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How To Get Your Real Estate License In New York: A 6-Step Guide For 2024

Date
March 21, 2024
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Date
March 21, 2024
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In this article

Embark on a real estate career in New York and harness the vibrant opportunities that await.

How to get a real estate license in New York? It’s your essential first move. Securing this license is not just procedural—it’s your gateway to credibility and a promising career trajectory.

If you’re 18 or older, you’re on track. Complete the necessary real estate coursework, ace the required exam, and pass a criminal background check.

With your license in hand, you’re poised to make your mark in New York’s diverse property landscape. Start now and build the career you envision.

With a New York real estate license, you’re not just joining an industry; you’re seizing the opportunity to shape your future in one of the world’s most dynamic property markets.

This license is your entry pass to a realm where ambition meets reality, where the city’s pulsating energy fuels your professional aspirations.

So, step forward with confidence, knowing that your journey through New York’s real estate terrain is about to begin.

Every skyline you change and every dream home you match with the right owner not only shapes the city but also defines your career.

Forge ahead—your New York real estate adventure is calling.

Maximize your potential with Corofy’s real estate courses, approved by the NYDOS. Lead the way in learning with our innovative programs tailored for success in New York’s vibrant property market.

Testimonials from satisfied students often highlight Corofy’s comprehensive curriculum and supportive learning environment, citing these as instrumental in their successful exam preparation.

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In this article

How To Get Your Real Estate Real Estate License In New York?🪪

Ready to start your journey as a real estate agent? Here are the 5 steps you need to follow:

To become a licensed real estate salesperson in New York, one must complete a 77-hour pre-licensing course, which is available in a flexible, state-approved online format.

It’s crucial to choose a reputable course that fits both budget and learning style, as it’s a significant step toward passing the state exam and staying current in the industry.

accredited new york real estate school
  • Step 2: Complete the Pre-License Course

After picking your course, you need to finish it either online or by mail.

Make sure to learn everything carefully, because it’s really important for being a good real estate agent.

  • Step 3: Pass Your Real Estate School’s Exam

Once you’re done with the course, there’s a test you have to pass. This test is to check if you understood everything in the course.

new york real estate license certificate
  • Step 4: Take and Pass the New York Real Estate Licensing Course Final Exam

Next, you have to pass another big test, but this time it’s for the whole state of New York. This shows you’re ready to work in real estate here.

Students aiming for exam success will find Corofy’s exam prep services invaluable for thorough preparation for the state licensing exam.

  • Step 5: Find a Sponsoring Broker

Before you can be an official real estate agent, you need to find a Broker to sponsor and achieve a passing score on your licensing exam. This is a more experienced agent who will help and guide you as you start out.

Corofy Real Estate School stands out by offering lifetime job placement, making it the premier choice for a successful career in real estate.

  • Step 6: Get a New York Real Estate License

Finally, after all these steps, including achieving a passing score on the exam, you can apply to get your NYS Real Estate License.

Yay! Now you’re all set to start your career as a licensed real estate agent in New York!

Remember, each step is super important to make sure you’re ready and allowed to sell houses in New York. Good luck!

Key Takeaways 🔑

  • Earnings Potential: Real estate agents in New York are among the top earners in the field nationally, with significant average annual earnings.
  • Licensing Requirements: To become a licensed real estate agent, one must first complete the required education, which includes 77 hours of real estate coursework.
  • Education Validation: The education completed for the license is valid for two years, and agents must engage in continuing education before they can renew their license.
  • Examination and Background Check: Prospective agents must clear a final exam and undergo a background check to qualify for licensure.

Requirements to get your real estate license in New York 📑

  • Submit a completed application and the required fee to the Department of State.
  • Be 18 years old
  • Have successfully completed 77 hours of approved qualifying education. Please see our FAQs listed below for more information.
  • Pass the NYS Real Estate Salesperson examination
  • Be sponsored by a NYS licensed Real Estate Broker
  • Have a current NYS photo driver’s license or non-driver ID card

What Does A Real Estate Salesperson Do? 📝

A real estate salesperson is a professional who is licensed to represent buyers and sellers in real estate transactions.

