This form grants to a realtor or broker the sole and exclusive right to list and show the property on one ocassionsell the commercial property described in the agreement. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Broker Property Real With A Lighter In North Carolina
Instant download
Description
Free preview
Form popularity
FAQ
You can also be disqualified for any crimes that the commission judges affect your ability to competently practice as a real estate salesperson, such as forgery, conspiracy to defraud creditors, extortion, or theft. If you have been convicted, seven years must have passed since you completed the sentence.
However, you must submit a criminal record report for any state or country in which you lived during the past 7 years. Fees are assessed for each state and/or country. Also, checks must be performed for all names and aliases. As of July 1, 2021, a federal report is also required.
The requirements are as follows: You are at least 18 years of age. You are a U.S. citizen (or have authorization to work in the U.S. real estate industry) You have a valid Social Security number. You take a 75-hour, NCREC-approved pre-licensure course. You submit yourself to a criminal background check.
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%.
With only a 50% pass rate for first-time test takers, the NC real estate exam is challenging but achievable. Adequate preparation, including practice exams and study tools, can help you pass, and don't worry—you can retake the exam if needed.
Yes, wholesaling real estate is legal in North Carolina as long as you follow the real estate laws of the state. As a wholesaler, you should be transparent about your role in the transaction. Remember, at no point should you act like a licensed real estate agent representing the seller or the buyer.
Yes you can, and the terms to do so would be outlined in your Listing agreement with the Brokerage.
These ensure ads are non-discriminatory and truthful. North Carolina requires all real estate ads to clearly identify the broker and brokerage, with firm names immediately visible.
Only advertise listed properties with authorization from the listing agent. Identify yourself as a real estate agent and include the name of your brokerage firm on all advertising. Be honest in your advertising by avoiding exaggerations and misrepresentations about the property.
Product and place are two important Ps in real estate marketing.