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Fla. real estate licensee fees now 20% less

 

TALLAHASSEE, Fla. – July 24, 2014 – The Florida Department of Business and Professional Regulation (DBPR) introduced permanent fee cuts for Florida Real Estate Commission (FREC) licensees on July 1. DBPR says the permanent fee reductions will save real estate licensees, initial and renewals, an average $2.7 million each year.

Brokers, sales associates, corporations, partnerships, limited liability companies (LLCs), limited liability partnerships and real estate instructors and schools will share in the savings.

"DBPR's revenue is generated directly from the pockets of hardworking Florida licensees, not sales tax revenues," says John Sebree, senior vice president of public policy at Florida Realtors. "These permanent fee cuts provide a tangible impact on the hundreds of thousands of Floridians whose livelihoods depend on the success and growth of the real estate industry."

Fees that drop from $80 to $64
Initial License Fee for Sales Associates
Biennial Renewal Fee for Sales Associates
Biennial Renewal Fee for Branch Office Brokers
Application Fee for Branch Offices
Biennial Renewal Fee for Branch Offices
Initial License Fee for School Instructors
Biennial Renewal Fee for School Instructors

Fees that drop from $90 to $72
Initial License Fee for Brokers
Biennial Renewal Fee for Brokers
Application Fee Corporations, Partnerships, LLCs and Limited Liability Partnerships

Fees that drop from $130 to $104
Initial License Fee for School Permit Holders
Biennial Permit Renewal Fee for School Permit Holders

"Lower fees will allow the real estate licensees to reinvest into their businesses and continue growing jobs for Florida families," Gov. Scott said in a statement.

© 2014 Florida Realtors®

 

Related Topics: Florida Realtors