Keep your Florida license active with a real brokerage. Plans from $99/year. No desk fees, no office visits, no hassle.
In Florida, every active real estate sales associate must be affiliated with a licensed brokerage. The industry shorthand for this is "hanging your license" with a broker. Without a sponsoring broker, your license goes involuntarily inactive, and you cannot legally participate in any real estate transaction, earn commissions, or collect referral fees.
Florida Statute 475 and the Department of Business and Professional Regulation (DBPR) require this brokerage affiliation. Whether you are brand new, returning after a break, or simply looking for a more affordable place to park your license, you need a broker on file with the state.
Some agents use the phrase "park my license" to mean the same thing. Regardless of the terminology, the requirement is identical: your license must be held by a Florida-licensed brokerage to remain active.
BidMax Brokerage LLC was built for agents who want flexibility, low costs, and a real brokerage behind them.
Our 80/20 split plan starts at just $99/year. Subscription plans are available from $39/month or $399/year with 100% commission retention. Competitors typically charge $149 to $199 or more.
Complete your entire application, document signing, and payment online. No office visits required. Most agents finish in under 20 minutes.
Get paid within 5 business days of closing. No waiting weeks for your money. Your commission hits your account fast.
Add Errors & Omissions insurance directly through your plan. No need to source a separate policy.
Unlike many low-cost competitors that only allow referrals, BidMax is a full-service brokerage. You can list properties, represent buyers, and close your own deals.
Operate anywhere in Florida. BidMax Brokerage LLC is licensed statewide, so your affiliation covers every county and city in the state.
BidMax works for agents at every stage. Here are some of the most common situations we see.
Just passed the exam and need a broker to activate your license. BidMax gets you started without the high costs of a traditional brokerage.
Your license went involuntarily inactive because you left your previous brokerage. Reactivate it with BidMax and keep your options open.
Leaving one brokerage and not ready to commit to another. Park your license with BidMax while you figure out your next move.
Real estate is not your full-time job, but you still want to do occasional transactions or earn referral fees. BidMax makes it affordable to stay active.
Want to buy or sell your own property and keep the commission? An active license lets you represent yourself and keep the savings.
Retired from active practice but want to keep your license alive for referral income or personal deals. BidMax is the lowest-cost way to do that.
We looked at what other Florida brokerages charge agents to hang their license. Here is how BidMax stacks up.
| Brokerage | Starting Annual Cost | Commission Model | Full Brokerage? |
|---|---|---|---|
| BidMax Brokerage | $99/year | 80/20 split or 100% (subscription) | Yes |
| Typical Referral-Only Broker | $149 - $199/year | Referral fees only (25-35%) | No |
| Traditional Brokerage | $500+/year + desk fees | 50/50 to 70/30 split | Yes |
| 100% Commission Broker | $300 - $600/year + transaction fees | 100% minus flat fee per deal | Yes |
BidMax offers both models: a low-cost 80/20 split for agents doing fewer deals, and a subscription model for active agents who want to keep 100% of their commissions. See full plan details.
From application to active license in four steps. The entire process is online.
Select your plan and E&O preference. Complete the online application with your license info.
DocuSign sends all required agreements instantly. Review and sign your Independent Contractor Agreement, Policy Manual, and Commission Schedule.
After signing, complete your subscription payment securely via Stripe. Your affiliation is effective upon payment.
Transfer your Florida license to BidMax Brokerage LLC through the DBPR portal at MyFloridaLicense.com.
Apply online in minutes. Plans from $99/year. No office visits, no paperwork.