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How to Get a Real Estate License New York Online

How to Get a Real Estate License New York Online

New York real estate agents earn one of the biggest salaries in the United States, making up to $93,000 annually. Whether you’re a broker or realtor, getting a license is a must if you want to buy or sell properties in the Empire State. Potential licensees should be at least 18 and 20 years old to become a New York real estate agent and broker, respectively. You also have to complete the necessary real estate coursework and pass an exam and criminal record check. Do you want to acquire a real estate license in New York online? Read on to learn more.

 

Requirements for Getting a Real Estate License New York Online

 

New York offers two main license types, with requirements varying accordingly. NY real estate agents are sometimes known as salespersons because they are authorized to manage real estate transactions but are required to work under licensed brokers. Brokers, on the other hand, can own companies and hire agents to work for them

Requirements for Real Estate License New York Online Agents

 

  • Be 18+ years old
  • Complete a 77-hour real estate courses New York through a certified provider
  • Pass the final exam
  • Have a New York State Driver’s License or Non-Driver ID
  • Get sponsorship from a broker

Real Estate License New York Online Requirements for Brokers

  • Be 20+ years old
  • Have a two-year working experience as an agent for three years in the general real estate field
  • Complete a 152-hour real estate online classes in NY through an approved provider or have a four-year real estate college degree.
  • Pass the final exam
  • Have a current New York State Driver’s License or Non-Driver ID

 

Can I Apply for a Real Estate License New York Online?

 

Yes. You can apply for a New York real estate license through simple steps by having a look at these guys. Alternatively, access online license application service through the eAccessNY License Management System. Whether you go digital or submit a paper application, you will still need to schedule an exam through the eAccessNY system.

 

How Long Does It Take to Get a New York Real Estate License?

 

The estimated time it takes to get a New York real estate license online at the salesperson level is three to six months. The journey may be much longer for brokers, though, due to extra requirements like a 152-hour real estate coursework instead of the 77 required for agents. Potential brokers must have also worked for at least two years as an agent or three years in the general real estate industry. The real estate profession is lucrative in New York with real estate agents averaging an annual salary of $93,0000.

 

What Is the Cost of a Real Estate License NY?

 

Getting a New York real estate license is quite affordable. From start to finish, aspiring agents often spend about $500-1000 to secure their license. Brokers can incur average costs of around $900-1400. The breakdown of the NY real estate license costs is as follows:

  • Pre-licensing exam costs can hover around $370-900
  • Brokers may pay $340 for additional coursework hours
  • Broker application fees could amount to $180 while agent application fees are about $65
  • Both license exam fees are about $15

The real estate industry is lucrative in New York with real estate agents averaging an annual salary of $93,0000. You can jumpstart your career as an agent or broker if you get your license through the above steps.

 

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