Are you a resident of North Carolina with a passion for real estate? If so, obtaining your real estate license could be the perfect career move for you. Not only will it allow you to work in a dynamic and rewarding industry, but it will also give you the opportunity to help people find their dream homes.
If you don’t know where to start, this article will walk you through the steps you need to take to get your North Carolina real estate license.
So, whether you’re looking to start a new career or simply expand your skill set, read on to discover more.
Fulfill Age and Eligibility Requirements to Earn Your Real Estate License
Before you can begin the process of obtaining your real estate license in North Carolina, you must first meet certain age and eligibility requirements.
For starters, you must be at least 18 years of age and have a high school diploma or equivalent. Additionally, you must pass a criminal records check that covers a total of seven years. If you meet these requirements, you can begin the process of obtaining your real estate license.
Take NC Real Estate Classes
In order to qualify for the North Carolina real estate licensing examination, you must first complete a state-approved, pre-licensing course.
During the course, you will learn about the real estate industry and the laws and regulations that govern it. You will also learn about the different types of real estate transactions, including buying and selling homes, leasing properties, and property management. Additionally, you will learn about the financial aspects of real estate, such as mortgages, loans, and appraisals.
That said, there are various ways to take NC real estate classes, including online courses, classroom courses, and hybrid courses that combine online and classroom instruction. The length of your NC real estate classes can vary depending on the provider, but they will typically take around 75 hours to complete.
Pass the Licensing Examination
Once you have completed the state-approved pre-licensing course, you will be eligible to take the North Carolina real estate licensing examination.
You will need to register for the exam and pay a fee in order to take it. The exam consists of multiple-choice questions in two parts: a national portion and a state-specific portion. The national portion covers topics that are common to all states, while the state-specific portion covers topics that are specific to North Carolina.
In order to pass the exam, you must score at least 57 out of 80 for the national portion and 29 out of 40 for the state-specific portion. If you do not pass the exam on your first attempt, you can retake it. However, you must pay a fee each time you retake the exam.
Find a Job in Real Estate
Once you have passed the North Carolina real estate licensing examination, you will be eligible to apply for a real estate license. But you must first be sponsored by a North Carolina real estate broker. This means that you must find a broker who is willing to hire you as an agent and sponsor your license application.
Finding a job in real estate can be challenging, especially if you are new to the industry. However, there are a variety of resources available to help you find a broker who is a good fit for you. You can search online job boards, attend career fairs, and reach out to local real estate associations for guidance.
North Carolina is a state with a thriving real estate industry, and if you’re looking to start a career in this field, getting your real estate license is the first step. However, you must be prepared for the challenges that come with it.
Real estate can be a competitive industry, and success often requires hard work, dedication, and a willingness to learn.