Your Florida Qualifying Broker of Record monthly fees will not start until your company is fully licensed.
$225/Month
Qualifying Broker of Record for Your Company as a real estate broker and first licensed agent. |
$325/Month
Qualifying Broker of Record for your Company as a real estate broker and up to four (2-4) agents. |
When you are ready to get started with YourBroker, there are some start-up costs to be conscious of. Below are the start-up cost estimates for Florida Qualifying Broker of Records. The various costs are from different governmental and private entities, as such prices are subject to change. Start-up costs will be lowered if you already have an LLC or Corporation with or without a broker’s license.
One-Time Initial Start Up Cost for the State of Florida
Cost | Description |
-0- | Fee to set up your LLC from the Department of State ($99 from Legal Zoom) |
$79 | State filing fee for Florida |
$650 | E&O Insurance for Your LLC (Varies by Provider) |
$154 | Application for Broker License by a Business Entity in Florida |
$60 – $300 |
Tax Receipt from the county |
-Varied- | Join an Association of Realtors (if you are not already a member) |
-Varied- | Open an MLS office account and personal MLS account (if you don’t already have one) |
$943 – $1183 | Total Initial Costs (probably less than one commission split with your current broker |