Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meeting:
Commission Meeting of July 15, 2026
Pending Cases: The Commission entered into consent agreements to suspend 2 licenses, ordered hearings in cases involving a total of 17 licensees, accepted the permanent voluntary surrender of 2 licenses, left 7 cases pending, and closed 5 cases without action.
License Applications Involving Character Issues: License applicants who have character issues such as prior criminal convictions or disciplinary actions by another licensing board are separately considered by the Commission. Decisions are based upon criminal background checks, information supplied by the applicant, and in-person interviews.
Total candidates considered: 9; total approved: 6; continued: 1; deferred: 2.
License Examination Results: If you are interested in reviewing the most recent statistics and pass rates regarding the North Carolina broker license examination. License Examination Results.
2026 Renewals: The Director of Education and Licensing provided a report on the 2026 Renewals, noting that following closeout on July 1, 2026, 92% of brokers and firms renewed their licenses, slightly above the previous year’s renewal percentages. A total of 2,032 licensees were marked inactive due to a CE deficiency, and 9,289 brokers, 1,497 firms, and 58 limited nonresident commercial licenses expired due to failure to renew. The Director of Education and Licensing indicated this license renewal period had the highest renewal percentages.
Year-End CE Survey: The Assistant Director of Education and Licensing provided a report on the year-end CE student survey and indicated 10,803 surveys were completed over the course of the year. Overall, the reviews were extremely positive.
Update Instructor Seminars: The Assistant Director of Education and Licensing reported that of the 401 approved instructors, 196 have an active update instructor status.
Monthly Financial Report, Quarterly Investment Report, and Education & Recovery Fund Report: The Commission received the monthly Financial Report, Quarterly Investment Report, and Education & Recovery Fund Report presented by the Chief Financial Officer for the period ending June 30, 2026. Upon the motion of Mr. Alston, the Commission approved the Financial Report for the period ending June 30, 2026.
FY2026-27 Projected Receipts and Disbursements: The Chief Financial Officer presented the FY2026-27 Projected Receipts and Disbursements. Upon the motion of Mr. Alston, the Commission approved the Projected Receipts and Disbursements for FY2026-27.
Real Estate Manual Increase: The Chief Financial Officer reported that at the Finance Committee meeting on June 19, the Committee voted in favor of having a $10.00 increase for the printed North Carolina Real Estate Manual. The price increased from $39.00 to $49.00. Upon a motion from Ms. O’Connor, the Commission adopted the price increase.
Square Footage Guidelines: The Executive Director presented the revised Square Footage Guidelines. Upon the motion of Mr. Alston, the Commission approved the revisions to the text of the Square Footage Guidelines.
Rule A .0110 Brokers in Charge: The Compliance Manager presented revisions to Rule 58A .0110 Brokers in Charge. The rule currently prohibits a broker from being granted BIC eligibility status or designated as BIC of a firm if there is a pending investigation against the broker. Since this rule text was presented to the Commission in March, it was revised such that the limitation only applies in cases where probable cause has been found against the broker so that it is consistent with Rule A.0502. Upon the motion of Mr. Alston, the Commission approved staff recommendations to revise the rule text with a proposed effective date of July 1, 2027.
Agency Public Rule Comments:
The Compliance Manager reviewed the public comments received on the agency rule changes. She reported that comments were received from associations, brokers, attorneys, and members of the public. Of the comments received, 34 were in support, 291 were opposed, and 2 were categorized as ‘suggestion.’ At the request of Mr. Aceto, the Executive Director provided the Commission with a possible alternative that would prevent provisional brokers from being a single dual agent as opposed to eliminating dual agency for all brokers. She explained that if the alternate text were to be approved, the rule text would require another comment period due to the text’s substantive change. Upon the motion of Mr. Ramseur, the Commission agreed to withdraw the rule text concerning the elimination of dual agency for all brokers from rulemaking with Mr. Black and Ms. Sebti voting against the motion. Upon the motion of Mr. Barfield, the Commission agreed that the alternate rule text provided by staff would be included as an exhibit at the August Commission meeting for further discussion with Mr. Beaty, Mr. Black, and Mr. Aceto voting against the motion.
