Continuing Education Classes
The 2009-2010 North Carolina Real Estate Continuing Education Requirement involves two courses: Mandatory Update and an Elective. These classes are taught the same day but can be taken separately if desired
Cost: Costs are posted per class. Specific course costs can be found by Clicking Here.
Mandatory Update #9910 Residential Version - 4 hour credit
| Section 1: | Agency Disclosure Requirements |
| Section 2: | Selected Property Management Issues |
| Section 3: | "Due Diligence" in Residential Transactions |
| Section 4: | Licensing and Education Issues |
| Section 5: | Summary of NCAR Residential Form Changes |
Mandatory Update Commercial Version #9910 - 4 hour credit
The commercial version of the mandatory update, taught by Cindy Chandler will be coming to WNC April 2010.
| Section 1: | Agency Disclosure Requirements |
| Section 2: | Selected Property Management Issues |
| Section 3: | "Due Diligence" in Commercial Transactions |
| Section 4: | Licensing and Education Issues |
Elective Courses - 4 hour credit
Broker in Charge Annual Review Course (BIC Mandatory CE) #2012
| Section 1: | Dual and Designated Dual Agency Revisited |
| Section 2: | Compensation Issues |
| Section 3: | Broker-in-Charge Requirements |
The Broker-in-Charge Annual Review Course must be taken by every Broker-in-Charge or those who want to remain BIC Eligible. It is the "REQUIRED ELECTIVE" every year for the Broker-in-Charge. In order to receive elective credit for the BICAR elective, one must be BIC Eligible. To find out if you are BIC Eligible go to the North Carolina Real Estate Commission website and login under BIC Only. If you are BIC Eligible, you will have the option of "Print BIC Eligible Document." Bring this document with you to class.
Sustainable Housing and Building Green: What Agents Should Know
It's getting easier to be green! The recent stimulus funds for green building and living green have sparked a lot of interest. Familiarize yourselves with up-to-date information as it relates to real estate professionals and their clients with this new class. This class will cover topics such as Green Building, Sustainable Building Concepts, Energy Audits, and the Role of Appraisers, Lenders and Real Estate Licensees in building green and living green.
Go Green and Get Green ($$$)!
How to do a 1031 Like Kind Exchange #2527
Do you want to understand tax deferred realty exchanges? Broaden not only your knowledge of the real estate industry, but also broaden your income options! Learn how to save you and your customers and clients thousands of dollars in taxes. In this class Bill will explain the history and criteria of the 1031 exchange, the tax impact of a sale without an exchange, reinvestment requirements, critical elements of an exchange, identification and exchange period timetables, the tax deferred exchange process, reverse exchange procedures, and reporting the exchange. It sounds intense and it is. It is certainly not a fluff class. Bill keeps it lively and is there to answer all of your questions with expertise. Bill Horan is a Certified Exchange Specialist and shares his knowledge in the classroom twice a month. In April 2005, Bill Horan handled 150 exchanges. This class is nationally recognized winning the Best Single Education Program of the year.
How to do a 1031 Like Kind Exchange Frequently Asked Questions
Anatomy of A Deal (Commerical Elective)
This 4 hour program covers the steps the mortgage broker/banker and lender take when analyzing income producing real estate for financing. A knowledgeable broker must understand this process to effectively assist the buyer or seller of investment real estate. (Taught by Cindy Chandler)
Contracts & Closings: Oops & Goofs #2748
Contracts are the basis of making money in real estate. With the new contracts of 2009, let's review the changes and common mistakes. As NC real estate agents, we are responsible for closing statements. Although it is a well known fact that the attorney usually prepares the closing statement, we challenge you to show your knowledge with an up to date refresher on closing statements. We will cover what is required for disclosure and where it goes on the HUD statement. This class is refreshingly interactive not a sit and listen. This elective was approved October 2005 and has been updated to embrace the massive changes. It is perfect for the beginner to the most advanced agent.
Commercial Real Estate for the Residential Agent #2089
Are you currently selling residential real estate but would like to explore the possibilities of commercial? Expand your knowledge. This 4-hour program covers the basics of retail, office, land, industrial and financing. At completion of this class you will be able to differentiate between the various types of real estate and explain the fundamentals of land selection and financing.
Risk Management #2073
This class provides the essentials of risk management that every sales professional must know to avoid legal problems and give their clients the best service possible. In this litigious society, it is important to learn how to manage your risks including: disclosure, environmental hazards, fair housing, agency and more.
Uncovering the Unknown: Meth and More #2828
Uncovering the Unknown: Meth and More! After much research, Cathy Greer is presenting this unusual and exciting new elective as only she can. Cathy will include in-depth discussions of: Meth, Mold, Straight Piping, Polybutylene Piping, Material Facts, Non-Material Facts, Major House Fires, Suicide and the Paranormal. She will deal with all different aspects of Meth labs including disclosure, home contamination, reporting, clean-up and liability. This is an in-depth look at an increasingly frequent and serious issue facing NC REALTORS. This class is unlike any other ever offered and is sure to be of interest. Register Today!
Important Continuing Education Information
Make absolutely certain that you provide the course sponsor your correct license number. If you became a broker recently, be sure to use your broker number, not your old salesperson number. You must bring your license pocket card to class. By law, you are required to carry it. If you have misplaced your pocket card you may order another one . It is always a good idea when attending a class to dress in layers. Many times it is difficult to control the temperature.
Check your course completion certificate to see that it has your correct and current license number. The course completion certificates are for the agents records only. Agents do not need to report their completion to the NCREC.
North Carolina requires each agent to take 8 hours of continuing education between July 1 and June 10th each year. Four of the eight hours must be the Mandatory Update Course #9910. This class is only taught in person, never online. The four hour elective may be taken online or in person. The Broker in Charge course and the BICAR course count as an elective NOT the Update. In order to receive credit for the BICAR, you must be BIC eligible.
19 Mistakes Commercial Brokers Make #2817
A study of business practices and NC real estate license law, rules, and regulations... and some good ol' common sense. Taught by Cindy Chandler
Ethics in Today's Real Estate World #2811
This is a class provided by Dearborn and meets the Quadrennial Requirement for CE with the National Association of Realtors. Although this course has been designed to meet the needs for the mandated NAR quadrennial ethics training, it is up to each local board office to decide if this course is approved. Please check with your local board office to be sure it has been approved to meet this requirement! NCREC Sponsor #1304
The following info on this course maybe useful in seeking approval with your local board:
- Case Studies: Based on real-life agency situations as well as scenarios specific to appraisal, commercial real estate and property management.
- Discussion Questions: With 15 of the book's case studies,, for classroom interaction
- NAR Code of Ethics and Case Interpretations: In depth discussion of the NAR Code of Ethics, plus six NAR Case Interpretations.
- Ethics Issues: Typical issues today's real estate professionals are apt to encounter
- Making Ethical Decisions: Guidelines to apply when debating whether a decision is ethical.
This page was last reviewed August 21, 2009