New York Real Estate License Requirements

The New York Division of Licensing Services oversees all real estate matters in the state of New York. The types of real estate licenses the division currently issues are salesperson and broker licenses.

The requirements to become a real estate agent [salesperson] or broker in New York are as follows:

SALESPERSON LICENSE REQUIREMENTS:

To be eligible for a New York salesperson license, applicant must be at least 18 years old and be a U.S. Citizen or an alien authorized to work in the United States.

All applicants must complete a Child Support Statement, regardless of whether they have any children. Any applicant who is more than four months behind on child support payments will have their licensed suspended or denied. All applicants must disclose if they have ever been charged with or convicted of a misdemeanor or felony an include a copy of their indictment or criminal complaint with their application.

No prior real estate experience is required to obtain a New York salesperson license.

Applicant must complete a 75 hour salesperson qualifying education course in real estate approved by the Secretary of State

New York Real Estate License Requirements

New York Real Estate License Requirements

After completing the prelicense education requirements, applicant must pass the state and national real estate salesperson exam with a minimum score of 70%. Applicants will have 1.5 hours to complete the exam. Scores are valid for two years.

A New York salesperson license application must be submitted after passing the exam along with proof of sponsorship by a licensed broker in New York.

All New York salesperson licensees must complete 22.5 hours of continuing education approved by the New York Real Estate Commission, which includes at least 3 hours of instruction on fair housing and/or discrimination in the sale or rental of real property or an interest of real property, every two years.

Applicants who completed the 45-hour salesperson qualifying course prior to July 1, 2008 may complete the 30-hour remedial course in order to qualify for a license.

New York has a reciprocity agreement for a real estate salesperson license in the following states:
Connecticut
Georgia
Oklahoma
Pennsylvania
West Virginia

Fees to obtain a New York salesperson license include:
Initial Salesperson License Application Fee: $50
Salesperson License Renewal Fee: $50
Written Exam Fee: $15


BROKER LICENSE REQUIREMENTS:

To be eligible for a New York broker license, applicant must be at least 20 years old and be a U.S. Citizen or an alien authorized to work in the United States.

All applicants must complete a Child Support Statement, regardless of whether they have any children. Any applicant who is more than 4 months behind on child support payments will have their licensed suspended or denied.
All applicants must disclose if they have ever been charged with or convicted of a misdemeanor or felony an include a copy of their indictment or criminal complaint with their application.

At least two years of experience as a licensed salesperson or at least three years of experience in the general real estate field is required to obtain a New York broker license.

Applicant must complete a 75 hour salesperson qualifying education course and a 45 hour real estate broker course approved by the Secretary of State.

After completing the prelicense education requirements, applicant must pass the state and national real estate broker exam with a minimum score of 70%. Applicants have 2.5 hours to complete the exam. Scores are valid for two years.

A New York broker license application must be submitted after passing the exam.

All New York broker licensees must complete 22.5 hours of continuing education approved by the New York Real Estate Commission, which includes at least 3 hours of instruction on fair housing and/or discrimination in the sale or rental of real property or an interest of real property, every two years.

Licensed real estate brokers who are engaged full time in the real estate business and who have been licensed prior to July 1, 2008 for at least 15 consecutive years immediately preceding renewal are exempt from the continuing education requirement.

Attorneys admitted to the New York Bar who hold a real estate broker license are exempt from the continuing education requirement.

Applicants who have a Bachelor’s Degree with a concentration in real estate, may qualify for a 120-hour qualifying course requirement waiver.

New York has a reciprocity agreement for a broker license in the following states:
Arkansas
Colorado
Connecticut
Georgia
Massachusetts
Mississippi
Oklahoma
Pennsylvania
West Virginia

Fees to obtain a New York broker license include:
Initial Broker License Application Fee: $150
Broker License Renewal Fee: $150
Written Exam Fee: $15


References:

New York Division of Licensing Services: Real Estate Broker/Associate Broker Application: https://www.dos.ny.gov/forms/licensing/0036-a.pdf

New York Division of Licensing Services: Fees & Terms of Licensure/Registration: http://www.dos.ny.gov/licensing/fees_terms.html

New York Division of Licensing Services: Real Estate Salesperson Application: http://www.dos.ny.gov/forms/licensing/0022-a.pdf

New York Division of Licensing Services: Real Estate Broker Exams: http://www.dos.ny.gov/licensing/re_broker/re_broker_exams.html

New York Division of Licensing Services: Real Estate Salesperson Exams: http://www.dos.ny.gov/licensing/realestate/re_salesexams.html

New York Division of Licensing Services: Real Estate Reciprocity: http://www.dos.ny.gov/licensing/realestate/re_reciprocity.html

New York Division of License Services: http://www.dos.ny.gov/licensing/re_salesperson/re_sales_broker_faq.html


Leave a Reply

Your email address will not be published. Required fields are marked *