Real Estate Salesperson Continuing Education Requirements
A. Renewal periods are every two years from the date printed on the license. Licensees are eligible to renew up to three months prior to the expiration dateB. Must complete 22.5 hours of education to include:
a. 3 hours of Fair Housing and or Discrimination educationb. At least 1 hour of Agency educationc. At least 2.5 hours of instruction pertaining to ethical business practicesd. At least 1 hour of instruction pertaining to recent legal matters governing the practice of real estate brokers and salesperson in New York which may include statutes, laws, regulations, rules, codes, department of state opinions and decisions, and court decisions.e. In initial two-year licensing term salespersons must complete 2 hours of Agency.f. As of July 1, 2021 all licensees with an expiration date on or after July 1, 2021 are required to complete the 22.5 hours of approved continuing education. Recently, an amendment to remove the 15-Year real estate broker continuing education exemption was adopted.
C. A salesperson who can complete an approved broker qualifying course will receive continuing education credit for completion of the course. The broker course does not meet the mandatory three-hour Fair Housing requirementD. To see more information, please visit: www.dos.ny.gov/licensing/re_salesperson/re_sales_broker_faq.html#6
Real Estate Broker Continuing Education Requirements
A. Renewal periods are every two years from the date printed on the license. Licensees are eligible to renew up to three months prior to the expiration dateB. Must complete 22.5 hours of education to include:
a. Three hours of Fair Housing and or Discrimination educationb. At least one hour of Agency educationc. As of July 1, 2021 all licensees with an expiration date on or after July 1, 2021 are required to complete the 22.5 hours of approved continuing education. Recently, an amendment to remove the 15-Year real estate broker continuing education exemption was adopted.
C. To see more information, please visit: www.dos.ny.gov/licensing/re_salesperson/re_sales_broker_faq.html#6
You Now Know How To Get Your Real Estate License In New York
Ready? Recap.
All thats left now is action. Take the first step today.
Then, enter your new life as the ultimate sales machine.
Ready, Set, GO!
Also Check: How To Schedule Cpa Exam
How To Study For The New York Real Estate Exam
Before taking the state exam, it is required that you complete the 75-hour course at any of the top real estate schools in New York and pass the school exam. Real estate courses can be classroom-based and online.
Our guide will help you decide whether online or classroom-based real estate courses work better for you.
If you are considering taking online classes to get your real estate license in the state of New York, you can save up to 40% on your education costs by utilizing this special PROMO code that is exclusively available only to our readers.
Kimberly Anderson, Senior Creative Editor at Real Estate Bees
Consider the school exam a practice test as it is usually harder than the state exam. If you can pass your school exam, you will likely succeed at the state exam.
Most schools, for an additional fee, also offer exam prep cram courses. This is not typically necessary unless you feel it will supplement your test preparation strategy.
Everyone studies and plans differently. Do what you think is best for your aptitude.
Of course, the safest way to prepare for the exam is by reading the entire book carefully, multiple times, and memorizing key terms and formulas.
Please dont make the same mistake as I did. I only read the first half of the book and went for the exam, then failed miserably.
Where To Get An Idea Of What Is On The New York Real Estate Exam
Your school should be able to provide practice tests, and your teacher is usually up-to-date on the latest trends for the state exam questions.
I recommend asking them as to what to expect as they have constant feedback from students.
You should also pay attention to your teachers: they usually emphasize what they expect to be on the test and cover those sections in more detail.
Recommended Reading: Lens Crafters Eye Exam Cost
Empire State Real Estate Agents Are Among The Highest Paid In The Nation
Whether you want to be a real estate agent or broker, if you want to buy and sell real estate in New York, youll need a license. Youll also have to be at least 18 years old to become an agent and 20 years old to become a broker, complete specific real estate coursework, pass an exam , and undergo a criminal background check.
Which license is right for you? The difference between a real estate agent and a real estate broker is largely based on years of experience and education. For one, an agent must work under a licensed broker, whereas brokers can work for themselves and/or hire agents to work for them. Becoming a broker in New York also requires completing additional coursework and working a minimum of two years as an agent.
What Is The Cost Of Taking The New York Real Estate Exam
The state exam costs $15 each time, however, there are other steps in the process of becoming licensed and there is a cost associated with most of them:
1. Complete a 75-hour course that is approved by the Department of State
Cost varies between $99 $1000.
2. Pass your school exam
Included in the cost of the 75-hour course
3. Pass your state exam
4. Find a sponsoring broker
Free
5. Submit your application with the Department of State
After passing your exam and becoming one of the licensed real estate agents in New York, you still need to get prepared for your real estate career.
