Become A Licensed Realtor In New York: 5 Necessary Steps To Take

Real Estateby Ankita Tripathy06 March 2024

Become A Licensed Realtor

A real estate salesperson or broker in New York knows how to deal with people’s everyday concerns. They know how to deal with a person in trouble while finding a house. Giving them the right solution with too many options in hand is the main motif of real estate agents.

Well, if you want to become a realtor in New York, you need to follow some critical guidelines likely or unlikely to other areas of our planet. From considering the necessary qualifications to becoming a professional realtor, the journey has only one target: getting the realtor license.

Would you argue on this?

Well, you also know that becoming a realtor in any area will require a license. Here, you must consider corofy careers to ensure a better learning process by enrolling in top-tier courses. Believe it or not, a course is a must, and it will cover all your necessary concerns regarding licensing in New York.

Whether you want to be a salesperson or a broker, your license will speak for you, and in New York, the line of strictness is one step ahead.

However, if you are interested in learning how to become a real estate agent in New York, you have come to the right place!

But why are people so interested in getting a realtor license in New York?

Well, they are probably the highest-paid agents in New York! To give you an idea, a realtor may grab a lump sum of $94,000 annually!

Is that not a good career choice?

Requirements Checklist

If you are considering New York as your place of career in real estate, then you have made the right choice.

Why?

In New York, you get the chance to start your career as a real estate salesperson in just 50 days. 

So why not?

However, here are some crucial requirements that you must follow in your business. 

  • You must be under the age criteria: at least 18 years old
  • Adhere to pre-licensing education requirement
  • Qualify for and pass the New York State Real Estate Salesperson Exam
  • Pass a background check that includes fingerprinting
  • Be sponsored by a New York State-licensed real estate broker
  • Submit a completed licensing application and the required fee to the New York State Department of State

Considering these steps will help you become the licensed realtor you always wanted to be! However, when you are considering these steps, you also need to keep in mind the expenses. Be careful of your courses, prepare yourself for better examinations, and don’t waste your money.

Steps To Get Your Real Estate License In New York

Getting a real estate license in New York can be a lucrative career choice, but it requires following certain steps. Whether you want to become a salesperson or a broker, there are certain qualifications and education requirements that you must fulfill to obtain a license. 

Here, we will discuss the necessary steps to become a licensed realtor in New York, from completing the qualifying course to submitting your application. 

So, let’s dive in and explore the steps required to kickstart your career as a real estate agent in New York.

Complete The Salesperson Qualifying Course

If you want to become a salesperson, you need to consider proper education in New York. Applying for real estate salespersons must adhere to a 75-hour salesperson course and 2 hours of continuous education.

However, keep in mind about the continuous education requirements. Even if you are doing a course but have yet to consider the nys real estate continuing education requirements, you may fail to get or renew your real estate license in New York.

For instance, if you are a salesperson, you need to complete 22.5 hours of continuous education, while as a broker, you must consider 45 hours of continuous education. This is where the concern is. Your duty as a broker does not end with a course selection, but you must acknowledge the benefits of continuous education and its requirements to grab the realtor license.

Schedule Your Salesperson Exam

The New York Department of State (DOS) requires that you schedule your real estate exam online using your eAccessNY account. 

It’s important to create an account with eAccessNY and make sure all your information is up to date before scheduling your exam. This will ensure that you receive all necessary notifications and updates regarding your exam. 

Good luck with your exam!

Prepare And Pass The Exam

Preparing for the real estate licensing exam is crucial to pass it on the first attempt. You must study the materials provided by the qualifying course, review them thoroughly, and take practice exams to familiarize yourself with the format and types of questions. You can also consider enrolling in exam prep courses or hiring a tutor to improve your chances of success.

On the day of the exam, arrive at the testing center early and bring all necessary identification and materials.

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

Passing the exam is a significant milestone, but you still need to find a sponsoring real estate brokerage to work under before submitting your application for a license.

Sign With A Sponsoring Real Estate Brokerage

In New York State, a real estate salesperson can negotiate a listing, but the final acceptance must be done by the representative broker. This means that if you want to practice as a licensed realtor in New York, you must find an eligible brokerage.

The sponsoring broker will provide training, guidance, and support to help you succeed as a real estate agent.

It’s important to choose a reputable brokerage with a good track record and a strong reputation in the industry.

Submit Your License Application

Here comes the final step to getting your license! 

Don’t worry! 

You just need to mail your initial salesperson license application to the Department of State, Division of Licensing Services.

Make sure you have completed all the requirements, including prelicensing education, passing the exam, fingerprinting, and being sponsored by a licensed real estate broker. Also, remember to include the required fee with your application.

Once your application is processed, you will receive your license, and you can start your career as a realtor in New York.

We wish you all the best for your bright future as a realtor in New York!

Additionals:

Ankita Tripathy

Ankita Tripathy loves to write about food and the Hallyu Wave in particular. During her free time, she enjoys looking at the sky or reading books while sipping a cup of hot coffee. Her favourite niches are food, music, lifestyle, travel, and Korean Pop music and drama.

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