Why now is a good time to start a career in Florida real estate
You probably know that Florida is home to pristine beaches, scenic landscapes, diverse culture and a myriad of entertainment and leisure options for residents and tourists.
But did you know that Florida is also emerging as a popular hub for businesses, organizations and companies leading to a strong job market and a growing economy?
The Peach State has always been a popular tourist and vacation destination but since the last few years, Florida has also been preferred by skilled professionals, homebuyers and retirees with a net positive migration rate.
Thanks to the growing population, favorable tax policies and a pleasant climate, Florida’s real estate market has been on a roll and shows no signs of slowing down in the near future.
If you are an aspiring real estate professional who wants to reap growth opportunities in Florida’s booming real estate landscape, now is a good time to plan your career.
Currently the third most populated state in the country, Florida is witnessing a strong demand for residential and rental housing.
It is estimated that the state’s population will reach around 30 million by 2030, making it a strong prospect for agents due to the massive need for housing and residential real estate.
With the influx of visitors and migrants, even commercial real estate in FL is witnessing interest from real estate investors.
The state’s thriving economy, abundant tourism hotspots and a growing population are key reasons why it is a fertile opportunity landscape for real estate professionals.
If you are keen to embark on an exciting and rewarding career journey, now is a good time to plan your entry and obtain a real estate license Florida.
Getting a real estate license is a crucial step in kickstarting a successful career, especially if you are in for the long run.
Like most states, Florida also requires individuals to obtain a state approved license in order to legally work with clients and assist them in buying or selling real estate.
With a real estate license, you can work as a seller’s or a buyer’s agent without any restrictions or limitations.
However, if you do not have a valid state issued license, you will not be able to engage in a real estate transaction. Thus, it is essential to obtain your license for a sustainable career.
Understanding Florida’s real estate market growth
Did you know that Florida has overtaken New York to become the second highest valued real estate market in the United States, trailing only behind California.
Due to the strong economy, world-class tourism choices and a diverse community, Florida is easily amongst the top real estate markets for homebuyers and real estate investors.
There are many reasons behind the growing popularity of Florida which you must be aware to understand the market dynamics such as:
- Better Tax Benefits: One of the most favorable aspects of living in Florida is that residents do not have to pay income tax. This means higher savings on capital gains and no need to pay additional taxes.
- Growing Employment Opportunities: Florida has added around half a million new jobs since the last two decades. Cities like Tampa, Jacksonville and Orlando have shown a significant increase in the number of job opportunities added every year.
- Exciting Lifestyle Choices: Florida offers attractive lifestyle options such as beautiful beaches, scenic views, golf courses, national parks make Florida an excellent investment option for homebuyers and real estate investors.
With its bustling tourism-led charm and a plethora of exciting lifestyle choices, real estate market predictionsare pointing towards strong growth numbers in the upcoming years.
For aspiring real estate agents and brokers, working in an attractive, diverse and steadily growing market like Florida can be incredibly rewarding and exciting.
Miami, Orlando, Jacksonville, Myrtle Beach, Cape Coral, Wilmington and Tampa are some of the most popular real estate markets in FL and you can get a head start in these markets.
Are you ready to work in a rewarding and exciting career and achieve your dream of becoming financially independent?
Now is the time to start preparing for getting your Florida real estate license by completing the state licensing and qualifying education requirements.
The Florida Real Estate Commission (FREC) requires all applicants to complete a minimum of 63 hours of pre licensing education for aspiring real estate agents.
You can easily choose amongst the numerous real estate pre licensing courses and online schools in Florida based on your preferred medium of learning.
Many students prefer the flexibility of online real estate prep courses which can be completed from anywhere in a self-paced way.
Once you have completed your course credits, you will have to take the Florida sales associate licensing exam at any of the Pearson Vue centers in Florida.
As per the FREC, passing the salesperson licensing test is mandatory to obtain a license. To pass the test, you must score at least 75 percent or above.
If you successfully pass the licensing test, you will receive your sales associate license within a few weeks.