New York Real Estate Practice Exam (2024)

[@USRealtyTraining]

✅ 🎓💯Get our exam prep package and our exam crash course videos! www.restateexamprep.com/states/new-york

[@1BodyMedia]

Praise to God! I passed my New York Real Estate Exam on the first try! These videos helped me a lot! Thanks so much! For everyone studying, you can do it keep going and never quit! God bless you.

[@USRealtyTraining]

That's amazing! Congratulations! So glad that these videos could help you pass. What's your next step from here?

[@1BodyMedia]

Thanks! My next step is finding the right brokerage.

[@JD_walkerDa1]

Congratulations. I'm waiting to take mine today in a few minutes, at 9am. I'm excited

[@JD_walkerDa1]

@USRealtyTraining i passed my New york State exam on the first try. These videos are amazing

[@ChaseMilner1]

Thank you Bob for helping us with the New York real estate exam!

[@USRealtyTraining]

Thanks for watching! Glad you liked the video. Best of luck on your RE exam, Chase.

[@Dana_Lynn]

I appreciate you giving us an explanation of each answer, a lot of other videos I've seen just tell you what the answer is and then move on without explanation so I find this very helpful, thank you for your time and effort in creating these videos!

[@USRealtyTraining]

Really glad it was helpful! Thanks for watching.

[@MelissainMalibu]

Does anyone else find these videos super helpful but each person for the most part except for Joe at Prep Agent reminds me of Alex Tribek Spell - HAHA he is reading the answers but delivers them as he already knows.. - cracks me up!!!

[@UC_Howdee]

Dual agency is possible in NYC if disclosure is provided to both parties And agreed upon by the client. So my question is by saying it results in conflict of interest which would violate fiduciary duties. Please elaborate.

[@USRealtyTraining]

Dual agency will only become a conflict of interest when it is done without the consent of both parties. It is completely legal in New York and can be ethically done, but you need to have both parties agree to be represented by the same agent. This question makes dual agency more confusing than what it needs to be. Hope this clarifies things for you! Let me know if you have more questions.

[@sollunaystars]

Exactly

[@nicolasli805]

I thought the same, but it is because the question did not specify "consensual dual agency" is why it is a conflict of interest.

[@billf4434]

Bob, I did not think a mortgage broker could approve a loan? I thought that is beyond their scope?

[@jimc01ny]

I think the answer should be the mortgage banker and not the mortgage broker.