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Commission Meeting of April 22, 2026

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.

Commission Meeting of March 18, 2026

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.

Commission Meeting of February 18, 2026

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 February 18, 2026

Pending Cases: The Commission entered into consent agreements to suspend 15 licenses, ordered hearings in cases involving a total of 13 licensees, accepted the permanent voluntary surrender of 3 licenses, permanently revoked 2 licenses, left 1 case pending, denied issuance of 1 license, approved withdrawal of 1 license application, reprimanded 2 licensees, and issued 1 license.

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: 13; total approved: 3; approved with conditions: 2; continued: 5; deferred: 3.

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.

CRC Proposal to Add Verification of Applicant SSNs as Part of Background Checks: The Director of Education and Licensing reminded the Commission of Session Law 2025-94, amending NCGS § 93B-14, to require occupational licensing boards to verify the authenticity of every license applicant’s social security number with the Social Security Administration. He outlined the costs and IT resources needed for the Commission to verify and recommended instead that the Commission accept a proposal from CRC to verify the social security number as part of the background check process at an additional cost to the applicant of $10. Upon the motion of Mr. Alston, the Commission accepted the CRC proposal.

2026-2027 UIS Budget: The Director of Education and Licensing presented the planned Update Instructor Seminar (UIS) dates, along with a review of the fees previously approved by the Commission. Upon the motion of Mr. Beaty, the Commission approved the schedule as presented. After a discussion of the fees and the fact that currently, no credit is offered for the UIS, upon the motion of Ms. O’Connor, the Commission voted to restore credit for those who take the UIS after July 1st. The Director of Regulatory Affairs noted that in addition, anyone who teaches an Update course will receive credit.

PearsonVUE: The Director of Education and Licensing proposed contracting with PearsonVUE for testing new instructors at a cost to the Commission of $50 per instructor, rather than continuing to test in house. Upon the motion of Ms. Sebti, the Commission approved the proposal.

Revised Square Footage Guidelines: The Director of Regulatory Affairs reported that the project to update the Commission’s Square Footage Guidelines is well underway. A first draft will be provided to Commission member Black for an initial review in the coming weeks, followed by Commission consideration. The Director of Regulatory Affairs advised the Commission that she had received requests from certain outside appraisal groups and others to provide input on the revisions to the Guidelines and asked for guidance from the Commission on when to provide the draft to interested parties. The Commission asked that she first provide the draft to the Commission. She indicated that she hoped to do so at the March meeting.

NCDOJ – Consumer Confidence 101: Your Guide to Home Buying: The Director of Regulatory Affairs reported that she participated in an event sponsored by the NC Department of Justice’s Consumer Protection Division on how to avoid common pitfalls during the home buying process. Presenters also included representatives from Legal Aid of North Carolina, the NC Department of Insurance, Cumberland County Register of Deeds, and the NC Human Relations Commission. She noted that the event was well attended and well received.

Report on License Numbers: As of February 1, 2026, there are 124,262 brokers and firms licensed by the Commission, as follows:

Active Full Brokers – 79,202

Active Provisional Brokers – 4,368

Brokers-in-Charge – 17,602

BIC Eligible Brokers – 855

Inactive Full Brokers – 16,423

Inactive Provisional Brokers – 6,281

Firms – 17,721

Limited Nonresident Commercial Brokers – 267

Next Commission Meeting: The next Commission meeting will be held on March 18, 2026,  at 8:30 am in the Historic House Chamber of the North Carolina State Capitol, 1 E Edenton St, Raleigh, NC 27601. The meeting is open to the public. It can also be viewed via Zoom online video.

Commission Meeting of January 21, 2026

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 January 21, 2026

Pending Cases: The Commission entered into consent agreements to suspend 3 licenses, ordered hearings in cases involving a total of 7 licensees, accepted the permanent voluntary surrender of 1 license, accepted the voluntary surrender of 1 license for a period of time, left 4 cases pending, and reprimanded 2 licensees.

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: 12; total approved: 11; approved with conditions: 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.

Larry A. Outlaw Excellence in Education Award: The Director of Education and Licensing reported on the purpose of the award, the timeline for this year, and the criteria for the Commission’s consideration in making its decision. Award submissions can be made until February 20, 2026.

