To maintain an active license, a NC Real Estate broker must take 8 hours of continuing education each year. Provisional Brokers and non-BIC Brokers must take the General Update course and one NC Real Estate Commission approved elective. BICs and BIC-Eligible Brokers should take the BICUP (Broker-in-Charge Update) course and one Commission-approved elective. The Update course must be taken in the classroom and the electives can be taken either in the classroom or online. Real Time Learn offers online video-based electives approved by the NCREC to meet your elective continuing education requirement and to renew your NC real estate license.
If you have a NC real estate license and are not a resident of North Carolina, you have additional options for completing your continuing education. To be considered a nonresident North Carolina real estate broker, a licensee cannot have EITHER a North Carolina business address, mailing address or residence address. If you are classified as a non-resident by the Commission, then you have several options which are listed here on the NC Real Estate Commission website. One of the most convenient options that doesn’t require you to travel to North Carolina for the Update course, is to take two, 4-hour approved electives online. If you have any question about your status as a nonresident, please contact the NC Real Estate Commission at 919 875 3700 and they will confirm your nonresident status and eligibility to complete your continuing education requirements completely online. This option applies ONLY to nonresident licensees.
Checking your continuing education credit record
Checking your continuing education credit record is easy to do by going to the NC Real Estate Commission website at www.ncrec.gov, click the “Licensing” tab, and then click “Licensee Login.” You will be prompted to enter your license number (found on your pocket card) and your PIN, which is the last four digits of your SS# unless you have changed it. Once you are logged in, click “CE License Information” and it will give you a complete history of the continuing education courses you have taken over the years. It is always a good idea to check this site approximately 15 days after you have completed a continuing education course to ensure that the continuing education sponsor reported your credit to the NC Real Estate Commission. If you don’t see the course listed in your official record, then contact the continuing education sponsor with whom you took your course.
Carrying over elective credit to the next year
While only 4 hours of elective credit is required each year, you may carry over up to a maximum of 4 hours of elective credit as well. If you find a CE approved course that is of interest and would be beneficial to your business, you can go ahead and take that additional course in the same license year and have it carry forward to the next license year for to satisfy your continuing education elective requirement for the next license year. You will be one step ahead of the game and ONLY have to take the Update course in the following license year which runs from July 1 – June 30 (June 10 deadline for CE). Again, it is very useful to login to the NCREC website and to check your credit record. These carry forward hours will show under the “Carry Over Year” column in your transcript. Note that regardless of the length of the class (4 hours, 8 hours, 12 hours, etc), the maximum amount of credit that will be rewarded by the NC Real Estate Commission for one class is 4 hours.
Courses Must Be Completed by June 10
Continuing education must be completed each yearly license period between July 1 and June 10. There is a Commission required blackout period where no continuing education may be offered between June 11 and June 30 of each year to allow time for sponsors to file reports with the Commission and for the Commission to process these reports. All continuing education must be completed BEFORE midnight on June 10.
Real Time Learn stays open late on June 10th to assist students should they need help, however it is highly recommended that students complete their continuing education before June 10th. When a student completes their course with Real Time Learn, they will immediately be able to download a certificate of completion for their records.
Now All Licensees May Take An Elective Online
Effective July 1, 2014 the NC Real Estate Commission changed the continuing education requirements. Instead of Brokers-in-Charge (and BIC eligible brokers) taking the General Update and the BIC Update as their elective, two separate Update courses were created. Provisional Brokers and Brokers now take the General Update as their mandatory 4-hour update course and Brokers-in-Charge (BICs) and BIC Eligible brokers now take the BIC Update as their mandatory 4-hour update course. The elective can then be taken online or in the classroom. Before, BICs and BIC Eligible brokers did not have the opportunity to select their elective of choice and now they do! You are free to select an approved elective on the topic of your choice and in the format you prefer, either online or in the classroom. Online courses must be completed in 30-days from the date of purchase. Students may start and stop the course to meet their schedule, taking 15 minutes at a time or an hour at time, it is up to the student. The course just needs to be completed within those 30 days of purchase; note this is a Commission requirement and no extensions may be given. Distance learning has a come a long way and we at Real Time Learn have received very positive feedback about our online, video-based classes. The content is relevant to real estate brokers here in the Carolinas and the courses are taught by some of the top instructors and subject matter experts in the industry.