What do I need to bring to my NY real estate exam?

Do I need a sponsoring broker to take the NYS real estate exam?

Yes, you do not need a sponsoring broker in order to take the state exam. You only need a sponsoring broker when it comes time to submit your license application.

How much does it cost to take the NY real estate exam?

The examination fees are $15.00 for both broker license applicants and salesperson license applicants. Licensed real estate agents need to complete 22.5 hours of approved continuing education courses during their two-year license period.

How hard is the NY real estate exam?

You need to score 70% or higher. Since there are 75 questions, it means that you need to answer 53 questions correctly to pass. Real estate exam results are reported as either passed or failed—you will not receive a numerical score.

Can you use a calculator on the NY real estate exam?

We recommend that you bring a calculator to the state exam; however, the calculator must be battery or solar-powered, silent, non-printing, and not contain a keyboard. Please note, you cannot use your smartphone as a calculator.

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How many times can you take the real estate exam in NY?

You can take the NY state licensing exam as many times as needed until you pass. You simply have to schedule a new attempt through your eAccessNY account and pay the $15 examination fee.

Is the NYS real estate exam multiple choice?

What to Expect On Your NY Real Estate Exam. The exam consists of 75 multiple-choice questions based on the 75-hour pre-licensing curriculum. You have 1 1/2 hours to complete the test and need to answer 70% of the questions correctly to pass.

What’s the difference between real estate agent and broker?

Real estate agents have a professional license to help people buy, sell, and rent real estate. … Brokers are real estate agents who have completed additional training and licensing requirements. They can work independently and hire other real estate agents to work for them.

What is the hardest state to get a real estate license?

Hardest States to get a Real Estate License

Of all states, Colorado and Texas come on top as the hardest in terms of granting a real estate license. Each of the states requires some education and a test, which you must pass before being issued with a real estate license.

How long does it take to become a real estate agent in NY?

It takes 75 hours of real estate coursework to become an agent, while a broker license requires 120 hours and two years of practical experience. Coursework for both licenses is valid for two years after completion, and additional continuing education is mandated prior to renewal.

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Which calculator is best for real estate exam?

Best Financial Calculator for Real Estate Analysts

  • HP 19BII Financial Calculator.
  • HP 12C Platinum Financial Calculator.
  • Sharp EL-738C 10-Digit Financial Calculator.
  • Casio FC-200V Financial Calculator with 4-Line Display.
  • Calculated Industries 3405 Real Estate Master IIIX Real Estate Finance Calculator.

How do I find a broker to sponsor me?

You can find independent broker sponsor by just googling “broker sponsorship”, and you should see several sponsoring brokers for a fee that will let you keep 100% of the commission. Sign-up is easy and done in minutes.