Find out what is the next step after passing your real estate exam from one more article by another real estate expert.
Joining a real estate team can also help kickstart your career. Its the easiest way to help you network with the right people and gain clients.
Learn from the experiences of industry experts sharing their insight into the life of a real estate agent as a career.
To help you build and grow your real estate career quickly, we at Real Estate Bees created a directory for real estate professionals.
Its designed to help you get more exposure for your business, including receiving leads. Create a free profile by signing up here.
About the Author
If you want to contribute your expert advice on a topic of your expertise, feel free to apply to our Expert Contributor Program.
You May Like: How Many Questions Are On The Ccma Exam
Take Ny Real Estate Exam Preps
Take advantage of the available materials to help you pass the exam. Exam practice tests allow you to identify your strengths and weaknesses and pinpoint sections you need to work on. Taking the practice tests will also help you get familiar with the time allotted, the types of questions on the exam, and how questions are worded. Memorize the math formulas to solve common real estate calculations such as profit and loss, mortgage interest, down payments, commissions, and closing prorations. Carefully read the questions to determine exactly what is being asked. Regardless of the specific numbers and scenarios in the question, if you use the correct formula, your answer should be correct.
Powers And Duties Of The Secretary Of State
The Secretary of State has the duty to administer all licensing, examination, education, and compliance provisions of Article 12-A the rules of the Board and the rules of the Secretary of State.In addition, the Secretary of State has specific authority to adopt rules and regulations pertaining to the following matters:
The Secretary of State has the authority to enforce the provisions of Article 12-A upon complaint by any person or upon his own initiative to investigate any violation thereof and to investigate the business, business practices, and business methods of any person applying for or holding a license as a real estate broker or salesperson. In addition, the Secretary of State has the authority to approve or deny license applications and renewals and the Secretary of State may suspend or revoke a license, or impose a fine or reprimand, for violations of Article 12-A.
Also Check: Clep Exam Spanish Practice Test
New York Real Estate Exam 2021
Published by on
Q1. How much time is given to pass the New York salesperson exam?
Candidates will be given 90 minutes or 1.5 hours to complete the examination.
Q2. How many hours of pre-licensing education do you need in New York?
New York requires one course to get your real estate license a 75-hour real estate sales license course.
Q3. In order to obtain a New York Real Estate License you must have a high school diploma?
You must have a high school diploma or equivalent.
Q4. How many continuing education hours are required in New York?
Q5. How old do you have to be in New York to obtain a real estate license?
You must be at least 18 years of age. You must be either a U.S citizen or a lawfully admitted alien. Meet TREC’s qualifications for honesty, trustworthiness, and integrity.
Q6. How often must you renew your New York sales agent license?
As a Real Estate Sales agent you must renew your license every two years. A renewal notice will be sent out about 90 days before your license expiration date.
Q7. For how long must a NY real estate agent save any records related to home sales that the agent is involved with?
The Department of State requires that New York real estate agents keep any records related to home sales that the agent was involved with for 3 years.
Q8. Which of the following type of agency relationships is recognized in New York?
Single agency and disclosed dual agency are the only types of agency relationships recognized in New York.
Nys Real Estate Education
The Real Estate Board of New York is committed to offering best-in-class education and professional development for real estate professionals. From pre-licensing courses to advanced designations to ongoing professional networking, REBNY is here to support you in your growth and development.
Effective September 21, 2022, NYS licensees must complete at least two hours of implicit bias awareness training and at least two hours of cultural competency training as part of the 22.5 hours of continuing education required for license renewal.As New York State DOS has noted, these requirements are based on the license expiration date rather than the date on which a renewal application is submitted for processing. REBNY recently noted these updates as part of a summary of recently amended and adopted State legislation.
Please note: If completing the broker course for continuing education, you must also complete 2.5 hours of ethical business practices and 1 hour of recent legal matters topics to satisfy the requirement.
A recent legislative amendment REMOVED the 15-year real estate broker continuing education exemption and now requires all brokers who were previously exempted to complete continuing education starting July 1, 2021. REBNY is currently offering live distance learning continuing education courses via Zoom along with online, on-demand courses to satisfy all requirements.
Don’t Miss: Places To Get Eye Exams
Nysdsdls New York State Department Of State Division Of Licensing Services
Mailing Address:
New York Department of Licensing Services99 Washington Avenue, One Commerce Plaza 6th Floor,Albany, NY 12231
Website:
Information on this page has been gathered by a multitude of sources and was most recently updated in July 2022.
Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. StateRequirement and its members and affiliates are not responsible for any losses, monetary or otherwise. StateRequirement is not affiliated with any state, government, or licensing body. For more information, please contact your state’s authority on insurance.