Report on License Numbers: As of July 1, 2026, there are 116,028 brokers and firms licensed by the Commission, as follows:
Active Full Brokers – 76,104
Active Provisional Brokers – 3,642
Brokers-in-Charge – 16,803
BIC Eligible Brokers – 7,057
Inactive Full Brokers – 14,855
Inactive Provisional Brokers – 4,612
Firms – 16,584
Limited Nonresident Commercial Brokers – 231
Next Commission Meeting: The next Commission meeting will be held on August 19, 2026, at 8:30 a.m. at the North Carolina Real Estate Commission in Raleigh, NC, and is open to the public. It can also be viewed via Zoom online video.
NCREC wishes Miriam Baer a happy retirement!
Miriam Baer retired from her position as Executive Director on June 30, 2026, from the North Carolina Real Estate Commission, after 38 years of service. The Commission thanks Miriam for her excellence and dedication to North Carolina consumers and brokers and wishes her a happy retirement!
Have you updated your email address, physical address, and phone number?
Maintaining accurate contact information with the North Carolina Real Estate Commission is a requirement. All licensees must notify the Commission of any change to their email address or phone number within 10 days of the change. This requirement applies to all brokers, including provisional brokers and full brokers, regardless of whether their licenses are on active or inactive status.
You are invited!
The monthly Real Estate Commission meetings are always open to the public, and you are invited to attend in person or online via Zoom. The meeting next week is July 15th, 2026, at Appalachian State University, Plemmons Student Union, 263 Locust Street, Boone, NC. A Zoom link will be available at ncrec.gov on the day of the meeting.
Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meeting:
Commission Meeting of June 24, 2026
Pending Cases: The Commission entered into consent agreements to suspend 16 licenses, ordered hearings in cases involving a total of 32 licensees, accepted the permanent voluntary surrender of 1 license and 1 instructor approval, accepted the two-year voluntary surrender of 1 license, reprimanded 5 licensees and closed 7 cases without action.
License Applications Involving Character Issues: License applicants who have character issues such as prior criminal convictions or disciplinary actions by another licensing board are separately considered by the Commission. Decisions are based upon criminal background checks, information supplied by the applicant, and in-person interviews.
Total candidates considered: 18; total approved: 7; approved with conditions: 9; continued: 2.
License Examination Results: If you are interested in reviewing the most recent statistics and pass rates regarding the North Carolina broker license examination. License Examination Results.
Renewals: The Director of Education and Licensing reported that of the 126,567 licensees, 83% (89,943) of brokers renewed their licenses as of June 23, 2026, compared with 77% in 2025 and 2024.
CE Completions and Delinquencies: The Director of Education and Licensing reported that at the beginning of the renewal period, 80,887 brokers needed CE to remain active. Of those, 76,462 have fully satisfied CE requirements, and 4,532 still show a CE deficiency and will go inactive as of June 30. Of those with a CE deficiency, 380 still need one elective, 638 need an Update course, and 3,514 need both an elective and an Update course. Also, of those CE-deficient, 104 are designated as Qualifying Broker, 282 as Broker-in-Charge, and 213 are designated as both. Ms. O’Connor commended the staff for handling all the phone calls from brokers who find themselves expired or CE deficient.
NCREC Investment Policy: The Chief Financial Officer presented the NCREC Investment Policy for its annual review, noting that staff had no recommended changes to the policy and that the Finance Committee reviewed it at its June 19, 2026, meeting. The Commission reviewed the policy and made no changes.
Allan R. Dameron Award: The Commission presented the Allan R. Dameron Legal Internship Award to Mary Beth Cole, a student at North Carolina Central University School of Law.
2026-2027 Business and Related Insurance Proposals: Ms. Debbie Callahan presented the Insurance Report, including options for carriers, coverage, and costs thereof for the Commission’s business and related coverage. The Executive Director noted that the Finance Committee (Mr. Aceto, Mr. Alston, and Mr. Beaty) had met to review the coverage in detail and recommended its approval without changes. Upon the motion of Mr. Alston, the Commission voted to purchase or renew the insurance policies as more particularly described in the Report.
