Gov. Scott: Fee Reductions for Various Real Estate Licensees
Tallahassee, Fla. – The Florida Department of Business and Professional Regulation (DBPR) is introducing permanent fee cuts for Florida Real Estate Commission licensees this month. Effective July 1, 2014, these permanent fee reductions will save real estate licensees on average more than $2.7 million every year on initial and renewal licensure fees. Impacted real estate licensees will include brokers, sales associates, corporations, partnerships, limited liability companies (LLCs), limited liability partnerships and real estate instructors and schools.
Governor Scott said, “We have worked hard to reduce fees and regulations on Florida’s job creators, and this fee reduction will total more than $2.7 million that Florida’s real estate industry will be able to save. Lower fees will allow the real estate licensees to reinvest into their businesses and continue growing jobs for Florida families. I thank DBPR and the Florida Real Estate Commission for joining our mission to keep Floridians’ hard earned money in their own pockets.”
“I commend the Florida Real Estate Commission’s decision to reduce the licensure fees for real estate applicants and licensees,” said DBPR Secretary Ken Lawson. “Lower fees will enable the real estate industry to flourish in the state and make it easier for our current licensees to grow with Florida’s improving economy.”
“DBPR’s revenue is generated directly from the pockets of hardworking Florida licensees, not sales tax revenues. These permanent fee cuts provide a tangible impact on the hundreds of thousands of Floridians whose livelihoods depend on the success and growth of the real estate industry. Real estate professionals across the state are very appreciative of these reductions,” stated John Sebree, Senior Vice President of Public Policy at the Florida Realtors Association.
Real estate sales associates and brokers will see permanent reductions in the initial licensure fees and biennial renewal fees effective July 1, 2014. The initial licensure fees and biennial renewal fees for sales associates, brokers and branch office brokers will be reduced by 20 percent.
Real estate sales corporations, partnerships, LLCs and limited liability partnerships will receive permanent reductions in application fees and biennial renewal fees effective July 1, 2014. The application fees for corporations, partnerships, LLCs and limited liability partnerships will be reduced by 20 percent. Application fees and biennial renewal fees will be reduced by 20 percent for real estate branch offices.
Real estate school instructors and school permit holders will also see permanent reductions in initial licensure fees and biennial permit renewal fees effective July 1, 2014. The initial licensure and biennial renewal fees for real estate school instructors will be reduced by 20 percent, and the initial licensure and biennial permit renewal fees for school permit holders will also be reduced by 20 percent.
Additional information regarding permanent application, licensure and renewal fee reductions for real estate licensees can be found on the DBPR website at www.myfloridalicense.com. Licensees with questions regarding fee reductions may also call the DBPR Customer Contact Center at 850.487.1395 Monday through Friday from 8:00 AM to 6:00 PM EST.
The Department of Business and Professional Regulation’s mission is to license efficiently and regulate fairly. The Department licenses and regulates more than one million businesses and professionals ranging from hotels and restaurants, real estate agents and certified public accountants to veterinarians, contractors and cosmetologists. For more information, please visit www.MyFloridaLicense.com.
More information about DBPR is available online at www.MyFloridaLicense.com. Also, follow @FloridaDBPR on Twitter or Florida Department of Business and Professional Regulation on Facebook for updates about license cycles, events and other important news.
GOVERNOR’S PRESS OFFICE