If your real estate license is revoked, how long do you have to wait to reapply for it?

When a real estate license is revoked, the individual must wait a specified period before being eligible to reapply for a new license. In New York, the waiting period is set at one year. This timeframe is established to ensure that the individual has had enough time to reflect on the reasons for the revocation and to demonstrate accountability. It also allows the regulatory authorities time to assess whether the individual has taken corrective actions or completed any necessary requirements to address the issues that led to the revocation in the first place.

This one-year waiting period serves as a regulatory measure that aims to maintain the integrity and professionalism of the real estate industry by ensuring that only qualified and responsible individuals are allowed to operate as real estate salespersons.