Becoming a real estate agent in New York is a rewarding career. Consumers will always be buying and selling houses, so having a real estate license is a career move that can pay off in the short-term and long-term.
Read on to learn how many licensed agents are in New York. Find out how many of these agents are licensed Realtors. Also, learn how many real estate agents are in the United States and what this means for you.
How Many Licensed Real Estate Agents in New York?
According to New York State, there are approximately 78,167 active salespersons and 52,272 active brokers in the state. Of these licensed real estate agents, 60,000 agents are members of the New York State Association of Realtors (NYSAR), the esteemed professional real estate association.
NYSAR is a trade organization for New York real estate agents. To earn the designation of Realtor, members are held to a strict code of ethics. Being a designated Realtor also offers benefits, such as educational opportunities and legal representation.
Only 46% of licensed real estate agents have a Realtor designation. This shows there is a great opportunity to become a licensed New York real estate agent. Why? Because likely, only 46% of licensed real estate agents are engaged and actively working with clients. This is because they invested in themselves to earn the Realtor designation.
How Many Total Real Estate Agents Are There in the United States?
According to HomeLight, there are more than two million active real estate agents in the United States. Using the above statistics, only about 6.5% of licensed real estate agents are located in New York. Approximately 1,359,208 of those licensed agents are Realtors. This means that New York accounts for 4.4% of the nation's Realtors.
Is It a Good Time to Get Into Real Estate?
Now is a great time to enter the real estate field. Due to the COVID-19 pandemic, much of our lives have become technology-driven because of our remote lifestyles. This has extended into the real estate field. Real estate agents can succeed with a reliable device, Wi-Fi, social media, and an arsenal of the right tech tools. According to the National Association of Realtors Real Estate in a Digital Agereport up to 81% of Millennials and 78% of Generation X used a mobile device to find their home. With our increasingly technology-driven lifestyles, reaching potential customers through technology can be done from anywhere.
How Do I Earn a New York Real Estate License?
There are seven steps to get your New York real estate license. These steps are as follows:
Check your eligibility to become a licensed real estate agent in New York
Complete the state of New York’s required pre-license real estate courses
Pass the pre-license course exam
Sign up to take the New York state licensing exam
Pass the exam
Find a sponsoring broker
Apply for a license and pay the associated fee
Are you ready to earn your New York real estate license? The first step is taking your real estate course. Begin your real estate career by taking your pre-licensing course fully online and from home. Our program is approved by New York so you can trust in your education. You can earn your license at your own pace and on any device. Now is the time to get started!