Requirements Be 20 years old. Have a current NYS photo driver's license or non-driver ID card. 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 or a combination of both.
Go to open houses and informally vet them. Any good realtor will be auditioning for your business. Or go with a referral from a friend/coworker. What you should look for is someone who listens to you, communicates well, is prompt and responsive, and who knows the market well.
Your choice of broker should reflect your investment style—whether you lean toward active trading or a more passive, buy-and-hold approach. Always make sure your broker is fully licensed by state regulatory authorities and FINRA and registered (individually or via their firm) with the SEC.
While ZipRecruiter is seeing salaries as high as $156,720 and as low as $29,876, the majority of Real Estate Agent Broker salaries currently range between $62,900 (25th percentile) to $104,800 (75th percentile) with top earners (90th percentile) making $134,704 annually in Los Angeles.
Start by reading the below list of factors that are important to traders, then use the information to help compare and choose a broker. Spreads, costs, and commission. Variety of markets to trade. Types of brokers. Execution speed and slippage. Trading platform and tools. Regulation. Customer support. Leverage and margin.
Ask a broker about their marketing plan, methods of communication, references, and connections with other real estate professionals. Be sure to hire a professional who works full time. A realtor should be able to walk you through the process of searching and purchasing a home.
If you will be making sales in New York State that are subject to sales tax, you must register with the Tax Department and obtain a Certificate of Authority.
If you're considering starting a real estate career in NYC, Buffalo, Rochester, Yonkers, Syracuse, Albany, or any other city in the state, you'll need to earn a New York real estate license.
Report a complaint against a real estate broker, visit or call (518) 474-4429. number of this federally supported campaign. real estate professionals in New York, including brokers, salespeople and appraisers.
Get started in finding a broker Ask friends, co-workers or family. Search for an agent on StreetEasy. Search for apartments that appeal to you and then narrow your list to agents who specialize in the neighborhood and inventory you want.