| New
York State
Real Estate Broker & Sales Licenses
|
Frequently
Asked Questions
provided by NYS DoS
Applicants for Real Estate Broker
and Salesperson Licensure
Do I need to be licensed?
Generally,
Article 12-A of the Real Property Law provides that anyone who, on behalf of another
and for a fee, 1) negotiates a sale, exchange or rental of real property, 2) collects
rent, or 3) negotiates a commercial loan secured by a mortgage must be licensed
as a real estate broker.
What is the difference between a real estate broker
and a real estate salesperson?
A real estate broker is responsible
for the supervision and conduct of the real estate brokerage business. He or she
applies for and holds the license on behalf of the brokerage. This person is known
as the "representative broker." A real estate salesperson works for
and is supervised by the representative broker. The salesperson acts as the representative
broker's agent. All listings, although perhaps negotiated by a salesperson, are
accepted by the representative broker.
Get
your real estate continuing education online!
Sales, broker, appraisal, home inspection, mortgage and continuing education
courses are in full accordance with regulations of NY Department of State, Division
of licensing services.
New
York Real Estate Schools
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The
Manfred Real Estate Learning Center
Get
your real estate continuing education online!
It's quick , easy and very affordable!
click
here
Contact
MBH today to learn more about the best continuing education on-line
in New York!
Every
continuing education course is written
by and for New Yorkers & certified by the New York Department
of State.
click
here |
|
How
do I become a real estate salesperson or broker?
In order to qualify for
licensure as a real estate salesperson, an applicant must have satisfactorily
completed a 45 hour salesperson qualifying education course in real estate approved
by the Secretary of State, and have passed a qualifying examination administered
by the Department.
Learn how to get your real
estate license.
In order to qualify for licensure as a real
estate broker, an applicant must have at least one year of experience as a licensed
real estate salesperson or at least two years of experience in the general real
estate field (e.g., buying and selling your own property, managing property owned
by your employer), have satisfactorily completed both the qualifying salesperson
course of 45 hours and an additional 45 hour real estate broker course as approved
by the Secretary of State, and have passed a qualifying examination administered
by the Department. Who licenses mortgage brokers?
Anyone who
negotiates or attempts to negotiate any mortgage loan other than a mortgage loan
on residential property, in the state of New York, is required to be licensed
as real estate broker, or as a salesperson associated with a real estate broker.
This license is issued by the NYS Department of State.
To negotiate a mortgage
loan on residential property (one to four family building) registration with the
New York State Banking Department is required.
If I am a real estate
management company, do I need a real estate broker's license?
That depends
on what services you provide. If you collect rent or place tenants in vacant spaces
on behalf of your landlord client, the answer is yes. If, on the other hand, your
services are strictly maintenance, the answer is no. you are not acting as a fiduciary
(not handling another person's money).
Whom do I call if I am not
sure whether I completed my 22.5 hours of continuing education during my license
term?
Contact the school(s) you attended. Schools are required by law
to maintain course completion records for three years. You may request duplicate
certificates from the school(s) in the event you are audited.
In order
to renew my salesperson license, I completed the 45-hour broker qualifying course.
Can I apply the extra 22.5 hours to my next license term?
No. The law
clearly states that continuing education must be completed within each license
term.
I could not complete the continuing education, but I wish
to renew my license anyway. Can I apply for an extension?
Please refer
to §177.6 in the real estate law booklet. Extensions will only be granted
in bona fide hardship cases. You must submit the following, preferably prior to
your license expiration: a written request for the extension, completed renewal
form, fee, and original documentation demonstrating your hardship; i.e., medical
documentation. I think I might be exempt, but I am not sure when I originally
became licensed. Can you tell me when I was first licensed?
No. The Department
of State only maintains seven years of real estate records. You may possibly determine
your original date of licensure if you know when you completed the salesperson
course and how long it took you after completing the course to apply for your
license. What happens if I do not complete my continuing education and
don't renew my license?
If you do not renew your license, you cannot conduct
any real estate activities that require a New York State real estate license in
accordance with Article 12-A of the Real Property Law. There are no grace periods
that allow you to continue working while not licensed. You have two years from
the date your license expires to renew your license. If you fail to renew within
that period, you will be required to pass the state written examination. No continuing
education will be required to repeat the licensing process again. When
you submit your new salesperson application, you must include the following: your
new examination results, application fee, and a copy of your expired license/pocket
card or ORIGINAL proof of completing the salesperson course. If possible, it is
better to submit original proof of your salesperson course. If you do not have
an original certificate, then call the school where you took the course to request
another certificate. If you are applying for your broker's license, you
must submit ORIGINAL proof of your 45-hour salesperson course and 45-hour broker
course, or a copy of your expired broker's license.
New
York Real Estate Schools
The
Manfred Real Estate Learning Center
Get
your real estate continuing education online!
It's quick , easy and very affordable!
click
here
Contact
MBH today to learn more about the best continuing education on-line
in New York!
Every
continuing education course is written
by and for New Yorkers & certified by the New York Department
of State.
click
here |
How do I obtain a waiver
from the 45-hour salesperson or 90-hour broker course requirement?