Election of Commission Officers for the period August 2026 to July 2027: Mr. Aceto reported that he had sought nominations for the Chair and Vice Chair of the Commission for the next year, beginning August 1, 2026, and he received nominations for Mr. Ramseur for Vice Chair and Mr. Alston for Chair. Mr. Barfield nominated Mr. Alston for the Commission Chair. Mr. Aceto asked for other nominations, and none were made. Upon a motion from Mr. Barfield, the Commission closed nominations. Mr. Black moved that Mr. Alston be elected by acclamation. Mr. Barfield nominated Mr. Ramseur for Vice Chair. Mr. Aceto asked for other nominations, and none were given. Upon a motion from Ms. O’Connor, the nominations were closed. Ms. O’Connor moved that Mr. Ramseur be elected by acclamation. Mr. Bell opposed. Upon a motion from Ms. O’Connor, the Commission then voted for Mr. Ramseur to serve as the next Vice Chair. Mr. Bell dissented.
Report on License Numbers: As of June 1, 2026, there are 126,784 brokers and firms licensed by the Commission, as follows:
Active Full Brokers – 81,105
Active Provisional Brokers – 4,322
Brokers-in-Charge – 17,855
BIC Eligible Brokers – 7,122
Inactive Full Brokers – 16,237
Inactive Provisional Brokers – 6,791
Firms –18,043
Limited Nonresident Commercial Brokers – 286
Next Commission Meeting: The next Commission meeting will be held on July 15, 2026, at 8:30 a.m. at Appalachian State University, Plemmons Student Union in the Parkway Ballroom in Boone, NC, and is open to the public. It can also be viewed via Zoom online video.
Renewal Deadline is Rapidly Approaching
NCREC encourages all brokers and firms to take a moment to renew their broker and firm licenses by June 30, 2026. Failure to renew will cause their licenses to expire on July 1st. Ask your broker if they have renewed their license. https://www.ncrec.gov/Licensing/LicenseRenewalFaq
Public Comment Period for Proposed Agency Rules is Open Now.
The Commission is considering updates to rule 58A. 0104, and the introduction of three new rules regarding Agency, WWREA/Agency Disclosures, Agency Agreements and Dual Agency. A 60-day public comment period began last month and will run through July 3, 2026. All comments must be submitted in writing by email or mail. You may review the proposed changes on the ncrec.gov homepage, under the License Law and Rules section.
You are invited!
The monthly Real Estate Commission meetings are always open to the public, and you are invited to attend in person or online via Zoom. The meeting next week is June 24th, 2026 here at the Commission building, 1313 Navaho Drive, Raleigh, NC. A Zoom link will be available at ncrec.gov on the day of the meeting.
Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meeting:
Commission Meeting of May 20, 2026
Pending Cases: The Commission entered into consent agreements to suspend licenses, ordered hearings in cases involving a total of 23 licensees, accepted the permanent voluntary surrender of 3 licenses, voluntary surrender of 3 licenses, left 8 cases pending, reprimanded 3 licensees, suspended 10 licenses, closed 1 case without action, closed 2 cases without action, but cautioned the respondents, issued 1 license on conditions, and approved payment of $7,481.21 from the Real Estate Education and Recovery Fund.
License Applications Involving Character Issues: License applicants who have character issues such as prior criminal convictions or disciplinary actions by another licensing board are separately considered by the Commission. Decisions are based upon criminal background checks, information supplied by the applicant, and in-person interviews.
Total candidates considered: 15; total approved: 2; approved with conditions: 3; continued: 8; deferred: 2.
License Examination Results: If you are interested in reviewing the most recent statistics and pass rates regarding the North Carolina broker license examination. License Examination Results.
