Application Fee
See agencyVerified by NY Board of Business
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 agency and board contact links.
Last verified: Feb 17, 2026
Current
Exam Requirement
State-approved examRenewal Cycle
See board renewal rulesLicensing Blueprint for Real Estate Broker in New York
Estimated timeline: Varies by boardCore Requirements
- 1
Education: Specific course required.
- 2
Physical Requirement: No physical requirements.
- 3
License Type: Register with licensing agency.
- 4
A "real estate broker" means any person, firm, limited liability company or corporation, who, for another and for a fee, commission or other valuable consideration, lists for sale, sells, at auction or otherwise, exchanges, buys or rents, or offers or attempts to negotiate a sale, at auction or otherwise, exchange, purchase or rental of an estate or interest in real estate, or collects or offers or attempts to collect rent for the use of real estate, or negotiates or offers or attempts to negotiate, a loan secured or to be secured by a mortgage, other than a residential mortgage loan, as defined in §590 of the Banking Law, or other incumbrance upon or transfer of real estate, or is engaged in the business of a tenant relocator, or who, notwithstanding any other provision of law, performs any of the above stated functions with respect to the resale of condominium property originally sold pursuant to the provisions of the General Business Law governing real estate syndication offerings.
Application Snapshot
- Licensing Authority
NYS Department of State • Division of Licensing Services • One Commerce Plaza
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$94,170 median (30% above national)
- State Salary Rank
#3 of 50 states
Step-by-Step Process (4)
- 1. Meet New York eligibility requirements for Real Estate Broker licensure.
- 2. Complete required education or training: Specific course required.
- 3. Pass required state examinations.
- 4. Submit the application to NYS Department of State~Division of Licensing Services~One Commerce Plaza and monitor board communications.
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 $72,280. New York ranks #3 among 50 states. The typical licensing timeline is Varies by board.
State Hiring Climate (QCEW)
SteadyQoQ Employment Change
+1.1%Average Weekly Wage
$1,739Median annual salary
$94,170Hourly estimate
$45.2730% above national median
Difference: +$21,890
Percentile Distribution
Annual compensationReal Estate Broker Salary Ranking
#3 of 50 statesfor Real Estate Broker median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | Iowa | $116,920 |
| #2 | Massachusetts | $112,180 |
| #3 | New York | $94,170 |
| #4 | New Jersey | $92,890 |
| #5 | Connecticut | $90,910 |
Nearby States Comparison
Real Estate Broker licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| New York | $94,170 | Specific course required | State-approved exam | Varies by board |
| Vermont | $82,270 | Specific course required | Both state and third-party exams required | Varies by board |
| Massachusetts | $112,180 | Specific course required | State exam required | Varies by board |
| Connecticut | $90,910 | Specific course required | State exam required | 1-18 years |
| New Jersey | $92,890 | Degree required | State exam required | Varies by board |
| Pennsylvania | $74,990 | Degree required | State exam required | Varies by board |
License by Endorsement
Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| New York | 78 | High | Board-specific review required. |
| Vermont | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Massachusetts | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Connecticut | 68 | Medium | State-specific exam conditions may apply. |
| New Jersey | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Pennsylvania | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
- License status indicator: Active.
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
Official website verified
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
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $98,580 | Varies by state board | Varies by board |
| Audio and Video Technicians | $63,640 | Degree required | Varies by board |
| Certified Public Accountant | $101,780 | Varies by state board | Varies by board |
| Civil Engineer | $102,440 | Degree required | Varies by board |
FAQ
How long does it take to become a Real Estate Broker in New York?
Most applicants finish the licensing path in about Varies by board, 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 $37,550 (10th percentile) to $184,630 (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 $72,280, 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. Verify directly with the agency.
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/.
How often do you renew a Real Estate Broker license in New York?
Current guidance indicates a renewal cycle of See board renewal rules.