The New York Real Estate has offered New York’s leading Broker Licensing course since 1987. No other school offers as many classes, learning formats or scheduling options as NYREI so you can personally customize how to earn your broker license.
You MUST be a licensed Salesperson. Licensed Salespersons with 2+ years experience and enough transaction and experience points can apply for a New York State Brokers License to open or manage their own agency or brokerage firm. Salespersons that earned their license prior to July 2008 must take the 30 hour remedial course in addition to their 45 hour Broker Course.
This course is for Salespersons that received their license after July 2008.
This course is for Brokers that received their 45 Hour Broker Licensing Course prior to December 21, 2022.
This course is for Salespersons that received their license prior to July 2008.
The Broker Licensing Course is 75 hours of required seat time and offered in 20 separate numbered sessions. Students can start any day, any time, with any session number and the sessions can be taken in any order that is convenient to you, as long as you don’t repeat any numbered sessions. Once you complete all 20 sessions, you are eligible to take the school and state exams. Passing the final exam requires a minimum score of 70% and can only be taken twice. Final exams must be physically taken within the state of New York, according to the Department of State’s regulations. We offer the proctored exam in New York City as part of the purchased package and can also help find you an approved location outside of the city. Once both exams are passed, you can apply for your Brokers license ($155 for two years).
Applicants are required to make an online reservation in order to take the state exam. Even if you plan on taking the exam a few months from now, we recommend that you make your reservation immediately for your real estate broker license in NY. To register for the New York State Exam, please visit the Department of State website.
EligibilityTo be eligible for a career as a licensed broker, an individual must:
Classroom and Livestream Courses:
Our Classroom and Livestream Courses must be completed within 4 months of registration date. After 4 months, courses will automatically expire and will not be accessible. Students may purchase an extension if they wish to continue in the course after 4 months.
Self-Paced Online
Online students have 4 months to complete their broker licensing course. After 4 months, the course will expire and students must purchase an extension to continue. According to New York Department of State regulations, students must complete their online coursework and the school’s final exam within 12 months from the date of purchase. If the student does not complete the coursework and exam within 12 months, the student will have to repurchase and retake the entire course again.
Extension Fees
Students are encouraged to purchase an extension if they require more than 4 months to complete their coursework. The fees charged for extensions are:
| Course | 2 Month Extension | 1 Month Extension |
| 75 Hr Salesperson Licensing | $150 | $100 |
| 45 Hr Broker Licensing | $150 | $100 |
| 30 Hr Remedial | $150 | $100 |
To request an extension, please call the office (212) 967-7508 or send an email info@nyrei.com
Refunds less a $25 administration fee will only be given if a written request is received within 3 days of registration. If requested after the 3 day period, students will receive school credit that never expires; the credit is transferable to someone else. No refund will be given once you have attended a class. No refund will be given for any books and/or course materials received. Upon written request, a check will be mailed to you within 14 business days. No refunds will be made directly to credit card accounts.
To request a refund, please send written notice by email info@nyrei.com.
COURSE COMPLETION AND CREDIT
Once you pass the in-person proctored final exam, you will be issued your course completion certificate. The school will notify the state that you successfully passed the course.
SWITCHING BETWEEN ONLINE AND IN-PERSON COURSES
Students that have purchased the Platinum Package may switch between online and in-person courses at no charge and receive credit for both
Students that have purchased the Basic package must pay $150 for the option to switch between classroom/livestream and self-paced online and receive credit for both.
Groupon students or students that have received other forms of discount that begin online will be charged $250 to switch to classroom/livestream classes. However, any hours completed online will not transfer and must be retaken.
All students pursuing their license must sit for a proctored school exam after completing their required hours. The proctored exam must be given in person according to Department of State Regulations. NYREI students have 3 attempts to pass the exam within 6 months of your registration date; for additional attempts, the student will have to pay $25 for each attempt.
Proctored exams are administered at our Manhattan location on Mondays at 1pm for Salesperson Licensing and Mondays at 3pm for the Broker Licensing. However, you can schedule a private proctored exam at any time convenient to you for an additional $50 proctor fee.
Please note: Students must bring #2 pencils, a calculator, and a valid photo ID. Self-paced online students must bring a printed copy of their Student Affidavit.
If you would like information on taking the proctored exam in an approved location outside of Manhattan, please email info@nyrei.com.
132 W 36th Street, 2nd Floor
New York, NY 10018
Phone: (212) 967-7508
Email: info@nyrei.com
