Real Estate Continuing Education

Jerry M. Feeney is licensed by the New York State Department of State to teach continuing education courses to licensed brokers and real estate agents. He is able to provide continuing education credits for the following courses: Fair Housing and 1031 Exchange. He also teaches Agency Law and Agency Disclosure classes at other broker education venues.

A few notable locations at which Mr. Feeney has taught are: the Real Estate Board of New York (REBNY), Douglas Elliman, Academy for Continuing Education ACE Symposium, Douglas Elliman’s national sales and networking conference ReInvent, Greenwich Village Society for Historic Preservation (GVSHP), etc.

He has also written numerous articles of great benefit to brokers and real estate agents. Please follow the link here to read them. Below is some information regarding the Continuing Education requirement brokers and real estate agents must fulfill to renew their license.

 

Real Estate Continuing Education NYC Broker Agent License Renewal

 

Continuing Education Requirement

New York State Real Property Law, Article 12-A, requires all licensed brokers and real estate agents who are renewing their license to successfully complete 22 ½ hours of approved continuing education courses.

– This must be completed within the two year period preceding a renewal.
– This must include 3 hours of Fair Housing/Discrimination in the sale or rental of real property or an interest in real property.
– Completing an approved broker qualifying course and passing the final examination, within their current term, will provide a salesperson with continuing education credit for completion of that course. This broker course does not satisfy the 3 hour fair housing requirement. Completing the 45 hour broker qualifying course does not allow for applying the extra 22 ½ hours to the next license term; continuing education must be completed within each license term.
– Brokers and real estate agents have two years from their license expiration date to renew their license. If they fail to renew their license during the two year period, they must pass the state written examination. If the license has expired, conducting real estate activities in NYS which require a real estate license is not permitted.
Take note of a recent change made effective January 1, 2017. It adds a requirement of at least 1 hour of Law of Agency. If a salesperson is within their first license term, they must complete 2 hours of Law of Agency. This change is not applicable to those exempt from the continuing education requirement.

Exemptions

– Licensed real estate brokers with full-time engagement in the real estate business who have been licensed before July 1, 2008 for at least 15 consecutive years and have maintained continuous licensure with no breaks in licensure are exempt from the continuing education requirement.
– Attorneys admitted to the NYS Bar who also hold a real estate broker’s license are exempt from the continuing education requirement.

Extensions

If a salesperson could not complete the continuing education requirement but needs to renew their license, extensions may be granted in hardship cases. The following must be submitted before the license expires:

– a written request for the extension
– a completed renewal form
– the fee
– original documentation demonstrating their hardship, such as medical documentation

For more information, reference §177.6 in the real estate law booklet, or visit the NY DOS website.