- Course type: Self-paced
- Available Lessons: 202
- Average Lesson Length: 8 min
Eligible for Certificate:
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Watch a preview:chapter 1 / lesson 1Trust Accounts: Definition & Management
This course can be found in: Real Estate Test Prep
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Course SummaryThis helpful study guide course helps you study for the New York Real Estate Salesperson Exam. The course provides short lessons and self-assessment quizzes that can gauge your understanding of important real estate topics. Complete the course and make sure you're fully prepared for the exam.
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Course Practice TestCheck your knowledge of this course with a 50-question practice test.
- Comprehensive test covering all topics
- Detailed video explanations for wrong answers
About This Course
With this course, you will have the opportunity to reinforce what you might already know or learn new information about various real estate topics that are covered on the New York Real Estate Salesperson Exam. Lessons address a wide range of general real estate practices and processes, such as closing procedures, land use, land surveys, real estate financing options, property disclosures, property valuation, leasing and fair housing. You will also find a lesson covering regulations and practices specific to New York State. Lessons are brief and can be used to supplement your preparations for taking the New York State Real Estate Salesperson Exam.
About the Exam
The New York State Real Estate Salesperson exam is open to candidates who have completed a required 75-hour course in real estate. The paper-based exam contains all multiple-choice questions and is based on the material addressed in the required course. You will have 90 minutes to complete this exam. A total of 70% of the questions must be answered correctly to achieve a passing score.
New York Real Estate Salesperson Exam Preparation & Registration
This course summarizes and provides an overview of the material you could expect to be tested on when taking this real estate licensing exam. You will review such topics as real estate agency roles and practices, Multiple Listing Service (MLS), property rights and forms of ownership, real estate agent duties and types of agencies. Lessons also address closing documentation, mortgage types and requirements, property valuation and market analysis, agreements and contracts, real estate encumbrances and real estate investment. You will also find a lesson discussing New York state real estate licensing requirements, contracts and leases, and regulations concerning property ownership, leasing, property management and financing. Self-assess what you know and what you have learned with quizzes at the end of each lesson.
After satisfying the educational requirement for real estate salesperson candidates, you can apply to take the New York State licensing exam. Upon approval, you must schedule a test time and location by creating an account on eAccessNY. An approved form of identification must be presented on the day of your exam.
The New York Real Estate Salesperson Exam is administered by the New York Department of State Division of Licensing Services, which is not affiliated with Study.com.
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