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5 Easy Steps To Renew Your Real Estate License In New York

Are you wondering how to renew your real estate license in NY? You don’t have to worry because we are here to help you understand how to do just that. As a New York real estate agent, you are required to renew your license every two years to keep working in the industry uninterrupted. Also, a timely New York real estate license renewal allows you to continue practicing as a legally recognized agent who can enjoy the respect of your peers and the confidence of your clients.

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You need to note that, unlike other states that allow licensees a grace period to renew after expiry, there’s no grace period for a New York State real estate license renewal so you must stay on top of your renewal date. In this piece, we highlight five easy steps to help you with your real estate license renewal in New York.

Check your renewal date

The first thing as you explore how to renew your real estate license in NY is to know your renewal date. Your NY real estate license is valid for two years from the date it was issued.

Luckily, you will be notified when your license is due for renewal because the New York Department of State (DOS) normally sends licensees a renewal notice 90 days before the expiration date of the license. If you don’t get the renewal notice, use the DOS eAccessNY system to verify your renewal date.

Meet the continuing education requirement

Before embarking on your New York state real estate license renewal, you must ensure you have completed 22.5 hours of continuing education (CE). Every licensee in NY is required to complete 22.5 hours of approved CE every two years to keep them updated on such areas as current market trends, industry regulations, ethics, and others.

The good news is that you can take most of the continuing education courses online, and study at your own pace and convenience. You should choose an approved provider like RealEstateU, so you meet the education requirement satisfactorily.

Get the necessary documents

To renew your real estate license in NY, make sure you have some crucial documents ready.

The necessary documents include:

  • · Proof of completing any required CE courses
  • Your current NY state real estate license number
  • A valid debit or credit card to pay the renewal fee

Renew your license online

You can renew your NY real estate license online using the user-friendly DOS eAccessNY system. Log into your account, and if you don’t have an account, you need to set it up. Once
logged in, fill out the online NY real estate license renewal form by inputting your personal information including the license number, and details about your completed CE courses.

You must ensure all the information you enter is accurate and up-to-date. Finally, head to the secure payment section and pay the renewal fee, which as of 2024, is $65. You pay using a debit or a credit card.

Receive renewal confirmation

When you submit your NY real estate license renewal, and pay the fee, you will get an on-screen confirmation immediately and you will get a renewal confirmation email. It would be best to save a soft copy of this confirmation or print a hard copy and keep it for your
records.

Conclusion

You don’t have to struggle to renew your real estate license in NY if you follow the above steps. The best thing is that New York gives you an option to sign up for automatic reminders about renewal, so you can use that option to avoid missing renewal dates and risk suspension of your license. Also, ensure you choose an approved and reliable real estate for
your continuing education, and remain updated about industry trends.

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