Renewals: The Assistant Director of Education and Licensing reported that 29 percent of brokers had renewed their licenses as of May 20, 2026. The Assistant Director of Education and Licensing noted that 80,807 active brokers are required to complete continuing education by June 10. Of the 35,377 brokers currently deficient, 21,049 still need both an elective course and an update course. Additionally, 2,548 of the deficient brokers are designated as BIC, and 3,970 hold both BIC and QB designations.
Revised Square Footage Guidelines: The Director of Regulatory Affairs provided the members with a consolidation of all comments to the proposed revisions of the Residential Square Footage Guidelines. Stakeholders provided feedback on proposed revisions to the Guidelines, noting differences between how brokers and appraisers report living area and raising concerns about terminology and standards. Staff agreed to clarify certain definitions, refine language, and format the Guidelines to make key concepts more visible.
The Commission will consider at the June meeting the Guidelines with the revisions discussed. Upon a motion from Ms. O’Connor, the Commission approved making the changes discussed to the revised Square Footage Guidelines.
Challenge to NC Land Surveyors License Law: The Director of Regulatory Affairs reported that the US Supreme Court declined to hear a challenge from 360 Virtual Drone Service LLC regarding a suit against North Carolina’s Board of Examiners for Engineers and Surveyors, leaving in place a Fourth Circuit ruling that North Carolina can require a land-surveyor license for certain drone-generated images.
MV Realty: The Director of Regulatory Affairs reported that the North Carolina Attorney General (AG) settled its case against MV Realty, whose license the Commission revoked approximately two years ago. The terms of the AG settlement provide that MV Realty is permanently banned from doing business in North Carolina. In addition, consent judgments were entered to void all 2100 contracts that still had 40-year listings. MV Realty must also pay $1,300,000 in restitution.
Health and Dental Insurance: The Chief Administrative Officer reported that she and the Commission’s Finance Committee met with Mr. Parham McNair, CLU, ChFC, to review options for continuation of health, dental, and life/accidental death/long-term disability insurance benefits for staff. Mr. McNair noted that the rate increase from the Commission’s current provider has been, and remains, very minimal. Upon the motion of the Finance Committee, the Commission voted to adopt the recommendation of the Finance Committee and continue the current insurance coverage and benefits as set out.
Report on License Numbers: As of May 1, 2026, there are 126,192 brokers and firms licensed by the Commission, as follows:
Active Full Brokers – 80,700
Active Provisional Brokers – 4,331
Brokers-in-Charge – 17,783
BIC Eligible Brokers – 7,059
Inactive Full Brokers – 16,611
Inactive Provisional Brokers – 6,348
Firms – 17,919
Limited Nonresident Commercial Brokers – 283
Next Commission Meeting: The next Commission meeting will be held on June 24, 2026, at 8:30 a.m. at the North Carolina Real Estate Commission in Raleigh, NC, and is open to the public. It can also be viewed via Zoom online video.
Continuing Education Deadline is Rapidly Approaching
NCREC encourages all brokers to verify their Continuing Education (CE) status. Are you one of the +/- 80,000 brokers with outstanding CE requirements that, if not satisfied by June 10, 2026, will cause your licenses to go inactive on July 1st?
You are invited!
The monthly Real Estate Commission meetings are always open to the public, and you are invited to attend in person or online via Zoom. The meeting next week is May 20th, 2026, here at the Commission building, 1313 Navaho Drive, Raleigh, NC. A Zoom link will be available at ncrec.gov on the day of the meeting.
Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meeting:
Commission Meeting of April 22, 2026
Pending Cases: The Commission entered into consent agreements to suspend 8 licenses, ordered hearings in cases involving a total of 16 licensees, accepted the permanent voluntary surrender of 3 licenses, voluntary surrender of 1 license, left 3 cases pending, reprimanded 1 licensee, extended time for 2 licensees to satisfy conditions, and issued 1 license on conditions.
License Applications Involving Character Issues: License applicants who have character issues such as prior criminal convictions or disciplinary actions by another licensing board are separately considered by the Commission. Decisions are based upon criminal background checks, information supplied by the applicant, and in-person interviews.
