Real Estate Broker

Description:

A "real estate broker" means any person, firm, limited liability company or corporation, who, for another and for a fee, commission or other valuable consideration, lists for sale, sells, at auction or otherwise, exchanges, buys or rents, or offers or attempts to negotiate a sale, at auction or otherwise, exchange, purchase or rental of an estate or interest in real estate, or collects or offers or attempts to collect rent for the use of real estate, or negotiates or offers or attempts to negotiate, a loan secured or to be secured by a mortgage, other than a residential mortgage loan, as defined in §590 of the Banking Law, or other incumbrance upon or transfer of real estate, or is engaged in the business of a tenant relocator, or who, notwithstanding any other provision of law, performs any of the above stated functions with respect to the resale of condominium property originally sold pursuant to the provisions of the General Business Law governing real estate syndication offerings.

Licensing Requirements:

The latest information and requirements for licensure are available on the New York State Department of State website at https://dos.ny.gov/licensing-services

Fees:

$150 - Initial Application

Licenses Issued and Active:

In 2020, there were 26,823 licenses issued for this occupation.
As of December 31, 2020, there were 54,093 active licenses for this occupation.

Licensing Authority:

New York State Department of State
Division of Licensing Services
One Commerce Plaza
99 Washington Avenue
P.O. Box 22001
Albany, New York 12201-2001
Phone: (518) 474-4429
Fax: (518) 473-6648
E-mail: licensing@dos.ny.gov

Standard Occupational Classification:

41-9021 - Real Estate Brokers
To learn more about this occupation search the Occupational Information Network (O*Net).

Additional Information:

New York State Association of Realtors, Inc.
130 Washington Avenue
Albany, New York 12203
Phone: (518) 463-0300

Disclaimer:

Fees stated and other information contained in this report are subject to change. Please contact the licensing authority listed above for the most current information.

This page was last updated on 03/26/2021.