New York City In the Big Apple, commercial lease commission rates are usually between 5% and 6% of the total lease value. The high demand for commercial properties in prime locations like Manhattan contributes to these elevated rates.
Top brokerages are CBRE, JLL, Colliers, Cushman (barely).
How Do I Get a Commercial Real Estate License in New York? Complete Your Education. To qualify for a commercial real estate license in New York, you must first complete the required education. Pass the NYS Real Estate License Exam. Find a Sponsor Broker. Submit a Completed License Application.
Do you need a license to be a business broker in New York? There is no such thing as a business broker's license, but many states will require a real estate license for the sale of real property. Some states even require registration with the state securities commission. However, New York is not one of these states.
Become A Real Estate Broker In NY in 4 Simple Steps Complete 75 Hours of Approved Broker Pre-Licensing Education. Pass Your Course Final Exam. Pass Your New York State Real Estate Broker Examination. Apply For Your Real Estate Broker License in NY.
The first way to do this is through Google. Try googling 'best sponsoring brokers your area' and look into the companies that come up. Another way to research sponsoring brokers in your area is to search top real estate agents in your area and see what brokerages they're employed by.
To become a commercial real estate broker in New York, you must be at least 20 years old and have two years of consecutive experience as a licensed real estate agent. If you have already completed the 77-hour salesperson course, you just have to take the 75-hour broker course.
Including New York you can't sell commercial real estate with a residential license. You need aMoreIncluding New York you can't sell commercial real estate with a residential license. You need a license specifically for commercial real estate. Here's what you typically need to do meet the age and