You
must submit a written request stating the waiver you are applying for along with
ORIGINAL proof of course completion, a detailed outline listing topics and hours,
and a course description. We only review prelicensing courses from other states
that were completed in a classroom setting. (No home-study/correspondence courses.)
The prelicensing salesperson's course must be at least 45 hours of classroom instruction
and the broker's course, 90 hours. In addition, if you have graduated with
a Master's Degree with a concentration in real estate, you may qualify for a 90-hour
waiver of the qualifying courses. Please submit an official transcript with your
waiver request. If you are granted a waiver, you will receive the waiver
letter, the license application, real estate law booklet, and examination schedules.
When you are ready to apply for your license, please submit the ORIGINAL waiver
letter with your application, fee, passed examination results, and any other required
documents. I have been a real estate licensee for many years. Am I exempt
from the continuing education requirements?
Article 12A statutorily requires
all real estate brokers and salespeople to complete 22½ hours of Department
of State approved education within their two-year license period prior to the
date of expiration. The law does provide for an exemption from this requirement
for a real estate broker who has 15 consecutive years of combined licensure as
a salesperson and a broker and who is actively engaged in the real estate business
as a real estate broker at the time of renewal, or an admitted NYS attorney. Where
do I get more detailed information?
You may access pertinent law and regulations,
applications and exam schedules from this website. You may also request this or
other information by calling a Division of Licensing Services customer service
representative at (518) 474-4429 or by writing to: New York State Department
of State
Division of Licensing Services
84 Holland Avenue
Albany, New
York 12208-3490 To
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The premier online guide to New York
real estate and vacation rentals throughout Upstate New York.
Enjoy
your visit!!
 Chasolen
joins Rob Grant & Associates staff
SARANAC
LAKE — Rob Grant & Associates, Real Estate, recently announced that Ruth
Chasolen has joined its staff as a real estate sales agent. Grant said he was
especially pleased that Chasolen came with a broad background in sales. click
here for entire bio
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New
York Real Estate Schools
The
Manfred Real Estate Learning Center
Get
your real estate continuing education online!
It's quick , easy and very affordable!
click
here
Contact
MBH today to learn more about the best continuing education on-line
in New York!
Every
continuing education course is written
by and for New Yorkers & certified by the New York Department
of State.
click
here |
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Birds- Fly South!
If
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to love finding a vacation rental in warm, sunny Florida in the winter. We invite
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Elements
of an Energy Efficient House
Designing and building
an energy-efficient home is an important step in building a new house or addition.
An energy efficient home is one that incorporates common sense design principles
that makes the building efficient in terms of - Reducing the need for expensive
heating & cooling appliances/equipment - Reducing appliance running costs - Reducing
energy related greenhouse gas emissions . Energy efficient homes have the following
elements:a high R-value, tightly sealed thermal envelope; controlled ventilation;
and lower than usual heating and cooling bills.
Most air leakage problems
are found in the areas listed below. Make sure your builder has identified these
potential trouble spots in your home building plan and that steps will be taken
to properly seal:floors
utility
and other vented areas
staircases on outside or garage walls
holes for
wiring & plumbing
walls where they meet floors and rooflines
chimneys/fireplaces
windows
attics and attic doors
knee-walls and dormers
duct systems
bathtubs or showers on outside walls
| |
EnergyEfficientHouses.org
Energy Star qualified products help protect the environment and save you money.
Shop for water heaters, windows and other products for your home.
click
here | |
Fuel
Efficient Cars
The FreedomCAR and
Vehicle Technologies (FCVT) Program is developing more energy efficient and environmentally
friendly highway transportation technologies that will enable America to use less
petroleum. The long-term aim is to develop "leap frog" technologies that will
provide Americans with greater freedom of mobility and energy security, while
lowering costs and reducing impacts on the environment.
Federal income tax
incentives for hybrid vehicle purchases: Up
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| New
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New
and improved hybrid car incentives—full-dollar tax credits—took effect
on Jan. 1, 2006. For most hybrid car buyers, the new credits are more valuable
than the prior federal tax incentives, which were a reduction of taxable income.
The American Council for an Energy Efficient Economy (ACEEE) has provided the
following estimates. | Current
Models | | Make | Model | Estimated
Tax Credit | | Ford | Escape
Hybrid (2wd) | $2,600 | | Ford | Escape
Hybrid (4wd) | $1,950 | | Honda | Accord
Hybrid | $650 | | Honda | Civic
Hybrid (auto) | $2,100 |
| Honda | Civic
Hybrid (manual) | $1.700 |
| Honda | Insight
(auto) | $2,600 | | Lexus | RX400h | $2,200 |
| Mercury | Mariner
Hybrid | $1,950 | | Toyota | Highlander
Hybrid (2wd) | $2,600 | | Toyota | Highlander
Hybrid (4wd) | $2,200 | | Toyota | Prius | $3,150 |
| | | |
| Upcoming Models
(based on estimated specs) | | Chevrolet/GMC | Silverado/Sierra | $250 |
| Chevrolet/GMC | Silverado/Sierra | $250 |
| Lexus | GS450h | $1,300 |
| Nissan | Altima | $1,300 |
| Toyota | Camry | $1,300 |
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