Education Requirements Increase on July 1, 2008:

Some of the changes that will take effect on July 1, 2008, for a salesperson and broker's liscense are listed below.  For more information, go to the New York State Commercial Association of REALTORS® website. 

Online Education:

1. National Association of Realtors
2. CE Network Continuing Education
3. Kaplan Real Estate Schools
4. Institute for Continuing Education, Inc.
5. Continuing Ed Online
6. Real Estate CE

Benefits include:
*  No time limits
*  Courses are available 24/7 (where Internet access is available)
*  Go at your own pace
*  No travel time or time away from clients

Commission Site:

http://www.dos.state.ny.us/lcns/salespers.htm

• Broker’s License: The minimum age for a broker has been raised to 20 years old (formerly 19 years).  Applicants for a broker’s license will have to furnish proof that they have successfully completed 120 hours (formerly 90 hours) of real estate courses approved by the NYS Department of State and that they have been licensed as a salesperson under the supervision of a real estate broker for at least 2 years (formerly 1 year) or have had at least 3 years (formerly 2 years) equivalent experience in general real estate.
  
• Salesperson License: Applicants for a salesperson license will have to furnish proof that they have successfully completed 75 hours (formerly 45 hours) of real estate courses approved by the NYS Department of State.
  
• Office Manager: The bill creates a definition of Office Manager as follows:  Office manager means a licensed associate real estate broker who shall by choice elect to work as an office manager under the name and supervision of another individual broker or another broker who is licensed under a partnership, trade name, limited liability company or corporation. Such individual shall retain his or her license as a real estate broker as provided for in this article; provided, however, that the practice of real estate sales and brokerage by such individual as an associate broker shall be governed exclusively by the provisions of this article as they pertain to real estate salesmen. Nothing contained in this subdivision shall preclude an individual who is licensed as an associate broker who elects to work as an office manager from also retaining a separate real estate broker’s license under an individual, partnership, trade name, limited liability company or corporation.
  
• Continuing Education Exemption: The bill eliminates the exemption from continuing education requirements for brokers licensed after the effective date July 1, 2008, who do not have fifteen years of consecutive licensure by that time.
  
• Pocket Cards: Pocket cards will have to contain a photograph of the licensee.