They work under the guidance of a licensed broker and are responsible for listing, negotiating, and closing real estate deals, on their path to becoming a licensed real estate agent after passing the pre-license course final exam.

To become a licensed real estate agent in New York, an individual must meet the following requirements: complete hours of coursework as mandated by the state, pass the exam, and be sponsored by an active NY real estate broker.

  1. Age and Citizenship:  These are important when applying for a New York salesperson license. Applicants must ensure they meet these requirements before they apply online: The applicant must be at least 18 years old and a legal resident of the United States.
  2. Education in real estate: It’s foundational for those who want to be a real estate salesperson. The applicant must complete a 77-hour real estate salesperson course from an approved school.
  3. Exam: The applicant must pass the New York State real estate salesperson exam, which tests their knowledge of real estate principles, practices, and laws, to become a licensed New York real estate agent.
  4. Background Check: The applicant must undergo a background check, which includes fingerprinting and a review of their criminal history. This process can often be initiated online or by mail.
  5. Application: To become a real estate agent in New York is an important step to getting your career in real estate off the ground in this active New York market. The applicant must submit a completed application, along with the required fees and documentation, to the New York Department of State three months before the license expires.

Once the applicant completes these requirements, they will receive their real estate salesperson license and can begin working with a licensed broker to represent buyers and sellers in real estate transactions.

Overall, obtaining a real estate license in New York is a process that requires dedication, hard work, and a commitment to learning.

However, with the right education and preparation, anyone can become a licensed real estate salesperson and pursue a rewarding career in New York real estate.

steps to get a New York real estate license

How Much Does It Cost To Get A Real Estate License In New York?💵

The cost of obtaining a real estate license in New York varies.

The pre-licensing course costs around $300 to $500, depending on the school, and includes a comprehensive 77-hour pre-licensing curriculum tailored to meet NY state requirements.

The NY DOS charges a $50 fee for the salesperson exam and a $55 fee for the license application.

In total, the cost to obtain a license with the New York Department of State is around $400 to $600.

Real Estate License Reciprocity
In New York 🔄️

As of February 1, 2023, New York State has discontinued reciprocity agreements for real estate licensing with all other states.

To acquire or renew a real estate license in New York, all applicants must fulfill state-specific education requirements.

This includes completing 22.5 hours of continuing education, which encompasses 3 hours of fair housing and/or discrimination instruction, 1 hour of agency (or 2 hours for new licensees), 2.5 hours in ethical business practices, 1 hour of instruction on recent legal matters, 2 hours of instruction in cultural competency, and 2 hours regarding implicit bias.

The exemption for long-standing brokers from continuing education has also been eliminated.

➡️ Step 1: Enroll in Your 77-Hour Pre-License Course

To become a licensed real estate salesperson in New York, you must complete a 77-hour pre-licensing course.

There are many options available, both in-person and online, for test takers looking to prepare for the New York real estate exam.

However, it is important to choose a course that is approved by the New York State Department of State as part of the pre-licensing curriculum.

One popular option for a fully online course is Corofy’s 77-Hours Real Estate Pre-Licensing Course, sponsored by an active NY brokerage, which facilitates the path toward obtaining an NY real estate license.

This course is updated for 2024 and can be completed at your own pace, on any device.

It covers everything you need to know to stay updated in your career as a real estate agent in New York, from passing the pre-license course final exam to maintaining your education.

When choosing a pre-license course to prepare for the New York real estate final exam, it is important to consider factors such as cost, flexibility, and reputation, especially since completing a 77-hour pre-licensing course and passing the pre-license course final exam are crucial steps.

It is recommended to compare different courses and read reviews from other students to reflect the content and quality of the courses offered.

