explain the
contents of a listing agreement to the seller before it...
Real Estate Brokers and Sales Associates
Why BUYERS AND SELLERS need a broker
Because buying or selling a home or investment property is acomplex and important financial...
Disclosure of Building Code Violations
Sellers must state the existence and nature of the code
violation; must give the buyer disclosure with copies of notices;