Educators Conference: The Assistant Director of Education and Licensing reviewed the flyer announcing this year’s Educators Conference, to be held April 2, 2026, at the McKimmon Center in Raleigh. She noted that planned topics include remarks from the Chair and Executive Director, exam security, and the announcement of the Larry A. Outlaw Excellence in Education Award, among other things. She asked the members for additional suggestions and to let her know if they are interested in attending the conference.

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 December 31, 2025.

FY 2025-26 Income and Expense Projections: The Commission approved the revised income and expense projections as recommended by the Finance Committee. The Chief Financial Officer and Financial Controller indicated an improvement from original projections.

Rule Changes: The Compliance Manager reviewed proposed rule text, the process for changes, and the public comments received. The Commission adopted the rule changes as presented. Commission member Black thanked all those who had taken the time to submit their comments for the Commission’s consideration.

Project Summaries: The Executive Director reviewed the 2025-2026 Project Summaries noting projects that have been completed or extended since the December Commission meeting.

Report on License Numbers: As of January 1, 2026, there are 123,721 brokers and firms licensed by the Commission, as follows:

Active Full Brokers – 78,704

Active Provisional Brokers – 4,405

Brokers-in-Charge – 17,533

BIC Eligible Brokers – 6,781

Inactive Full Brokers – 16,483

Inactive Provisional Brokers – 6,164

Firms – 17,700

Limited Nonresident Commercial Brokers – 265

Next Commission Meeting: The next Commission meeting will be held at 8:30 am, February 18, 2026, 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.

Commission Meeting of December 17, 2025

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 December 17, 2025

Pending Cases: The Commission entered into consent agreements to suspend 6 licenses, ordered hearings in cases involving a total of 13 licensees, accepted the permanent voluntary surrender of 3 licensees, accepted the voluntary surrender of 1 license for a period of time, gave 1 licensee an extension to complete the terms of a consent agreement, left 5 cases pending, closed 2 cases without action, and suspended 1 licensee and revoked their instructor and education approval.

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: 6; approved with conditions: 2; continued: 5; 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, click here License Examination Results.

2026-27 Update Course FAQs: The Assistant Director of Education and Licensing presented draft FAQs for the 2026-2027 General and BIC Update Courses and received direction on the most important topics among them.

LMS Software: The Director of Education and Licensing provided a report on DigitalChalk, the new LMS software program the Commission is using for Commission course production. The Commission commended staff on the improved and modernized appearance of the course offerings.  

NC License, Law, & Commission Rules: The Assistant Director of Education and Licensing presented the Commission members with the recently revised NC Real Estate License Law & Commission Rules booklet.

Paper Notices: The Director of Education and Licensing reported that the production of paper “press and seal” notices sent by License Services concerning record changes have been eliminated and replaced with email, providing substantial savings in paper, postage, and related costs.

Periodic Review of Rules: The Compliance Manager presented the Commission with a report on the periodic review of rules, including a brief roadmap of the required  review process. Upon a motion from Mr. Alston, the Commission voted to approve the draft report indicating that all the existing rules are necessary. The public comment period will run from December 29, 2025, to March 1, 2026. The Commission will vote on a final report at the March 18, 2026, meeting. The Rules Review Commission (RRC) will review the report in June 2026.

Residential Property and Owner’s Association Disclosure Statement (RPOADS): The Compliance Manager presented comments on the draft RPOADS revisions. After discussion and consideration of the comments, upon a motion from Mr. Alston, the Commission adopted the revisions to the RPOADS as shown in the exhibit. Upon a motion from Ms. O’Connor, the Commission approved an effective date of July 1, 2026.

Report on License Numbers: As of December 1, 2025, there are 122,619 brokers and firms licensed by the Commission, as follows:

Active Full Brokers – 82,812

Active Provisional Brokers – 4,495

Brokers-in-Charge – 17,483

BIC Eligible Brokers – 6,758

Inactive Full Brokers – 21,985

Inactive Provisional Brokers – 5,877

Firms – 17,561

Limited Nonresident Commercial Brokers – 261

Next Commission Meeting: The next Commission meeting will be held at 8:30 am, January 21, 2026, 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.

Commission Meeting of November 19, 2025

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 November 19, 2025

Pending Cases: The Commission entered into consent agreements to suspend 5 licenses, ordered hearings in cases involving 19 licensees, accepted the permanent voluntary surrender of 1 licensee, accepted the voluntary surrender of 2 licensees, and reprimanded 1 licensee.

