The cycles of boom and bust have come and go for cities Like Miami Beach. In the 80's, the area was famous for the TV show Miami Vice, and it did quite resemble the one on TV. Unemployment was rife, nearby Miami was full of rundown neighborhoods, and crime rates were up. Fast forward to today, and you'll see a totally different scene.

The city's vibrance and energy is back, the once rundown sections have been remodeled and reinvigorated, and businesses are booming. The tourists from all over the world are coming in droves, and the property and real estate market has risen dramatically.

What To Take Note Before Becoming A Miami Beach Realtor

While entering real estate is generally not that hard, succeeding and rising to the top is much a much harder goal to achieve. Usually, most new agents are told to make sure that they have at least six months wort of savings and extra money for marketing to prop up their business. At the start, realtors need to work an estimated 60 to 80 hours a week, and they need to really analyze the market, learn professional work ethics, efficiently organize themselves and learn to work with different types of people.

The attrition rate however is high, not many stay in the business, and roughly 30 to 40 percent who get their license stay in the field. Recent data from the Florida Department of Business and Professional Regulation show 18,221 people with active sales associate licenses in Miami-Dade and around 17,257 in Broward County.

Budding real estate brokers are reminded to be prepared to work hard, expect to earn a little at the beginning, and regularly work on their contacts. The best thing, however, of being a Miami Beach property broker is that you work at your own pace, you get to bask in the beautiful beaches and wonderful scenery, as well as the fact you are in one of the best places to work as a realtor.

How To Become A Real Estate Broker

To legally join the real estate business in Miami Beach, one needs to first get official state accreditation and approval. In order to become a licensed Miami Beach broker, one needs to follow these steps:

- Submit a state application. The application can be obtained from real estate school. The application must be notarized, and the applicant must be at least 18 years of age, and have a high school diploma or equivalency. The applicant must have been an active sales associate for at least 12 months within the past 5 years, with a broker, or approved government agency.

If the applicant is licensed in a state other than Florida, he or she must obtain a history letter from the state or province that he or she is licensed in. The license history letter must state the applicant's name, employer, business and residence address.

It must also indicate that the applicant's license was held active for at least twelve months within the preceding five years, as well as the type of real estate license held by the applicant and the real estate license number and the date of licensure and expiration date of real estate license.

- Applicants must complete the required 72-hour course. The passing rate is 70%, and students should miss no more than 8 hours of classroom time. Any missed classes must be made up within 30 days of the scheduled course completion.

- Upon approval of the application, the agency will send an approval letter to the applicant. The applicant then calls to schedule a state examination date. The applicant must pass the examination, and obtain a score of at least 75%.

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