Classroom Education ...

Real Estate Broker Pre-Licensing Course
Price: $549.00

Click on our Calendar above to view Class Schedule Calendar

To Apply for a Course, you may visit the school or click to DOWNLOAD School Application Form (PDF File). Please complete the form and mail or fax to the Palm Beach School of Real Estate.

Our Brokers Course focuses on the laws that regulate our business activities. Knowledge of the real estate law helps the Broker provide the best possible service to the buyers and sellers of real estate. Managing an escrow account is extremely important to Brokers and is covered in detail in our syllabus. Managing a Real Estate Brokerage is critical to the success of the business. The course covers budgeting, accounting, tax requirements, and the recruiting and training of salespersons. The valuation of real estate property is an important step in listing, marketing and selling real estate. Brokers must be fully aware of the process to complete a proper Comparative Market Analysis (C.M.A.). One of the major ingredients for a proper C.M.A. is the market conditions adjustment. We cover this subject in detail. Broker relationships with the customers and principals are an important part of the law. The public must be aware of the licensee's responsibilities to them. Listing and sale agreements are also an important part of a Broker's responsibilities. Contract law is reviewed to ensure that the Broker can relay relevant information to the salespersons so that they can work with the customer/principal at a professional level. Financing the property is key in nearly every sale. The licensee is taught to understand the mortgage process. The course covers the closing process. It is important to understand that, as part of the licensee's responsibilities, the buyer/seller must be prepared for what they can expect at closing. During the course we explore the importance of having the knowledge to explain to the buyer/seller the information contained in the closing statement. Finally, our Brokers Course discusses financial analysis techniques. Qualifying the property for "positive leverage".  Broker's must be aware of the laws regulating land planning and the comprehensive plan as well as environmental issues that affect real estate transactions.
The requirements are:

• Held an active license as Sales Associate for at least 12 months with the past 5 years in Florida or any other state
• Complete a 72-hour broker license course and pass the class exam with a 70 grade or better
• Pass the state exam with a 75 grade or better
• Completed and passed the required 45 Hour Post licensing course

Course materials:

• Florida Real Estate Broker’s Guide textbook
• Supplemental Study materials
• Exam Prep CD rom
• State approved course with classroom final exam
• Completion slip issued immediately upon passing
• A diploma suitable for framing
• Help with the State Application Preparation and Notarized

We accept cash, check, visa or MasterCard for payment when you register.

• No refunds given after the first class of your indicated course.  If you should not successfully complete your course, you may retake the course free of charge within one year.
• I understand that if I have a real estate license in another state or county, I may be eligible to become a broker in Florida, without first becoming a salesperson.

(If you do not understand, please ask the registrar).

• Tuition is non-transferable.  If you received your books in advance.

Cancellations are subject to a fee of $75, plus the cost of books if received in advance.  Broker – $85.00
Pay by Credit Card – add a $5.00 processing fee.

FAQs 

Q. What happens if I do not pass the first time? 

• If you do not pass the first time, you will be given a second final exam, which may not be taken until thirty (30) days have passed.

Q. What are the fees for the license, fingerprinting and state exam?

• The application fee to the Department of Business and Professional Regulations: $105.00
• Electronic fingerprinting at the Promissor site: $61.00 (please note, if you are out of state see the information about out-of-state processing for fingerprints)
• The State exam fee: $31.50

Q. How is the test administered?  

• There are many locations in major metropolitan areas.  Exams will be given by the testing vendor Promissor on computers.  They consist of multiple choice questions.  You can make an appointment with the closest testing center near you (Click here to find test center and set an appointment) and request a “Florida Sales Associate State Exam”. 

Q. How long after taking the State exam will I be notified of passing?  

• You will receive your grades immediately at the testing center.  You must pass with a 75 or better grade.  If you do not pass, a grade sheet will be given to you showing what categories you are weak in.

Q. Do you have a money back guarantee if I should fail the course? 

• No - According to the Florida Statutes 475.451 & 475.4511 and the rules in Chapter 61-J2.013 we are not allowed to guarantee any student a refund.

Q. Can I miss any class time? 

• The state requires that any student can miss up to 4.5 classroom hours.  If you miss more than the allotted time of absences, you must make up the hours of the subject content available in the next class offered. You cannot be given the end-of-course examination until this the student meets this requirement.

Q. May I receive a refund if the course is not right for me? 

• The Palm Beach School of Real Estate refund policy: No refund for students that went beyond the course tutorials and the first lesson.  The refund then is valid for thirty (30) days after the original purchase date.  Please call The Palm Beach School of Real Estate at 561.776.9755.  Depending of type of payment, if you qualify and request a refund, your refund will be issued thirty (30) days from the date of the request.

Q. What is the license renewal period?  

• After completing and passing the state exam, 60 hours of post licensing education is required during the first renewal period.  The renewal period can be 18-24 months after passing the exam.  Renewal periods are: March 31 and September 30, and your license must be renewed every two years.  So, after the first renewal a 14 hour continuing education course must be completed every two (2) years.

Q. How does the Department of Professional Regulation know I passed my exam?  

• The Palm Beach School of Real Estate will within 24 hours of the course completion submit electronically the results of each student that passed.  All you will need to do is renew your license by mail or on line.  (Click here for online license renewal)

Please retain your completion slip for two (2) years in the event of a State audit

Q. I have an out-of state real estate license.  Do I have to take the course? 

• Please click on the link and read the information for mutual recognition agreements.  (Click for mutual recognition info)
• Florida resident defined. For application purposes, FREC rules define a resident of Florida as a person who has resided in Florida continuously for a period of four calendar months or more within the preceding year, regardless of whether the residence was a recreational vehicle, hotel, rental unit, or other temporary or permanent location. Any person who presently resides in Florida in any of the above-described accommodations with the intention of residing continuously in Florida for four months or longer, beginning on the date the person established the current period of residence, is also a legal Florida resident.

 

Please note: course schedules and tuitions are subject to change.