How do I become an associate broker in NY?
Associate broker and broker applicants must:Have two years of experience as a licensed real estate salesperson or three years of experience in the general real estate field.Complete 120 hours of instruction through the 75-hour Salespersons Qualifying Course and the 45-hour Brokers Qualifying Course.
What is a brokerage associate?
A. A broker-associate is an individual licensed as a real estate broker, but who works in the capacity of a salesperson for another responsible broker or corporation.
What qualifies you as a broker?
To qualify for a broker license, one must first hold a valid real estate sales agent license and work under that license for a number of years. In many states, brokers must have two years of experience working as a sales agent, but some states require only one year of experience. Other states may require three.
What is the difference between qualifying broker and associate broker?
Qualified Brokers vs. Associate Brokers Qualified Brokers are usually managers. They run an agency and have associate brokers working under them as salespeople. They might own a real estate brokerage or manage a franchise operation.