If you have ever dreamed of becoming a real estate agent in the Empire State, then you will need to meet the qualifications for a New York State real estate salesperson’s license. To make sure that you have all the information you need, here is a step-by-step guide to obtaining your license.
Step 1: Meet the Qualifications
The most crucial step to obtaining your license is making sure that you meet all the necessary qualifications. You must be 18 or older, honest and trustworthy, demonstrate a legal right to work in the United States, have an understanding of basic English language skills, and have never been convicted of a felony. Meeting these qualifications is essential before any other steps can be taken.
Step 2: Complete Pre-Licensing Course and Exam
Once you have met the qualifications, it is time to complete the pre-licensing course and exam. The course lasts 77 hours. Some of the subjects include: license law and regulations, Law of Agency, Agency relationships, Deeds, Estates, Contracts, Mortgage Basics, land use regulations, valuation process, human rights and fair housing. This course must be completed by passing (70%) the required course examination. The Department of State (DOS) allows the course to be delivered by three different methods: In-Person classroom, Live Distance (i.e., Zoom) or self-driven online.
Step 3: Pass State Licensing Examination
After completing the pre-licensing course successfully passing its exam with at least 70% accuracy rate; applicants must pass the state licensing examination with at least 70%. It costs $15 per attempt and there are no limits on how many times applicants can take it until they pass; however, they must wait seven days between each consecutive attempt.
Step 4: Pay Required License Fee & Obtain a Sponsoring Broker
The last step involves paying the required fee of $65 and obtaining a sponsoring broker so that their application can be processed by New York State Department of State Division of Licensing Services (DLLS). Once DLLS verifies all information provided by applicant and their sponsoring broker, DLLS will issue applicant’s Salesperson License within 14 days (about 2 weeks) from application submission date.
Becoming a real estate agent in New York State is not easy; but it is possible with determination and dedication. If you meet all the necessary qualifications and complete each step outlined above correctly, your dreams could soon become reality! So do not give up – follow these steps and begin your journey towards becoming licensed as a New York State real estate agent! Good luck!