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: 8; total approved: 2; approved with conditions: 4; continued: 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, click here License Examination Results.

2026-27 Update Course: The Assistant Director of Education and Licensing presented possible topics for the 2026-2027 General and BIC Update Courses, anticipating that drafting can begin early in 2026 for a final course rollout by July 1, 2026. The Commission directed the Assistant Director of Education and Licensing to begin developing the 2026-2027 General and BIC Update Course topics, with the flexibility to add to the FAQs as issues arise in the coming months. The Assistant Director of Education and Licensing will bring a sample of the course FAQs to the December meeting.

Staff Update Course: The Assistant Director of Education and Licensing reported that 54 members of the Commission staff completed the Update course on either September 4, 2025, or October 21, 2025, that course being taught in-house.

Education Town Hall: The Assistant Director of Education and Licensing reported that the quarterly Education Town Hall was held on November 6, 2025. The Town Hall is an open forum for educators to discuss topics of interest and ask staff questions. There were 43 educators in attendance. In response to a question about how to attend future Town Halls, the  Assistant Director of Education and Licensing indicated that the link is on the website under “Education” and that Commission members are welcome to attend. The next Town Hall is on February 26, 2026.

Training Room Update: The Director of Education and Licensing reported on the updates made to the Training Room through a video presentation. The Director of Education and Licensing commended the Chief Technology Officer and the Communications Officer on their work on the Training Room transition project and thanked the Commission for its support of the project.

Mr. Barfield commended the Director of Education and Licensing and the Commission staff for the Fair Housing Symposium held in Wilmington on October 30.

Periodic Review of Rules: The Compliance Manager presented the Commission with a report on the periodic (ten year) review of rules, including a brief roadmap of the required process. The Compliance Manager asked the members to review the Commission’s rules between now and the December Commission meeting to determine if any rule is no longer necessary. The Compliance Manager will bring the rules back to the December 17, 2025, for the Commission to vote on its initial determinations. The public comment period will run from December 29, 2025, to March 1, 2026. The Commission will vote on a final report at the March 18, 2026, meeting. RRC will review the report in June 2026.

Rulemaking: The Compliance Manager provided an update on rulemaking, noting each project status and timeline.

Email Policy: The Executive Director presented the Commission with a draft Commission Member Email Policy. After discussion, upon a motion from Mr. Barfield, the Commission accepted the Email Policy as presented. Ms. Sebti voted against the motion.

Other Business: Upon a motion from Mr. Black, the Commission moved the July 2026 Commission meeting to July 15-16, 2026.

Report on License Numbers: As of November 1, 2025, there are 121,880 brokers and firms licensed by the Commission, as follows:

Active Full Brokers – 82,372

Active Provisional Brokers – 4,496

Brokers-in-Charge – 17,438

BIC Eligible Brokers – 6,728

Inactive Full Brokers – 21,785

Inactive Provisional Brokers – 5,719

Firms – 17,471

Limited Nonresident Commercial Brokers – 252

Next Commission Meeting: The next Commission meeting will be held at 8:30 am, December 17, 2025, 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.

Commission Meeting of October 15, 2025

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 October 15, 2025

Pending Cases: The Commission entered into consent agreements to suspend 8 licenses, ordered 10 hearings in cases involving licensees, left 3 cases pending, accepted the permanent voluntary surrender of 4 licensees, accepted the voluntary surrender of 1 licensee, approved the issuance of 1 license, extended the timeline for 1 licensee, closed 1 case without action, reprimanded 3 licensees, and denied issuance of 2 licenses.

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: 12; total approved: 5; approved with conditions: 1; continued: 3; postponed: 2; 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, click here License Examination Results.

November Character Conference Panel: Mr. Aceto and Mr. Beaty will serve on the Commission’s Character Conference Panel, which will convene via Zoom teleconferencing on Monday, November 17, 2025, at 3:00 p.m.

CRC Background Checks: The Director of Education and Licensing reported that the Commission’s current provider of criminal background checks, CRC, is raising its fee by $2.50. The Director of Education and Licensing also noted that the Education staff is preparing an RFP for background checks, and the Director of Education and Licensing plans to bring the proposals to the Commission in December.