➡️ Step 2: Complete the 77 Hours Pre-License Course

To become a licensed real estate salesperson in New York, completing a 77-hour pre-license course is a mandatory requirement.

This course not only covers the essentials of real estate principles but also includes targeted exam preparation, ensuring that candidates are thoroughly equipped for the New York licensing exam

The course covers a wide range of topics such as property ownership, contracts, real estate law, appraisal, and finance.

It is important to note that the course must be completed through a New York State-approved education provider, an integral step in the process of getting your license.

Real Estate School's 77-hour curriculum

How Long Does It Take To Get Your Real Estate License In New York? 🗽

The time it takes to get your Real Estate License in New York varies depending on several factors, including how quickly the exam results are processed.

Completing the 77-hour pre-license course is the first step, and the duration of the course can vary depending on the provider.

Some providers offer the course in a classroom setting, while others offer it online.

After completing the course, the next step is to take and pass the New York State Real Estate licensing exam.

Once the exam is passed, the applicant must find a licensed broker to sponsor them.

The broker, serving as your mentor and responsible for overseeing the applicant’s work, ensures compliance with all relevant laws and regulations to maintain their broker license.

Overall, the process of getting a real estate license in New York can take several months, depending on the individual’s pace.

However, with the right education and preparation, anyone can become a licensed real estate salesperson in the state of New York.

➡️ Step 3: Pass Your Real Estate School’s Exam

Once you have completed your pre-licensing coursework, it’s time to take the real estate school’s exam.

The exam consists of 75 multiple-choice questions and you must score at least 70% to pass.

It’s important to prepare for the exam by reviewing your notes and taking practice exams.

During the exam, it’s important to read each question carefully and pay attention to details to successfully apply for a license.

Some questions may have multiple correct answers, so it’s important to choose the best answer.

If you don’t pass the exam on your first attempt, don’t worry. Remember, you can take it again, aiming to pass both the state and national portions.

You will be given 90 minutes to complete it on your next try. You can retake the exam as many times as necessary within two years of completing your pre-licensing coursework.

However, you must wait at least one day between exam attempts, accounting for the rate of New York examination retakes.

Remember to schedule your exam online using your eAccessNY account, as it is required by the Department of State, and consider taking practice tests to ensure readiness.

You must also bring two forms of identification, including one government-issued photo ID, to the real estate exam in NY.

Make sure to apply online to streamline the process.

By following these tips and adequately preparing for the exam, you can increase your chances of passing and obtaining your real estate license in New York.

➡️ Step 4: Take and Pass the New York Real Estate Licensing Exam

After completing the required coursework, the next step is to take and pass the New York real estate licensing exam.

This exam is administered by the New York Department of State (DOS) and is designed to test the applicant’s knowledge of state and national real estate principles, practices, and laws.

New York State Real Estate Licensing Exam Information🗒️

The New York real estate licensing exam consists of two parts: the national portion and the state-specific portion.

The national portion of the real estate exam in NY consists of 80 questions, while the state-specific portion has 30 questions.

The exam is multiple-choice, and applicants have two and a half hours to complete it, a crucial step in getting their New York salesperson license.

To schedule the exam, applicants must create an account on the DOS’s eAccessNY portal and pay the exam fee.

The exam fee is $15 for the national portion and $15 for the state-specific portion, for a total of $30, a small investment in your future as a New York real estate agent.

The exam is administered at various locations throughout the state, and applicants can choose the location and date that works best for them, ensuring they have ample time for exam prep.

The decision to apply online depends on whether it suits their schedule and if it allows them to complete the required hours of coursework efficiently.

To pass the exam, applicants must score at least 70% on both the national and state-specific portions.

If an applicant fails one or both portions of the exam, they can retake the failed portion(s) up to three times within two years of completing the coursework.

If an applicant fails to pass both portions of the exam within two years, they must retake the entire licensing course before being eligible to take the exam again.

