In north carolina, who completes the real estate firm license application?

Is it time for a career change? If you are considering real estate, you should know that you are not alone. According to the National Association of Realtors, almost all real estate agents enter the business after leaving behind a different career.

Once you have decided on a career change, you are probably eager to get started. And you are probably wondering just how long it might take you to get your real estate license. As in most states, getting a real estate license in North Carolina comes down to three factors: (1) how many course hours are required before you sit for the examination, (2) the real estate school you attend, and (3) the length of the application process with the state.

Real estate education requirements

In North Carolina, there is only one type of real estate license: broker. That said, however, there are several different categories of broker licenses you can get.

  • Provisional broker—an entry-level license status
  • Broker—an intermediate status where brokers can work independently
  • Broker-in-charge—a higher level where brokers can supervise other brokers

Educational requirements can vary greatly from one state to the next. To sit for the North Carolina real estate exam, students must be at least 18 years old and have successfully passed a North Carolina Real Estate Commission-approved classroom real estate course. The provisional brokerage pre-licensing course offered by Superior is 79 hours, with a minimum of 71.5 hours attended by students. All applicants must then pass the broker exam.

Once you receive your broker’s license from the North Carolina Real Estate Commission, you will have exactly 18 months to complete an additional 90 hours of state-mandated post-licensing education. No need to worry! Superior offers all these courses year-round at multiple times and locations!

Free Income Guide: Learn how much you could make working in North Carolina real estate with this free guide.

How to Get Your Real Estate License

  1. Register for a “provisional” broker pre-licensing course.
  2. Complete the course.
  3. Pass your school’s final examination.
  4. Obtain your licensing pamphlet.
  5. Obtain your criminal background report.
  6. Submit your licensing application online, immediately after passing your real estate course exam.
  7. Receive your approval via email to take the state exam.
  8. Set up your testing appointment online.
  9. Pass the 120-question examination in 3.5 hours.
  10. As a provisional broker, you will work under a broker-in-charge, so you will need to find a brokerage.

Real estate license school

The 75-hour course requirement is offered by a number of private real estate schools, as well as community colleges throughout the state. Each school has a different schedule, but Superior School offers more times and locations than any school in the state. The length of time can be anywhere from a few weeks to a couple of months for course completion.

Choosing a school is a crucial decision in your quest for a new career. You need a school with a solid reputation, top-notch content and instructors, and an emphasis on student success.

Your real estate prelicensing education will take a lot of hard work and cover a lot of material. The education you receive is an important part of getting started with your career as a North Carolina real estate broker.

The state exam is not easy, so you will need to be diligent about your studies. Find out precisely what your real estate education provider does to ensure you pass your examination. At Superior, you get two chances to pass the exam. If you fail a second time, you need to re-take your real estate licensing education course.

Real estate license application and exam process

The application and exam process can also vary, adding anywhere from days to several weeks onto the time it takes to get a license. The good news is that the system in North Carolina is automated, so you’ll be able to see your test results immediately.

If you fail one section of the exam, you can retake only that section; you don’t need to sit for the entire test again.

In all states, including North Carolina, you’ll have to work with a real estate broker as you start your career.

So how long does it take to get a real estate license? With Superior School of Real Estate, you could be licensed in a matter of weeks!

If you’re interested in starting a North Carolina real estate career, you likely have questions. This is a big move! People come to real estate from all walks of life…recent high school graduates, career changers in their mid-30s or 40s, and older people looking to supplement their income during retirement. The state of North Carolina has very specific requirements for people who want to become real estate agents.

First of all, it’s important to establish a few vocabulary terms in North Carolina real estate. In North Carolina, a licensed real estate agent (traditionally called a salesperson in other states) is called a broker. The person at the brokerage who oversees the agents (traditionally called a broker) is called a broker-in-charge in North Carolina. Becoming a real estate broker in North Carolina requires a state-issued license.

Requirements to Qualify to Become a North Carolina Real Estate Broker

To be eligible to become a licensed North Carolina real estate agent, you must:

  1. Be at least 18 years old.
  2. Be a US citizen, a non-citizen national, or a qualified alien under federal law. You are not required to be a resident of North Carolina.
  3. Complete a state-approved 75-hour broker prelicensing course.
  4. Pass the North Carolina State Licensing Examination with a score of at least 75%.
  5. Once you receive your broker’s license from the North Carolina Real Estate Commission, brokers must complete all three postlicensing courses within 18 months of initial licensure to retain eligibility

This list includes all of the basic requirements to earn your North Carolina broker’s license. But launching a successful career will take additional work.

