The Department of Business and Professional Regulation is in charge of regulating and licensing nearly 400,000 professionals in over 25 different professions across Florida. The Division of Real Estate is the group responsible for providing examinations, real estate licensing, and regulating those licenses.
With over 250,000 real estate agents across the state, they are responsible for ensuring and upholding the ethical standards buyers and purchasers expect when working with an agent. It’s a large group and requires quite a lot of work to maintain those expectations.
Other groups who have oversight of real estate licensing include The Florida Real Estate Commission (FREC) This self-governing body made up of seven members who enforce and administer real estate license law, Chapter 475, Part I, Florida Statutes. The Commission also has the power to pass rules that allow it to implement the duties and responsibilities its authority demands.
Yet another party with oversight is The Florida Real Estate Appraisal Board (FREAB). Made up of nine members, they administer and enforces the real estate appraiser license law. Chapter 475, Part II, Florida Statutes. Like the FREC, this Board is also empowered to pass rules that enable it to implement its statutorily authorized duties and responsibilities.