Real Time Learn NC Real Estate School

  • Facebook
  • Google+
  • LinkedIn
  • Twitter
  • YouTube
Toll-free: 855-785-3663
  • Home
  • Courses
    • NC Real Estate Continuing Education Courses
    • REALTOR® Code of Ethics Training
    • Approved SC Courses
    • NC Real Estate License Exam Prep
    • REAL Skills – Professional Development
  • Blog
  • About Us
  • Contact Us
  • My Account/Login
You are here: Home / Blog / How to Renew Your NC Real Estate License

June 1, 2021 by steve connell

How to Renew Your NC Real Estate License

DNC Real Estate Commissionon’t forget to renew your NC Real Estate license by June 30.  The NC Real Estate Commission requires that you renew your license online at www.ncrec.gov.

If you have a firm license, it too must be renewed by June 30 of each year.

Also, all active brokers will need to renew your NC privilege license with the NC Department of Revenue.  The privilege license tax is $50 each year.

Step by Step Process

Step 1.  As a NC real estate licensee, you may login to the NC Real Estate Commission website to verify that the continuing education courses you completed prior to the June 10th deadline have posted to your account.  Once you login, click “CE License Information” to see a complete historical transcript of your continuing education credits (NCREC approved courses).  Since you can get continuing education from a number of different education providers (private schools, community colleges, NAR, local Realtor associations, etc.), I always recommend that licensees go directly to the NC Real Estate Commission website to periodically check their CE transcript and verify that classes have been reported and recorded.  One feature that the NCREC has implemented is to send an email to licensees once an education provider has reported the  student’s completion of a course to the Commission.  Make sure your contact information (including email address) is up-to-date with the NCREC.  It is also important to save your certificates of completion from education providers in the event you need to show evidence of completion.  If you renew your license without completing all of your CE, your license status on July 1 will go to INACTIVE.

Step 2.  Renew Your NC Brokers License by June 30 on the NCREC website.  You may renew as early as May 15th and you DO NOT need to have your CE completed to go ahead and renew your license.  It takes 10 minutes and I highly recommend you do it as soon as possible.  The cost is $45.  If you don’t renew your license, the status on July 1 will be EXPIRED.

Step 3.  If you have a firm license, renew it online by June 30 on the NCREC website.

Step 4.  Pay your NC privilege tax.  This bill should be mailed to you the first quarter of each year and is due by June 30.  View the complete statute on the requirements for a professional to have a privilege license.  In summary, the statute says every individual in NC who practices a profession or engages in a business and is included on the list must obtain a statewide license for the privilege of practicing the profession or engaging in the business from the Secretary. A license required by this section is not transferable to another person. The tax for each license is fifty dollars ($50.00) per year.

If you need to apply for a privilege license or change your address, you can get those forms here on the NC Department of Revenue website.  The NCDOR site states that privilege renewal fees can not be paid online.

Summary of Helpful Links

Renew Your NC Brokers License

Renew a NC Firm License

NC Privilege License Statue

NC Privilege License Application and Change of Address Forms 

I hope this information proves helpful to NC real estate licensees and real estate firms.

Sincerely,

Steve Connell
Real Time Learn

 

Print Friendly, PDF & Email
Tweet
Share
Pin
Share115
115 Shares

Filed Under: Blog

Search Form

Recent Posts

  • How to remove a NC real estate continuing education deficiency and reactivate your license.
  • REALTOR® Code of Ethics training due December 31, 2024
  • How to Renew Your NC Real Estate License
  • How to check your NC Real Estate Continuing Education transcript
  • NC Real Estate Covid-19 CE Extension

Sponsor

About RealTime Learn

We specialize in online video courses approved for Real Estate Commission credit, taught by local, award-winning instructors. Our courses are developed by local real estate professionals who are subject matter experts with real-world experience specific to real estate in the Carolinas. The result is anywhere, anytime online CE from the top instructors you know and trust in a VIDEO format students love.

Quick Links

  • My Account/Login
  • Courses
  • Markets
  • Contact Us
  • Privacy Policy

Toll-free: 855-785-3663

Real Time Learn
11035 Golf Links Drive #79225
Charlotte, NC 28277

© 2023 Real Time Learn NC Real Estate School · Rainmaker Platform