Connecticut is also one of nine states that have reciprocity agreements, or a mutual agreement with Florida. With the market of Connecticut people who are selling their homes to buy a home in Florida to retire, the income potential is huge. There is no reason to pay commission on the Florida home that your customers are buying. Just take the short review on florida real estate and you can work with your clients on both houses and maybe double your commission. As part of your application, you must present a certificate of licence history if you apply for mutual recognition. You must also provide your license information on the license application for real estate sellers in Florida. You cannot reside in Florida at the time of your reciprocity application. The exceptions also do not apply if you have a license in one of these eight states through reciprocity with another state. If you already have a real estate license from a state that has a mutual recognition agreement with Florida, you will be released from the 63-hour pre-licensing training requirement and you will only have to take section 40 issues of Florida`s state review section. The exam consists of 40 questions and you will need a score of 30 points or more to pass. The intent of these agreements is to recognize the training and experience gained by real estate licensees in another state. These agreements apply to non-residents admitted to other jurisdictions. In addition, mutual recognition is the name of the agreement between the State of Florida and eight other states, under which an active licensee of real estate license in one of these eight states can apply his real estate training and experience to obtain an equivalent license in Florida.
If you are not a Florida resident but have a real estate license in another state, you can obtain a license in Florida by passing a 40-question state exam and fulfilling these qualifications: many states have reciprocal licensing agreements with real estate licensees in other countries. This is important for real estate agents who live or work near neighbouring states.