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The Department of Business and Professional Regulation (DBPR) is the agency charged with licensing and regulating more than 1.6 million businesses and professionals in the State of Florida, such as alcohol, beverage & tobacco, barbers/cosmetologists, condominiums, spas, hotels and restaurants, real estate agents and appraisers, and veterinarians, among many other industries.
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many other countries.
States issue licenses for an annual or multi-year period and require real estate agents and brokers to complete continuing education prior to renewing their licenses. For example, California licensees must complete 45 hours of continuing education every 4 years in topics such as agency, trust fund handling, consumer protection , fair housing ...
The real estate market is approaching a balanced market, and prices continue to level out. It's not a buyer's market yet," said David Serle, president of Broward, Palm Beaches & St. Lucie Realtors.
Jack Randall is TCPalm’s economy and real estate reporter. You can reach him at jack.randall@tcpalm.com or 904-466-4755. ... Florida real estate: Most expensive home sales, luxury homes ...
The Treasure Coast real estate market in September saw more homes listed, fewer homes sold in St. Lucie County, an increased median sale price in Martin County and longer wait times to get a ...
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6]
The typical commission on a real estate transaction totals somewhere between 5 and 6 percent of the home’s sale price, split evenly between the listing agent and buyer’s agent.
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