Blog

Monthly Licensee Report

New Disclosure Required for Applications and Renewals

      News

Effective January 1, 2018, as required by the NC state legislature in NCGS § 143-765, all applicants for occupational licenses, including license renewal, must disclose any investigations for employee misclassification.

**NCGS § 143-765 applies to applications for and renewals of all occupational licenses, permits, and certifications, so the certification and disclosure statements will be required during the license renewal process of existing licensees. License renewal occurs annually between May 15 and June 30.  Due to the new requirement, every licensee will be required to complete the renewal process individually.  Brokers-in-Charge will not be able to renew the licenses of affiliated brokers.** 

All North Carolina Real Estate Commission applications — including broker, firm, limited nonresident commercial, and private school licenses, temporary practice permits, and timeshare registrations — have been updated to be in compliance with the new law.

All applicants must certify that they have read and understand a Public Notice Statement from the Employee Classification Section of the State Industrial Commission (http://www.ic.nc.gov/121317ECSPublicNotice.pdf) and must disclose any investigations for employee misclassification.  If an applicant does not provide the certification and disclosure, the NC Real Estate Commission is not permitted to process the application.  Contact information for questions and inquiries is provided on the Public Notice Statement.

Free Webinar on Wire Fraud in Real Estate Transactions

      News

There will be a free lunch webinar on wire fraud in real estate transactions sponsored by the Best Practices Task Force compromised of members from the NC Bar Association Real Property Section, RELANC and the NC Land Title Association.  Funding for the program is provided by RELANC and this link has details and directions on how to register:

http://mailchi.mp/58baf282792e/webinar-invitation-from-relanc-protecting-your-clients-from-cyber-fraud?e=d23bafb629

Two articles on the subject may also be of interest:

Best Practices to Prevent Interception of Incoming Wires:

http://files.constantcontact.com/a6ab3bd5401/d115d05c-d5de-459d-aff0-b94d976fd325.pdf

Best Practices for Outgoing Wires:

http://myemail.constantcontact.com/Wire-Instruction-Fraud-Continues-to-Plague-NC-Lawyers.html?soid=1118263556714&aid=wQQ2Rx1p6hU

Noncommercial Underground Storage Tanks (USTs)

      News

The Department of Environmental Quality (DEQ) and Environmental Management Commission (EMC) have given preliminary approval to proposed temporary rules addressing noncommercial underground storage tanks (USTs).  A public hearing is scheduled for Monday, July 31, 2017. For information about what is considered a noncommercial UST, what to do in case of a possible leak or spill, and who to contact for more information, see DEQ’s summary and flow chart .

It’s June 1! Have you completed CE, yet?

      News

To maintain an Active license, all brokers must complete eight (8) hours of continuing education by 11:59pm on June 10 each year.   Provisional Brokers and non-BIC Brokers must take the General Update course and one Commission-approved elective. BICs and BIC-Eligible Brokers should take the BICUP (Broker-in-Charge Update) course and one Commission-approved elective. See Commission Rule 58A .1702.

Reminder:  It’s also time to renew your license.  Visit the Commission’s homepage (www.ncrec.gov) to renew your individual, firm, or limited nonresident commercial license.  Renewing online takes less than 5 minutes. The deadline for license renewal is June 30.

Corean E. Hamlin Named Real Estate Commission Director of Education and Licensing

      News


Corean E. Hamlin has been named Director of Education and Licensing for the North Carolina Real Estate Commission, effective December 14, 2016.

Hamlin joined the Commission as Education and Licensing Officer in 2014.

Hamlin holds a Master’s Degree from UNC-Greensboro and the Distinguished Real Estate Instructor (DREI) designation from the Real Estate Educators Association.

After a decade as a professional educator in other industries, Hamlin entered the real estate business, joining her family’s Asheville-based real estate firm as a residential sales broker in 2003.  From 2007-2014, Hamlin served as Instructor, Education Director, and Communication Director for the Asheville Board of Realtors®.  Additionally, she taught real estate prelicensing, postlicensing, and continuing education courses at Cumbie and Trull School of Real Estate from 2010-2014.

The primary responsibility of the Director of Education and Licensing is to plan and direct the Commission’s education, examination, and licensing programs and operations on a statewide basis.

Realtor® Code of Ethics Training Requirement

      News

Are you a member of the Realtor® organization?  If so, you may need to take an ethics course before the end of this year.

As explained on realtor.org: REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within four-year cycles. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. The current four-year cycle will end Dec. 31, 2016.

Realtor®-members: To learn more about the ethics training requirement or to determine whether you need to take an ethics course, please contact your Realtor® board or association.

Brokers frequently contact the Real Estate Commission to inquire about ethics training.  However, ethics training is required by the Realtor® organization, not the Commission.  Only Realtor®-members are subject to the requirement.

NOTE: Some North Carolina real estate schools offer online and classroom-based ethics courses that satisfy the Realtor® requirement AND provide continuing education elective credit.  Click HERE to search the statewide continuing education course schedule.

Safety Tip: Implement a buddy system

      News

Implement a buddy system. Predators thrive on isolation, so team up with another broker or an assistant whenever possible. Working in pairs often reduces the chance of attack. What if you are a one person office? All the more reason to gather and verify personal information about the consumer before meeting him or her the first time and to leave an itinerary with a friend, family member, or partner, or at the very least, a note on your desk.

For these and other important broker safety tips, view the Commission’s Safety video (https://www.youtube.com/watch?v=3h0gydUSeZU ); North Carolina Real Estate Agency Safety Guide brochure (https://www.ncrec.gov/Brochures/Safetyguide.pdf); and www.realtor.org/safety.

Safety Tip: Conduct safe personal marketing

      News

Conduct safe personal marketing and be careful how you use social media. Keep your photos strictly professional – avoid “glamour shots.” Limit the amount of personal information you share, both in written media as well as in your oral conversations with clients or customers. Control the privacy settings in your social media accounts, including the geolocation features.

Note: Many social networking sites will share your precise location with others unless you disable that feature.

For these and other important broker safety tips, view the Commission’s Safety video (https://www.youtube.com/watch?v=3h0gydUSeZU ); North Carolina Real Estate Agency Safety Guide brochure (https://www.ncrec.gov/Brochures/Safetyguide.pdf); and www.realtor.org/safety.

Safety Tip: Have a fully charged cell phone readily available

      News

September is broker safety month. Be sure that you have a fully charged cell phone and have it readily available – not in your purse or pocket.  Program “911” and other emergency numbers into speed dial. Consider using a safety mobile app on your smart phone; several are available – some created especially for real estate brokers – and can do everything from instantly alerting others to accessing your GPS coordinates to requesting help.

For these and other important broker safety tips, view the Commission’s Safety video (https://www.youtube.com/watch?v=3h0gydUSeZU ); North Carolina Real Estate Agency Safety Guide brochure (https://www.ncrec.gov/Brochures/Safetyguide.pdf); and www.realtor.org/safety.