Why You Should Get Your New York Real Estate Broker License
Getting your New York broker’s license is the next step you can take in your real estate career.
Your Free Guide to Getting a New York Real Estate Broker License
The CE Shop understands that career changes are some of the biggest decisions in your life. To help make the process a little easier, we have put together some pertinent information to get you started.
Is Now the Time to Become a Broker?
YES! The real estate market has had its ups and downs, but there's never been a better time to get your real estate broker’s license for New York. Watch this short video and ask yourself these questions to determine if a broker’s license is right for you.
✓ Are you enjoying your real estate career?
Real estate is a great industry to get into if you're a self-starter and looking to grow a business. If you like what you’re doing, becoming a broker might be the next best thing for your career.
✓ Do you know how to get your broker's license in New York?
We have all the information you need, just visit this page.
✓ Are you ready to be the boss?
A real estate broker can work independently and/or hire real estate salespersons. Brokers have state licenses that allow them to operate a real estate business and employ sales agents. If you truly want to be your own boss, a broker’s license is a logical next step!
✓ Do you want to control your income?
Brokers and salespeople are paid a commission on real estate transactions. This commission is split between those involved in the transaction (typically the listing agent, the listing broker, the buyer’s agent, and the buyer’s agent’s broker). As a broker, you will be able to take home a portion of the commission from each transaction.
✓ Is the market right?
Do some research online and at a local real estate agency to see what's happening in your area.
There's never been a better time to get started.
Your Career as a Broker Starts Here
Real estate is an exciting industry with unlimited potential. Even though the real estate market throughout the nation has been unpredictable, there will always be a need for someone to purchase or sell their home somewhere in NYC - and there will always be a need to find a licensed broker to help new salespeople get started in their real estate career.
A New York real estate broker’s license allows you to:
- Start your own real estate company
- Employ salespeople and associates under your own company
- Help people find the home of their dreams
- Make a difference in your community
The CE Shop Can Help You Get Your New York Broker Real Estate License
If this sounds like your dream, let The CE Shop guide you through your next steps and help you get your real estate broker’s license for New York. Click here to get started!
Is Real Estate Right for You?
A career in real estate means a lot of things to a lot of people, but here are a few key points that make it ideal for you:
✓ Flexible schedule
✓ Entrepreneurial opportunity
✓ The ability to help others
✓ A fun profession
Is Getting Your Real Estate License in New York the Right Career Move for You?
A real estate license is your ticket to freedom! It allows you to:
- Control your career: As a New York broker, you can choose to practice real estate independently or hire other agents to work for you. You can determine your working environment based on what works for you.
- Make your own hours: Work full-time or part-time! Flexible hours allow you to work around school, sports, and other commitments.
- Have relatively unlimited earning potential: Sell 5 homes or 500, it’s up to you!
Does this sound like the right career move for you? Learn more about the steps to getting your NY real estate license here!
Income Potential as a Broker
Annual income for broker agents can vary widely. Factors to consider when determining your income potential include:
✓ Full-time or part-time status
✓ The number of salespeople you employ
✓ Housing prices and trends in your area
The Key to a Successful Career is a Good Foundation
If you like a challenging, yet rewarding profession, then getting your broker’s license will empower you to earn more. New York neighborhoods and boroughs vary in price ranges and demographics.
The better you know the area, the more successful you will be! Choosing the right location and understanding the housing marketing and trends in those areas is critical when you’re making your decision to get your broker’s license - especially in New York.
The CE Shop offers a free 5-day trial to give you some insight on what it takes to get your broker’s license and how our online courses can help make the transition as painless as possible.
Our online Pre-Licensing courses for New York brokers prepare you to sit for your state license exam. Our ultimate goal is to set you up for success so you can become one of the top brokers in New York! If you’re ready to control your own career, get started with our Pre-Licensing courses today!
How Does Real Estate Commission Work?
Real estate agents and brokers don’t typically earn salaries; instead, they are paid by commission. Understanding how real estate commissions are calculated will help determine your earning potential. Here is an example of how your commission may be structured:
Commissions are generally 6% of a home’s purchase price. The listing agent splits that percentage in half with the buyer’s agent. Obviously, the opportunity to make $5,400 on the sale of one home is very appealing and the higher a home’s purchase price, the greater the commission. The more sales you complete, the more money you can make.
After the agent pays the broker they work for, they walk away with $5,400 (based on the example of a 60/40 split with the broker). Obviously, the opportunity to make $5,400 on the sale of one home is very appealing and the higher a home’s purchase price, the greater the commission. Essentially, the more sales you complete, the more money you can make.
Choosing The Right Education Provider for Your NY Real Estate Broker License
When you’re making a career change, education is the first step and choosing the right provider is key.
Here are a few things to look for:
Age of Content & Platform
Content is the key to our success. The real estate market is constantly changing and, if you're not learning based on recent market trends, you'll be outdated before you even get started.
✓ Age of Content & Platform
We offer brand new content and frequent updates to our courses on a brand new online learning solution. We want you to learn, grow, and succeed through the most revolutionary ideas and approaches in education.
Money Back Guarantee
You shouldn’t have to pay for something that isn’t right for you. A lot of providers don’t have your best interest in mind and don’t offer a guarantee on their products once a course is started.
✓ Money Back Guarantee
We think this one is a no-brainer. We value your time, money, and effort and we prove it through our money back guarantee policy.
Not able to finish your course? Change your mind? Some providers don’t provide a refund for any reason.
✓ Refund Policy
If something in your life has affected your decision to take our course, we respect that, and we’re transparent about how we handle it. Call us about our refund policy.
You have a lot to do and time away from home while commuting to a classroom environment is time that can be better utilized.
One of the greatest advantages of taking your course online is that you can do it whenever it’s convenient for you. Have time first thing in the morning? That’s great. Awake at 2 am? Hop online and start learning!
Online vs. Classroom
If not done well, taking an online course can feel like reading a flat and unengaging textbook online. Classrooms can be inconvenient and only offer one-size-fits-all learning.
✓ Online vs. Classroom
Our online learning solution, LEAP, is innovative, new, and delivers content in an engaging and interactive way, helping to better prepare you for your new career.
Most providers don’t publish their pass rates - and that’s usually for a reason. Knowing their average success rate will help you determine if they're the best choice for you.
✓ Pass Rates - Learn more*
We pride ourselves on having one of the highest course pass rates in the industry! Our built-in exam prep is comprehensive and our goal is to enable you to move forward in your career.
In this day and age, providers often resort to flat, overwhelming text that lacks context and engagement. That doesn’t sound like a very effective way to learn.
✓ Education Methods
We know you’re striving to be the best. That’s why we designed LEAP with the latest in adult learning science to deliver a revolutionary experience.
The beauty of online education is taking it when the time is right for you – so doesn’t it make sense that customer service should be available then as well? Make sure your provider is available when you need them.
✓ Customer Service
We’re here for you when you need us, 7 days a week, via phone, chat, and email. We look forward to hearing from you!