Commission Meeting of March 16, 2022

Pending Cases: The Commission entered into consent agreements to suspend 6 licenses, closed its case without action against 1 licensee, accepted the permanent voluntary surrender of 2 licenses, left 2 cases pending, voted to extend deadlines to a later date in 2 cases, reprimanded 2 licensees, revoked 2 licenses, and ordered hearings in cases involving 9 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: 12; total approved:10.

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

February 2022

March 2021 through February 2022

February 2022

March 2021 through February 2022

# Tested





% Pass both sections





% Pass National section





% Pass State section





Legislative Report: The Commission reviewed the Legislative Report, noting that the General Assembly adjourned on March 11 and will reconvene on April 4.

Dual Agency: Staff reviewed the current rule, 21 NCAC 58A .0104, regarding dual agency and reminded the Commission of the information provided in the Q&A on Working With Real Estate Agents and the two reports on dual agency staff presented at previous Commission meetings. The Commission discussed generally whether a single agent should be allowed to continue practicing dual agency and the possibility of some form of transaction brokerage, either of which would require rulemaking.

2022 NCREC Educators Conference: Staff provided to the Commission an overview of the 2022 NCREC Educators Conference agenda which will be held via Zoom on Tuesday, March 29 from 8:30 a.m. to 5:00 p.m. It was noted that the conference sold out in three-and-a-half hours. Videos of the conference presentations will be posted shortly after the conference. Instructor development credit will not be awarded for watching the video recordings. However, the Commission’s new distance IDWs – Instructor Development Workshops – will be posted in early April for those instructors who need credit.

Education Town Hall: Staff reported that the first Town Hall meeting for education providers and instructors was held on Friday, March 4, 2022. Ninety-two educators attended and the covered topics included the proposed rule changes and instructor development credit. Staff was pleased with the number of participants but noted that no new topics were discussed. The next Town Hall will take place in June with the hope that those present will generate ideas for the next year. The recording of the first Town Hall has been posted in Sharefile. The Commission reported that educators asked if staff can provide exam pass rates for different course delivery formats. Staff responded that right now the Commission systems are not set up to report this type of data but staff is working on it.

Report on License Numbers: As of March 1, 2022, there are 124,621 brokers and firms licensed by the Commission, as follows:

  • Active Brokers 82,970
  • Active Provisional Brokers 6,467
  • Brokers-in-Charge 17,772
  • BIC-Eligible Brokers 5,322
  • Inactive Brokers 25,470
  • Inactive Provisional Brokers 7,388
  • Firms 15,897
  • Limited Nonresident Commercial Brokers 284

Next Commission Meeting: The next Commission meeting will be held at 9:00 a.m., Wednesday April 20, 2022, in Fayetteville, North Carolina, and can be viewed via Zoom online video.