Brokerage Operations

# Brokerage Operations in Florida Exam: Florida Real Estate Salesperson Last Updated: 2026-06-29 (content_version: 2 — statute-grounded enrichment) --- ## Florida License Types — FS Ch. 475 (Sourced) Florida issues three types of real estate licenses under Chapter 475, Florida Statutes (leg.state.fl.us, verified 2026-06-29): | License Type | Description | Who Qualifies | |---|---|---| | Sales Associate | Entry-level license; must work under a broker | 18+, 63-hr pre-license course, pass state exam | | Broker | Can operate independently or employ sales associates | 24 months active as sales associate within preceding 5 years + 72-hr broker course + exam | | Broker Associate | Holds broker qualifications but works under another broker | Qualified as broker; chooses not to operate own office | *Source: FS 475 — "Broker applicants must hold active sales associate license for 24 months during preceding 5 years" (verified from statute; the 5-year window is statute-specific and heavily tested).* > Exam Tip: A sales associate cannot operate independently, hold their own escrow account, or receive compensation directly from a buyer or seller. All compensation must flow through the employing broker. --- ## Licensing Requirements — Sales Associate ### Pre-License Requirements 1. Must be at least 18 years old 2. Must have a U.S. Social Security number 3. Must complete 63 hours of FREC-approved pre-license education (Course I) 4. Must pass the state licensing exam (minimum score: 75 out of 100 questions correct) 5. Must submit a completed application to DBPR and pay the license fee 6. Background check required (criminal…