Recent studies show that New York is becoming a more desirable place to live, attracting young professionals and families. These trends point to a brighter future for investors in the real estate industry. Getting a NY real estate license can be a rewarding journey and will open you up to a plethora of opportunities.
The first step towards obtaining a realty license in NY is taking and finishing the New York real estate license course. In today’s digital age, you can study online and customize your lessons depending on your daily schedule.
Herein, we walk you through the steps of getting your real estate license in New York online via RealEstateU.
Check the Eligibility Requirements
Before looking for online realty schools in New York, ensure that you meet the eligibility requirements. All applicants are required to be at least 18 years old, have a high school diploma or equivalent, and be legal U.S. citizens.
Also, remember that the state will run background checks on you when you apply for the license. So, don’t lie during your application as it will get you in trouble with the law. Also, visit the commission’s website for any new updates on eligibility requirements.
Pre-Licensing Coursework and Exam
Aspiring realtors must finish a 75-hour real estate course in NY. There are many accredited online real estate schools in New York. Read reviews from past students to get more insight and learn about the coursework and learning materials. Look for schools offering essential topics such as real estate law, property management, and finance.
Once you have finished the exam, the next phase is taking the New York Real Estate Exam. The exam will test you on a wide range of topics covered in the pre-licensing coursework. You can take practice tests to gauge your preparedness before taking the main exam.
Submit Your License Application
After passing the exam, you can submit your NY real estate license application via the eAccessNY system. Create an account, submit all the necessary documents, and pay the license application fee.
While you’re at it, you must undergo a fingerprinting process for a criminal background check. This is a crucial step and is meant to check the integrity and trustworthiness of real estate professionals. The best thing is all of this can be done online.
Find a Sponsoring Broker
You must find a licensed New York real estate broker to activate your real estate license in NY. The broker will guide and mentor you as you take your first steps in the real estate business. Ensure that you choose a reputable broker with a solid track record and years of experience in the business.
After your license has been activated, it’s time to go solo and set up your real estate business. Also, attend seminars and webinars to update your knowledge base on emerging trends in the NY realty industry. Continuing education is crucial for professional development.
Wrapping Up
Getting your real estate license in New York online will open you up to a dynamic and rewarding career. The steps shared in this guide will help you take on this journey with confidence. The good thing about online courses is that you do it while on another job.
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