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Updated about 7 years ago,
Getting My Real Estate License in NYC
Hi all! I have a few properties in NYC and is thinking about buying more and possibly selling in the next few years. I figured since the real estate agent commission is so high in NYC, I might as well get a license myself and be my own agent when it's time to sell. I speculate that the prices of my properties are only going to go up so I would be saving some money when the time comes. Another reason I want to get the license is I want to buy some single family houses in 2018 so having the knowledge won't hurt.
I did some research and it tells me that I need to take a 75 hours course first, take the exam, then apply for the license. I'm thinking I can also work PT as an agent after that so I would need to find a brokerage to work under.
My questions are: What would you recommend I take the 75-hour educational course with? Does it make any significant difference which program I choose? Are there anything I'm missing in terms of the the steps I need to take to get my license? Are the above reasons sufficient to get a real estate license in the first place in your opinion? Would love to hear what everyone here thinks!
Best,
Jinyu