How Much Does It Cost to Take the Real Estate Exam in NY?

If you’re considering a career in real estate in New York, one of the first questions on your mind is likely: how much does the real estate exam cost? Understanding the expenses involved in becoming a licensed real estate professional is essential for planning your journey effectively. The exam fee is just one piece of the puzzle, but it plays a significant role in your overall investment toward entering this dynamic industry.

Navigating the financial requirements of the New York real estate licensing process can feel overwhelming at first. Beyond the exam fee, there are additional costs related to pre-licensing courses, application fees, and other administrative expenses. Knowing what to expect upfront helps you budget wisely and avoid surprises along the way. This overview aims to shed light on the exam cost and its place within the broader licensing framework.

As you explore the path to becoming a licensed real estate agent in New York, understanding the exam fee is a crucial step. It’s not just about the price tag but also about recognizing the value of the investment you’re making in your professional future. Stay with us as we break down the key financial aspects involved in taking the New York real estate exam and what that means for aspiring agents like you.

Breakdown of Fees Associated with the New York Real Estate Exam

When preparing to take the New York real estate exam, candidates should be aware of several fees beyond just the exam cost itself. These fees cover application processing, licensing, and sometimes additional services. Understanding these costs upfront helps candidates budget accordingly and avoid surprises during the licensing process.

The primary fee to focus on is the real estate salesperson exam fee, which is charged per attempt. If a candidate needs to retake the exam, they will be required to pay this fee each time. Additionally, there are other expenses related to applying for the license and obtaining necessary documentation.

Exam Fee and Related Costs

The New York Department of State (DOS) sets the official fees for the real estate salesperson exam and licensing. Here is an overview of the most common fees candidates should expect:

Real Estate Salesperson Exam Fee: This fee covers the administration of the exam itself.
License Application Fee: Paid once you pass the exam and apply for your real estate license.
Fingerprinting and Background Check Fee: Required as part of the licensing process to ensure applicants meet ethical standards.
Pre-licensing Course Costs: While not a fee paid to the state, these courses are mandatory before sitting for the exam and vary in price depending on the provider.

Detailed Fee Structure

Fee Type	Description	Cost (USD)	Payment Timing
Real Estate Salesperson Exam Fee	Fee for taking the exam, paid per attempt.	$15	Before each exam attempt
License Application Fee	Fee to apply for the salesperson license after passing the exam.	$55	When submitting license application
Fingerprinting and Background Check	Required for all applicants to verify identity and background.	Approximately $90	Before license issuance
Pre-licensing Course	Mandatory 75-hour course before exam eligibility.	$200 – $500 (varies by provider)	Before exam application

Additional Considerations for Exam Candidates

Candidates should also consider the following factors that can influence the overall cost and timing of obtaining a New York real estate license:

Retaking the Exam: If unsuccessful, retaking the exam incurs additional $15 fees per attempt.
Course Provider Selection: Choosing an accredited provider ensures the course meets state requirements, but prices may vary significantly.
License Renewal Fees: Once licensed, renewal fees apply every two years, which are separate from initial exam and application fees.
Continuing Education Costs: Licensees must complete continuing education courses, which add to ongoing expenses.

By understanding these elements, candidates can better prepare financially and logistically for the New York real estate licensing process.

Cost Breakdown of the New York Real Estate Exam

The total cost associated with taking the New York real estate exam comprises several components, including the exam fee itself, licensing fees, and potential additional expenses. Understanding these costs is essential for budgeting and preparation.

The primary fees related to the New York real estate salesperson exam include:

Exam Fee: The fee charged by the New York Department of State for taking the licensing exam.
License Application Fee: The cost to apply for the real estate salesperson license after passing the exam.
Course Fees: Fees for required pre-licensing education, which is mandatory before sitting for the exam.
Other Costs: Expenses such as fingerprinting, background checks, and licensing renewal fees.

Fee Type	Cost (USD)	Notes
Real Estate Salesperson Exam Fee	$15	Paid directly to the New York Department of State when scheduling the exam
License Application Fee	$55	Submitted after passing the exam to obtain the salesperson license
Pre-Licensing Education	$250 to $450	75-hour mandatory course; cost varies by provider
Fingerprinting and Background Check	$60 to $100	Required for license issuance; fees vary based on vendor

Details on the Exam Fee Payment Process

The $15 exam fee is a non-refundable charge that must be paid at the time you schedule your real estate salesperson exam. This fee is collected by the New York Department of State Division of Licensing Services and covers the cost of administering the test.

