Real Estate Salesperson in New York
Any person acting as a Real Estate Salesperson as described below is required by New York Real Property Law to have a Real Estate Salesperson license.
Under the supervision of a licensed real estate broker (with the exception of associate brokers), a real estate salesperson 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.
To apply for licensure you must:
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Have successfully completed a New York Department of State approved 75-hour qualifying course. If you have completed the 45-hour salesperson qualifying course prior to July 1, 2008, you may complete the 30-hour remedial course in order to qualify for licensure;
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Be sponsored by a NYS licensed real estate broker;
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Pass the NYS real estate salesperson examination.
An applicant who holds a Real Estate Salesperson license in another jurisdiction having a reciprocal agreement with New York State may be qualified to obtain a Real Estate Salesperson license in New York if they meet certain criteria.
A renewal license will not be issued unless you complete 22.5 hours of Department of State approved continuing education within the two-year period immediately preceding such renewal. The 22.5 hours must include at least three hours of instruction pertaining to fair housing and/or discrimination in the sale or rental of real property or an interest in real property and at least one hour of instruction pertaining to the law of agency except in the case of the initial two-year licensing term for real estate salespersons, two hours of agency related instruction must be completed.
KNOWLEDGE
