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Broker Course

45 Hour Broker Course in Brooklyn, NY
The main difference between a real estate agent and a real estate broker is that brokers are licensed to manage their own businesses, while agents are not. But even though real estate agents work under brokers, their jobs are similar. Brokers and agents both help clients sell their homes as well as buy new homes.Candidates for a New York Real Estate Brokers license must successfully complete the DOS approved qualifying salespersons course and brokers course. The salespersons course must be successfully completed prior to the broker course in New York State.Both courses together will give you the required 120 Hours of education.Applicants who have completed the 45 Hour salesperson course before July 1, 2008 must complete an additional 30 Hour remedial course together with the 45 Hour broker course.In order to qualify for licensure as a real estate broker, an applicant must have at least two years of experience as a licensed real estate salesperson or at least three years of experience in the general real estate field (e.g., buying and selling your own property, managing property owned by your employer), have satisfactorily completed both the qualifying salesperson course of 75 hours and an additional 45 hour real estate broker course as approved by the Secretary of State, and have passed a qualifying examination administered by the Department.Requirement for Broker licensure are:* minimum age of 20
* demonstrate fair knowledge of the English language
* first complete a New York DOS approved Salesperson qualifying course
* then complete a New York DOS approved 45 hour qualifying course
(note: you  may need an additional 30 hour remedial course if your Salesperson qualifying course was 45 hours)
* applicant has to have worked at least two years, as a  licensed real estate salesperson, or has had equivalent  experience in general real estate business for a period of at least three years
* pass the Brooklyn Real Estate School broker qualifying course exam
* pass the New York DOS broker licensing exam
* be in one of four citizenship categories:
1. citizenship status
2. permanent residency
3. have a work authorization card obtained from the  Immigration and Naturalization Service
4. have a work permit that obtained from your sponsoring employer
* have earned 3,500 experience points as a salesperson or 3500 points through equivalent experience.
(for information on points requirements,  go to page 4 of the broker application) Next Broker Course will start on 11-10-2014 Winter Time Special: $CALL for PRICE (  Book Included )
Reserve your seat now,Call: 718-745-4000Real Estate Broker Point System For Licensed Salesperson Activity Only
Category Point ValueRESIDENTIAL SALES:
1. Single Family, condo, co-op unit, multi-family (2 to 8-unit), farm (with residence, under 100 acres) 250
2. Exclusive listings 10
3. Open listings 1
4. Binders effected 25
5. Co-op unit transaction approved by seller and buyer that fails to win Board of Directors approval 100
RESIDENTIAL RENTALS:
6. Rentals or subleases effected 25
7. Exclusive Listings 5
8. Open Listings 1
9. Property Management
– Lease renewal 2
– Rent collections per tenant/per year 1
COMMERCIAL SALES:
10. Taxpayer 400
11. Office Building 400
12. Apartment Building (9 units or more) 400
13. Shopping Center 400
14. Factory/Industrial warehouse 400
15. Hotel/Motel 400
16. Transient garage/parking lot 400
17. Multi-unit commercial condominium 400
18. Urban commercial development site 400
19. Alternative sale type transaction 400
20. Single-tenant commercial condo 250
21. Listings 10
COMMERCIAL LEASING:
22. New Lease-aggregate rental $1 to $200,000 150
23. New Lease-aggregate rental $200,000 to $1 million 250
24. New Lease-aggregate rental over $1 million 400
25. Renewal-aggregate renewal $1 to $200,000 75
26. Renewal-aggregate rental $200,000 to $1 million 125
27. Renewal-aggregate rental over $1 million 200
28. Listings 10
COMMERCIAL FINANCING:
(includes residential properties of more than four units):
29. $1 to $500,000 200
30. $500,000 to $5,000,000 300
31. Over $5,000,000 400
MISCELLANEOUS:
32. Sale vacant lots, land (under 100 acres) 50
33. Sale vacant land (more than 100 acres) 150
34. Other must be fully explained. –
TOTAL POINTS NEEDED: 3,500

(b) An applicant shall have the burden of establishing to the satisfaction of the department that the applicant actually performed the work associated with the real estate transaction claimed as experience credit.