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| Questions |
| 1) |
What are the requirements to become a North Carolina Real Estate Agent? |
| 2) |
What does a Real Estate Agent do? |
| 3) |
What are the license categories in NC? |
| 4) |
What is a provisional broker's license? |
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How long is the real estate broker's course? |
| 6) |
Is there a test? |
| 7) |
How does a real estate license become active? |
| 8) |
What is required to maintain a license? |
| 9) |
What is the fee for the state exam? |
| 10) |
What other courses could I take that would assist me with my real estate career? |
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| Answers |
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| 1) |
What are the requirements to become a North Carolina Real Estate Agent? |
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To become a North Carolina Real Estate agent you must:
• Be at least 18 years of age
• Be a US Citizen or lawful permanent resident
• Have a social security number
• Show proof of residency in any state in the US
• Not have been convicted of a felony or crime involving moral turpitude
• Complete and pass the state approved 75 hour Broker Pre-License course or equivalent board approved qualifications
• Pass the state exam
• Submit application with appropriate fees |
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| 2) |
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A Real Estate agent is a person licensed by a state to represent a buyer or seller in a real estate transaction in exchange for a commission. Unless they are also brokers, agents must work in association with a real estate broker or brokerage company. |
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| 3) |
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There are 4 license categories in NC, Provisional Broker, Broker, Broker-In-Charge and Firm. |
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| 4) |
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A provisional broker’s license is issued when a person has met all license qualification requirements (including passing the license exam). They may generally perform the same acts as a broker so long as he or she is supervised by a broker-in-charge. Once licensed, a provisional broker must complete a post license course of at least 3 - 30 hour courses with in 3 years after licensure. This must consist of Broker Relationships and Responsibilities, Contracts and Closing and Selected Topics. Once this is completed you will be issued a brokers license and may either continue to work for other brokers or brokerage firms or open and operate your own real estate business. |
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| 5) |
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The course is a total of 75 hours, which is the minimum mandated by the state. Currently AREA is only offering distance education for Continuing education courses as Broker pre license courses may not be offered in distance education at this time. |
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| 6) |
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Yes. This course requires a school exam as well as a state exam. |
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| 7) |
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In order to have an active real estate license you must be affiliated with a broker-in-charge. |
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| 8) |
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All brokers must complete 8 hour annually of continuing education, this must include 4 hours of the mandatory Real Estate update course plus one 4 hour elective course. |
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| 9) |
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The fee for the state exam is $66 payable to PSI the exam center, upon scheduling your examination. |
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| 10) |
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AREA’s Home Inspection and Appraisal courses will help you expand your knowledge and help you better serve your clients when you are out on the field. We offer both of these courses in online format are always happy to welcome back past students. |
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