Total candidates considered: 9; total approved: 2; approved with conditions: 3; continued: 2; postponed: 1; deferred: 1.
License Examination Results: If you are interested in reviewing the most recent statistics and pass rates regarding the North Carolina broker license examination. License Examination Results.
2026 Spring Educators Conference Agenda: The Director of Education and Licensing reported that the annual Spring Educators Conference was held on Thursday, April 2, 2026, at the McKimmon Center in Raleigh. Approximately 300 people attended, making it the largest education conference in the country. The Director of Education and Licensing reported that income from the event exceeded expenses by $6,079. The Director of Education and Licensing commended the Logistics and Programs Manager for coordinating the event, the Communications Officer for integrating AI into the content, and the Chair, Vice Chair, the Executive Director, the Director of Regulatory Affairs, the Assistant Director of Regulatory Affairs, and the Education and Licensing staff for their respective presentations. Mr. Black, Ms. O’Connor, and Mr. Aceto commended the staff for the day’s events.
Upcoming Renewal Season: The Director of Education and Licensing reported on staff preparation for the May 15 – June 30 license renewal season, noting that it is highly automated and includes the $5.00 fee increase previously approved by the Commission. He further reported that of the 107,401 currently licensed individual brokers, approximately 80,000 are active and, as of April 1, 57,000 of those active brokers still need CE, with 41,000 needing both the Update course and an elective. He also reported on a new feature in this year’s renewal process, namely, the inclusion of an invoice with the notice in order to remind licensees to pay their renewal by the June 30 due date. He commended the IT team for their assistance in the online renewal process.
License Services Update: The Director of Education and Licensing reported that in compliance with a state statute passed last fall requiring verification of all license applicants’ social security numbers with the federal Social Security Administration, verification has been incorporated into the background checks with the Commission’s current vendor, CRC. He noted that even though the applicant must provide a “wet” signature, the process has gone smoothly to date.
Email Change Notices: The Director of Education and Licensing reported that on April 8, staff stopped using the printed and mailed change notices; all notices are now electronic. This will save the Commission approximately $300,000 in paper, postage and related costs. He commended all License Services staff, led by the License Services Officer, on their contributions to this project.
Monthly Financial Report, Quarterly Investment, and Education & Recovery Fund Report: The Commission received the monthly Financial Report, Quarterly Investment Report, and Education & Recovery Fund Report presented by the Chief Financial Officer for the period ending March 31, 2026. The Chief Financial Officer noted that revenues are ahead of projections; expenses are generally at or below projections except for “temp to perm” employees. This expense is offset by a reduction in payroll expenses.
Draft Changes to Limited Commercial License Rules: The Compliance Manager presented draft changes to the Limited Commercial License Rules. Upon a motion from Mr. Bell, the Commission approved the proposed rule text for public comment. The Compliance Manager provided an overview of the rulemaking project’s status and timeline. After discussion, the Commission voted to move the effective date of the proposed limited commercial license rules to January 1, 2027.
2027 Draft Legislation – Jurisdiction and Wholesaling: The Director of Regulatory Affairs provided members with draft legislation addressing wholesaling and the Commission’s jurisdiction and reminded the Commission that legislation on this topic has been introduced in another bill pending before the General Assembly, which includes somewhat different provisions [H797]. Upon a motion from Mr. Alston, the Commission approved the draft legislation as presented in Exhibit 8. Mr. Bell dissented, noting there was insufficient time to review the draft in detail.
Revised Square Footage Guidelines: The Director of Regulatory Affairs provided the members with a handout containing all comments received on the revised Square Footage Guidelines.
At the request of Mr. Aceto, Mr. Vic Knight addressed the difference between the Commission’s Guidelines and the ANSI standards, and the history behind the Commission’s determination to date not to adopt the ANSI Standards. He noted the Commission’s Guidelines are voluntary and that brokers can choose to follow the ANSI Standards instead. He also addressed the technical nature of the Standards, their purpose in helping to determine value rather than merely square footage, and the cost to licensees of acquiring and following the Standards.