2026-27 Update Course: The Assistant Director of Education and Licensing presented possible topics for the 2026-2027 General and BIC Update Courses and suggested that topics be selected at the November or December meeting so that drafting can begin early in 2026 for rollout of a final course by July 1, 2026. The Assistant Director of Education and Licensing noted that staff have received the following suggested topics: Appraisal, Fake Sellers, Fair Housing, and Frequently Asked Questions. Staff requested member input on other topics that should be considered, and the Commission added to the list for consideration, AI, as well as information in the BICUP on how to assess a potential broker-associate’s background.

NCREEA Fall Conference: The Director of Education and Licensing reported that the North Carolina Real Estate Educators Association (NCREEA) met October 1-2, 2025, in South Boston, VA. The Director of Education and Licensing noted that there were over 100 instructors in attendance, including the Commission’s Education staff. The Director of Education and Licensing and the Assistant Director of Education and Licensing gave a presentation on BIC Span of Control. Former Commission member, Mr. George Bell, provided a presentation on the history of REEA and NCREEA. The Director of Regulatory Affairs presented on missteps by brokers that can result in disciplinary action.

Monthly Financial Report, Quarterly Investment, and Education & Recovery Fund Reports: 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 September 30, 2025.

NCREC Investment Policy: The Chief Financial Officer noted that staff and the Finance Committee periodically review the NCREC Investment Policy and presented an updated policy for the Commission’s review. The Finance Committee recommended removing the directive to invest target percentages of funds in MDIs, pooling and non-pooling institutions, in favor of investing to achieve the best interest rate while still providing for the necessary security and liquidity of the funds within the bounds of the law and the other terms of the Policy. Upon a motion from Mr. Alston on behalf of the Finance Committee, the Commission accepted the revised NCREC Investment Policy.

Independent Auditor’s Report: The Commission received and reviewed the FY2024-2025 Independent Auditor’s Report presented by Ms. Stanley. Ms. Stanley noted that the audit was clean, and Bernard Robinson & Company (BRC) has issued the highest opinion an auditor can give. Upon the motion of Mr. Alston, the Commission approved the audit.

Legislation: The Director of Regulatory Affairs reviewed the Legislative Report, which summarizes bills currently pending in the General Assembly that relate to real estate brokerage, occupational licensing, or other matters of interest to the Commission. The Director of Regulatory Affairs reported that the recent passage of H926, now SL 2025-94, requires that occupational licensing boards, including the Commission, provide 30 days’ notice of its hearings rather than fifteen days’ notice as previously required, and that those boards, including the Commission, verify the social security number (SSN) of applicants for a license. The latter will require coordination with the federal Social Security Administration (SSA), and updates to the online application process. The staff are currently working to determine the legal authority to verify SSNs under federal law, and the mechanisms for doing so. Because of the federal government shutdown, information from the SSA is currently limited.

RPOADS: The Compliance Manager presented proposed changes to the Residential Property and Owners’ Association Disclosure (RPOADS). Mr. Aceto suggested that question B3 be changed to reference the number of rooms with baseboard heat, as opposed to bedrooms. Ms. O’Connor noted that this could result in many rooms having to be accounted for. The Commission approved the RPOADS to be published for public comment with changes to Section A – Structure/Floors/Walls/Ceiling/Window/Roof concerning fire damage to the dwelling; Section B – HVAC/Electrical to add the Year of system manufacturer in B4 and additional information to indicate the fuel source ‘Provider,’ ‘Leased/Owned,’ ‘Above/Below Ground,’ and ‘Year’; and Section H – Owners’ Association Disclosure to add Yes, No, and NR fillable circle for Question H1(c).

Annual Report to the State: The Executive Director provided the Commission with the Annual Report to the State, a report required by law that contains NCREC data and is supplied to various agencies in the State government.

Project Summaries: The Executive Director provided an overview of the NCREC Project Summaries. The Executive Director noted that the deliverables marked with a check have been completed.

Commission Member Email Policy: The Executive Director presented the Commission with a draft Commission Member Email Policy. Upon a motion from Mr. Alston, the Commission tabled discussion on the draft Policy until the November business meeting.

