NY RE Broker case studies
NY RE Broker · Put your knowledge to work in context.
The New York Real Estate Broker License Examination is the state assessment tied to the broker license administered by the New York Department of State. Under the state's definition, a real estate broker is any person, firm, limited liability company or corporation that, for another and for a fee, commission or other valuable consideration, lists for sale, sells, exchanges, buys, rents, negotiates loans secured by real estate (other than residential mortgage loans as defined in §590 of the Banking Law), collects rent, or acts as a tenant relocator. The NY RE Broker case studies are 5 cases and about 3,453 words.
1The Team Leader Who Wants to Pay a Finder
Dana runs a three-person team under the license of Hudson Valley Partners Realty, a NY brokerage. Her cousin Marcus, who holds no real estate license and never has, has started sending her leads from his job at a moving company.
725 words, about 4 min2The Branch Office That Existed Only on Paper
Rosa is the qualifying broker of record for Crossroads Realty's main office in Buffalo. In March she opens a second location in Amherst: a leased suite with a reception desk, two desks for agents, a sign, and its own phone number.
686 words, about 3 min3The "Equal Treatment" Screening Script
Nadia is the broker-owner of Lakeview Realty and has just taken over management of a 40-unit apartment building's rental listings. Her office manager, Theo (unlicensed), drafts a tenant screening script to make processing "consistent." The script says: (1) ask each caller how many people will live in the unit and whether any are children; (2) ask whether the applicant receives any disability or public assistance income; (3) require a credit score of 700; (4) require that the applicant be able to communicate in English without an interpreter; (5) for applicants with service animals, require a $300 pet deposit and a letter from a doctor.
678 words, about 3 min4The Team's Instagram and the Missing Brokerage Name
"The Rivera Group" is a team operating under the license of Summit & Pine Realty. The team leader, Luis, runs an Instagram account with 22,000 followers under the handle @RiveraGroupHomes.
730 words, about 4 min5The 75-Hour Problem and the Office That Wants to Skip It
Devon passed the NY salesperson exam in January and wants to be sponsored by Beacon Realty. Beacon's principal broker, Ms.
634 words, about 3 min