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New York Licensing For Broker

The fisrt step is to take the NYS Brokers 45 hour Qualifying Course which is offered at the Greater Syracuse Association of REALTORS (GSAR). GSAR's next Brokers Course will be offered early 2009, dates TBD.

A licensing candidate may take the course final examination only upon satisfactory completion of the attendance requirements. An exam score of 70% must be achieved in order to successfully complete the course. A make up exam is available in the event the course exam is not passed. Successful completion of both attendance and exam requirements entitles the licensing candidate to sit for the New York State examination.

Course Fee: $361.39 (GSAR Members) or $386.39 (non-members) includes the textbook and Total Recall Learning, a interactive study guide.

Registration Information: Downlaod and print the below brochure and mail or fax it to the GSAR with payment (coming soon). If you are unable to download the below brochure or have any course related questions, please contact Kathy at (315) 457-5979 x21

GSAR Location: Get driving directions to the GSAR here.

NYS Requirements for Licensing as a Broker are:

  • be at least 20 years of age
  • complete the Brokers qualifying course which includes 120 hours of approved instruction (previously 90 hours)  (the 75-hour salesperson’s course is counted toward the 120 hours) If you took the 45 hour salesperson's course, you will be required to take and pass a 30 hour supplement course.
  • pass the course exam
  • pass the NYS exam
  • and have either a minimum of two years experience as a licensed salesperson or three years experience in a related field.

Please check with the NYS Department of State as to what constitutes experience and/or a related field: NYS Department of State: 518-474-4429  

As of July 1, 2008, the Broker's Requirements have changed. Click here for more information.

 

Frequently Asked Questions

 

Who needs a license? According to Article 12-A of the Real Property Law,“anyone who negotiates any form of real estate transaction for another and for compensation of any kind in the State of New York” needs a license.

What is the difference between a Broker and a salesperson? A Broker is the owner or corporate officer of the firm. The Broker sponsors, trains, and supervises all the real estate activities of the agents for which he/she is responsible. A salesperson works for and under the direction of the sponsoring Broker.

What happens if I take the course but am not ready to apply for my license? Your course completion certificates are good for 8 years so if, at the end of the course, you’re not ready to apply for your license, you must hold on to your certificates until you are ready. Remember the State exam results are good for two years.

If I miss a portion of the Qualifying Course what happens? According to the New York Department of State, you must complete 90% of the class time in order to pass the course. In other words, if you miss more than 7.5 hours of the salesperson's class or 4.5 hours of the broker's class, you will automatically fail.

For more FAQ's on licensing click here.