Are You a Good Fit for a Real Estate Career?

Before going through the education and applying to take the licensing exam, you need to make sure you understand what a real estate career entails and determine if you are a good fit. When you work as a real estate broker, you’re the boss. You handle all of the day-to-day functions of your career, including office management, paperwork, lead generation and prospecting, networking, managing relationships, and negotiating transactions on behalf of your buyers and sellers. Do you know any licensed North Carolina real estate brokers? If so, talk to them! Find out what their world is like on a daily basis. Ask about the skills necessary to make a real estate career work. Get the answers you need and decide if you have what it takes to be a full-time real estate broker.

Understand North Carolina’s Real Estate Licensing Requirements

North Carolina has very specific real estate licensing requirements, and those requirements change from time to time. The North Carolina Real Estate Commission’s website has the most current official prelicensing requirements. Kaplan Real Estate Education also has a Steps to Licensing page that provides simple steps to outline what you must do in order to earn your North Carolina real estate broker’s license.

Enroll in a North Carolina Real Estate Prelicensing Course

As listed previously, in North Carolina, you must complete your 75-hour real estate prelicensing course in a live online or online classroom. These courses are offered by a number of private real estate schools, as well as community colleges throughout the state. Choosing a school is a critical decision in your journey. Find a school with a solid reputation, top-notch content and instructors, and a focus on student success. The state exam is not easy. It’s also important to ask your real estate education provider if they offer any guarantees for prelicensing students. Your real estate prelicensing education will take a lot of hard work and cover a comprehensive breadth of material. The education you receive will lay the foundation for your career as a North Carolina real estate agent.

Apply To Take the North Carolina Real Estate Broker Exam

You need to apply to the North Carolina Real Estate Commission to take your exam. Once you apply for your license, you will receive your notice of examination eligibility from the Commission. Once you have received the notice, you can schedule your North Carolina real estate licensing exam with AMP, the state’s exam provider. You have three years from the date your application is filed to pass the licensing exam.

Pass the North Carolina Real Estate Broker’s Exam

Completing your education requirements is a critical first step toward passing the exam. But it often isn’t enough for most students. You’ll likely need to spend more time studying. Kaplan Real Estate Education highly recommends enrolling in an exam prep class. All of the work you do will be for naught if you don’t pass the state exam. Our prelicensing course comes with free enrollment in our comprehensive exam prep course. Completing practice exams, identifying and quantifying your strengths and weaknesses, and immersing yourself in comprehensive review of topics will develop your knowledge and prepare you to pass the exam.

On exam day, show up with a positive attitude. Use the knowledge you’ve acquired to master the exam and walk out with a 75% or better. You’ve done the work…now reap the rewards!

You’re Almost Ready to Start Your North Carolina Real Estate Career

Passing the exam is a requirement to practice as a licensed North Carolina real estate broker. But now you need to find a broker-in-charge to hang your license with. As a real estate broker, you are licensed to act on behalf of a broker-in-charge and may not act as broker independently. Many people will begin seeking a broker early in the licensing process.

The license you receive will be a Provisional Broker’s License. The state of North Carolina requires that you also complete postlicensing education to remove the provisional status of your license. There are three 90-hour courses you must complete. You must complete all three courses within 18 months of licensure to complete your postlicensing education.

Good luck on your journey to becoming licensed and launching your successful North Carolina real estate career! No two days will be the same, but they will all be a part of your rewarding and exciting journey in real estate.

Which of the following is a required attachment to the North Carolina real estate firm license application?

REQUIRED ATTACHMENTS: A copy of the company's written partnership agreement listing all partners and their power and authority. If no written partnership agreement exists, the applicant must provide a written description of the rights and duties of the partners and the name of each partner.

What are the requirements for a real estate license in NC?

Requirements to Qualify to Become a North Carolina Real Estate Broker.
Be at least 18 years old..
Be a US citizen, a non-citizen national, or a qualified alien under federal law. ... .
Complete a state-approved 75-hour broker prelicensing course..
Pass the North Carolina State Licensing Examination with a score of at least 75%..

Who needs a firm license in NC?

When do I need a firm license? Any type of business entity, other than a sole proprietorship, must have a firm license to engage in brokerage.

Who does not need a firm license in NC?

There is only one instance where a firm license is not required: a sole proprietorship, which is a business owned and managed by one person who is personally liable for all of its debts and obligations. Every other business entity must be licensed by the Commission and meet various other requirements as outlined below.