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The florida real estate commission members are paid $100 per day for official commission business.

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To engage in the practice of real estate brokerage in Kentucky, all individuals must obtain a sales associate or broker license from the Kentucky Real Estate Commission. Individuals must meet the following requirements to apply for licensure.

Requirements for a Kentucky Real Estate License

All applicants must:

  • Be 18 years of age;
  • Have attained a high school diploma or GED; 
    (see also: Foreign Transcripts )
  • Completed all real estate pre-license courses prior to taking the real estate examination;
  • Complete FBI criminal background check; and
  • Must apply within sixty (60) days of passing their exam.

Applicants for the Sales Associate License must also:

  • Have completed either six (6) credit hours in real estate courses from an accredited college or ninety-six (96) classroom hours in real estate classes from an approved proprietary school; and
  • Take and pass the Kentucky Sales Associate exam.

Applicants for a Broker’s License must also have:

  • Experience: Two (2) years of experience working at least twenty (20) hours a week as a licensee. The experience verification affidavit is only provided as a part of the application by the testing service once the exam has been passed; and 
  • Education: Twenty-one (21) credit hours with twelve (12) in real estate from an accredited college with three (3) credit hours in Brokerage Management or three hundred thirty-six (336) classroom hours in real estate from an approved proprietary school with forty-eight (48) in Brokerage Management.

    Important Note:
    Before registering for the broker exam to ensure that you have completed the required hours, request an Education Review, form 207   Please allow 7-10 days for processing. DO NOT register for the examination unless you have verified with the KREC that you have completed all of the required hours.

    Checklist for application submissions:

    Click the type of license/capacity in which the license will be issued to see a checklist of items to submit. Please be sure all items are completed and correct before mailing to the Commission. Applicants who have unique circumstances or specific questions should contact the Commission.

Testing Changes Effective July 1, 2015:

  • Beginning JULY 1, 2015, candidates who pass one portion of the Kentucky Salesperson or Kentucky Broker exam (national or state law) and fail the other portion may retake the failed portion within four (4) months of passing the first portion. After four (4) months of the initial testing date, both portions must be retaken. Once both portions have been passed, within the required four (4) month period, a candidate will be given the application form at the testing center and will have sixty (60) days to apply for their license. After sixty (60) days, the entire exam is voided.

  • The cost of the exam is $100, whether you take one or both portions. Candidates must complete all course requirements and request their FBI report prior to taking the licensing exam.

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Real Estate License Exam

QuestionAnswer
What's DBPR? Division of Business and Professional Regulation-agency charged with licensing and regulating business and professions in Florida.
DBPR is under which branch and governed by which FS? Under the Executive Branch and governed by FS 120.
Who is the Chief Admin of DBPR? The secretary of DBPR, appointed by the governor and subject to confirmation by the state senate.
Where is DBPR's main office located? Tallahassee, FL.
What is considered to be a "Current Mailing Address"? Where mail can be received through USPS, including POB.
What is the function of the "Division of Professions"? Ensures that the license examinations adequately and reliably measure an applicant's ability to practice real estate.
What are the units under the "Division of Service Operations"? Customer Contact Center (CCC) and Central Intake Unit (CIU).
Functions of Div of Florida Condos? It regulates condominiums, cooperatives, time-shares, and mobile home parks.
Function of DRE? Performs all functions related to the regulation of general real estate in Florida.
What is the FREC? Florida Real Estate Commission and it regulates real estate brokers and brokerage firms, broker associates, sales associates, and real estate schools and instructors.
What members represent the FREC? (4) REB who have held their active licenses for 5+ years, (1) REA or REB who has held license for 2+ years, (2) Consumers. One member must be at least 60+ yoa.
What are the FREC meeting stipulations? Meet monthly as a quorum (4+ Commission Members) at DRE in Orlando.
How much are FREC members paid? Florida Real Estate Commission members are paid $50 per day for each day they attend an official meeting and for each day they participate in other Commission business.
Who appoints Commission Members? Members of the Commission are appointed by the Florida governor, subject to senate confirmation. The director of the DRE is appointed by the secretary of the DBPR.
What are the three categories of power and duties of the FREC? Executive (Enforce Laws), Quasi-Legislative (Enact and revise Admin Rules), Quasi-Judicial (License Issuance/Denial, Violations, Penalties)
What is the initial effective of an REA license? Date Applicant passed the exam.
What are the expiration dates of REA licenses? Either March 31 or September 30.
What is the initial license period provided? >18 months<=24 months.
When does DBPR send renewal notices? 90 days before end of cycle.

How many Florida real estate commission members may be licensed as real estate sales associates?

Four FREC members must be licensed real estate brokers, who each must have held an active license for five years before they join the commission. One member must be a licensed broker or a licensed sales associate who has held an active license for the two years preceding appointment.

What is the per diem amount that Florida real estate commission Frec members receive for participating in official meetings and other Frec business?

At least one member of the commission must be 60 years of age or older. Members are compensated $50 per diem for performing FREC duties. They are also reimbursed for expenses related to their commission duties.

Which power gives the Florida real estate commission?

The Florida Legislature passed Chapter 475 of the Florida Statutes in 1925, creating the Florida Real Estate Commission (FREC). The Commission is a consumer protection agency with broad powers to regulate licensees.

What are the duties of the Florida real estate commission?

FREC is directly responsible for addressing complaints against licensed brokers, salespeople, real estate firms, and real estate educators. FREC reviews complaints filed, gives the accused party a chance to defend themselves, and determines if disciplinary action is warranted.

florida real estate commission members paid $100 day official commission business

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