Your Florida Qualifying Broker of Record monthly fees will not start until your company is fully licensed.
Qualifying Broker of Record for Your Company as a real estate broker and first licensed agent.
Qualifying Broker of Record for your Company as a real estate broker and up to four (2-4) agents.
Your LLC Broker will match the price of any other Qualifying Broker.
When you are ready to get started with Your LLC Broker, 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
|-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|
|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|