Portability is a set of laws that establish when an agent or broker can represent clients and handle transactions in a state where they don t hold a license. Real estate license reciprocity gives licensed agents the opportunity to secure a license in a new state without completing all licensing requirements.
Dls licenses over 800 000 individuals and businesses.
New york real estate license reciprocity. States that have real estate reciprocity agreements. Elcome to the new york department of state s division of licensing services dls which oversees the licensure registration and regulation of 35 occupations throughout the state. License reciprocity means that if you already hold an active real estate license in one us state you can apply for a real estate license in your new state without taking all the state required pre licensing real estate courses.
5 you must pass the state portion of the virginia state licensing exam within 12 of applying for your virginia real estate license. Real estate license portability in new york there s another way to work as an agent or broker in new york with an out of state license. With new york and pennsylvania sharing 300 miles of bordering land.
The requirements to become a real estate agent in new york are clear complete 75 hours of new york real estate license education and pass the new york real estate. Real estate license reciprocity is an agreement between states that allows real estate agents licensed in one state to be licensed in reciprocal states. To help agents understand both of these we compiled license reciprocity and portability rules for all 50 states.
Below are states that share real estate reciprocity with new york state. All need current certification dated within six months from the real estate commission where license was obtained completed application irrevocable consent form and the appropriate fee. There are some states that have real estate markets that cross over each into other and offer real estate license reciprocity.
Real estate portability lets out of state agents conduct transactions within specific states based on local laws. 6 your current real estate license must be in good standing and you should not have had a real estate license that was suspended revoked or surrendered in connection with any prior disciplinary action. In some cases you only have to pass the reciprocal state s portion of the real estate exam.
Many states offer license reciprocity. New york and pennsylvania have reciprocal agreements with each other as well as with connecticut. If you re based in any us state and wish to practice in alabama.
Real estate express taught thousands of aspiring real estate agents in new york we make it easy for you to get up to speed on the new york real estate license requirements. Colorado for example offers license reciprocity for all 50 states. Real estate license reciprocity is an agreement between states that allows the holder of a real estate license in one state to fast track the process of getting a license in another state often bypassing the pre license requirements and moving straight to the licensing exam.