If you’re looking to become a licensed real estate salesperson in New York, you’ll need to complete a 75 hour pre-licensing course. This course is a requirement for anyone who wants to become a real estate agent in the state of New York. In this guide, we’ll go over everything you need to know about the 75 hour real estate course in NY.
What is the 75 Hour Real Estate Course?
The 75 hour real estate course is a pre-licensing course required by the state of New York for individuals who want to become licensed real estate salespeople. The course covers all aspects of the real estate business including contracts, property ownership, leasing and renting, appraisal and valuation methods, as well as ethical and professional standards.
The course is offered by approved education providers throughout New York State. It’s important to choose an approved provider because only courses taken from these providers are recognized by the state.
Who Needs To Take The 75 Hour Real Estate Course?
If you want to become a licensed real estate salesperson in New York State or renew your license, you will need to take the 75 hour pre-licensing course. Even if you have experience as an agent or broker outside of NY or hold a license from another state, you will still need to complete this requirement before becoming eligible for reciprocity in NY.
Where Can You Take The Course?
There are many approved education providers that offer the 75 hour real estate pre-licensing course throughout NY. Some popular options include:
These providers offer online courses as well as in-person courses. Make sure to choose a provider that is approved by the state in order for your completed course to be recognized.
How Long Does The Course Take To Complete?
As the name suggests, the course consists of 75 hours of instruction. Most providers offer options for both self-paced and accelerated courses, but most students take around two weeks to complete the course as it’s important to absorb all the information carefully.
What Is Covered In The 75 Hour Real Estate Course?
The 75-hour pre-licensing course covers all aspects of real estate in New York State. Some of the topics include:
- Contracts – including types of contracts, contract law, and contract essentials
- Property Ownership – including types of ownerships such as co-ops and condos
- Leasing & Renting – including landlord-tenant laws, renting requirements, and security deposits.
- Appraisal & Valuation Methods – including how to value properties accurately.
- Ethical and Professional Standards – covering professional conduct and ethics in all personal dealings
The curriculum also includes quizzes and exams throughout each module so that you can measure your progress along the way.
How Much Does It Cost to Take The 75 Hour Real Estate Course?
The cost of taking a 75 hour real estate course varies depending on which provider you choose. Online courses are generally cheaper than in-person courses as they do not require any physical facilities or instructors to teach live classes.
Pricing can range from $100-$500 dollars depending on where you take the course.
What Happens After You Complete The Course?
After completing the 75 hour pre-licensing course, you will need to pass a final exam before receiving your certificate of completion issued by your education provider. This certificate will then allow you to sit for the NY State licensing exam.
After passing the state licensing exam and meeting all other requirements, you will be eligible to apply for your real estate salesperson license with the NYS Department of State.
The 75 hour pre-licensing course is an essential step towards becoming a licensed real estate salesperson in New York. It’s important to choose an approved provider, take the time to absorb all the information, and take advantage of quizzes and exams throughout the course.
Make sure you meet all other requirements, including passing the state licensing exam before submitting your application for licensing. With diligence and preparation, you can complete this requirement with confidence in as little as two weeks.
What is the 75 hour real estate course in New York?
The 75 hour real estate course in New York is a mandatory requirement for those interested in getting their real estate license.
Who needs to take the 75 hour real estate course in NY?
Anyone interested in obtaining a real estate license in New York needs to complete the 75 hour course.
Can I take the 75 hour real estate course online or do I have to attend classes in person?
You have the option of taking the 75 hour real estate course either online or in person, depending on what works best for you.
How long does it typically take to complete the 75 hour real estate course?
Most students complete the 75 hour real estate course within two weeks, but you have up to six months to finish.
Is there an exam at the end of the 75 hour real estate course?
Yes, there is a final exam that covers all of the material covered throughout the course. You must pass this exam with a score of at least 70% to obtain your license.
What topics are covered in the 75 hour real estate course?
The course covers all aspects of buying, selling, leasing and managing properties including property ownership laws and regulations, contracts, mortgages and financing options.
What is included in the cost of taking the 75 hour real estate course?
The cost varies by provider but usually includes access to study materials such as textbooks and practice exams as well as instructor support and review sessions.
Are there any prerequisites for taking the 75-hour NY real estate course?
No, there are no prerequisites for taking this class aside from having a high school diploma or equivalent GED.
Can I retake the 75 hour real estate course if I don’t pass the final exam?
Yes, you can retake the course as many times as you need to until you pass the final exam. However, you will have to pay the full tuition fee each time you take it.
Does completion of the 75 hour real estate course guarantee obtaining a license?
No, completion of the course is just one requirement for obtaining a NY real estate license. You will also need to pass a state licensing exam and meet other eligibility requirements.