In order to renew your real estate license, you must complete 24 hours of renewal credit, including 18 hours from six required courses. The other eight hours can come from any course. Generally, you cannot duplicate the same course type or number more than once. It is possible to renew your license up to 90 days before it expires. However, this process may be complicated if you don’t know what to expect. For this reason, we have compiled this guide to help you renew your license.
Online process
The Online process for real estate license renewal is very simple. In most states, this process must be completed no later than 90 days before the license expires. To renew your license, you must complete 22.5 hours of approved continuing education. After you complete the course, you will receive an email from the state with details on how to pay the renewal fee. You will also have to fill out paperwork for any additional requirements. You can complete the renewal process up to 90 days before the expiration date.
If you don’t have a real estate license, you can get one by using the Open NY portal. There, you can search for active licenses, view their records, and apply for renewal. To renew a real estate license, you can also apply for a new license by completing the application. The New York Department of State will review your application and send it to your address. You must also complete 75 hours of pre-licensed salesperson courses in order to maintain your license.
Continuing education requirements
Continuing education is required for license renewal. This credit may be obtained in a number of ways. You can either take an online course or attend a classroom course. The latter option is often free. You can even print your completion certificate immediately after completing a course online. But remember that if you plan on renewing your license within the next two years, you will need to have completed the required amount of CE before your license expires.
Continuing education is mandatory for the renewal of a real estate license in New York. It is required that you complete at least 22.25 hours of online continuing education each year. The courses are timed and include a short exam. To complete the course, you must score 80% or higher in the course. Then, you must submit your completion certificate to the NY Department of State. You can do this through the eAccessNY portal. You must register with the portal, and log in to get your certificate.
Fees
In order to renew a real estate license, you must pay the required fees. The fee for changing your practice location is $20. If you have more than one address, you can change your association with each location. After submitting your change, the Department will contact you to collect any additional information needed. To change your practice address, log in to your personal online account and click the hyperlink for your license and address. In addition to paying the appropriate fees, you must also provide any additional information necessary to process your renewal.
New York real estate agents are required to complete 22.5 hours of continuing education every two years. The state requires that they complete at least two online courses to maintain their licenses. A few years ago, renewal applications were still submitted via paper. Now, renewal applications must be submitted online. Continuing education is important for licensed professionals in the field. New salespersons must complete a certain set of CE courses. You can see the topics that require continuing education for your renewal period here.
Scams associated with the process
New York State has issued warnings about the real estate and rental scams. These criminals target prospective tenants and rent properties without actually viewing them. Their goal is to scam the victim out of money by re-posting legitimate rental advertisements with their own contact information and a lower advertised rate. This scam has resulted in over $1.7 million in losses for New Yorkers in the past three years.
To avoid falling victim to these scams, make sure that your real estate license is up to date. In some states, license renewal is a requirement after two years. Real estate professionals should renew their license with their broker’s license. If they are separate, you need to renew both of your licenses separately. Be cautious of any scam that asks for advance payments or deposits, which can lead to fraud. Inquire about the fees before paying.