10 reviews for New York Real Estate Institute

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  May 09, 2012 by by Margo0612 at Citysearch

  Recently, I decided to switch my career from Banking to Real estate. I Googled real estate schools and instantly came across New York Real Estate Institute. I was pleased with its website for its user-friendly navigation and I noticed two pictures of Donald Trump’s kids, Ivanka and Donald Jr, on the front page, which of course sparked my interest even more. I made a decision to sign up with the school to get me prepared for my real estate sales exam. The minute I opened the door the place looked like a social security office, just much dirtier. When I entered the classroom (classroom B) I was in shock. There must have been 50-80 chairs crumped up in a small room which really should hold no more than 30. There were so many chairs placed so tightly next to one another that it made it impossible to cross the room sideways, just forward to back. I am very slim and even so it took me a lot of effort to get from the first row to the fifth row. To make matters worse I couldn’t even find a table that didn’t have a gum stuck to it or some crumbs or a coffee stain. Mind you this class started at 9am, meaning that the room probably wasn’t clean the day before. I ended up putting a newspaper that I happened to have on me on the desk as a cover. I sat at the desk and patiently waited for the teacher to show up. She finally showed up at 9:30 (in her defense, she apologized and mentioned that she didn’t feel well and that the school couldn’t find a replacement). When the class finally began the teacher took the textbook and started reading it and she continued to read it until the break, which was at 11am. I couldn’t wait to get out. I took my belongings and proceeded to the main office. I asked to be switched to an on-line course. The woman who was working in the office asked me what’s the reason – I told her that this type of environment is just not conducive for learning. To my big surprise she didn’t even reply but simply proceeded to switch me to an on-line class. And that was my experience with NYREI. I am willing to give them a benefit of a doubt. Maybe something happened to the cleaning services the night before, and maybe too many chairs were brought up to accommodate the larger population of all unemployed people of NYC who decided to try their luck at real estate sales. Maybe the teacher was reading the textbook because she didn’t feel well and couldn’t remember the material by heart. I really hope this experience doesn’t represent the world of real estate in NYC but first impressions are very important.

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  Apr 21, 2012 by by robert1122440 at Citysearch

  This place signs up wide-eyed, naive real estate agent wannabes by the thousands. Most are totally unqualified for the huge task of building a network of clients in a city like New York. Yet, NYREI gladly takes their money and crams them into tiny (fire hazard filled) classrooms (while at the same time filling their heads with promises of making "big bucks.") During class breaks, they parade in slick recruiters from the local sweatshop rental agencies who spout even more outrageous claims. The fact is, there are more than 25,000 licensed agents in New York City for about 10,000 sales listings. After taxes, expenses, and broker splits, most of these new agents will never see a dime. In fact, most will go their whole career without ever scoring even ONE exclusive. For every Dolly Lenz, John Berger, and Rapheal Dinero there are literally thousands who fail. To succeed in New York City real estate, you have to have MAJOR contacts and a sophisticated understanding of business, marketing, property development, architecture, and design. You have to be a player on the social scene and have media saavy. And, you need major capital available to invest so that you can aggressively market and promote yourself. Many of the people this "school" lures in have no education beyond high school (some don't even speak English). They have few job prospects in this economy and therefore are particularly vulnerable to scams such as the ones found at NYREI. The Attorney General and Department of State really need to take a closer look.

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  Jun 18, 2010 by by CSMobileUser at Citysearch

  Wonderful teachers with a great sense of humor. The book is also clear and easy to read.

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  Jun 15, 2010 by by wildberries11 at Citysearch

  The schedule is great. Teachers are helpful. Highly recommend the crammer review book for studying. Job placement assistance is great!

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  May 24, 2010 by by Mrivera89 at Citysearch

  I love the fact that NYREI offers classes seven days a week. It's super convenient for me to attend classes after work and even on the weekends. The staff is friendly and knowledgeable, the content is easy to understand, what a relief! Reasonable prices, and a convenient location!

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  Jul 08, 2006 by by kmag1 at Citysearch

  After researching other schools I found that NYREI was the most convenient and flexible and I was able to make my own schedule. The classes were taught by very knowledgable teachers. Concerned with finding a job it was a relief that everyday different brokers came in and I was able to talk with them. The school was great and everyone that works there was knowlegable and helpful.

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  Jul 07, 2006 by by velezeroci at Citysearch

  I work part time and was able to arrange my schedule so that I could do classes on weekends and 2 days a week. It was so convenient and the classes were so informative. I finished at the school and had a job lined up right away.

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  Jul 06, 2006 by by maryrose2006 at Citysearch

  I attended REI while working full time and it was really easy to find a class to fit my schedule. I was able to network at classes and passed my exam. Overall the courses were informative and many times to choose from. Anyone contemplating getting their real estate license should look into this.

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  Jun 26, 2006 by by laurenb007 at Citysearch

  After much research on which school would provide me with the most in depth and thorough Real Estate education I decided to attend The New York Real Estate Institute. I could not have been more pleased with the outcome of my choice. The level of professionalism and the convenience of the schedule made this school far superior to any other I could have possibly chosen. It was also great that brokers came in every day and recruited so by the time I left I had a broker that was sponsoring me and a job lined up! I loved this school and would highly recommend it.

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  Jun 24, 2006 by by mindycara at Citysearch

  The only place to get your real estate license! Facility is bright and comfortable, teachers are top-notch and they make it simple and easy to start your career. I highly recommend this school. School is always busy and it was a great place to meet other people in my field. The school has all the required classes and is open 7 days a week so it fits easily into your busy schedule.