Increases the period of supervision required for certain real estate license applications

This bill (S 8870) increases the required supervision period for new real estate brokers applying for a license from the current standard to four years. It directly affects individuals seeking to become licensed real estate brokers in the state. The key provision extends the supervised experience period from the previous timeframe to a mandatory four-year term before full licensure is granted. This change applies specifically to new applicants, not existing license holders.