Overview of our Real Estate Broker Course in NY
11
Lessons
11
Videos
2+ Years Licensed RE Agent
Skill Level
45h
Durations
English/Spanish
Language
Overview
We provide a real estate broker course that can launch your career as a real estate broker in NY.
There are so many benefits to becoming a real estate broker in NY, and this is a reason why so many people are seeking their real estate broker license in NY. You can:
run your own business
have complete flexibility
have unlimited growth potential
be a part of a fast-moving industry
Many real estate agents look to make the step to a real estate broker as it allows them to run their own business. They may perform many of the same duties as a real estate agent, but they’re also allowed to value properties, manage and supervise other agents, negotiate commercial loans, become a real estate instructor, and gain direct access to the Multiple Listing Service (MLS).
With these added benefits comes added responsibilities, and for this reason, would-be brokers have to pass their real estate broker course in NY.
To help you with this step, and provide you with the high-level knowledge you need to start your own real estate business, Summit RET has put together comprehensive courses designed to help you succeed as a broker.
Once you’ve completed our real estate broker course in NY and qualified as a NY real estate broker, then you will be able to set up your own business, enjoying the flexibility and unlimited growth potential of this exciting industry.
It all starts with choosing the right course, so check out our pricing options and find the right package for you!
Pricing
Check out the pricing for our popular real estate course packages below:
Summit Package
$692$499
- 45-HR RE Broker Course
- Book + Materials ($49)
- Practice Exam ($49)
- Unlimited CE for first two years ($295)
- 30-HR Remedial Course ($299)
Completing our New York Real Estate Broker License Course Will Help You:
When you start a real estate broker course in NY with Summit RET, you’re investing in your future. Not only will this equip you with the skills you need for success, but it will also prepare you to earn your real estate broker license in NY by:
- preparing you for the New York real estate broker license exam
- helping you understand the basic rules and regulations a real estate broker needs to know
- sharpening your negotiation, communication, and decision-making skill necessary to help you succeed as a real estate broker.
Who is the course for?
Due to the increased level of responsibility and a higher degree of liability, a licensed Broker requires more education and qualifying real estate experience. To protect your clients and the people you work with, the New York real estate broker license requires you to meet several different criteria.
To become a real estate broker in NY, you must:
- be at least 20 years of age
- have a minimum of two years of experience as a licensed real estate salesperson or at least three years of NYS Department of State (DOS) acceptable experience in the general real estate field
- have accrued 3500 points in sales/rentals within the 2-year period of your salesperson license
- have satisfactorily completed 120-hours of NYS DOS approved qualifying education, which includes passing the school's pre-qualifying 75-hour Real Estate Salesperson course
Curriculum
*The 75-HR salesperson course is split into 20 sessions with an average session duration of about 3.75 hours*
This chapter explains the categories of licensure and the duties of each. The chapter reviews the licensure process and important laws and regulations.
Session Length: 3 hours
This chapter covers the creation of agency, types of agencies, obligations of a licensee as agent, and disclosure requirements.
Session length: 6 hours
Estates and Interests
Liens and Easements
Session Length: 5.5 hours
Deeds
Title Closing and Costs
Session Length: 4.5 hours
This chapter describes leasehold (rental) estates, the parties to a lease agreement, elements of a valid lease, and the rights of the parties to the lease agreements.
Leases, Contracts, Contract Preparation.
Session Length: 4 hours
To help buyers choose the best financing method, a real estate agent must understand financing options. Knowledge of mortgages, down payments, and structuring the best deal is essential.
Session Length: 5 hours
This chapter discusses the mortgage broker registration, mortgage loan originator license, mortgage loan servicer registration, and mortgage banker license.
Session Length: 1 hour
Real estate licensees need an understanding of basic math. Some people have difficulty with math. The practice exercises in this chapter along with future experiences will help you gain confidence in your math skills.
Session Length: 1 hour
This chapter covers public and private control of land including deed restrictions, federal and estate laws, and zoning ordinances.
Session Length: 3 hours
This chapter covers basic information about public agencies within municipal and county governments. Real estate licensees should know how to direct buyers or sellers to certain agencies for permits, reviews, or other services.
Session Length: 2 hours
A salesperson’s knowledge of construction and building systems can make or break a sale. Knowledge of certain potential enables a salesperson to assist buyers make informed choices.
Session Length: 5 hours
ARE YOU READY TO GET STARTED?
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FAQ
Yes, you are required to complete at least 22.5 hours of certified real estate continuing education courses within your two year license term.
Each continuing education class is between 3.75 hours to 7.5 hours approximately.
You must complete all 22.5 hours of continuing education before your license expires.
You can only be exempt in one of two ways. First, if you are a licensed real estate broker who is engaged full time in the real estate business and who has been licensed prior to July 1, 2008 for at least 15 consecutive years immediately preceding renewal. Second, if you are an attorney admitted to the New York State Bar who holds a real estate broker’s license as well.
After July 1, 2008, the 22.5 required hours must include at least 3 towards Fair Housing and Law of Agency.
Yes we offer online as well as in person classes. Sign up today and get started immediately.