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(3) If, based upon the evidence, the Commission finds that the broker has violated the Real Estate License Law or Commission rules, it can either (a) reprimand the broker; (b) suspend the broker's real estate license for a definite period of time; (c) revoke the broker's license; or (d) in the case of time share ...
(1) A broker shall not advertise any brokerage service or the sale, purchase, exchange, rent, or lease of real estate for another or others without the consent of his or her broker-in-charge and without including in the advertisement the name of the firm or sole proprietorship with which the broker is affiliated.
North Carolina General Statutes Chapter 75: Monopolies, Trusts and Consumer Protection. Section 75-1.1 prohibits the following activities: Unfair methods of competition in or affecting commerce; and. Unfair or deceptive acts or practices in or affecting commerce.
North Carolina Transaction Coordinator Since transaction coordinators are part of the closing process it's often preferred that they have a license.
An unlicensed person may not: Prepare or discuss a listing or property management agreement with an owner. Show any property or be at an open house for any purpose. Drive or accompany a prospect to a property.
Every Question You Need Answered to Get Your Real Estate License in North Carolina Complete 75 hours of approved Pre-Licensing education. Pass the course final exam. Apply for your Provisional Broker license. Pass the North Carolina real estate examination. Find a sponsoring broker-in-charge.
Only advertise listed properties with authorization from the listing agent. Identify yourself as a real estate agent and include the name of the brokerage firm you work within all advertising. Be totally honest in your advertising by avoiding exaggerations and misrepresentations about the property.