Per North Carolina Real Estate Commission (NCREC) Rules, all licensed brokers (both provisional and non-provisional) must take a minimum of eight (8) hours of continuing education (CE) each license year to maintain their license on Active status.
For all licensees, four (4) hours of that continuing education must be in the yearly "Update" course - Brokers-in-Charge (BICs) must take the "Broker In Charge Update", everyone else must take the "General Update".
For the additional four (4) hours of CE, all licensees may choose an elective of their preference so long as they do not repeat courses.
CLASS CREDIT REPORTING: Please allow up to 15 days after completing your course for the Real Estate Commission to record your credit. The Pan School of Real Estate will report your course completion to the Commission for you. The certificate is for your records.
The Real Estate Update Course (General Update - formerly Mandatory Update) is a required four hour annual class for licensees who are NOT designated as BIC-eligible and who wish to maintain their license on "Active" status with the North Carolina Real Estate Commission. General Update Topics for 2016-2017 include: THE 4 S’S: SEPTIC, STREETS, STORAGE TANKS, SQUARE FOOTAGE?; TEAMING UP?; UPDATES, REMINDERS AND RESOURCES; and LICENSING AND EDUCATION REVIEW.
This course delves into the world of distressed property. Nothing could be more timely in today's market! Instruction will focus on the methods, rules, and pitfalls that a licensee might encounter when dealing with these very complicated transactions.
The Broker In Charge Updates is a four hour course that will fulfill the update requirements for those brokers who are designated as BIC-eligible. Please note that all acting Brokers In Charge as well as those who have previously been designated BIC-eligible by the North Carolina Real Estate Commission MUST take this course in addition to an elective of their choice in order to maintain their BIC-eligibility. Also note that those who do not have BIC-eligibility will receive NO CREDIT for taking this course. Please consult with the North Carolina Real Estate Commission to confirm your status prior to registration if you have questions about thaking this course. Topics for the 2015-2016 BICAR include: Farewell HUD-1? Hello TRID! What’s TRID?, Sales of Vacation Rentals, Real Estate Agent Safety, Changes in Commission Rules, Contracts and Addenda, License & Education Review, How to Handle Complaints, and Handling of Trust Monies.
For the Good of All... The Realtor Code of Ethics is a real estate elective course designed to address the REALTOR Code of Ethics, including the role of the Grievance and Professional Standards Committees, procuring cause, arbitration and mediation. The course will feature interactive discussion of how ethics are both central to the job of any licensee AND can help brokers be more productive in the profession.
This course is designed to break down the residential inspections process so that every licensee can understand the systems and issues that come up every day. Learn the art of disclosing those all-important material facts!
This course provides an in-depth discussion of the buyers perspective in a residential real estate transaction. Students will learn real-world solutions to the most common issues when dealing with buyers.
In clear and simple language, this text demystifies tax laws and their impact on anyone owning real estate. Students will receive a thorough background on basic tax issues, calculations, and formulas in order to gain the knowledge and practice necessary to better assist clients on tax-related questions and issues. Updates include recent tax law changes and a discussion of tax issues regarding cancellation of debt, foreclosure, and repossession. Real-life examples and case studies with discussion questions offer a context for the material covered.
In a time of financial restructuring and a rapidly developing regulatory environment, this course offers an invaluable resource for real estate professionals practicing in several different fields. From the restructuring of government organizations like Fannie Mae, Freddie Mac, and the new Consumer Financial Protection Bureau to updated private policies regulating loan limits and flood insurance, this updated course examines the current financial environment.
This popular title provides an up-to-date introduction to property management with a practical focus on how to comply with regulations and avoid liability. The features include "Liability Alerts" that offer suggestions for avoiding liability from both owners and tenants, as well as case studies, key terms, learning objectives, review questions, answer keys, and a glossary.
This elective course is designed to cause brokers to "stop...and...think" about his/her actions or inactions when working with buyers and sellers or landlords and tenants, especailly when acting as a dual agent. Specifically, since the creation of the NCREC's agency disclosure rule of 1995, it appears many NC brokers "think" that in order to work with a buyer they must represent that buyer. Where, in reality, there are many instances where brokers should represent the seller only... or the buyer only. This course reviews the various agency laws and rules, and then participants evaluate actual NC cases wherein brokers served as a dual agent, including in one case where the listing agent was also a buyer agent and was also the seller!
This class is a great risk management learning system for real estate brokers as this course allows brokers to learn from the trials of fellow N.C. brokers. This course incorporates a lot of discussion and thinking, as well as negotiations with fellow classmates to determine what each [of you] think the N.C. court said. Each case in this course is based upon a recent N.C. Court of Appeals decision involving a real estate transaction.
