100+ Free NY RE Broker Practice Questions
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Key Facts: NY RE Broker Exam
~50%
First-Time Pass Rate
NY DOS
75
Exam Questions
Single section
70%
Passing Score
53/75 correct
152 hrs
Total Education Required
107 SP + 45 broker
2 yrs
Salesperson Experience
NY DOS
$15
Exam Fee
NY DOS
New York's broker exam has a ~50% first-time pass rate and is administered directly by NY DOS (not Pearson VUE). It requires a 45-hour broker course plus salesperson prerequisite education (152 total hours) and 2 years of experience. The 75-question exam in 90 minutes with 70% to pass focuses on broker-specific topics: escrow management, RPL 443 agency disclosure, dual agency consent, HSTPA tenant protections, rent stabilization rules, co-op vs condo transactions, and NY Human Rights Law fair housing.
About the NY RE Broker Exam
The New York real estate broker exam is a 75-question single-section exam administered directly by the NY Department of State. It covers brokerage management, NY-specific real estate law, trust accounts, agency relationships (including dual agency), RPL 443 disclosure, rent stabilization, co-op and condo transactions, and fair housing under the NY Human Rights Law.
Questions
75 scored questions
Time Limit
1 hour 30 minutes
Passing Score
70%
Exam Fee
$15 (New York Department of State (DOS))
NY RE Broker Exam Content Outline
Brokerage Management & Operations
Office supervision, branch offices, associate brokers, advertising compliance, agent sponsorship, independent contractor agreements, record retention
Trust Accounts & Escrow
Escrow account requirements, commingling, conversion, record retention, DOS audits, interest on escrow, bounced deposit handling
NY Real Estate Law
RPL, HSTPA, rent stabilization, fair housing (NY Human Rights Law), PCDA, foreclosure, statute of frauds, lis pendens, equitable conversion
Agency, Disclosure & Ethics
RPL 443 disclosure, dual agency, broker's agent, fiduciary duties, confidentiality, fair housing compliance, steering, blockbusting
Finance, Valuation & Transactions
Transfer tax, mansion tax, mortgage recording tax, co-op vs condo, income approach, GRM, title insurance, 1031 exchange, closing costs
How to Pass the NY RE Broker Exam
What You Need to Know
- Passing score: 70%
- Exam length: 75 questions
- Time limit: 1 hour 30 minutes
- Exam fee: $15
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
NY RE Broker Study Tips from Top Performers
Frequently Asked Questions
How hard is the New York real estate broker exam?
The NY broker exam has a ~50% first-time pass rate. It has 75 questions in a single section with 90 minutes to complete. You need 70% (53/75) to pass. NY DOS administers the exam directly. The exam tests broker-level topics including escrow management, RPL 443 agency, dual agency, HSTPA rent protections, and co-op/condo transactions.
What are the prerequisites for a New York broker license?
You need a 45-hour broker pre-license course from a DOS-approved school, plus the salesperson course prerequisite (total 152 hours of education). You also need 2 years of experience as a licensed real estate salesperson or equivalent. The experience requirement ensures practical knowledge before assuming supervisory responsibilities.
What is the PCDA $500 credit in New York?
Under New York's Property Condition Disclosure Act, sellers must provide a Property Condition Disclosure Statement. If the seller fails or chooses not to provide the disclosure, the buyer receives a $500 credit at closing. Many NY sellers opt to pay the $500 rather than complete the disclosure to limit potential liability.
How does dual agency work in New York?
In New York, dual agency occurs when a single broker represents both buyer and seller. It requires informed, written consent from both parties after full disclosure of the inherent conflicts. The broker must explain limitations including the inability to advocate for either party's position. This must be disclosed on the RPL 443 Agency Disclosure Form.