The Director of Regulatory Affairs addressed comments concerning the inclusion of both above-grade and below-grade space in the heated living area. She reported that the Commission does not receive complaints on this topic or on differences between the square footage reported by appraisers versus brokers. She suggested that the Square Footage Guidelines remain sufficient for brokers’ use.
Mr. Black noted the coming changes in the appraisal process and form and provided insight on appraisers’ assessments of various categories of above and below-grade square footage in determining value, along with its function, flow, and finish, among other things. He also made suggestions for design changes to the front cover.
Mr. Knight commended the staff on the publication draft. Mr. Aceto asked that staff consolidate the comments for review at the May Commission meeting.
Report on License Numbers: As of April 1, 2026, there are 125,598 brokers and firms licensed by the Commission, as follows:
Active Full Brokers – 80,180
Active Provisional Brokers – 4,334
Brokers-in-Charge – 17,716
BIC Eligible Brokers – 6,969
Inactive Full Brokers – 16,334
Inactive Provisional Brokers – 6,553
Firms – 17,918
Limited Nonresident Commercial Brokers – 279
Next Commission Meeting: The next Commission meeting will be held on May 20, 2026, at 8:30 a.m. at the North Carolina Real Estate Commission in Raleigh, NC, and is open to the public. It can also be viewed via Zoom online video.
The NCREC Spring Educators Conference
Last week’s Spring Educator’s conference was held at the McKimmon Center in Raleigh. This travel themed conference featured presentations about Exam Security, New Instructor Procedures and AI updates. Congratulations to the 2026 Larry A. Outlaw Excellence in Education Award winner, Cindy Chandler.
Application Fees Increases By $5.00
Effective, April 1, 2026, the application fee for broker and firm licenses will increase to $105.
You are invited!
The monthly Real Estate Commission meetings are always open to the public, and you are invited to attend in person or online via Zoom. The meeting next week is April 22nd, 2026, here at the Commission building, 1313 Navaho Drive, Raleigh, NC. A Zoom link will be available at ncrec.gov on the day of the meeting.
Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meeting:
Commission Meeting of March 18, 2026
Pending Cases: The Commission entered into consent agreements to suspend 6 licenses, ordered hearings in cases involving a total of 12 licensees, accepted the permanent voluntary surrender of 4 licenses, revoked 1 license, permanently revoked 1 license, left 3 cases pending, reconsidered 1 case, and issued 1 license on conditions.
License Applications Involving Character Issues: License applicants who have character issues such as prior criminal convictions or disciplinary actions by another licensing board are separately considered by the Commission. Decisions are based upon criminal background checks, information supplied by the applicant, and in-person interviews.
Total candidates considered: 11; total approved: 1; approved with conditions: 4; continued: 4; postponed: 1; deferred: 1.
License Examination Results: If you are interested in reviewing the most recent statistics and pass rates regarding the North Carolina broker license examination, License Examination Results.
Education Town Hall: The Assistant Director of Education and Licensing reported that approximately 70 people attended the Education Town Hall hosted by the Commission on February 24, 2026, including Ms. O’Connor. Topics discussed included new rules effective April 1, 2026, and an overview of the new appraisal form by former Commission member Mr. Vic Knight. Attendees expressed appreciation for the content of the current Update courses and requested that staff keep the content in next year’s Course to a manageable level as well.
2026 Spring Educators Conference Agenda: The Director of Education and Licensing reported that the theme for the upcoming Spring Educators Conference is “Now Boarding”. The Conference will be held April 2 at the McKimmon Center and is sold out. In response to a question from Ms. Sebti, the Director of Education and Licensing, reported that the price increase had not impacted registration. The keynote speaker will be Chris Herbst, Pearson Professional Assessments, on the topic of exam security. In addition to the Director of Education and Licensing and the Assistant Director of Education and Licensing, presenters will include Commission Chair Mr. Aceto, the Executive Director, the Director of Regulatory Affairs, and members of the Education and Licensing staff.
