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What is a Real Estate Salesperson?

 

Real Estate Salesperson, under the supervision of a licensed Real Estate Broker, facilitates the purchase and sale of property on behalf of customers, obtains lists of property for sale with employing broker; assists buyers (customers) of real estate to locate and purchase property (listed with employing brokers or another broker). A real estate salesperson is associated with a real estate broker to list and negotiate the sale, lease, or rental of real property for others for compensation, under the direction and guidance of a responsible broker. A salesperson cannot operate independently. It is the responsibility of licensees to understand the Real Estate License Law. Term of licensure is two years

what is the  requirement to become a Real Estate  salesperson?


Submit a completed application and the required fee to the Department of State.
Be 18 years old
Have successfully completed 77 hours of approved qualifying education.
Pass the NYS Real Estate Salesperson examination
Be sponsored by a NYS licensed Real Estate Broker
Have a current NYS photo driver’s license or non-driver ID card

Please visit  https://dos.ny.gov/become-real-estate-salesperson for more information.

 

What is a Real Estate Broker?
A Real Estate Broker is any person, firm, limited liability company or corporation, who, for another and for a fee, commission or other valuable consideration, lists for sale, sells, at auction or otherwise, exchanges, buys or rents, or offers or attempts to negotiate a sale, at auction or otherwise, exchange, purchase or rental of an estate or interest in real estate, or collects or offers or attempts to collect rent for the use of real estate, or negotiates or offers or attempts to negotiate, a loan secured or to be secured by a mortgage, other than a residential mortgage loan, as defined in §590 of the Banking Law, or other encumbrance upon or transfer of real estate, or is engaged in the business of a tenant relocator, or who, notwithstanding any other provision of law, performs any of the above stated functions with respect to the resale of condominium property originally sold pursuant to the provisions of the General Business Law governing real estate syndication offerings. It is the responsibility of licensees to understand the Real Estate License Law.  Term of licensure is two years

what is the  requirement to become a broker 


  Be 20 years old
  Have a current NYS photo driver’s license or non-driver ID card
  Have at least two years of experience as a licensed real estate salesperson or at least three years of experience in the general real estate field or a combination of both
  Meet the minimum points required for the experience type (e.g., buying and selling your own property, managing property owned by your employer)
  Have satisfactorily completed 152 hours of approved qualifying education. Please see our FAQs listed below for more information.
  Pass a qualifying examination administered by the Department of State.
  Submit a completed application and the required fee to the Department of State.
       Prior to filing this application, all proposed business names must be submitted, in writing, to the Division of Licensing Services for approval. Upon approval of the name you wish to use, you must then file the appropriate document with either the respective County Clerk’s office or the NYS Department of State, Division of Corporations.

Please visit  Please visit  https://dos.ny.gov/real-estate-agent  for more information.
 



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