In conclusion, passing the New York real estate licensing exam is a crucial step in becoming a licensed real estate salesperson in the state.

By passing the exam, applicants demonstrate their knowledge and commitment to the real estate profession.

Manhattan, New York is ranked as one of the best places to get your real estate license due to its growing real estate market. If you’re thinking of getting your New York real estate license, Manhattan is a great place to start your career.

➡️ Step 5: How to Find a Sponsoring Broker

To become a licensed real estate salesperson in New York, you must be sponsored by a real estate broker and complete 77 hours of pre-licensing curriculum.

This means that you must work under the supervision of a licensed broker who will be responsible for your actions as a real estate agent in New York, a key step after passing the course final exam.

Here are some steps to help you find a sponsoring broker in New York in your journey to getting your new real estate license.

What Is A Real Estate Sponsoring Broker In New York? 👥

A real estate sponsoring broker, who needs to sponsor your application for a salesperson license, is a licensed broker responsible for supervising the activities of real estate salespersons.

The sponsoring broker is responsible for ensuring that the salesperson follows all the rules and regulations of the New York Department of State.

Steps To Find A Sponsoring Broker 🔍

  1. Research Real Estate Brokerages: Start by researching real estate brokers in New York to find a potential mentor as you start your new career in real estate.

    Look for brokerages that have a good reputation and a strong track record of success.

    Use online resources such as real estate job boards to find brokerages that are hiring.
  2. Contact the brokerages: Once you have identified some brokerages that you are interested in, contact them directly, critical step in obtaining your New York Real Estate License.

    You can do this by phone or email. Introduce yourself and express your interest in becoming a real estate salesperson.

    Ask if they are currently hiring and if they would be willing to sponsor you, a key aspect of the licensure process.
  3. Attend Interviews: If a brokerage is interested in sponsoring you, they will likely invite you to an interview where you can discuss how they can mentor you.

    Prepare for the interview by researching the brokerage, practicing your interview skills, and understanding the licensure process.

    Be sure to dress professionally and bring a copy of your resume when applying for a license online as a real estate agent in New York.
  4. Choose A Brokerage: After interviewing with several brokerages, select the one that is the best fit for you, ensuring they are willing to sponsor your NY real estate license.

    Consider factors such as the brokerage’s reputation, culture, training program, and willingness to serve as your mentor as you embark on this new path.

In conclusion, finding a sponsoring broker in New York is an important step in the journey to becoming a licensed real estate agent and beginning a rewarding career in the industry.

➡️ Step 6: Get a New York Real Estate License

To become a licensed real estate salesperson in New York, one must complete an approved broker qualifying course and pass the state exam.

The process of obtaining a New York Real Estate License is straightforward, and the following subsections explain the application process, license renewal, and what happens when your license expires.

New York Real Estate License Application 🗽

The New York Department of State (NYDOS) regulates the licensing process for real estate salespersons. To apply for a New York Real Estate License, one must meet the following requirements:

  • Be at least 18 years old
  • Be a US citizen or legal resident alien, a requirement for becoming a real estate agent in New York.
  • Complete a 77-hour salesperson qualifying course from an approved provider
  • Pass the New York Real Estate Salesperson Exam
  • Submit the application and fee to NYDOS for the New York salesperson license examination.

The salesperson qualifying course covers topics such as property ownership, contracts, financing, and real estate law, essential for those aiming to become a real estate agent in New York.

Once the course is completed, the applicant must pass the New York Real Estate Salesperson Exam, which consists of 75 multiple-choice questions and covers both state and national portions of the exam.

The exam fee is $15, and the applicant must schedule the real estate exam in NY through their eAccessNY account.

After passing the exam, the applicant must submit their application and fee to NYDOS online or by mail to become a real estate agent in New York.

The application fee is $55, and the license fee is $50, small steps in the journey to getting your new real estate license.

