You must be at least 20 years old to obtain a broker license in New York.
You also need to demonstrate either two year of experience as a salesperson or two or more years of equivalent experience in various forms of real estate activity. The experience does not have to be obtained in New York State.
Completion of the 75-hour salesperson qualifying course is needed to enroll in the 45-hour broker course. Therefore,broker applicants require a total of 120 hours of qualifying course education.
Registration at the Brooklyn School is easy:
1. Fill out the registration form and send it to us online.
2. Call us and we will take your information over the phone.
3. Visit our offices and enroll in person Monday through Friday, from 10am-6pm.
Call: (718) 621-7000
Broker's Course
Broker?s office-operation, management and supervision
Real estate agency disclosure (review)
General Business Law
Real estate finance
Real Estate Investment
Real property management
Conveyance of real property & title closing & cost (review)
Construction and development
Taxes and assessments
*Local Concerns* - Rent regulations (rent control, rent stabilization)
PLEASE NOTE THAT THE STATE REQUIREMENT IS CHANGING TO 75 HOURS STARTING JULY 1. YOU NEED TO HAVE YOUR APPLICATION IN WITH THE STATE BY JUNE 30TH. IF YOU DO NOT FINISH IN TIME YOU WILL BE REQUIRED TO have a REMEDIAL course
Real Estate Brokers are required to have a total of 120 hours of instruction. (45-hrs of Brokers class and 75-hrs of Salesperson)
There is NO GRANDFATHER CLAUSE. If you completed the 45-hr salespersons course, you will need to take the additional 30-hrs RE Remedial course and the 45-Hr Broker's course to become a Real Estate Broker
30 Hours Remedial Salesperson Qualifying Course
1. Contract Preparation 1 hour
2. Predatory Lending 1 hour
3. Pricing Properties 1 hour
4. Municipal Agencies 2 hours
5. Property Insurance 2 hours
6. Taxes and Assessments 3 hours
7. Condominiums and Cooperatives 4 hours
8. Commercial and Investment Properties 10 hours
9. Income Tax Issues in Real Estate Transactions 3 hours
10. Mortgage Brokerage 1 hour 11. Property Management 2 hours
|