When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. Learn More
Real Estate Salesperson Prelicensing Education Requirements
1. Be 18 years old2. Complete the 75-hour salesperson qualifying education course3. Prior to July 1, 2008, any applicant who completed a 45-hour salesperson qualifying course may complete the 30-hour remedial course in order to qualify for licensure
a. New York state requires proctoring for the final exam at a location within the state of New Yorkb. Exams should be scheduled once the education has been completed but at least 7 days before the desired exam datec. Everyone that enters these facilities must wear a mask and must wear said mask at all times.d. Be sponsored by a licensed brokere. Select one of the testing locations listed in the following link that works best for you and contact them to schedule the exam, once your course has been completed:
4. Pass the examination administered by the Department of State5. For more information, please review the states website: www.dos.ny.gov/licensing/re_salesperson/re_sales_broker_faq.html#36. For information on how to apply for licensure, please visit the following link: https://dos.ny.gov/real-estate-salesperson
Don’t Miss: How To Study For Ap Chemistry Exam
Real Estate Salesperson Vs Broker
While the definitions can vary by state, in New York, real estate salespersons work for real estate brokers. They act as agents for brokers and handle real estate transactions, but brokers are the ones who ultimately accept those negotiated terms. The requirements to get these licenses are very different.
To qualify as a real estate salesperson in New York, you will need to take a 75-hour real estate education course. The standards for becoming a real estate broker are stricter. In addition to the 75-hour training, you will also need to take a 45-hour broker training course, as well as meet certain experience requirements.
Real estate brokers also need a minimum of three years of experience working in the field of real estate, two years working as a real estate salesperson, or a combination of the two. This experience is evidenced by collecting a certain number of points for your experience. These are detailed on the real estate license application instructions.
Apply For Your New York Real Estate Salesperson License
Once you pass the New York Real Estate exam, you need to fill out the online application and pay the required fee to obtain your license. The New York Real Estate Salesperson Application can be found on the New York Department of State Division of Licensing Service website, or you can complete it online.
Recommended Reading: Why Are Clinical Breast Exams No Longer Recommended
How To Become A Real Estate Agent In Nyc
You may find it hard to access the right information on the internet, so we are here to help you in the following article, providing the best and updated information on nys real estate license course online, nys real estate exam locations. Read on to learn more. We at collegelearners .com have all the information that you need about nys real estate exam dates 2021. Read on to learn more.
Tips For Passing The New York Real Estate Exam
1. Plan your day carefully and arrive early
You need to give yourself plenty of time to get to the exam site. The last thing you want is arriving stressfully because of traffic or train delays.
2. Sleep and eat well
It is essential to be in good spirits and capable of focusing, so eat before the exam and sleep at least 8 hours.
3. Dont study or take practice tests on the day of the test
It can create anxiety and increase stress.
4. Keep track of time during the exam
Do not stress over it but have a general idea of how many questions and how much time you have left.
5. Skip the question if you dont know the answer
You can come back to it later.
6. Dont rush giving the answers
Read every answer and every question carefully.
7. Ignore others in the room
There will be people who finish in 20 minutes, but it makes no difference to you.
8. Dont change your answer
Statistically proven that it is usually a bad idea. Only change it if you are 100% sure.
You can also read more tips on how to pass the real estate exam the first time from one of our experts, Kristina Morales.
Don’t Miss: California Notary Exam Practice Test
Get Plenty Of Sleep And Food
It is important to maintain your health before taking an exam. Get at least eight hours of sleep for several days before the exam and eat a full meal the day of the test. Taking practice tests on the day of your real estate exam can increase your anxiety and tension. Remember to relax, breathe, and remain calm. Concentrate only on the material presented on the exam.
Free Ebook: Launching Your Real Estate Career
Wouldnt it be great if you could sit down with a room full of successful real estate professionals and ask them for career advice? We asked several accomplished real estate professionals what they wish they knew before they earned their license and started their career, and what they thought all aspiring real estate professionals should know. We put all of their advice into a value-packed eBook.
You May Like: Acls Practice Exam Questions And Answers
Contact Important Update For Course Providers Re Remote Learning
NEW: Effective December 7, 2021, new regulations allow schools already approved by the department to offer qualifying and continuing education courses virtually via live remote programs. Live distance education means providing instruction, in real-time, where the approved instructor and student are physically separated but the education program utilizes remote technology to allow each person to view and communicate with each other in a live and interactive manner that transmits simultaneous live audio and video. Approved providers, at their choosing and subject to reasonable restrictions, may now offer live distance education courses after approval by the department.