If you have a real estate license in New York, you will need to renew it every two years in order to continue operating legitimately. This is the case regardless of whether you are a real estate agent or a broker.
The cost of renewing your New York real estate license will depend on whether you do this on time – or have to pay a late penalty fee – as well as whether you are a broker or a real estate agent.
In this guide, we break down how you can go about completing your New York Real Estate License Renewal, detailing how much this will cost, as well as what continuing education (CE) requirements you will need to complete before submitting your application.
New York Real Estate Renewal Cost
The total cost of your New York Real Estate License Renewal will depend on whether you need to pay a penalty fee:
|Real Estate Agent
|Real Estate Broker
|Renewal Cost Online
|Late Penalty Fee
|$65 – $265
|$185 – $385
On top of this, you’ll need to add the cost of purchasing a real estate CE course, as this is a legal requirement in the state of New York.
Recommended Continuing Education Course
Our #1 qualified real estate education course is The CE Shop. They offer an exceptionally large variety of packages and can be very helpful in guiding you through New York CE requirements.
New York Real Estate Continuing Education
You will need to complete the following CE requirements in order to renew your real estate license in New York.
New York Active Real Estate License Renewal
22.5 hours of New York Department of State (DOS)-approved CE courses, including:
- Ethical business practices: At least two and a half hours
- Recent legal matters: At least one hour
- Fair housing and/or discrimination in the sale or rental of property: At least three hours
- Agency law: At least two hours for first-time renewals and at least one hour for everyone else
- Cultural competency: Two hours
- Implicit bias Two hours
You will need to complete the remaining hours of CE by taking elective courses. These can be general real estate agent courses or courses that fall within the above categories.
Inactive New York Real Estate License
In New York, your real estate license will remain expired for one year if you fail to renew it on time.
During this time, you will still be able to renew it through eAccessNY, but you will not be able to engage in any real estate sales or broker activity.
If more than one year has passed since your license expired, you will no longer be able to renew it, and will instead be required to retake and pass your real estate exam in order to obtain your New York real estate license.
Renew New York Real Estate License
All New York real estate agents and brokers are required to renew their licenses online. There is no in-person or mailing service available.
New York Real Estate License Renewal Online
You can renew your real estate license online through eAccessNY. You will need to log in to your account, or – if you haven’t already registered – create a new one by providing your:
- Full legal name
- Date of birth
- Phone number
We recommend that you complete your CE training at least 10 days before your license expires. This will ensure that there is enough time for it to be processed.
New York Real Estate License Renewal FAQ
How much does it cost to renew my real estate license in New York?
This will depend on several factors, including whether you are a real estate agent or a broker and whether you have to pay a late-filing penalty fee. You will also have to purchase a CE course. The CE Shop is our number one pick when it comes to real estate education courses because they offer a variety of packages at a very affordable price. For more information, we recommend having a look at our The CE Shop Real Estate Class Review article.
How many continuing education hours do you need to renew your license in New York?
You need 22.5 hours of continuing education (CE) training in order to renew your real estate agent license in New York.
What’s an approved continuing education course in New York?
An approved continuing education course is a CE course provider that has been approved – and is thus accepted – by the New York DOS. Real estate agents and brokers are required to complete a CE course in order to renew their license and continue operating legitimately.
How to get a real estate license in New York?
You can get a real estate license in New York by filing a real estate license application through eAccessNY, completing a fingerprint and background check, taking a real estate education course, and passing your New York real estate exam. For more information, we recommend having a look at our How to Get Your New York Real Estate License article.