What happens if you let your real estate license expire?
Perhaps you’ve taken a long break from real estate and your license has been expired for more than two years. If this is the case, your license is null and void and you will likely need to start from the beginning if you wish to become licensed again unless otherwise instructed by the Department of Real Estate.
How do I reactivate my real estate license in Texas?
If you renew your license from 6 months to 2 years after your renewal date, you must apply to reinstate your license. You can do this by submitting a Reinstatement of Real Estate Sales Agent License or Broker License by Individual form and paying the required $190 renewal fee.
How long can a real estate license stay inactive?
Those with a license deemed involuntarily inactive for more than 12 months, but less than 24 months can reactive it by completing at least 28 continuing education credit hours. Any license deemed involuntarily inactive for more than 24 months is considered expired, and cannot be reactivated.
Do real estate courses expire in Texas?
Once you have earned your Real Estate license, you will need to renew every two years by completing additional Continuing Education classes and paying a renewal fee to the Texas Real Estate Commission (TREC). … The 98-hours is comprised of three 30-hour elective courses and two 4-hour Legal Update courses.
Why is my Texas real estate license inactive?
What is an inactive license? You will receive an inactive license after passing the state exam and completing all of the requirements of your license application.
What happens if I voluntarily inactive My Florida real estate license?
This is known as a voluntary inactive license. If you fail to renew your active (or voluntary inactive) license prior to the expiration date, (other than the first renewal), the real estate license automatically reverts to a status of involuntary inactive.
What does an inactive license mean?
Inactive license means a license that has expired because it was not renewed by the end of the grace period. … Inactive license means any license that is not a current, active license. Inactive license may include licenses formerly known as delinquent, lapsed, or retired.
How much does it cost to renew my Florida real estate license?
How much does it cost to renew my Florida real estate license? It will cost $64 for Sales Associates and $72 for Brokers to renew your license through the Department of Business and Professional Regulation (DBPR).
Can I renew my real estate license after it expires in Florida?
I missed the due date for my Florida real estate license renewal, can I still renew? Yes. … Failure to complete the 14-hour continuing education within 12 months after the expiration date will result in additional education requirements – 28 hours Reactive Education.
How much does the average realtor make in Florida?
How much do Florida real estate agents make on average? According to the Bureau of Labor Statistics (BLS), the annual mean wage for Florida real estate agents in 2019 was a respectable $62,790.