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Each state has different laws. So many rules and regulations. In Florida for example first you have to pass a prelicensing coarse (80 hours i believe) and then you have to apply and get accepted into the FREC Licensing Coarse (60 hours). You need a grade of 70 & 75 to pass these tests. Just because you pass these tests doesnt mean you can start working on your own, you cant become an "active salesperson" until you start working under a broker. If you want to become a broker you need 6 months of real estate experience and another 70 hour class & test.
I dont think Florida has a 5 transaction limit. Individual property owners are free to buy, sell, exchange, or lease their own real estate. If your providing a real estate service for someone else for commission, then you need a license.
Take the class, they even offer it at some colleges, at a slower pace (instead of 8 hours a day for 7+ days at the state schools). Its pretty easy and you'll learn alot.
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