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Questions, Answered
We're here to help with any questions about getting started in real estate. Getting licensed in New York is a big step, so we've gathered and answered the most common ones below.
To qualify for licensure to become a real estate broker in NY, a candidate must have at least two years of experience as a licensed real estate salesperson or at least three years of experience in the general real estate field. Candidates must also complete the 75-hour salesperson education requirement and the 75-hour broker education requirement. Upon course completion, the candidate must pass the real estate broker qualifying exam administered by the NY Department of State.
It takes at least two years of experience as a licensed real estate salesperson or at least three years of experience in the general real estate field before one can qualify to become a real estate broker in New York. In addition to the experience requirement, candidates must complete the applicable Pre-Licensing education requirement, and pass the real estate broker qualifying exam administered by the NY Department of State. Learn more at the NY Department of State Real Estate Broker information page.
Yes. In order to sell, lease, or rent property in New York state or to otherwise act as a real estate broker, a New York real estate license is required.
You have two years from the date your license is active before it expires and you must renew. If you do not renew your expired New York real estate broker’s license, you cannot, by law, conduct any real estate activities. There is no grace period. If you do not renew within that period of time, you will be required to pass the exam again and submit a new application, as well as pay the requisite fee.
In order to continue to qualify for licensure as a real estate broker in New York, you must have completed 22.5 hours of approved Continuing Education classroom hours within a two-year period immediately following a license renewal. You may be exempt from this requirement if you have been license prior to July 1st, 2008. You may read more about requirements and exemptions here.
More Questions?
Answers to the most common licensing questions.
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