As a budding Florida real estate agent, the terms FREC and DBPR might seem familiar to you. While their roles might seem similar, they perform different functions.
The Florida Real Estate Commission (FREC) regulates education requirements for real estate agents in Florida.
The Florida Department of Business and Professional Regulation (DBPR) oversees the FREC and takes care of the licensing and registration of real estate agents.
A few quick facts will highlight the differences between these two entities.
Key Differences Between Oversight Duties of the FREC and DBPR
The biggest differences between the FREC and DBR? 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.
Let's take a closer look at how each operates so you can better understand what you need to do to become a Florida real estate agent.
Everything You Need to Know About the FREC
1. You Apply for Your Florida Real Estate License With the FREC
To apply for a Florida real estate license, you would work through the requirements set forth by the FREC. However, the application takes place through the DBPR online portal.
2. Responsibilities of the FREC
The FREC is tasked with disciplinary action against real estate agents. It also ensures there is an education program that keeps Florida real estate agents relevant to market conditions. The education program covers things like new legislation and regulatory requirements.
The FREC also schedules weekly meetings where the public can provide feedback on regulations or proposals.
3. The FREC Provides a Support Structure for Real Estate Agents
While the FREC makes sure real estate agents remain compliant, it also ensures training is easily accessible. For instance, it compiles a list of accredited online portals like Aceable where you can take your Florida real estate course online.
4. Why Is the FREC in Place?
The FREC regulates the real estate industry to protect the public. This includes estate agents, brokers, schools, colleges, and training institutes.
Everything You Need to Know About the DBPR
1. The DBPR Issues Your Florida Real Estate Agent License
Once you’ve applied for the license, the DBPR processes the information and issues it.
2. Responsibilities of the DBPR
The DBPR ensures that licenses are processed and communicates with members when renewals are due.
3. The DBPR Provides a Support Structure for the FREC
Real estate agents who successfully complete their Florida real estate course will be directed to the DBPR site to apply for their Florida real estate license online. So while the FREC sets up the course material, the DBPR ensures that there is an online framework that allows easy completion of the Florida real estate agent exam — a feature that's been really helpful during the COVID-19 outbreak.
4. Why Is the DBPR in Place?
The DBPR regulates licensed professionals. It ensures that they remain compliant with the help of the FREC.
Does the FREC or the DBPR Handle Complaints?
When a client initiates a complaint against a real estate agent or broker, it’s usually referred to the FREC, which then refers it to the DBPR. If the complaint needs to be investigated any further, the DBPR will launch an investigation and notify the real estate agent. While the rules that govern real estate agent conduct are put in place and regulated by the FREC, transgressions are dealt with by the DBPR.
To Wrap It Up
Have more questions about the FREC and the DBPR? You'll find out everything you need to know in your Florida real estate course from AceableAgent. The course teaches you about the roles of the FREC and DBPR so you can ace your real estate examination. Mock exams and contract workshops ensure you stay on top of regulatory requirements and provide great value to your future customers when you enter the field.