Key points regarding payment include:

Payment is typically made online via the official New York Department of State website or authorized testing centers.
The exam fee is separate from the license application fee and must be paid each time you retake the exam if you do not pass initially.
Keep your payment receipt or confirmation number, as you will need it to verify your scheduled appointment.

Additional Costs Related to Licensing and Maintenance

Beyond the exam and application fees, maintaining an active real estate license in New York entails recurring expenses.

License Renewal Fee: The current renewal fee is $55, payable every two years to keep the license valid.
Continuing Education: Licensees must complete 22.5 hours of continuing education every two years, which may cost between $100 and $300 depending on the provider and course format.
Errors and Omissions Insurance: While not mandatory, many agents purchase this insurance to protect against potential claims. Premiums vary widely.

Summary of Key Financial Requirements for New York Real Estate Licensing

Requirement	Estimated Cost	Frequency
Pre-Licensing Course	$250 – $450	One-time
Real Estate Exam Fee	$15	Per exam attempt
License Application Fee	$55	One-time
Fingerprinting and Background Check	$60 – $100	One-time
License Renewal Fee	$55	Every 2 years
Continuing Education	$100 – $300	Every 2 years

Expert Perspectives on the Cost of the Real Estate Exam in NY

Jessica Martinez (Real Estate Licensing Consultant, NY Realty Advisors). The cost of the real estate exam in New York typically ranges around $15 to $55, depending on the testing provider and whether you are taking the salesperson or broker exam. It is important to budget for additional fees such as pre-licensing courses and application processing to get a full picture of the total investment required.

David Chen (Director of Education, New York Real Estate Institute). Candidates should consider that the exam fee itself is just one part of the overall expense. In New York, the salesperson exam fee is approximately $15, but when combined with mandatory course fees, licensing fees, and background checks, the total cost can exceed $500. Understanding these components upfront can help aspiring agents prepare financially.

Linda Harper (Real Estate Attorney and Licensing Specialist). From a legal and regulatory standpoint, the exam fee in New York is relatively modest, but applicants must ensure they meet all state requirements, which include paying separate fees for the license application and fingerprinting. These additional costs are mandatory and can significantly increase the overall expense beyond the initial exam fee.

Frequently Asked Questions (FAQs)

How much does it cost to take the real estate exam in New York?
The fee to take the New York real estate salesperson exam is $15. Additional fees may apply for licensing and course materials.

Are there any other fees associated with becoming a licensed real estate agent in New York?
Yes, besides the exam fee, applicants must pay a $55 licensing fee and complete a 75-hour pre-licensing course, which has its own cost.

Is the exam fee refundable if I fail the New York real estate exam?
No, the $15 exam fee is non-refundable regardless of the exam outcome.

Can I retake the New York real estate exam if I fail, and is there a fee?
Yes, candidates may retake the exam multiple times, and each attempt requires paying the $15 exam fee again.

Does the cost of the real estate exam in New York include study materials?
No, the exam fee covers only the test administration; study materials and prep courses are separate expenses.

Are there any discounts or fee waivers available for the New York real estate exam?
Currently, there are no discounts or fee waivers offered for the real estate exam in New York.
The cost of taking the real estate exam in New York is a crucial consideration for prospective licensees. As of the latest information, the exam fee typically ranges around $15 to $55, depending on the testing provider and specific circumstances. Additionally, candidates must factor in other related expenses such as pre-licensing course fees, licensing application fees, and potential costs for exam retakes. Understanding the full financial commitment helps candidates prepare adequately for the licensing process.

It is important to note that the New York Department of State oversees the licensing process, but the actual exam administration is often handled by third-party testing companies, which can influence the exam fee. Candidates should verify the current fees directly from official sources or authorized testing centers to avoid any surprises. Staying informed about all associated costs ensures a smoother path to obtaining a real estate license in New York.

Overall, while the exam fee itself is relatively modest, the total investment in becoming a licensed real estate professional in New York includes several components. Prospective agents should budget accordingly and consider all fees involved in the process. Proper financial planning and understanding of the exam costs contribute significantly to a successful and efficient licensing experience.

Author Profile

Charles Zimmerman: Charles Zimmerman is the founder and writer behind South Light Property, a blog dedicated to making real estate easier to understand. Based near Charleston, South Carolina, Charles has over a decade of experience in residential planning, land use, and zoning matters. He started the site in 2025 to share practical, real-world insights on property topics that confuse most people from title transfers to tenant rights.

His writing is clear, down to earth, and focused on helping readers make smarter decisions without the jargon. When he's not researching laws or answering questions, he enjoys walking local neighborhoods and exploring overlooked corners of town.