You’ve completed your required New York real estate pre-licensing course (yay!) and passed the proctored exam (double yay!). Now it’s time to cram for the state licensing exam.
Not everyone passes the New York real estate licensing exam on their first try. Passing the exam is a lot easier when you know what you can expect on test day. Below is a rundown of essential information that can help you prepare to pass.
It helps to know how the New York real estate salesperson exam is set up beforehand so there are no surprises.
Type of Exam: Multiple choice, written exam
Number of Questions: 75
Time to Complete the Test: 90 minutes
Passing Score: Test is pass/fail, but requires a score of 70% or higher
The questions on the New York pre-licensing exam are based on the information that’s covered in the 75-hour real estate salesperson course. The provider administered proctored exam is a great precursor. The state licensing exam is very similar in format and the questions that are asked.
The questions are specific to real estate practices and regulations in the state. For instance, you may see a question like, how old must a person be to enter into a real estate contract in New York? (The answer is 18 years old.)
There are also questions on federal laws that pertain to real estate. It’s not uncommon for the licensing exam to include questions about RESPA, FHA loans or the Civil Rights Act of 1866.
One thing worth noting is that the NY Division on Licensing allows test takers to bring a battery or solar-powered calculator with them to the test. (Sorry, phones with calculator apps aren’t allowed.) That means you should be prepared for at least a few questions that require math.
Our Study Guide condenses everything down to the key concepts that you’re very likely to see on the licensing test. There are also a number of practice tests, which is scientifically proven to be one of the best ways to retain information before exam day.
As long as you take the time to study there’s a good chance you’ll get a passing grade on your first attempt. But if you don’t, you’ll have a couple more shots to pass.
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