New York State broker’s license curriculum set for major changes

TRD New York /
Jul.July 01, 2018 03:00 PM

NY Secretary of State Rossana Rosado

The curriculum for obtaining a broker’s license in New York State is about to undergo more changes than it has in over a decade.

Effective September 1, new 16-hour courses on agency law, license law and operating a real estate office are coming to broker class, Hamptons news site 27east.com reported. The curriculum will also emphasize concepts such as disclosure standards for “first substantive contact” with clients and the protection of commissions rights.

“Updating education curriculum is imperative to achieve the brokerage course’s stated objective of [requiring] ‘brokers to be lifelong learners and critical thinkers, always discovering new ideas and methods to foster the delivery of quality service to consumers,’” attorney and broker teacher Andrew Lieb told 27east.com “Unfortunately, most real estate education on the market is stale and only theoretical with no practical application.”

The New York Department of State has been working on the new curriculum since 2015, Lieb said. Instructors were informed of the coming changes in May, a DOS spokesperson said.

“I welcome any changes that better inform us as brokers and help make us better leaders in real estate,” said Joseph De Sane, senior managing director at the Compass brokerage in Bridgehampton. [27east.com] — Will Parker


Related Articles

arrow_forward_ios
250th Issue

The Real Deal celebrates 250 issues

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

56 Leonard Street (Credit: iStock)

He invested more than $130M into 4 Manhattan condos. Now he’s taking a hit

Due to relatively high income levels and low transportation costs, New York City is the eight most affordable of 20 major cities (Credit: iStock)

NYC is the 8th most affordable big city in America*

53 West 53rd Street, 885 Park Avenue, 70 West 45th Street (Credit: StreetEasy)

Five priciest homes to hit the market last week all over $22M

118 East 76th Street and Developer Joseph Chetrit (Credit: Google Maps and Getty Images)

Manhattan luxury home market off to worst start in seven years

Mayor Bill de Blasio (Credit: Getty Images)

De Blasio to test brokers, owners for housing discrimination

Buyer sentiment was strong at the close of 2019 (Credit: iStock)

Home buyers start 2020 with drop in mortgage rates

arrow_forward_ios
Loading...