What is the difference between a salesperson and a broker?

According to the DOS:

“A real estate salesperson works for and is supervised by the representative broker. The salesperson acts as the representative broker’s agent. All listings, although perhaps negotiated by a salesperson, are accepted by the representative broker.”

“A real estate broker is responsible for the supervision and conduct of the real estate brokerage business. He or she applies for and holds the license on behalf of the brokerage. This person is known as the “representative broker.” All listings, although perhaps negotiated by a salesperson, are accepted by the representative broker.”

You must get your salesperson license FIRST in order to be a broker!
How do I become a salesperson?

The real estate industry is one of the most accessible to anyone. To be eligible for a career as a licensed salesperson, an individual must:

  1. Possess a NYS Drivers License or Non-Driver ID with photo
  2. Be 18+ years of age
  3. Have United States citizenship or be a legal, permanent resident
  4. Have no felony convictions (exceptions may apply)
  5. Complete the 77-hour licensing course
  6. Submit a signed student affidavit
  7. Pass the New York Department of State Salesperson licensing exam ($15)
  8. Pass the RESNYS in-person proctored final exam
  9. Find a sponsoring New York State Broker
2024-12-21T11:16:59-05:00
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