Date: 01/30/17

New York Licensing- Broker

New York Licensing- Broker 

The first step to in obtaining your broker/associate, broker license, is to complete the NYS Brokers 45 Hour Qualifying Course

GCAR’s Real Estate Professional Institute is offering: 

The 45 Hour Broker Qualifying Course – 

scheduled for Wednesdays & Thursdays 9am -5pm: 

April 12th, 13th, 19th, 20th, 26th & 27th 2017

Course fee: $400, text book included 

Location: 451 New Karner Road, Albany, NY 12205

GCAR members: You can register online at www.gcar.comthrough IMS by clicking here. You can order the text book by calling (518) 464-0191 x15

Online Option: GCAR also offers an online Broker Licensing Course through their education partner The CE Shop. Click here to be connected to their site to review course details. You may begin the online course at any time.

NYS Requirements for Licensing as a Broker are: 

 be at least 20 years of age

 complete the Broker’s Qualifying course and pass the course exam

If you took the 45 hour Salesperson Course, you are required to complete the 30 hour Remedial Course, (offered at GCAR February 24th, 26th & March 3rd & 4th or on line through the CE Shop) in addition to the Broker Course, to meet the 120-hour education requirement for the broker license, you can take the Remedial Course before or after the Broker Course.

 pass the NYS broker exam

 and have either a minimum of two years experience as a licensed salesperson or three years experience in a related field. (Please check with the NYS Dept. of State as to what constitutes experience and/or a related field at 518-474-4429 or www.dos.state.ny.us )

As of July 1, 2008, the Broker’s Requirements have changed. Click here for more information.

Frequently Asked Questions… 

Who needs a license? According to Article 12-A of the Real Property Law, “anyone who negotiates any form of real estate transaction for another and for compensation of any kind in the State of New York” needs a license.

What is the difference between a Broker and a salesperson? A Broker is the owner or corporate officer of the firm. The Broker sponsors, trains, and supervises all the real estate activities of the agents for which he/she is responsible. A salesperson works for and under the direction of the sponsoring Broker.

What happens if I take the course but am not ready to apply for my license? Your course completion certificates are valid for 8 years so if, at the end of the course, you’re not ready to apply for your license, you must hold on to your certificates until you are ready. Remember, the State exam results are valid for two years. 

If I miss a portion of the Qualifying Course what happens? According to the New York Department of State, you must complete 90% of the class time in order to pass the course. In other words, if you miss more than 7.5 hours of the salesperson’s class or 4.5 hours of the broker’s class, you will automatically fail.

To register for this class

Complete the attached Broker Registration Form and fax it to: 518-464-0196 Attn.: Debbie

Or:

Call: Debbie Isom, Education Director, at 518-464-0191 x15

Date: 01/30/17

2017 Real Estate Professional Institute Calendar of Classes

AL16PSA_RF_Page_1 2017 Real Estate Professional Institute Calendar of Classes

Take a look at the current list of classes and seminars. Classes with continuing education credits are highlighted in orange.

 

Power Hours: A monthly one hour seminar on a relevant topic with lunch or breakfast provided

 

Scheduled Classes:

March 2017

GRI-7 Property

Date / Time: March 23, 2017 / 8:30am-5:30pm

Location: Greater Capital Association of REALTORS®

451 New Karner Rd

Albany, NY 12205

Instructor: Nancy Mosca,ABR,BPOR,GRI,SFR,SRES

CE Credits: 7.5 hours

Cost: $125 Members / $150 Non-members

 

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April 2017

April 5th & 6th Real Estate Investing Classes 

12 total hours of continuing education credit! 

DAY # 1: 4/5/17 Getting Started as a Real Estate Investor 
Instructor: Carl Schiovone, 32 years in real estate, Investor, Coach & Triple Play instructor
Time: 9am -12pm
Location: Saratoga County Chamber of Commerce
CE Hours: 3 hours 
Cost: $40 members, $50 non-members
Create a specific action plan for attendees to implement
Highlight benefits & risks with investing & how to implement effective risk mgmt. strategies
Provide an overview 7 comparison of various real estate investment business models available
Preparing Real Estate Professionals to work with Investor Clients
DAY # 1: 4/5/17 Getting Started as a Property Rehabber and Flipper 
Instructor: Carl Schiovone, 32 years in real estate, Investor, Coach & Triple Play instructor
Time: 1:00pm -4:00pm
Location: Saratoga County Chamber of Commerce
CE Hours: 3 hours 
Cost: $40 members, $50 non-members
 Explanation on basic concepts of Property Flipping & Rehabbing
 How to work effectively with Investors
 How to select the right property
 Develop your capital spend & business plans
 Determining your maximum allowable offer
 Explore Property Evaluation & factors that affect your offer
 Effective Project management
 Marketing strategies for a quick sale
 Risk Factors and mitigation
 
