The fifight goes on
In its most recent budget, the Florida Legislature allocated up to $500,000 for the fifight against unlicensed real estate activity. The Division of Real Estate, Department of Business & Professional Regulation (DBPR), will be able to use the money to prevent and combat unlicensed real estate activity in Florida and to educate the public about the importance of using a licensed real estate professional. These funds come solely from a $5 fee that real estate licensees pay when they obtain or renew a real estate license.
Unlicensed real estate activity affffffffffffects the livelihood of licensed real estate professionals who work hard to satisfy Florida’s licensing and continuing education requirements and who pay fees to become and remain licensed.
Did you know that unlicensed real estate activity is a crime in Florida? It’s a third-degree felony for someone to act as a real estate broker or sales associate without a current, active license. Unfortunately, the victims of unlicensed practitioners are often unable to recoup the fifinancial losses they have incurred because of incompetence or unscrupulous behavior.
Unlicensed activity can be reported by either calling the DBPR’s toll free unlicensed activity hotline at (866)532-1440; sending an email; or fifiling a written complaint. To learn more, go to myflfloridalicense.com and click on “Unlicensed Activity.”