Are you considering a career in real estate in New York? If so, you must pass the state's real estate exam with a score of at least 70%. This article will provide you with all the information you need to understand the New York real estate seller exam and how to prepare for it. The New York real estate exam consists of 75 multiple-choice questions and is based on a 75-hour pre-license curriculum. To pass, you must correctly answer at least 70% of the questions, which means that you must answer 53 questions correctly.
The results of the real estate exams are declared passed or failed, so you will not receive a numerical score. For most people, taking real estate courses online is the fastest way to take advantage of the required 75 hours of education. Most online courses are self-paced and include study materials, such as real estate practice exams and flashcards. Memorize mathematical formulas to solve common real estate calculations, such as profits and losses, mortgage interest, down payments, fees and closing apportionments.
If you dedicate a full-time schedule to this process and study hard, you may be able to complete this process in 2 months. After finishing your pre-real estate license course in New York, you can schedule your state exam through eAccessNY. This publication provides all the information needed to better understand the New York real estate seller exam. Once you complete the 75-hour course for New York real estate sellers, you must pass a final course exam with a score of at least 70%.
Until a broker sponsors you and you complete your seller application, you will not be able to sell or rent real estate in New York. New York is one of the few states that requires that the final exam prior to licensing be supervised by a supervisor. After the broker authorizes your application, the Department of State will review your application to ensure that it is complete and meets the requirements for a real estate seller's license. Obtaining your New York real estate license is the first step to becoming a real estate agent in New York.
Welcome to the world of high-profile offers and the country's highest annual realtor salary. Commit to the above steps and you should pass the test without a problem and become a licensed real estate agent.If you want to embark on a career in selling specific commercial real estate, choose a broker that handles the types of businesses you want to be a part of.