 
DAY # 2: 4/6/17 Property Flipping & Rehabbing – Beyond the Basics 
Instructor: Carl Schiovone, 32 years in real estate, Investor, Coach & Triple Play instructor
Time: 9am -12pm
Location: Saratoga County Chamber of Commerce
CE Hours: 3 hours 
Cost: $40 members, $50 non-members
 Advanced Project Management Concepts
 Working the numbers with case studies
 Advanced risk mitigation strategies
 Scaling this model into a business
DAY #2: 4/6/17 Getting Started Holding Property for Cash Flow & Equity Growth 
Instructor: Carl Schiovone, 32 years in real estate, Investor, Coach & Triple Play instructor
Time: 1pm -4pm
Location: Saratoga County Chamber of Commerce
CE Hours: 3 hours
Cost: $40 members, $50 non-members
 Create a skill set foundation & get properly prepared
 How to locate/analyze properties for financial success
 Highlight benefits & risks associated with investing
 How to implement effective risk management strategies
 Property Management, Effective Tenant Management Techniques
 Creating your Exit Strategy
 An Action Plan will be provided to help attendees see results fast

 

 

 

 

 

 

 

 

 

April, 2017:  Broker Licensing Course

  • Dates: Wednesdays and Thursdays: April 12th, 13th, 19th, 20th, 26th& 27th
  • Time:  9am -5pm
  • Cost:   $400 including text book
  • Location:  GCAR, 451 New Karner Rd., Albany, NY

Click here for more information

Click here for the registration form

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THE APPRAISAL PROCESS: ENTER THE MIND OF AN APPRAISER

3.0 CE CREDITS – SALES PERSON/BROKER

Date: APRIL 7, 2017 

Time: 9:30 AM – 12:30 PM 

Location: GCAR – 451 NEW KARNER RD ALBANY, NY 12205

Teacher: Caryn Zeh, Certified General RE Appraiser

An appraisal is an “opinion of value”. Real estate appraisal is a step by step process that results in a supportable opinion of value. Is it reasonable and defensible? As most real estate sales transactions require an appraisal, understanding the appraisal process is crucial for sales agents in order to better educate and represent their clients, both buyers and sellers. This course details the recognized appraisal process that one should follow when performing a real estate appraisal assignment, as well as what an appraisal report is required to contain for the report’s reader to understand the appraiser’s conclusions.

 TO REGISTER: LOG INTO GCAR.COM INTERNET MEMBER SERVICES OR CALL 464-0191

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Monday, April 24, 2017: Appraiser Meeting

  • Join your fellow commercial and residential appraisers over coffee to discuss current appraisal topics and challenges. Learn about new technologies and resources, what works and what doesn’t through collaboration with your peers.
  • No fee, coffee provided at the GCAR office on 451 New Karner Road, Albany 12205

 

 

 

May 2017

GRI-8 Technology

Location: Greater Capital Association of REALTORS®

451 New Karner Rd

Albany, New York 12205

Instructor: Jeremias Maneiro, ePRO,GRI,HOMES

Date / Time: May 10, 2017 / 8:30am-5:30pm

CE Credits: 7.5 hours

Cost: $125 Members / $150 Non-members

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October 2017

GRI-2 Business

Date / Time: October 11, 2017 / 8:30am-5:30pm

Location: Greater Capital Association of REALTORS®

451 New Karner Rd

Albany, NY 12205

Instructor: Nick Gigante, AHWD, GRI

CE Credits: 7.5 hours

Cost: $125 Members / $150 Non-members

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November 2017

GRI-3 Agency

Date / Time: November 2, 2017 / 8:30am-5:30pm

Location: Greater Capital Association of REALTORS®

451 New Karner Rd

Albany, NY 12205

Instructor: Jim Braman, Esq.

CE Credits: 7.5 hours

Cost: $125 Members / $150 Non-members

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Check out our website monthly as continually add more classes & seminars! Contact your Education Director: Debbie Isom at 518-464-0191 x15 or disom@gcar.com with any questions or class ideas.

Date: 01/10/17

2017 Installation of Officers

 

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