Few real estate markets offer the sheer range of opportunities that are present in New York State. From luxury condominiums in uptown Manhattan to sprawling Long Island mansions and comfortable upstate bungalows, when it comes to housing, New York is as diverse as any state in the union.
And with a consistently strong market even in times of financial stress, New York offers returns on real estate investment that most other states can only dream of.
But is it possible for ordinary people to take advantage of this dynamic market? What if you can’t afford to make major investments in property and real estate?
Developers and sellers aren’t the only ones who benefit from high housing prices and rising demand. Real estate agents who connect buyers to sellers and help people find the home they want and a price they can afford are not only a necessary part of the market, they are also one of its chief beneficiaries — and the good news is that a career in real estate is within reach of most New Yorkers willing to put the time and energy into becoming licensed.
Unlike other professional career paths like medicine, law, and pharmacy, which involve years of schooling and require multiple degrees, getting certified to work as a real estate agent in New York State can be done in a matter of months.
It all starts with the 75 hour real estate course NY that equips prospective real estate agents with the skills and knowledge they need to take the state licensing exam. There are several ways to take the course, but the most popular way to undergo training is to study for the NY real estate exam online by taking a course based around video tutorials that teach the fundamentals of real estate law and practice as they apply in New York State.
At the end of the course, students take a proctored final exam that provides them with a certificate of completion, at which point they can take the state licensing exam. New York law requires a passing grade of 70%, but students can take the exam multiple times, so long as they pay the necessary exam fee.
Once the exam has been passed, prospective real estate agents can pay their licensing fee and begin looking for work at a brokerage. Brokerages provide real estate agents with experience and legal protection while they learn their trade, and in exchange for mentorship, leads, and support, brokers take a percentage of agents’ commissions.
Real estate is a competitive industry, and it is especially so in New York. But it can also be extremely rewarding, and if you are a motivated worker with a self-starter attitude, the benefits are not simply financial: taking advantage of New York’s exciting real estate market is also an opportunity to foster your talents as a salesperson and entrepreneur, all while helping people find the home of their dreams.