Commission Meeting of September 11, 2019

Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meetings:

Commission Meeting of September 11, 2019

Pending Cases: The Commission, following two hearings. revoked one license and, in the second case, adjourned to deliberate with a decision to be communicated at a later date; entered into consent agreements to suspend three licenses and reprimand five licensees; rejected a proposed consent agreement involving one licensee; extended the time within which a licensee must satisfy the conditions of the Consent Order previously entered into with the Commission; and ordered hearings involving 12 licensees.

License Applications Involving Character Issues: Applications for licenses from persons who have character issues such as prior criminal convictions or disciplinary action by another licensing board are separately reviewed by the Commission. Decisions are made based upon criminal background checks, information supplied by the applicant, and in-person interviews. Total candidates reviewed: 18; total approved: 15.

License Examination Results: A summary of key data relating to persons taking the examination for the first time is provided below:


Individuals Tested for the First Time

Took prelicense course

Hold license from another state


August 2019

September 2018 through

August 2019


August 2019

September 2018 through

August 2019

# Tested

636

6894

14

217

% Pass both sections

56%

55%

N/A

N/A

% Pass National section

88%

83%

N/A

N/A

% Pass State section

57%

58%

43%

41%

Proposed Subject Matter for Rulemaking: Staff reviewed with the Commission a summary of proposed subject matter for rulemaking. The Commission directed the staff to proceed with the rulemaking process to clarify authorization of dual and designated agency and to proceed with rulemaking as to all the other topics described except the proposed change to Rule A .0104 concerning conflicts of interest by property managers.

Update on 12-hour Broker-in-Charge Course Development: Staff noted that the last in-person, classroom-based BIC Courses are this month and that on October 1 the new blended learning solution begins. The new requirements include completion of an 8-hour online component, followed by a four-hour “classroom” component and, either a live, online synchronous learning environment or in-person at the McKimmon Center in Raleigh.

Emerging Trends: Commission Member Cindy S. Chandler reviewed with the Commission an article from Inman News entitled, Keller Williams advises charging 0% to clients who sell to Offerpad.

Report on License Numbers: The Commission was advised that as of September 1, 2019, there are 108,429 brokers and firms licensed by the Commission, as follows:

  • Active Brokers 70,950
  • Active Provisional Brokers 9,475
  • Inactive Brokers 23,272
  • Inactive Provisional Brokers 7,163
  • Firms 13,068
  • Brokers-in-Charge 16,929
  • BIC-Eligible Brokers 3,712
  • Limited Nonresident Commercial Brokers 259

Next Commission Meeting: The next Commission meeting will be held at 9:00 a.m., Wednesday, October 16, 2019, at Raleigh, North Carolina and is open to the public.