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Real Estate Agent License Cost in New York 2026: $145 Fees, $66K Salary

Getting a Real Estate Agent license in New York costs $145 upfront. At state-adjusted salaries, that pays back in 0.1 months.

Real Estate Agent License in New York — Key Numbers

$145
Upfront Cost
$66K
Median Salary (Licensed)
$65
Renewal (every 2 yrs)
0.1 mo
Payback Period

Salary data: BLS OEWS 2024 state estimates. Fees: state licensing board schedules.

Real Estate Agent License Cost Breakdown — New York

Exam fee $15
Application fee $65
Initial license fee $65
Total upfront $145
Renewal fee (every 2 yrs) $65
CE hours required per cycle 24 hours
Salary without license (New York) $42,480/yr
Salary with license (New York) $66,080/yr
5-year net ROI $118K

Licensing body: New York Real Estate Commission. Verify current fees before applying — schedules change.

Real Estate Agent License in New York — What to Know

New York runs one of the more expensive real estate licensing processes in the country. The state's commission sets education requirements — typically 45–180 hours of pre-license coursework — before you can sit for the exam. Licensed agents in New York earn $66K on average, with top producers in coastal metros well above that. Commission splits at established brokerages in New York run 50/50 to 70/30 for new agents. The license pays back fast in active markets — the upfront cost is small compared to a single closed transaction.

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