Post Licensing
Time to Take the Next Step!!!
You now have your license and that provisional status that requires some extra training! You must now take 3 30-hour courses in order to remove the provisional status from your license. At least one of these courses must be completed each year prior to the broker’s license anniversary date. The courses may, however, be taken sooner, if the broker chooses to do so. These courses may be taken in any order and they are as follows:
#301 Broker Relationships & Responsibilities
The primary objective of the course is to provide instruction at a level beyond that provided in Pre-licensing courses on topics deemed to be of special importance to licensees. Topics addressed in this course include: a review of agency relationships in real estate residential and commercial sales and commercial property management transactions, a real estate broker’s legal duties to clients and customers, a step-by-step review and discussion of the functions and responsibilities of a real estate broker when working with sellers and buyers, a review of issues associated with transactions in progress when a broker leaves a firm, and a review of license status and education issues.
#302 Contracts to Close
The primary objective of the course is to provide instruction at a level beyond that provided in Prelicensing courses on topics deemed to be of special importance to licensees. Topics addressed in this course include: selected basic contract law concepts, real estate sales contract preparation, sales contract procedures, buyer’s due diligence, closing procedures,Real Estate Settlement Procedures Act, closing disclosure preparation, contracts for deed, options, and selected real estate license status and education issues.
#303 NC License Laws, Rules and Concepts
The primary objective of the course is to provide instruction at a level beyond that provided in Pre-licensing courses on topics deemed to be of special importance to licensees. Topics addressed in this course include general North Carolina licensing requirements, brokerage compensation issues, the disciplinary process, specialized types of real estate, property management in NC, and miscellaneous NC laws and legal concepts.
***NOTE***
- There will be an end of course exam for each class.
- A manual will need to be purchased separately unless you already own the current addition.
- Per NCREC Rules when taking post licensing 303 a copy of the Licensing, Laws and Rules must be purchased the cost is $4.00. We have included this price into the course price.
- We offer a discount of $20.00 when all 3 post licensing courses are taken at Terry Farr Real Estate School, Inc. Please call for a special coupon code to give you the discount when ordering your 3rd class online.
Frequently Asked Questions
Q: When can I begin taking Post Licensing?
A: You can begin taking Post Licensing as soon as you become licensed by the state.
Q: How often can I take a Post Licensing class?
A: Per NCREC Licensing rule A.1904 (a)(3) Post licensing credit may be denied should a provisional broker attend a Post licensing course while concurrently attending a different Post licensing course at the same school or a different school if such concurrent attendance in the two courses resulted in the provisional broker participating in Post Licensing course sessions for more than 30 instructional hours in any given seven-day period.
Q: Do I have to take the Post Licensing courses in order; 301, 302, 303?
A: No you may take the courses in any order, however, they were designed to be taken in order.
Q: I waited until the last minute to take Post Licensing, can I get an extension?
A: Maybe? Per NCREC Licensing Rule A.1903, an extension could be granted if you can provide satisfactory evidence to the Commission for the delay. Per the rule, you will not be granted an extension if the Commission feels the reason for the delay was due to the provisional broker’s failure to obtain the required education in a timely manner. If this question does not satisfactorily answer your question, it would be wise to contact the Commission at (919)875-3700 to discuss your situation.