On average, it costs somewhere between $250 and $400 to become a real estate agent in Florida. Not bad when you consider how many respectable careers require expensive college degrees! In fact, you can completely recuperate the cost of becoming a real estate agent in Florida with your very first real estate deal.
You may want to budget a couple of hundred dollars more for start-up marketing expenses, like business cards and advertising, and for membership dues (if you decide to join the National Association of Realtors® (NAR)).
Let’s take a closer look at how these costs break down.
Average Price Breakdown to Become a Real Estate Agent
Pre-License Courses - $80-$200+
You can take your state-required real estate course from any Florida DBPR-approved real estate school. While cost is a natural consideration for most people, it’s generally more important to find a school that you’re confident will prepare you to pass the Florida real estate exam. Here are a few additional considerations:
- Access to the course materials. Do you have to attend on-campus courses? Can you access the coursework from your cell phone or tablet?
- Student support. Are there real estate professionals available to answer your questions?
- Exam prep. Are practice tests and/or other test prep materials included in the cost of your course?
- Price. Will your student experience be worth the expense?
You should generally expect to pay between $80 and $200 for an online Florida real estate course. On-campus programs will cost more, perhaps around $500.
License Application Fee - $83.75
With your coursework complete, you can apply for your Florida real estate license. This application doubles as the application to take your Florida real estate exam.
The cost is a comparatively low $83.75. Some states charge several hundred dollars for the license application fee, so thank you, DBPR for making this fee affordable!
Exam Fee - $36.75 per attempt
Florida also charges comparatively low fees for the real estate exam. You’ll pay just $36.75 per attempt.
While no one wants to take the exam more than once, it’s comforting to know that this is an option and that it won’t cost a fortune if you need a second attempt.
Fingerprinting Fee - $53.50
Florida requires that all licensed real estate professionals have a set of fingerprints on file. The fee for this service is $53.50, and you can typically take care of your fingerprinting at the testing center when you go to take your Florida real estate exam.
The Total Cost of Becoming a Real Estate Agent in Florida - $250-$400+
Adding all these costs together, you should expect to pay somewhere around $250 to $400 in total to become a real estate agent in Florida.
But there are a few additional expenses to consider as a new real estate agent. Remember, you’re essentially launching your own business! And that naturally requires some upfront expenses. Here are some of the most common:
- Business cards - around $50
- Optional dues for associations like the National Association of Realtors® - $150 for the NAR, plus similar fees for your local and state branches
- Marketing materials. You can start marketing for free on social media. For your print needs (like property flyers and open house sign-in sheets), Etsy has templates under $10 that you can edit and print to keep these costs low.
Considering these added expenses, you will likely need to spend a total of around $350 to $700 to truly launch your new real estate career.
It’s also a good idea to plan ahead for continuing education costs. Florida requires you to complete 45 hours of continuing education courses within 18-24 months after getting your real estate license. So you can spend the first year and a half adjusting to your new career before you need to spend another $150-$200 on continuing education.
Overall, it’s comparatively affordable to become a real estate agent in Florida, especially when you consider the flexible schedule, opportunity to be your own boss, and unlimited income potential!