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Real Estate

The North Carolina Real Estate Commission has discontinued issuing salesperson licenses. Instead, broker licenses are now required.

SCC offers the course required by the North Carolina Real Estate Commission for all interested new real estate professionals. The course prepares the student to sit for the state exam to qualify for licensure. The class is based on the new 75-hour broker prelicense course requirement. This class will be 78 hours at SCC; 80 percent attendance will be required.

"Each newly licensed broker will be classified as a "provisional broker." The provisional broker must within three years of initial licensure complete an additional 90-hour post-licensing education program in order to retain his or her broker license (and terminate the "provisional" license status). Until the new licensee has completed the 90-hour post-licensing education program, these provisional brokers would have to be supervised by a broker-in-charge whenever they engage in real estate brokerage (same as for salespersons currently.) If a provisional broker does not complete the 90-hour post-licensing education program within three years, his or her broker license will be cancelled." North Carolina Real Estate Commission, 2005)

Concerned about where you are with regard to the new laws? Visit: www.ncrec.state.nc.us.

Contact Betty O'Neal at (704) 991-0142 or at boneal8048@stanly.edu for further information. Textbook required.

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