Once the application is approved, the applicant will receive their New York Real Estate License, marking a significant step toward getting your new license.

How to Renew Your Real Estate License 🔄️

A New York Real Estate License is valid for two years from the date of issuance.

To renew the license, the licensee must complete 22.5 hours of continuing education courses from an approved provider, including three hours of Fair Housing and one hour of Agency Law.

The licensee must also submit their renewal application and fee to NYDOS before the expiration date.

In conclusion, obtaining a New York Real Estate License requires completing a salesperson qualifying course, passing the state exam, and submitting an application to NYDOS.

License renewal requires completing continuing education courses and submitting a renewal application to NYDOS.

Real Estate Special Considerations 🔍

In New York, there are Special rules that apply to this profession, which change every few years and must be understood completely by people who work in real estate.

 

There’s a big book of rules called the “Real Estate License Law” that’s 48 pages long!

 

These rules are watched over by the New York Department of State, and they’re super important to stop unfair or wrong things from happening in buying and selling houses.

 

If you’re going to be a real estate agent or broker, you need to know these rules really well.

 

This makes sure you’re doing your job right and being fair to everyone.

 

Also, New York has special laws to protect people who own smaller properties.

 

These laws, under the umbrella of regulation, help keep their homes safe from certain money problems.

 

And, if you’re dealing with renting out places, there are special rules about rent control that you need to know.

 

Understanding all these laws is a big part of being good at your job in real estate in New York.

 

It helps you help your clients the best way while making sure you follow all the legal stuff.

Earn a career certificate

After you complete your New York 77-Hour Real Estate Pre-Licensing Course, you’ll:
Group 1000008101

Conclusion 🔒

Obtaining a real estate license in New York can be a challenging but rewarding experience, offering a path to becoming a licensed real estate agent.

It is important to note that all the information provided in this article is specific to the state of New York and may not apply to other states.

Remember to do your research and choose a reputable real estate school that meets your needs and learning style.

Avoid making exaggerated or false claims about the process or the schools you choose to attend.

In summary, obtaining a real estate license in New York requires completing an approved broker qualifying course, passing the state exam, and renewing your license every two years.

With the right mindset and resources, anyone can achieve their goal of becoming a licensed real estate salesperson in the state of New York.

Frequently Asked Questions ❓

The Division of Licensing Services in New York states that first time NEW licensees or registrants are classified as individuals who have never been licensed and have not scheduled an exam through eAccessNY and want to schedule an exam. To sign up for the exam, register for an account on the Department’s website (www.dos.ny.gov) entitled “”eAccessNY,” then click on “”Apply to Take an Exam”” in the main menu, and then follow the instructions.

 

Two things to note: You must accept the exam policies to continue and, if scheduling a broker’s exam, you must indicate the type of broker license for which you will eventually apply for (for example: individual, corporate, partnership, etc).

 

It is important that individuals with a license DO NOT create a new account.

No, you do not need to have a high school diploma or GED to apply for a real estate license in New York. The only requirement is that you are at least 18 years of age or older.

You will need to renew your license two years after your license first becomes active. To continue working as a real estate agent in NY, you will then need to fulfill your Continued Education requirement, guided by the regulation of the home state. If you fail to renew within that period, and your license expires, you will be required to pass the state written examination and submit a new salesperson/broker application, along with the fee. Note: There are no grace periods.

To get a real estate license in New York, you need to be at least 18 years of age. There is no requirement to have a GED or high school diploma in order to get your salesperson real estate license.

After completing all of the steps on your Checklist for License Renewal (including payment), you will receive a confirmation page indicating that your renewal has been submitted. Before your license is renewed, your application will be reviewed by DOS to make sure it is complete and meets the renewal qualifications.

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Beginner Level

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Real Estate License:

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77Hr of Pre-Licensing Education

Certificate of Completion

Free Final Exam

24/7 Customer Support

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