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Real Estate Broker Licensing in New York

Review current requirements, exam details, renewal cycle, and salary outlook for real estate broker in New York, including See board website and board contact links.

Last verified: Feb 12, 2026

Application Fee

See board website

Exam Requirement

State-approved exam

Renewal Cycle

See board renewal rules

Licensing Blueprint for Real Estate Broker in New York

Estimated timeline: 6-24 months

Core Requirements

  • License Type: Register with licensing agency
  • Education: Specific course required
  • Examination: State-approved exam
  • Application Fee: See board website

Application Snapshot

  1. Licensing Authority

    NYS Department of State • Division of Licensing Services • One Commerce Plaza

  2. Current Filing Fee

    See board website

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $94,170 median (30% above national)

  5. State Salary Rank

    #3 of 50 states

Step-by-Step Process (4)

  1. 1. Meet New York eligibility requirements for Real Estate Broker licensure.
  2. 2. Complete required education: Specific course required.
  3. 3. Pass required state examinations.
  4. 4. Submit your application to the NYS Department of State~Division of Licensing Services~One Commerce Plaza.

Salary Insights in New York

With a median salary of 94,170, Real Estate Brokers in New York earn 30% above the national median of 72280. New York ranks #3 among 50 states. The typical licensing timeline is 6-24 months.

State Hiring Climate (QCEW)

Steady

QoQ Employment Change

+1.1%

Average Weekly Wage

$1,739

Median annual salary

$94,170

Hourly estimate

$45.27
30% above national median

Difference: +$21,890

Percentile Distribution

Annual compensation
  • P1010th percentile$37,550
  • P2525th percentile$72,790
  • P50Median$94,170
  • P7575th percentile$173,980
  • P9090th percentile$184,630

State vs National Median

State: $94,170
National: $72,280

Total employment: null | Annual openings: null

Real Estate Broker Salary Ranking

#3 of 50 statesfor Real Estate Broker median salary
RankStateMedian Salary
#1Iowa116,920
#2Massachusetts112,180
#3New York94,170
#4New Jersey92,890
#5Connecticut90,910

Nearby States Comparison

Real Estate Broker licensing across the region
StateMedian SalaryEducationExamTimeline
New York$94,170Specific course requiredState-approved exam6-24 months
Vermont$82,270Specific course requiredBoth state and third-party exams required6-24 months
Massachusetts$112,180Specific course requiredState exam required6-24 months
Connecticut$90,910Specific course requiredState exam required6-24 months
New Jersey$92,890Degree requiredState exam required6-24 months
Pennsylvania$74,990Degree requiredState exam required6-24 months

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
New York78HighBoard-specific review required.
Vermont50LowState-specific exam conditions may apply. Documented experience may be required.
Massachusetts50LowState-specific exam conditions may apply. Documented experience may be required.
Connecticut68MediumState-specific exam conditions may apply.
New Jersey50LowState-specific exam conditions may apply. Documented experience may be required.
Pennsylvania50LowState-specific exam conditions may apply. Documented experience may be required.
  • License status indicator: Active.
  • Reciprocity and transfer rules vary by state board.

Official Licensing Agency

NYS Department of State • Division of Licensing Services • One Commerce Plaza

99 Washington Avenue, P.O. Box 22001, Albany, NY, 12201

Phone: 5184744429

Related Careers in New York

ProfessionMedian SalaryEducationTimeline
Architect$98,580Varies by state board6-24 months
Certified Public Accountant$101,780Varies by state board6-24 months
Civil Engineer$102,440Degree required6-24 months
Financial Advisor$167,970No educational requirements6-24 months

FAQ

How long does it take to become a Real Estate Broker in New York?

Most applicants finish the licensing path in about 6-24 months, but timing can change based on education track, exam scheduling, and board processing.

What education do you need to become a Real Estate Broker in New York?

The board typically expects Specific course required for Real Estate Broker licensure in New York.

What is the typical Real Estate Broker salary in New York?

The median annual salary for Real Estate Brokers in New York is 94,170. Salaries range from 37550 (10th percentile) to 184630 (90th percentile).

How does the Real Estate Broker salary in New York compare to the national average?

Real Estate Brokers in New York earn 30% above the national median of 72280, with a state median of 94,170.

Can I transfer my Real Estate Broker license to New York from another state?

Transfer requirements vary by board. License status indicator: Active. Reciprocity and transfer rules vary by state board.

Who is the licensing agency for Real Estate Brokers in New York?

The licensing agency is NYS Department of State / Division of Licensing Services / One Commerce Plaza. Review agency details at https://www.dos.ny.gov/.