Report on License Numbers: As of October 1, 2025, there are 120,947 brokers and firms licensed by the Commission, as follows:

Active Full Brokers – 81,767

Active Provisional Brokers – 4,389

Brokers-in-Charge – 17,359

BIC Eligible Brokers – 6,701

Inactive Full Brokers – 21,582

Inactive Provisional Brokers – 5,549

Firms – 17,355

Limited Nonresident Commercial Brokers – 243

Next Commission Meeting: The next Commission meeting will be held at 8:30 am, November 19, 2025, 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.

Commission Meeting of September 17, 2025

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 September 17, 2025

Pending Cases: The Commission entered into consent agreements to suspend 9 licenses, ordered 26 hearings in cases involving licensees, accepted the permanent voluntary surrender of 2 licensees, approved the issuance of 1 license, extended the timeline for 1 licensee, closed 3 cases without action, closed and warned 1 case, and approved payment of $6,210 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: 16; total approved: 4; approved with conditions: 6; continued: 4; 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, click here License Examination Results.

Pearson VUE Fee Increase: The Director of Education and Licensing reported that ARELLO has proposed a fee increase of $3.00 to a total of $5.00 for each administration of the licensing examination. After review and discussion, upon a motion from Ms. O’Connor, the Commission approved and directed the Executive Director to sign a contract addendum with Pearson VUE for the $3.00 increase effective January 1, 2026.

August Education Townhall: The Assistant Director of Education and Licensing reported that Commission staff held an Education Town Hall on August 19, 2025. There were 68 educators in attendance. New appraisal laws were discussed by Commission Member Black and Commission staff encouraged the educational community to subscribe to the Commission’s mailing list to receive notice of rule making changes, additions, or deletions. The Assistant Director of Education and Licensing also discussed the adverse impacts of late reporting of CE courses on real estate brokers.

Legislation: The Director of Regulatory Affairs reviewed the Legislative Report, which summarizes bills currently pending in the General Assembly that relate to real estate brokerage, occupational licensing, or other matters of interest to the Commission.

Rulemaking

The Compliance Manager presented proposed rulemaking recommendations and draft rule text. On the question of whether to proceed with publication of the proposed rule changes for public comment, the Commission made the following decisions:

21 NCAC 58A .0110 – Broker-in-ChargeMr. Ramseur made a motion to table discussion on 58A .0110(a) which he later withdrew. Upon a motion from Mr. Ramseur, the Commission rejected the draft text for changes to 58A .0110(a) pending further study. Upon a motion from Mr. Ramseur, the Commission accepted the draft text changes for 58A .0110(b). Upon a motion from Mr. Black, the Commission accepted the draft text changes for 58A .0110(e). Upon a motion from Mr. Beaty, the Commission accepted the draft text as written in 58A .0110(g)(10). Mr. Ramseur voted against the motion. Upon a motion from Ms. Sebti, the Commission approved the draft text changes for 58A .0110(g)(8). Upon a motion from Mr. Black, the Commission voted to accept the draft text change for 58A .0110(j).
21 NCAC 58A .0112 – Offers and Sales ContractsUpon a motion from Mr. Ramsuer, the Commission voted to eliminate sections 8 and 9 from 58A .0112. Upon a motion from Ms. O’Connor, the Commission approved the draft text changes for 58A .0112(b). Mr. Ramseur was recused from the vote.
21 NCAC 58A .0104 – Agency AgreementsUpon a motion from Ms. Sebti, the Commission voted to delete section 58A .0104 and replace it with section .0200. Ms. O’Connor voted against the motion.
21 NCAC 58A .0302 – License Application and FeeUpon a motion from Ms. Sebti, the Commission voted to accept the draft text change to 58A .0302 and suggested that staff seek an effective date of February 2026 or as soon thereafter as possible.
21 NCAC 58A .0503 – License RenewalUpon a motion from Mr. Ramseur, the Commission approved the draft text changes.
21 NCAC 58A .0513 – License CancellationUpon a motion from Mr. Black, the Commission approved the draft text changes.
21 NCAC 58A .1800 – Limited Nonresident Commercial LicenseUpon a motion from Ms. Sebti, the Commission approved the draft text changes and suggested that staff seek an effective date of February 2026 or as soon thereafter as possible as to the fee provisions.
21 NCAC 58G .0103 – DefinitionsUpon a motion from Mr. Black, the Commission approved the draft text changes.
21 NCAC 58H .0101 – Definitions (Real Estate Education) 21 NCAC 58H .0210 – Limitation, Denial, Withdrawal, or Termination of Education Provider Certification 21 NCAC 58H .0303 – Limitation, Denial, or Withdrawal of Instructor Approval 21 NCAC 58H .0304 – Instructor Conduct and PerformanceUpon a motion from Ms. O’Connor, the Commission approved the draft text changes for H .0101 and H 0210 and rejected the draft changes for H .0303 and H. .0304.
Residential Property and Owners’ Association Disclosure Statement (RPOADS)Upon a motion from Ms. Sebti, the Commission approved the draft text changes in section A9 and A10. Upon a motion from Ms. O’Connor, the Commission approved the draft text changes of B4. Upon a motion from Ms. Sebti, the Commission adopted the addition of bubbles to section H1. Mr. Aceto asked staff to look into adding fuel provider information to the RPOADS.