Larry A. Outlaw Excellence in Education Award: Upon the motion of Mr. Alston, the Commission met in closed session to review the nominations for the Award and make a selection to be announced at the Spring Educators Conference.
Periodic Review of Rules Report with Final Determination of Rules: The Compliance Manager reminded the Commission that North Carolina requires state agencies to conduct a “periodic review” of all administrative rules every 10 years and to classify rules as either “necessary” (retained) or “unnecessary” (obsolete). The Compliance Manager noted that the Commission had made a preliminary determination in December 2025, that all its rules remain “necessary.” A 60-day public comment period followed, during which time one comment was received. After review, upon the motion of Ms. O’Connor, the Commission voted to approve the Report with final determinations of “necessary” for all rules. The Report will be submitted to the Rules Review Commission (RRC) at its June 25, 2026, meeting.
Rule 58A .0110 Revisions: The Director of Regulatory Affairs reviewed proposed changes to Rule A .0110 stemming from the Commission’s discussions of the appropriate “span of control” of a broker-in-charge (BIC). Ms. O’Connor suggested that the maximum number of brokers who could be affiliated with a BIC who supervises more than one office be changed from 50 to 100 in subsection (a)(1). Mr. Black suggested that the Policy and Procedures manual requirements include an express reference to discovery and disclosure of material facts in subsection (g)(11). Upon the motion of Mr. Alston, the Commission approved the rule for publication as presented with the changes suggested by Ms. O’Connor and Mr. Black noted above, and with an effective date of July 1, 2027.
2027 Draft Legislation – Jurisdiction and Wholesaling: The Director of Regulatory Affairs introduced draft legislation to the Commission addressing wholesaling and the Commission’s jurisdiction, noting that legislation on this topic has been introduced in another bill pending before the General Assembly but including somewhat different provisions [H797]. The Commission requested that the Director of Regulatory Affairs provide the members with a comparison of the two bills at the April Meeting. The Commission also requested information about other states’ wholesaling legislation.
Revised Square Footage Guidelines: Mr. Aceto reminded the Commission that one of his goals as Chair is to update the Commission’s Square Footage Guidelines. Mr. Vic Knight reviewed with the Commission a preliminary draft of the revisions which included a reorganization of the existing text, along with edits and updates to address modern practice, and common situations where brokers need guidance. Mr. Knight commended the Communications Officer on her work with formatting, updating, and incorporating sketches in the revised booklet. The members received the revisions for discussion at a future meeting and directed staff to provide the draft to interested parties, including:
Report on License Numbers: As of March 1, 2026, there are 124,790 brokers and firms licensed by the Commission, as follows:
Active Full Brokers – 79,669
Active Provisional Brokers – 4,327
Brokers-in-Charge – 17,637
BIC Eligible Brokers – 6,927
Inactive Full Brokers – 16,377
Inactive Provisional Brokers – 6,359
Firms – 17,786
Limited Nonresident Commercial Brokers – 272
Next Commission Meeting: The next Commission meeting will be held on April 22, 2026, at 8:30 a.m. at the North Carolina Real Estate Commission in Raleigh, NC, and is open to the public. It can also be viewed via Zoom online video.
Congratulations to Janet Thoren for recognition in the Legal Elite Hall of Fame
The North Carolina Real Estate Commission extends its congratulations to Janet Thoren, Director of Regulatory Affairs, on being selected to the Legal Elite Hall of Fame. She was bestowed this prestigious honor of being a 2026 Legal Elite by the North Carolina Business Magazine, in recognition of her professional excellence and contributions to the legal community.
License Renewal Fee Increases By $5.00
Effective, April 1, 2026, the license renewal fee will increase to $50 (previously $45). Licensees must renew their license by paying this renewal fee between May 15th-June 30th, 2026.
You are invited! The monthly Real Estate Commission meetings are always open to the public, and you are invited to attend in person or online via Zoom. The meeting this month is March 18th, 2026, at the North Carolina State Capitol Building, Historic House Chamber, 1 East Edenton Street, Raleigh, NC.