Pending Cases: The Commission entered into consent agreements to suspend 6 licenses, closed cases without action against 2 licensees, revoked 1 license, accepted the voluntary surrender of 2 licenses, and ordered hearings in cases involving 14 licensees.
License Applications Involving Character Issues: License applicants who have character issues such as prior criminal convictions or disciplinary action by another licensing board are separately considered by the Commission. Decisions are made based upon criminal background checks, information supplied by the applicant, and in-person interviews.
Total candidates considered: 8; total approved: 7.
License Examination Results: A summary of key data relating to persons taking the exam for the first time is provided below:
Individuals Tested for the First Time | ||||
Took prelicense course | Hold license from another state | |||
June 2022 | July 2021 through June 2022 | June 2022 | July 2021 through June 2022 | |
# Tested | 543 | 6867 | 18 | 307 |
% Pass both sections | 57% | 44% | N/A | N/A |
% Pass National section | 80% | 76% | N/A | N/A |
% Pass State section | 60% | 46% | 28% | 28% |
Legislative Report: The Director of the Regulatory Affairs Division reviewed with the Commission the Legislative Report, noting bills that are currently pending in the General Assembly that relate to real estate brokerage, occupational licensing, or other matters of interest to the Commission.
Potential Litigation: The Commission voted to meet in closed session pursuant to N.C.G.S. § 143-318.11(a)(3) to discuss potential litigation.
License Renewal Progress: Staff reported that as of June 30, 2022, 92% of licensees had renewed their licenses, as opposed to 94% at the same time last year. Staff reviewed with the Commission the numbers of licenses expired, those marked inactive due to failure to complete annual CE requirements and of those, the number designated as brokers-in-charge (BIC) or BIC eligible.
Education Provider and Instructor License Examination Performance: Staff reported on education provider and instructor renewal and license examination performance over the prior fiscal year. They provided detail on the impact and effect of the Commission’s 40% rule, including data indicating that a significant number of instructors and education providers had improved the overall performance of their students on the license examination.
Report on License Numbers: As of July 1, 2022, there are 116,600 brokers and firms licensed by the Commission, as follows:
Next Commission Meeting: The next Commission meeting will be held at 9:00 a.m., Wednesday August 17, 2022, and can be viewed via Zoom online video.