NC Supreme Court Opinion: The Director of Regulatory Affairs gave a brief report on the recent NC Supreme Court Opinion re License Applications and Character – DeValle v NC Sheriffs’ Ed & Training Comm’n.

Report on License Numbers: As of September 1, 2025, there are 119,955 brokers and firms licensed by the Commission, as follows:

Active Full Brokers – 76,785

Active Provisional Brokers – 4,277

Brokers-in-Charge – 17,233

BIC Eligible Brokers – 6,677

Inactive Full Brokers – 16,033

Inactive Provisional Brokers – 5,413

Firms – 17,212

Limited Nonresident Commercial Brokers – 235

Next Commission Meeting: The next Commission meeting will be held at 8:30 am, October 15, 2025, at the North Carolina Real Estate Commission in Raleigh, NC, and is open to the public. It can be viewed via Zoom online video.

Commission Meeting of August 13, 2025

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 August 13, 2025

Pending Cases: The Commission entered into consent agreements to suspend 7 licenses, ordered 7 hearings in cases involving licensees, left 2 cases pending, reprimanded 1 licensee, accepted the permanent voluntary surrender of 3 licensees, accepted the voluntary surrender of 1 licensee, approved the petition for reconsideration of 1 licensee, denied issuance of 1 license, and closed 1 case.

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: 14; total approved: 3; approved with conditions: 3; continued: 6; 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, click here License Examination Results.

Education Town Hall: The Assistant Director of Education and Licensing noted that the next Education Town Hall will be on August 19 at 3:00 p.m. The Assistant Director invited all the members to attend. The Town Hall is an open forum for educators to bring forth questions to staff.

Career Accelerator Participant: The Director of Education and Licensing provided a brief report on the Career Accelerator Program noting that the Consumer Resource Officer coordinated the program in partnership with the Wake County Public School System. High school students visited the Commission and discussed the process of becoming a real estate broker and also how the Commission oversees brokers to protect consumers. The Director of Education and Licensing commended the Consumer Resource Officer for receiving her Gold Standard designation from REEA at the recent national conference. The Executive Director commended the Director of Education and Licensing, who was awarded the Jack Wiedemer Distinguished Career Award at the National REEA Conference in recognition of his history of excellence throughout his career.

Legislation: The Director of Regulatory Affairs reviewed the Legislative Report, which summarizes bills currently pending in the General Assembly that relate to real estate brokerage, occupational licensing, or other matters of interest to the Commission.

Rulemaking: The Compliance Manager provided an update on rulemaking noting that recent legislation impacts the rulemaking process. The Commission’s proposed Rule 58A .0503 is affected by the new law, which includes stricter standards for the requirement of adding a fiscal note. Specifically, the Commission must analyze a rule change over a five-year period, and if the cost exceeds the one-million-dollar threshold a fiscal note is required. Because the fee increase proposed in Rule A .0503 will exceed that threshold, staff has withdrawn the proposed amendment and is working on a fiscal note for the Commission’s review at the September Commission meeting.

Ethics Commission SEI Evaluation Letter: The Executive Director read into the record of the Commission’s meeting the results of the evaluations of the Statement of Economic Interest of Commission member Jonathan Barfield, Jr., by the North Carolina State Ethics Commission; namely, that the Ethics Commission did not find an actual conflict of interest but did find the potential for a conflict of interest, and that the potential conflict does not prohibit his service on the Commission.

