NC Real Estate Broker-Myers Jackson-North Carolina Real Estate

North Carolina real estate broker-Myers Jackson-North Carolina real estate. On Saturday, June 25th, Myers accomplished another task on his licensure quest. In the state of North Carolina. Truly, Myers is already a licensed auctioneer in the state. He is now as well a North Carolina real estate broker #331732.

North Carolina Real Estate Broker License Requirements

In North Carolina, newly licensed brokers are not permitted to work independently. New brokers must work under the supervision of a broker-in-charge. These brokers have 18 months from the date of their license to remove the provision. Achieving this removal comes when the new broker completes 90 hours of post-licensing education. There is an exception to this rule of provision. Such exception exists if the applicant qualifies based on broker licensure from another jurisdiction. In such circumstance the broker is NOT under provision. Following are requirements for brokers in North Carolina such as NC real estate broker-Myers Jackson-North Carolina real estate.

“BROKER LICENSE (FOR INDIVIDUALS)

PROVISIONAL BROKER STATUS:

This is the entry-level license status for an individual broker license. Upon satisfying all the license qualification requirements (including passing the license examination) most license applicants are initially issued a provisional broker license, which is technically a broker license on provisional status.

A provisional broker must be under the supervision of a broker-in-charge to be on active status and legally provide brokerage services.

To remove provisional status, a provisional broker must complete the 90-hour Postlicensing education program.

BROKER STATUS:

This is the primary license status for a broker license

One generally becomes a broker by first becoming a provisional broker and satisfying the Postlicensing education requirements to terminate the provisional status of the license.

A “full” broker can engage in brokerage EITHER as an affiliated agent of a real estate brokerage company (firm or sole proprietorship) under a broker-in-charge (BIC) OR independently as a sole proprietor or an entity.

An independent broker-sole proprietor must be a broker-in-charge to lawfully engage in most brokerage activities.

BIC ELIGIBLE STATUS:

This status is granted to a broker who has…

satisfied the BIC Eligible qualification requirements;
submitted a Request for BIC Eligible Status and/or BIC Designation form (REC 2.25); and
successfully completed the 12-hour Broker-in-Charge Course within one year prior to or 120 days after submitting form REC 2.25.

BROKER-IN-CHARGE DESIGNATION:

A broker with BIC Eligible status may be designated as a Broker-in-Charge (BIC). Each real estate firm or sole proprietorship must have a BIC for each office.

A BIC is responsible for:

(1) assuring that all brokers employed at the office are maintaining active, current licenses and are

maintaining up-to-date information in Commission records;

(2) notifying the Commission of firm name or address changes;

(3) advertising;

(4) maintaining trust/escrow account(s);

(5) retaining records;

(6) supervising provisional brokers;

(7) ensuring that all affiliated brokers are adhering to agency agreement and disclosure requirements; and

(8) notifying the Commission in writing that he or she is no longer serving as BIC of a particular office

within 10 days following any such change.

[Visit the Commission’s website (www.ncrec.gov) for more information on broker-in-charge requirements and responsibilities.]

FIRM LICENSE (FOR ENTITIES):

This is the primary individual license status for an entity broker license.

This license is issued to a business entity, such as a corporation, limited liability company, limited partnership, general partnership, association, or joint business venture.

A sole proprietorship does NOT need a firm license because no entity has been created.

The application form and instructions for this license are provided on the Commission’s website (www.ncrec.gov).

LIMITED NONRESIDENT COMMERCIAL LICENSE (FOR INDIVIDUALS):

A limited nonresident commercial broker (LCB) license is a license issued to a person who:

• does NOT live in North Carolina (NC),

• has an active real estate broker or salesperson license in another state,

• wants to enter NC to engage in a commercial transaction as an affiliated agent with his/her out-of-state

brokerage company, and

• must enter into a Declaration of Affiliation and a Brokerage Cooperation Agreement with a resident NC

broker who will be responsible for supervising the nonresident.

This restricted license permits the nonresident to enter NC to engage only in “commercial real estate transactions” as defined in Commission Rule 58A .1802(1).

If the LCB obtains any home, business or delivery address in North Carolina, the individual must apply for and obtain an unrestricted NC broker license in order to engage in brokerage.

The application form and instructions for this license are provided on the Commission’s website (www.ncrec.gov) under Forms \ Application Forms.

LICENSE QUALIFICATION REQUIREMENTS

To qualify for an individual real estate broker license, an applicant must:

1) Be at least 18 years of age;

2) Be a United States citizen, a non-citizen national or a qualified alien under federal law, or have a lawful presence in the U.S. and be authorized to work in the U.S. in the real estate brokerage field. [Note: A holder of a U.S. Permanent Resident Card (“Green Card”) is a “qualified alien.” Work authorization in the U.S. for most other aliens requires a U.S. immigration visa (rather than a visitor visa) and/or an Employment Authorization Document from the U.S. Citizenship and Immigration Service that permits work in the real estate brokerage field.];

3) Have a Social Security Number;

4) Satisfy one of the Education Qualification Options listed below;

5) File a complete application and fee;

6) Pass the two-part real estate license examination (Exceptions: Persons eligible to bypass the license

examination or to take only the State section of the examination under qualification option #4 below and some license reinstatement applicants); and

7) Satisfy the Commission that the applicant possesses the requisite character for licensure.

Education Requirement

License applicants must complete the 75-hour North Carolina Broker Prelicensing Course at/through a Commission-certified Education Provider or possess education and/or real estate experience the Commission finds equivalent to such course.

Education Qualification Options

Shown below are four (4) options for satisfying the education requirement. Option 1 is the base requirement to complete the 75-hour North Carolina Broker Prelicensing Course, which will be the required qualification method for a vast majority of license applicants. Options 2-4 are options for demonstrating “equivalent real estate education and/or experience.”

