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How long do you have to replace a broker who resigned in fl?

In Florida, if a broker resigns, the licensee must replace the broker within 14 days to maintain their active status. If the licensee does not find a new broker within this time frame, their license will become inactive. It is important to promptly address the situation to avoid any disruption in real estate activities.


How long does a real estate broker take?

how long does it take to become a realestate broker in the state of Florida


Can a Florida real estate broker pay referal fee to out of state real estate brokers?

Yes, a Florida real estate broker can pay referral fees to out-of-state real estate brokers, provided that the out-of-state broker is properly licensed in their respective state. The referral fee must comply with Florida's real estate laws and regulations, including the requirement that the fee is paid for a legitimate referral and that the Florida broker handles the transaction. It's advisable for brokers to ensure they understand and adhere to the legalities in both states involved.


What is the average real estate commission in Florida?

In Florida, real estate commissions is being negotiated between the principal (seller or buyer) and real estate broker during exclusive listing appointment or when representing a buyer through an exclusive buyer's broker agreement.


How many days does a Florida real estate agent have to get a deposit check to the broker?

13


How long do you have to replace your broker of record when he resigns?

When a broker of record resigns, you typically have a limited time to replace them, often outlined in your contract or local regulations. This period can vary, but it’s important to act promptly to ensure continuity in your representation and avoid any disruptions in service. It’s advisable to review your agreement and consult with your real estate association or legal advisor for specific timelines and requirements.


How long does a broker keep records?

in the state of Florida, a real estate broker must keep transaction records for five years. this may vary from state to state.


How long does broker keep records?

in the state of Florida, a real estate broker must keep transaction records for five years. this may vary from state to state.


What does an estate broker do?

An Estate Broker is a person who acts as the middle man between buyers and sellers of real estate. They help with the transaction.


Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


How much did the real estate broker sell your house for?

The real estate broker sold the house for 500,000.


How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.