Strategic Planning RFP: The Executive Director presented an RFP for strategic planning. Upon a motion from Mr. Beaty, the Commission directed staff to discontinue the RFP for strategic planning and work in-house on succession planning for the Executive Director. The Executive Director indicated that she would provide the members with the current succession plan.

Character Conference Schedules: The Executive Director presented the draft 2025 Character Conference Panels.

Commission Member Email Addresses: The Executive Director reported that part of the ongoing projects is to give each member an NCREC email address. The Executive Director asked for feedback on the naming convention. After discussion, the members agreed that the address should be their first initial followed by their surname, e.g., BAceto@ncrec.gov. The Executive Director will provide the Commission with a draft email policy for consideration prior to implementation that will address these and other issues.

Report on License Numbers: As of August 1, 2025, there are 101,428 brokers and firms licensed by the Commission, as follows:

Active Full Brokers – 75,784

Active Provisional Brokers – 3,909

Brokers-in-Charge – 17,086

BIC Eligible Brokers – 6,635

Inactive Full Brokers – 16,299

Inactive Provisional Brokers – 5,436

Firms – 17,076

Limited Nonresident Commercial Brokers – 230

Next Commission Meeting: The next Commission meeting will be held at 8:30 am, September 17, 2025, at the North Carolina Real Estate Commission in Raleigh, NC, and is open to the public. It can be viewed via Zoom online video.

Commission Meeting of July 16, 2025

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 16, 2025

Pending Cases: The Commission entered into consent agreements to suspend 7 licenses, ordered 9 hearings in cases involving licensees, left 8 cases pending, authorized injunctive relief involving 1 licensee, reprimanded 5 licensees, accepted the permanent voluntary surrender of 4 licensees, accepted the voluntary surrender of 1 licensee, revoked 1 license, and closed 4 cases.

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: 12; total approved: 1; approved with conditions: 6; continued: 4; 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, click here License Examination Results.

Renewals: The Director of Education and Licensing provided a report on the 2025 Renewals, noting that following closeout on July 1, 2025, 88% of brokers and 91% of firms renewed their licenses, slightly below the previous year’s renewal percentages. A total of 2,439 licensees were marked inactive due to a CE deficiency, and 13,713 brokers, 1,654 firms, and 85 LNCLs expired due to failure to renew. The Director of Education and Licensing noted that in the last two weeks, License Services has reinstated 1,428 brokers, firms, and LNCLs. The Director of Education and Licensing commended IT and License Services on the refined, expedited renewal process. The Director of Education and Licensing reported that there were a variety of late reporting issues with certain education providers during this renewal season that are being referred to Regulatory Affairs. Only one instructor’s certification to teach Prelicensing was limited due to the “40% rule” (21 NCAC H .0210).

Year-End CE Student Survey: The Assistant Director of Education and Licensing provided a report on the year-end CE student survey noting that 4,847 surveys were returned over the course of the year. Overall, the reviews were extremely positive.

Update Instructor Seminars: The Assistant Director of Education and Licensing reported that there have been three Update Instructor Seminars offered by the Commission this fiscal year. So far, 174 instructors have attended the seminar, enabling them to teach the new Update course. There are five more sessions scheduled through the end of the license year. Feedback indicates that the educators are excited that the course content can be taught in the allotted time. The theme of this year’s Update is “How to be a Broker Superstar.” The Director of Education and Licensing shared with the members a video an instructor created using AI, commending the Commission’s education staff.  

License Law & Commission Rules: The Assistant Director of Education and Licensing reported that the License Law and Commission Rules publication is being updated to include statutory and rule changes along with a revised, modernized “Comments” section; publication is planned for September 2025.

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 June 30, 2025. The Chief Financial Officer reviewed a new investments chart included in the Exhibit, which depicts the time, maturity dates, and rate of return for each of the Commission’s investments. This chart will be included in the Commission’s Consent Agenda going forward.

FY2025-2026 Projected Receipts and Disbursements: The Chief Financial Officer presented the FY2025-2025 Projected Receipts and Disbursements. Mr. Ramseur reported that the Finance Committee (Mr. Alston and Mr. Ramseur), along with Mr. Lindsey, had earlier reviewed the projections in detail. He indicated that it is a conservative budget and is endorsed by the Finance Committee. Upon the motion of Mr. Ramseur on behalf of the Finance Committee, the Commission accepted the Projected Receipts and Disbursements for the Fiscal Year Ending June 30, 2026, as presented. 

