Being a real estate agent in New York is a rewarding and lucrative career. As a real estate agent in New York, you're likely to enjoy a higher average annual salary than in other areas because property values are high. The process of becoming a real estate agent might be the same in most states. However, every state has a distinct procedure that you must comply with. This article shows how to become a real estate agent in New York.

1. Enroll in a real estate pre-licensing course

In New York, real estate agents must complete 75 hours of a qualifying course before sitting the state exam. You can take the pre-license course online or in person and look for reliable study materials to assist you in passing on your first attempt. When looking for a suitable pre-licensing course, ensure it resonates with your needs.

The aim of the course isn’t just fulfilling a requirement. It prepares you to pass the state exam and qualify as an agent. Ensure the pre-licensing course you’re taking is approved. While you can take the test from home, you should have a proctor supervising you as you take the test. When buying your pre-license course, ensure your education package has a proctor.

2. Pass the New York real estate agent licensing exam

Upon completing the 75-hour New York real estate agent course, consider scheduling your state exam via eAccessNY. But first, create an eAccessNY account. The NY state exam may be difficult, but not impossible to pass. A reliable NY real estate exam practice can increase your chances of passing the NY state exam confidently and in the first trial.

The practice exam you choose should give you unlimited access to all the NY exam prep materials risk-free guarantee, and the exam rate from previous students should be impressive. Passing this exam is the only key to obtaining your real estate license in New York.

3. Find a sponsoring broker

New York state law requires you (the salesperson) to work under a sponsoring broker. This is a licensed real estate broker who employs you and holds your license. As a real estate salesperson, you'll enter into a contract with your broker and agree to share the commission on the deals you close. Without this broker, getting an active real estate agent license is impossible.

When looking for a sponsoring broker, consider whether they offer agent support, training and mentorship, and commission structure. Once you find the right broker, book an interview with them. Your course provider can also help you find a good sponsoring broker.

4. Apply for the NY real estate agent license

Once you pass your NY real estate agent state exam, apply for the license. Look for the forms needed on the New York Department of State website and apply online or mail them. Along with your license application, you must pay a $65 fee. Once your application is reviewed, the license will be approved.

5. Get your license and keep it active

Once the state and your sponsoring broker approve your license, the New York State Department will mail your broker a copy of it, plus your pocket card. Consider keeping your license active by renewing it after every two years.

Endnote

Becoming a real estate salesperson in NY might seem daunting, but it’s possible. However, these steps can help you become a real estate agent in New York.