This 4-hour CE elective course is designed to assist real estate licensees in better understanding the legal ramifications of real property contract law as determined by the courts of our land. This course reviews 156-actual real estate lawsuits from around the country. The subject matter includes such issues as: Oral Contracts, The Mailbox Rule, Earnest Money Deposits, Specific Performance, Misrepresentation, Compensation Issues, Financing Issues, "As Is" Transactions, Inspection Issues, Contractors, Property Management Issues, Property Insurance Issues, Fair Housing Issues, Use of Police Power, Option Contracts, Bankruptcy Issues
This 4-hour CE elecitve course is designed to navigate the intricate details and elusive question of "When does an offer become a contract?" A seemingly simple question. However, many lawsuits have arisen from sellers and buyers not agreeing on this point. This course addresses electronic signature legislation, fax and email communications, multiple, back-up and contingent offers, and much, much more.
This 4-hour CE elective course is based upon 81 articles published by the N.C. Real Estate Commission (NCREC) in their newsletter, Real Estate Bulletin, from 1970 to the late 1990s. This course is designed as an interactive group exercise and allows each licensee to judge for themselves just how much they do or do not know about the requirements imposed by the NCREC. This course begins with a "Knowledge Quiz", but the book incudes each article, in full, as appearing in the Bulletin. If you are like most licensees who take this elective course you will discover that you do not know as much about the NCREC's position on various positions as perhaps you initially thought.
Today’s real estate practitioner must establish business practices that comply with fair housing laws and offer equal professional service to all. Consistency, objectivity, and documentation are critical in accomplishing this objective. This popular title covers topics important to today's real estate professional. Case studies help students apply the fair housing laws to real-world situations that they may encounter in their own businesses. Key terms and a glossary ensure a complete understanding of the terminology involved, and the book includes end-of-unit quizzes with answer keys, two final exams, and Instructor Resources.
This continuing education title explores the history, evolution, rules, and forms of the strategy used to defer tax liability until a later date. Loaded with real-life examples and calculations, this text allows agents to learn the vocabulary and application of tax-free exchanges so they are better able to answer client questions. A recent review of content ensures students will receive the most up-to-date material.
Sustainable Housing and Building Green: What Agents Should Know takes the mystery out of green and sustainable building concepts for commercial and residential real estate licensees. The text differentiates between government initiatives and nonprofit, private associations and explains how each impacts green building and maintenance practices. Licensees looking to serve the expanding market of consumers interested in high performance building practices will find practical information on products, designations, and certifications such as LEED and Green Globes. Also included are government and nonprofit building practices, as well as new green products on the market.
Brand new course written by Travis Everette and only available here! This course is an interactive look at agency relationships in North Carolina. Learn important tools like how to keep an entire commission while avoiding dual agency. Protect your clients and yourself. Sign up today!
You'll need your card on the first day of class. If you do not have this card, you can reprint it by logging into your NCREC broker or BIC online account and selecting "Print Duplicate Pocket Card" from the main account menu.NCREC Login for Brokers
If you can't remember which classes you've already taken, you can find that information when you log in to your NCREC account.
The school follows the North Carolina Real Estate Commission's policy that all students must attend a minimum of 80% of the scheduled class instruction time for any course. Attendance will be taken at every class session and any student who misses more than 20% of the scheduled class meeting time will not be eligible to sit for the final examination in that course. Time cannot be "traded" from other courses of the same title. A student must attend 80% of the scheduled class instruction time for the class in which that student is registered. This does not mean that students are expected or encouraged to miss any class time. All students are expected to be in every class session and will be solely responsible for the material missed during any absence.
Each of the pre-licensing courses offered by the school has a mandatory end of course examination. Students will be eligible to sit for the examination if they have met the above attendance requirements and they have completed all in-class and homework assignments over the duration of the course. The final grade of the course is based entirely on the score of the student's final examination. In Broker Pre-Licensing classes, students must obtain a score of 80% or better in order to pass the course.
Should a student fail an end of course examination, one re-take opportunity will be provided by the school within 30 days of the initial test date. This examination will be of the same type and length as the original, but will consist of different examination questions. Scheduling of re-take exams will be at the convenience of the school.
Once any course offered by the school is successfully completed, the student will receive a course completion certificate and their status will be updated with the North Carolina Real Estate Commission so that they may apply to sit for the state licensing examination.
Continuing Education - $95 for 8 hours when you preregister online or over the phone before the day of class! Walk ins are not eligible for this discount. Classes must occur on the same day, in-person to qualify.
Broker Post-Licensing - $215 for each course or $560 for all three! (To receive the discounted price, the full amount of $560 must be paid when registering for the first Post-Licensing class.)
Military Discount -We are proud to support our troops and offer a 25% discount to all active Military members or Veterans! Please call us at (919) 301-8764 for details.
The Military discount, if applicable, is extended from the Pan School of Real Estate and applies to tuition at the Pan School of Real Estate only. Any reporting fees or other costs associated with the NC Real Estate Commission are not discounted.