Quick Answer: What is Frec in real estate?

The Florida Real Estate Commission (FREC) was created to educate and regulate real estate licensees. … Four FREC members must be licensed real estate brokers, who each must have held an active license for five years before they join the commission.

What is the difference between Dbpr and Frec?

The FREC only focuses on the real estate industry, while the DBPR acts as a regulator for several industries. These include real estate, veterinarians, and other professionals.

Who are Frec members?

Governor Ron DeSantis Appoints Five to the Florida Real Estate Commission

  • Tallahassee, Fla. …
  • Patricia “Patti” Ketcham.
  • Renee Butler.
  • Patricia Fitzgerald.
  • Randy Schwartz.
  • Richard Barbara.

Who makes up Frec in Florida?

Four members must be licensed brokers, each of whom has held an active license for the 5 years preceding appointment; one member must be a licensed broker or a licensed sales associate who has held an active license for the 2 years preceding appointment; and two members must be persons who are not, and have never been, …

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How are Frec members paid?

FREC members are paid a per-day rate for reimbursement. The FREC creates the rules for taking the examination and for getting a license. It’s called a regulatory agency, with the responsibility of governing real estate. The Commission is made of SEVEN members.

What is the purpose of Frec?

The Florida Real Estate Commission (FREC) was created to educate and regulate real estate licensees. The commission has seven members appointed by the Governor and confirmed by the Senate.

What does Frec stand for?

The Florida Real Estate Commission (FREC) is the government office that regulates real estate education and licensure for the state of Florida. FREC is overseen by the Florida Department of Business and Professional Regulation (DBPR).

Where is the Frec located?

They meet at the Division of Real Estate’s offices at 400 W. Robinson St. Suite N801, Orlando.

What power or duty does the Frec have?

The Commission is an agency that offers consumers protection, with power to regulate licensees in the state. In fact, the Commission has the duty to advance the education of licensees in law, ethics, and brokerage practices. The FREC governs the conduct of all licensees.

How do I contact Frec?

Our Customer Contact Center may be reached at 850-487-1395. The hours of operation are Monday-Friday, 8 a.m. Eastern Time to 6 p.m. Eastern Time.

Who appoints the chairperson of the Frec?

11 Cards in this Set

Membership on the FREC is obtained by: is appointment by the Governor, subject to confirmation by the senate.
Who appoints the chairperson of FREC? The FREC members
The Real Estate Education and Research pays for its programs by: By interest from a transfer from the Real Estate Trust fund.
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What is Dre Florida?

A Drug Recognition Expert (DRE) is an officer who has received specialized training and has been certified by the International Association of Chiefs of Police to evaluate suspects and determine: If the subject is impaired. If a medical condition is causing the impairment, or.

What are the similarities between a business brokerage and a real estate brokerage?

Real estate brokers rely on industry sales, comparable properties while business brokers reference industry-specific standards around establishing a fair and attractive asking price. Compensation. Both are fee-based and are usually paid for a successful sale. Some brokers have a retainer fee.

Can I transfer my real estate license to Florida?

Florida offers real estate reciprocity, known as “mutual recognition agreements’ with eight states: Alabama, Arkansas, Connecticut, Georgia, Illinois, Mississippi, Nebraska and Rhode Island. … Upon passing the test, you can earn your Florida real estate license and expand your territory.

Who regulates Florida real estate?

The Florida Real Estate Commission (FREC) administers and enforces the real estate license law and is a division of the Florida Department of Business and Professional Regulation.

Which power gives the Florida real estate Commission?

Quasi-legislative powers give the FREC the power to make and pass rules regulating the operation of licensees and the real estate profession.