If you’re searching for the most recent New York real estate license requirements, you’re in the right place. Read on to learn what you need to get licensed. We’ll cover everything you need to know.
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New York is home to big ambitions, big personalities, and even bigger real estate prices. It’s no wonder agents in The Big Apple can make a healthy living representing buyers and sellers in their real estate transactions.
However, before you can kick-start your career, you’ll need to understand the New York real estate license requirements. While most requirements are the same, there are a few differences between those of a broker and salesperson.
The reason for this is that a broker supervises the agents, so naturally more training is required. We’ve broken down the requirements for you to get a New York real estate license below. Read on to learn more.
New York Real Estate Agent Requirements
As a New York-licensed agent, you will have many functions. These include finding housing for clients and guiding others throughout the entire home buying and selling processes.
However, before you ever start work, you’ll need to sit for your real estate exam. In order to do that, you’ll need to fully understand the state-mandated requirements to get a real estate license in New York.
The requirements to get a real estate license in New York include:
- Age:19 years of age
- Education: High school diploma or GED
- Experience: None required
- Pre-License Requirements: 60 hours (2 courses)
- Passing Score: 75%
- Background Check: Yes, with fingerprints
- Continuing Education: 12 hours biannually
- Background Check Fee: $35
- Application Fee: $135
- Exam Fee: $150
- License Fee: $90
New York Real Estate Broker Requirements
On the other hand, a broker supervises each of the agents. Ultimately, it’s their responsibility to keep the books, report to the State, and ensure licensed activity is legal and ethical.
To become a broker, you’ll need to meet the following criteria:
- Age: 19 years of age
- Education: High school diploma or GED
- Experience: 2 years of full-time salesperson experience
- Pre-License Requirements: With above experience, then 120 hours (4 courses). Without 2 years experience, 180 hours (6 courses)
- Passing Score: 75%
- Background Check: Yes, with fingerprints
- Continuing Education: 12 hours biannually
- Background Check Fee: $35
- Application Fee: $135
- Exam Fee: $150
- License Fee: $115 (Paid after exam is passed)
New York Real Estate License Requirements
There you have it – the complete New York real estate license requirements. We’ve told you exactly what is required of you, now it’s your turn to get the ball rolling.
Make sure to check out our other guides to help you navigate your new career in real estate.