NOTE: THE REAL ESTATE LICENSE EXAMINATION IS REQUIRED FOR MOST APPLICANTS. APPLICANTS APPLYING UNDER EDUCATION QUALIFICATION OPTIONS 1-3 BELOW MUST PASS BOTH THE NATIONAL AND STATE SECTIONS OF THE NORTH CAROLINA REAL ESTATE LICENSE EXAMINATION. APPLICANTS QUALIFYING UNDER EDUCATION QUALIFICATION OPTION 4 MAY CHOOSE TO BYPASS THE EXAMINATION OR TO TAKE ONLY THE STATE SECTION OF NORTH CAROLINA’S REAL ESTATE LICENSE EXAMINATION.

OPTION #1: COMPLETION OF THE 75-HOUR NORTH CAROLINA BROKER PRELICENSING COURSE

An applicant (resident or nonresident) may qualify to take the North Carolina real estate license examination by successfully completing, within three (3) years prior to license application, the Commission-approved 75-hour North Carolina Broker Prelicensing Course. This course is only provided by Commission-certified Education Providers.

Required Documentation

Commission-certified Education Providers will electronically report all successful completions of the 75- hour North Carolina Broker Prelicensing Course automatically to the Commission to be paired with online license applications.

OPTION #2: COMPLETION IN ANOTHER STATE OF AN EQUIVALENT REAL ESTATE SALESPERSON PRELICENSING COURSE

An applicant may seek a waiver of the 75-hour North Carolina Broker Prelicensing Course based on completion of equivalent salesperson prelicensing education in another state.

Per Commission Rule 58A .0304, to qualify for such waiver, the completed prelicensing education in the other state MUST: 1) have consisted of at least 75 hours of instruction [no partial credit granted];

2) have been completed within one (1) year prior to North Carolina license application and while the

applicant was a resident of the other state; and

3) be parallel to the topics and timings described in the Commission’s Prelicensing course syllabus.

Required Documentation

A course completion certificate or transcript evidencing the successful completion of a prelicensing education program that meets the requirements stated in Rule 58A .0304.

OPTION #3: EQUIVALENT REAL ESTATE EDUCATION

An applicant may seek a waiver of the 75-hour North Carolina Broker Prelicensing Course based on completion of substantial real estate education other than prelicensing courses.

Per Commission Rule 58A .0304, to qualify for such waiver, the applicant must have a baccalaureate or higher degree in the field of real estate, real estate brokerage, real estate finance, real estate development, or a law degree conferred on the applicant from any college or university accredited by a college accrediting body recognized by the U. S. Department of Education.

Required Documentation

A transcript evidencing the successful completion of a baccalaureate or higher degree that meets the requirements stated in 58A .0304.

OPTION #4: CURRENT LICENSURE AS A REAL ESTATE SALESPERSON OR BROKER IN ANOTHER STATE

An applicant who holds a current real estate license in another state (or U.S. territory or Canadian jurisdiction) that is equivalent to NC’s provisional broker license and that has been on active status within the previous three (3) years may

EITHER

1) submit an application, including criminal record report, certification(s) of licensure, and application fee, 2) pass the State portion of the license examination, and

3) be issued a provisional broker license (assuming requisite character requirements are met) and be subject to the Postlicensing education requirement;

1) submit an application, including criminal record report, certification(s) of licensure, and application fee, and 2) be issued a provisional broker license (assuming requisite character requirements are met) and be subject to the Postlicensing education* requirement.

*Please note that provisional brokers who applied for an NC license based on licensure in another jurisdiction and who opted not to take the State section of the license examination are NOT eligible for any waiver of Postlicensing education under Rule 58A .1905.

An applicant who holds a current real estate license in another state (or U.S. territory or Canadian jurisdiction) that is equivalent to NC’s “full” broker license and that has been on active status within the previous three (3) years may

EITHER

1) submit an application, including criminal record report, certification(s) of licensure, and application fee,

2) pass the State portion of the license examination, and

3) be issued a “full” broker license (assuming requisite character requirements are met); OR

6 1) submit an application, including criminal record report, certification(s) of licensure, and application fee, and 2) be issued a provisional broker license (assuming requisite character requirements are met) and be subject to the Postlicensing education* requirement.

Required Documentation

Official Certification of Licensure from the licensing agency in the state or jurisdiction in which the applicant is currently licensed. The certification must have been issued within the six (6) months preceding the application and must indicate the license (and status) history and any disciplinary action taken or complaints pending against the applicant. A copy of the applicant’s real estate license certificate or pocket identification card is not acceptable. Proof of education is not required.

NOTE: In order for an applicant to qualify for NC licensure based on option #4, the certification of licensure must show that the applicant still holds the license in the other jurisdiction at the time of application to NC, and that the license in the other jurisdiction was on active status within the three year period prior to application to NC. See Commission rule 58A .0511.”*

North Carolina Real Estate Broker License Search

Upon conducting a North Carolina real estate broker license search, one will discover that the license number for Myers Jackson is #331732. In fact, NC real estate broker-Myers Jackson-North Carolina real estate has been a real estate broker for over 2 decades. His first license was in Florida. Today he is a licensed broker in over a dozen states. And counting….he continues to learn and study in order to acquire licenses in more states.

North Carolina Real Estate Broker and North Carolina Real Estate for Sale

Therefore, when it comes to North Carolina real estate for sale, hire NC real estate broker-Myers Jackson-North Carolina real estate. He handles land for sale; homes with land for sale; luxury homes; even homes that have to be moved. If you are considering the auction method of selling, Myers is a licensed North Carolina auctioneer 9339-9331. Don’t hesitate…Contact him today!