by John Manfred
Many people come in and out of the real estate industry for many different reasons. If you're a former real estate agent looking to get your license back after it's lapsed, it can be frustrating trying to understand all of the changes that have occurred in New York State real estate law since you last had a license. It's also difficult to get accurate information, as multiple sources give different answers.
That's why we've created the definitive guide to getting your license back, including a quick, precise rundown of what you need to know. This is a summary of information directly from the source, the Department of State, Division of Licensing Services.
Regardless of which course you took, you'll just need to retake the State exam.
On July 1st, 2008, New York State Real Estate License Law changed. The Salesperson Licensing course increased from 45 hours to 75 hours, which means 30 hours of additional topics have been added to the original 45 hours. The new State exam is based on this curriculum.
The 75-hour salesperson course and 30-hour remedial course are valid for 8 years past the course completion date. After that time, they will expire if not used to obtain a license. Once applied toward receiving a real estate license, these courses will not expire.
Many of our students attend Real Estate Licensing courses several times, regardless of their licensing status. The number of changes in the business since 2008 is mind-blowing; can you comfortably say you remember what was covered in your 45-75 hour course 2-8 years ago? Do you feel prepared to take and pass the State exam?