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New York Real Estate License

New York Real Estate License

If you are effective at sales and want to become a licensed real estate agent in the state of New York, you must learn the steps to obtain a New York real estate license.

The time it will take you to become a real estate agent in New York

The licensing process depends on the individual, as every person completes pre-licensing education differently. State licensing exam and application also take some time.

On average, the licensing process takes about three or six months.

How do I get my real estate license in New York?

Before you take your first steps for real estate licensure, you must be at least 18 years old and a US citizen/lawfully admitted alien.

Not having any previous felonies or sex offense convictions is also a major requirement.

Complete pre-license education

The state of New York requires applicants to complete 75 hours of approved real estate pre-license education. The courses are to provide students a quick and easy way to get licensed and succeed as a real estate agent.

The courses are available to take both online and in classroom, as you get to choose how, when and where to take them.

Pre-license education, as a rule, includes the topics below:

  • Property Ownership
  • Land Use Controls and Regulations
  • Valuation
  • Market Analysis
  • Financing
  • General Principles of Agency
  • Property Condition and Disclosures
  • Contracts
  • Practice of Real Estate
  • Calculations

Pass the New York real estate license exam

After you complete 75 hours of education, you must take and pass the state licensing exam. You can register for the exam here. The examination fee is $15 for each attempt.

There are 75 multiple choice questions on the test, which are based on the pre-license curriculum.

You will have 1.5 hours for the entire exam and you must get at least 53 of the questions correct to pass.

On the examination day, you must bring valid and current forms of identification, including government-issued and approved photo identification. You must also have a printed version of “Summary of Submission” form and a basic calculator.

Gain experience and work with a licensed broker

It is extremely important to find a sponsoring broker as he/she will sponsor you to sell or rent real estate in the state of New York.

Submit the application

The last thing is to apply for the New York real estate license. Accordingly, applying online is the quickest and most comfortable way. The license application will cost you $55.

Contact Information

New York Department of Licensing Services
99 Washington Avenue, One Commerce Plaza 6th Floor,
Albany, NY 12231
Phone: (518) 474-4429
Fax: (518) 4736648

How much money you must spend on obtaining a New York license

For licensure, you will need to spend $15 per examination attempt and $50 for license application.

There will also be costs associated with pre-license education, which will cost you $320-$474. It is important to look for approved courses and not to fall for cheap ones. The latter do not have state teaching standards and you will probably end up with unnecessarily spent money.

In conclusion, the entire licensing process will cost you between $400 and $550.

Can I get my real estate license online in New York?

The answer, in most cases, is “yes”, as you can attend online education courses and submit license application online. Therefore, this makes the process much easier and you may mostly complete the process from your home.

Seda S

Seda S

Seda has four years of professional experience as a multilingual content writer. She employs SEO principles and rules to come up with original and SEO-friendly articles. Seda also has editing, proofreading, researching, and translating skills, which help to produce better content. She has written a number of articles for a wide range of websites that look for unique and genuine content. She has written targeted content for consumer portions, and she is specialized in writing guest posts, digital marketing, wellness, beauty, and other articles. Furthermore, she has prepared guides and helping materials for websites, which help people seeking licensure in all areas. Seda has also used brand new writing techniques and style based on the article while contributing to readability, accuracy, and tonality.

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