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
Fees that drop from $90 to $72
Fees that drop from $130 to $104
"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.
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