Why would a person want to obtain a real estate license in New York? Well, for one, research from the Bureau of Labor Statistics shows that there are currently 444,100 of these positions in the United States. Also, between 2016 and 2026 the industry is expected to grow by 6%. Thus, another 24,900 openings will become available during that period. So, one exceptional reason behind getting a real estate license in New York is job security. The chances are good that a person will be able to find work after they get the credential.
Also, another common motivating factor for seizing the opportunity is the pay. Folks shouldn’t go into the endeavor believing that they are going to get rich, but they can earn a decent living in this field. Of course, some agents and brokers, mainly those in the top 10%, clear $100K or more a year. So, it is possible for the career to exceed a person’s expectations. However, the same study from the BLS revealed that the median annual salary for salespersons was $45,990 in May of 2017. Hence, amounts closer to this are more plausible after getting a real estate license in New York. Still, due to the commission-based pay, the sky is the limit really.
Best Online Real Estate Schools For 2022
Factors That Determine The Length Of Time
Different elements come into play when it comes to obtaining a real estate license. For instance, the candidate must complete a specific number of classroom hours, which are determined by the state that they reside in. Also, the length of the town’s application process factors into the equation as well. One other item that tends to extend or shorten the process is how the person meets the educational requirement. Traditional classroom programs typically take a bit longer to finish than online applications.
Requirements For A Real Estate License In New York
Firstly, the applicant must be at least 18-years of age in the Big Apple. He or she cannot have any felony charges and must be able to show proof of US residency too. Next, the person must successfully complete a 75-hour salesperson qualifying education course. In other words, don’t just sign up with any school. Rather, you must enroll in one that is approved by the Secretary of State.
There is more to getting a real estate license in New York than schooling though. Once the course is done and over with, the student must pass an exam administered by the state as well. Finally, after all of this good stuff is behind the individual, he or she can submit the proper paperwork and pay the fees to acquire the real estate license in New York. In addition, the sales agent must also have a sponsoring licensed broker to work under. So, as you can see, it will take a little time to accomplish everything on this list.
How Is An Online Program Quicker?
When pupils utilize the world wide web for the course, they are able to work at their own pace. Rather than sitting in a classroom that is getting bogged down by discussions with people not understanding the curriculum, the student takes care of what needs doing and gets it done at his or her convenience. In some cases, like with Aceable Agent, many learners can finish their course credit within 7-days.
Decide which way is the best fit for you, but the online route is definitely worth thinking about to get your real estate license in New York.
New York Online Real Estate School Comparisons
As mentioned above, this course is a big draw as it can be completed fast. The curriculum contains the full 75-hours of content required by the state, and it is 100% approved. All of the lessons can be accessed from a device of the pupil’s choosing, which is another reason why folks like this school. They can use a laptop or desktop, and the exceptional app even lets them do the tasks via an Android or Apple device.
The materials are created and designed by real estate experts. Thus, they are relevant and pertain to situations that may actually occur in a real estate agent’s life. Instructor support is available 7-days a week too. This aspect ensures that any questions that pop up about the curriculum are resolved promptly. Finally, the last thing to be discussed here is the Ace the Test Guarantee. If the pupil tries the test three times and is unsuccessful, the company will give them their money back.
2. Colibri Real Estate
Colibri Real Estate, a McKissock Company, claims to be the leading institution for aspiring New York real estate agents. It is accredited by the IDECC and ARELLO, so pupils can rest assured that everything is legit and will go smoothly. There are various programs available at affordable prices, or the student can purchase classes individually. Some of the courses come with more features than others, so keep that in mind when making your decision. However, certain things are included with all of them such as…
• State Approved Instructor Support
• The 75-Hour Pre-License Course
• 3 Real Estate E-Books
• An Education Concierge
• A Student Forum
The coursework and the dashboard are easy to use. There are lots of built-in tools as well that make the studying process a breeze. All of these things help prepare you for the exam and give you peace of mind in knowing that you will obtain your real estate license in New York with no problem.
Check Out Colibri Real Estate Here
3. The CE Shop
The CE Shop is an online real estate school founded by Michael McAllister, an industry veteran.
The CE Shop is one of the highest-rated real estate schools for many reasons.
First, it’s one of the most accessible online schools in the country in terms of states served and the price. Their standard pre-licensing package for New York costs around $299. But the best part is, The CE Shop usually offers discounts. So just keep checking the website and you can score a good deal!
Second, they have one of the most user-friendly learning platforms. The CE Shop uses LEAP 2.0, and it houses everything their students need. It holds their curriculum, all the learning materials whether text or video, access to customer support and a live instructor, and your personal dashboard. Everything is just a click away!
And last but not least is their extensive exam prep coverage. Even if you get the standard package, you already get digital flashcards and an industry glossary. These will definitely come in handy as your review for your actual exam. And if you get the higher packages, you’ll get the Exam Prep Edge for New York.
The Exam Prep Edge for New York includes summaries of the state’s real estate rules and regulations, practice questions, multiple sample exams, a refresher on real estate math, and real estate terms reviewers.
If you think this is the school for you, then you can check it out here.