The real estate industry in New York is booming thanks to the high demand for office and living spaces. Earning a New York real estate license will set you on a rewarding and lucrative career. The process of earning your realtor’s license can look stressful, especially if you have your hands full with work and family.
However, in today’s digital age, this shouldn’t be much of a worry. Many accredited schools are offering online real estate courses in NYC. In this guide, we cover all the steps you must follow to get your New York real estate license online.
Check the Eligibility Requirements
Now, this is a very crucial step before you start hunting for an online real estate school. In New York, aspiring realtors must be at least 18 years old and have a high school diploma or equivalent. You must also be a legal U.S. citizen without any prior convictions.
Visit the New York Department of State website for more information on eligibility requirements and updates on the same. While you’re at it, you will also find a list of accredited schools allowed to offer real estate courses.
Register and Start the Pre-Licensing Courses
Applicants are required to complete the 77-hour New York Real Estate Salesperson’s licensing course as part of their pre-licensing education. With online schools, you can tailor your study routine depending on your daily schedule. The flexibility allows you to study from anywhere via your laptop or smartphone.
Online real estate courses in NYC cover topics such as real estate law, property management, ethics, and finance. We recommend using additional resources like YouTube videos, quizzes, and additional reading to help you understand the topics well. Remember, you will be tested on the same information during the pre-licensing exam.
Take the New York Real Estate Licensing Exam
Upon completing the pre-licensing courses, the next step is to sit for the New York real estate licensing exam. The exam is offered via the eAccessNY portal. Candidates are required to create an account on the website to schedule their exam dates.
You can use practice tests to prepare yourself for the main exam. After passing the exam, you must submit your New York real estate license application online. Ensure that you have all of the necessary documents including proof of completion of pre-licensing education and exam results.
Find a Sponsoring Broker
New real estate salespersons must find a sponsoring broker for their license to be activated. The broker will mentor you and help you as you make your way into the real estate business. It is crucial to research and connect with reputable brokers in New York City or the surrounding areas.
Also, be on the lookout for continuing education courses. The courses will boost your professional standing and put you in a good spot during the license renewal process.
Wrapping Up
Technology has made it easy for you to get your New York real estate license online. By following these steps, you’ll be well on your way to becoming a licensed real estate professional. Also, check the New York Department of State website for more information and updates.