Real Estate License: The process to acquire a real estate license in New York is quite lengthy and involves taking a 77-hour real estate course and passing a real estate exam, among other requirements. However, the validity period of the license is only two years, after which you are required to renew a real estate license in NY.
There are so many reasons why you should renew it without fail, and this is what we are going to focus on. But before we do, it is worth it to mention that you should take a continuing education course ahead of your real estate license renewal in NY.
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Renew a Real Estate License in NY for Legal Compliance
Perhaps, you did not realize that practicing as a real estate salesperson or agent in New York without a valid license is illegal. If you have been practicing with a valid license that is about to expire, it is time to consider an NY real estate license renewal. The state opens the window 90 days before the actual time so that you have ample opportunity to complete your continuing education course and other requirements before application and acquisition of a renewed license.
To Continue Practicing
Whether you are employed in a real estate firm or have been running your own, you need a valid license to continue working. As mentioned, working without a real estate license is illegal, which means you will cease to be permitted to practice when the validity date passes. Instead of waiting, start the process of working to renew a real estate license in NY. If you are interested in a reliable continuing education platform, check this out. It is a certified platform that offers online real estate courses.
For Professional Credibility
Another reason to renew a real estate license in NY is to maintain professional credibility. Having a valid real estate license is an indication of your commitment to legit practices and integrity. This will, in turn, earn you the trust and respect of everyone. Clients and other real estate stakeholders are more likely to trust a professional who has a valid license and no legal implications. So, plan to complete your New York state real estate license renewal on time.
Renew a Real Estate License in NY for Career Growth
If you are planning to grow as a real estate agent or salesperson, you should renew a real estate license in NY on time. The state is growing fast and one of the growth drivers is the real estate industry. Therefore, staying active will help you grow consistently. Ensure that you have a valid license all the time to avoid disruptions or challenges that can jeopardize your professional growth.
For a Steady Flow of Income
The main reason why people are in their careers is to earn an income. An NYS real estate license renewal ensures that your business or work as a real estate agent or salesperson is not disrupted in any way; therefore, this enables you to earn income continuously. On the other hand, practicing without a license may lead to hefty fines and loss of income. Ensure that you renew a real estate license in NY on time.
Conclusion
If you are relatively new to the real estate industry, you probably need to know how to renew a real estate license in NY. It is worth checking more about it and planning to do it on time. Hopefully, this article helps you to understand the importance of taking this initiative.