CONTINUING EDUCATION REQUIREMENTS

NY DOS LICENSE LAW CHANGE FOR REAL ESTATE LICENSEES EFFECTIVE JULY 1, 2021

ALL real estate licensees renewing after July 1, 2021 will have to fulfill the new NY DOS licensing requirements.  The grandfather clause has been removed!  In order to renew your New York State real estate license after July 1, 2021 you will have to fulfill the following education requirements:

Complete a minimum of 22.5 hours of continuing education.  The 22.5 hours must include a minimum of:

• 3 Hours of Fair Housing
• 1 Hour of Agency (2 hours of agency if renewing for the first time)
• 2.5 Hours of Ethical Business Practices
• 1 hour of Legal Update
• 2 Hours of instruction pertaining to Implicit Bias Awareness (new as of 09/21/2022)
• 2 Hours of Cultural Competency Training (new as of 09/21/2022)
• 11 Hours of elective credit (10 if renewing for the first time)

To view the email notice sent from NY DOS, to all licensees, on 03/23/2022, regarding these two new core requirements CLICK HERE

The Elmira-Corning Association of REALTORS®  will be offering several Live Virtual CE courses as well as LIVE In-Person Classroom courses; many of them fulfill the core courses mentioned above.  We also offer online courses for all of your continuing educaton needs.

NYDOS LICENSE LAW CHANGE FOR APPRAISERS EFFECTIVE JANUARY 1, 2022

All real estate appraisers and assistants are required to successfully complete 28 hours of approved appraiser continuing education courses within their two year license renewal period.  The education must include the seven-hour National USPAP update course and a course of study pertaining to Fair Housing and Fair Lending.  A licensee who previously completed an approved course of study in Fair Housing, Fair Lending and Environmental Issues (RE-2) or (GE-1) prior to January 1, 2022, must complete either the designated four hour or seven hour course on Fair Housing and Fair Lending prior to renewal.  A licensee who has NOT completed RE-2 or GE-1 prior to January 1, 2022, MUST complete the designated seven hour course on Fair Housing, Fair Lending prior to renewal.  For all subsequent renewals, licensees must complete the seven-hour National USPAP update course and either the four hour or seven hour course of instruction pertaining to Fair Housing and Fair Lending within their two-year license/certification period prior to renewal.  Courses will be available at approved schools in the near future and may be completed and applied toward your current continuing education requirements. 

Please note that you must complete an additional 14 hours of approved continuing education for each year that has lapsed if you renew 185 days after the expiration date of your license.

For more information regarding licensure requirements call the NY Department of State at 1-518-486-3803 or visit their website at www.dos.ny.gov

NATIONAL ASSOCIATION OF REALTORS (NAR) ETHICS REQUIREMENT

REALTORS®, this includes appraisers as well as real estate licensees, are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within each three-year NAR® cycle (the current three-year cycle, (cycle 7), is from January 1, 2022 through December 31, 2024). The training must meet specific learning objectives and criteria established by the National Association of REALTORS® (NAR®).   

The National Association of Realtors® (NAR®) has implemented a new requirement for the cycle 7 Code of Ethics Requirement.  We (Local REALTOR® Associations) can only accept completion certificates from education providers that we "partner" with.  That means you have to take 2.5 hours of Ethics Training through one of the following to fulfill this NAR® Ethics requirement:

• a local Realtor® Association
• a state Realtor® Association
• NAR®
• or our online CE partners

To add to the confusion, 2.5 hours of "Professional Business Ethics" is one of the 6 mandatory core courses required to renew your real estate license with the New York Department of State.  Some ethics courses may qualify for NYDOS CE credit, but not NAR's ethics training..  Be sure to confirm if the ethics course you are taking is approved for CE, NAR's Ethics Training, or both.

Remember...

• Continuing Education is needed to keep your real estate LICENSE
• NAR's Ethics Training is needed to keep your REALTOR® MEMBERSHIP

Below is a list of members of the Elmira-Corning Association of REALTORS® who have fulfilled their ethics requirement for the current cycle, (cycle 7) January 1, 2022 – December 31, 2024.  If you have any questions, please call Sandy at 607-562-7035.  *ECRAR Members- if you do not see your name listed below, please send your completed Code of Ethics Certificates to srose@elmira-corningrealtors.com                      (LAST UPDATED (12/04/2023)

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