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)Special: $CALL for PRICE(Book Included) Reserve your seat now, Call: 718-745-4000 Real Estate Broker Point System For Licensed Salesperson Activity Only Category Point Value RESIDENTIAL 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 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.