Legislation: The Director of Regulatory Affairs reviewed the Legislative Report, which summarizes bills currently pending in the General Assembly that relate to real estate brokerage, occupational licensing, or other matters of interest to the Commission.

Potential Fee Increases: The Executive Director presented the Commission with an analysis of the Commission’s permitted fees, and the revenue increases that could be achieved by increasing application fees and course fees along with the renewal fee increase currently under consideration. Mr. Ramseur stated that the Finance Committee reviewed the report and recommends that the Commission pursue rulemaking to increase the additional fees listed, given the deficit that the Commission is facing. Upon a motion from Mr. Ramseur on behalf of the Finance Committee, the Commission approved initiation of rulemaking to consider increasing the application fee by $5.00 for individual brokers (original and refiles), firms, limited nonresident commercial licensees and reinstatements more than six months after license expiration. Upon a motion from Mr. Ramseur on behalf of the Finance Committee, the Commission also approved initiation of rulemaking to consider increasing the fees for the BIC Course from $110 to $150, the Trust Account Course from $45 to $50, and the Issues & Answers Course from $85 to $250. Upon a motion from Mr. Ramseur on behalf of the Finance Committee, the Commission also voted to increase the course fees for the Instructor Development Workshop (IDW) from $25 to 40, New Instructor Seminar from $85 to $200, Update Instructor Seminar from $0 to $100, and the Educators’ Conference from $50 to $100; Mr. Black and Ms. O’Connor were recused from the vote.

Various Real Estate and Business Law Changes: The Assistant Director of Regulatory Affairs reported that Senate Bill 690 (SL2025-52), Various Real Estate and Business Law Changes, was signed into law by Governor Stein on July 2, 2025, including a directive to the Commission to change its Rule A .0112 concerning commission provisions in standard form offers to purchase and contract. The Assistant Director of Regulatory Affairs noted that rulemaking is ongoing to make changes to the Commission’s current rule, but these changes do not fully meet the requirements of the new law. Consequently, the Assistant Director of Regulatory Affairs recommended that the Commission withdraw this rulemaking and ask staff to revise the language to be consistent with SL2025-52. Upon a motion from Mr. Aceto, the Commission withdrew its directive for the existing rulemaking concerning commission provisions in contracts and voted to commence rulemaking to align with the provisions outlined in SL2025-52. The Assistant Director of Regulatory Affairs stated that staff created a statement to inform brokers that the Commission will not enforce provisions of the current rule that are subject to change, providing that a broker acting as an agent in a real estate transaction may use a preprinted offer or sales contract form containing provisions concerning the payment of a commission or compensation, including the forfeiture of earnest money, to a broker or firm. Upon a motion from Mr. Alston, the Commission adopted the text to push out to brokers. Mr. Ramseur was recused from the discussion and both motions in this matter.

Possible Future Projects: The Executive Director presented a list of future projects to the Commission, noting that some of the projects are carry-over items from last year, as well as new projects for the current fiscal year and beyond. Mr. Black would like to include modernizing the illustrations in the Square Footage Guidelines for Project 10; the Executive Director concurred. The Executive Director noted that project 19, the modular licensing framework, requires a statutory change. Upon a motion from Mr. Ramseur, the Commission voted to adopt the project list as presented, with the postponement of project 19’s statutory changes regarding wholesaling, HOAs, and the modular licensing framework. Mr. Bell voted against the motion as to postponement of the statutory changes.

Appearances and Speeches: The Executive Director provided a report on recent speeches and reviewed the upcoming speeches and appearances by Commission members and staff.  Mr. Lindsey commended the staff on engaging with licensees and being broad in their outreach.

Report on License Numbers: As of July 1, 2025, there are 113,077 brokers and firms licensed by the Commission, as follows:

Active Full Brokers – 77,990

Active Provisional Brokers – 3,781

Brokers-in-Charge – 16,684

BIC Eligible Brokers – 6,789

Inactive Full Brokers – 14,415

Inactive Provisional Brokers – 4,351

Firms – 16,119

Limited Nonresident Commercial Brokers – 202

Next Commission Meeting: The next Commission meeting will be held at 9:00am, August 13, 2025, at the North Carolina Real Estate Commission in Raleigh, NC and is open to the public. It can be viewed via Zoom online video.