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What is the difference between being a real estate salesperson and a broker in New York?
I'm looking up info on taking a course to get licensed and getting pretty confused. One of my friends said she just took a course that was 90 hours, took/passed test, and is now a broker. But she didn't work as a sales person first, which apparently is a requirement for a year.
I also am a single mom with a toddler so I would need to do online courses. Does anyone have a recommendation for an online course?
3 Answers
- 1 decade agoFavorite Answer
A 'salesperson' is an agent. They can just sell property and need to work under a broker. A broker is a person who is allowed to conduct the transaction and accept liability. The licensing is much longer for a broker than an agent. The timing a requirements vary state to state.
Source(s): Mortgage industry for 7 years. - 1 decade ago
You'll need to contact the New York Real Estate Commission to find out requirements for Broker licensing. I'll post a link to a requirements page as a source below.
Also, check out RealEstateExpress.com as they offer an online New York license course that is approved by the State. I'll put a link below as a source for this as well.
Source(s): http://www.realestateexpress.com/prelicense/NY/Sta... New York Real Estate License Requirements http://www.realestateexpress.com/prelicense/NY/pre... New York Real Estate License Courses - ?Lv 45 years ago
The truly property trade entails an apprenticeship. When one is first certified they emerge as a income agent (income man or woman) and are required to paintings underneath the path of a dealer for two years (in any state). After that two years every agent is permitted to obtain the additional schooling and take a different examination to get their agents license. A agents license makes it possible for the agent to open their possess organization and rent different retailers (despite the fact that many readily paintings on my own). A agents license does no longer warranty the character to be a bigger truly property respectable than an agent. More mostly than no longer, retailers who're eligible to get their agents license do not do it and spend multi decade careers with agent (shop clerk) licenses.