How to Become a Broker-in-Charge in the State of
North Carolina in 3 Steps
In real estate there are two types of agents, one who enjoys working for a broker-in-charge and another who is looking for more out of their career. If you’re a licensed real estate agent in the state of North Carolina looking to take your career to the next level, then this blog is for you!
Before we begin, let’s dive into how a broker-in-charge (BIC) license differs from a brokers license. The broker-in-charge license category is a higher level where brokers can supervise other brokers—and potentially earn more money. So, what does it take to become a broker-in-charge? This article has everything you need to know about how to become eligible to be a broker-in-charge in North Carolina
Step 1: Obtain Broker-In-Charge Eligible Status
Before you can become a broker-in-charge, you must obtain Broker-in-Charge eligible status. In order to achieve this status, a broker must complete ALL of the following steps:
- Hold an active broker license, provisional license will not be accepted.
- Must be 18 years or older
- Must have a valid Social Security Number
- Pass a Criminal Background Check
- Must have at least 2 years of full-time real estate brokerage experience within the last 5
years or hold a North Carolina attorney license with a practice that consists of primarily
handling real estate closings and related matters in North Carolina for 3 years.
- Submit the Request for BIC Eligible Status and/or BIC Designation form (REC 2.25)
- Complete and pass the Commission’s 12-hour Broker-in-Charge Course no earlier than
one year prior to and no later than 120 days after submission of form REC 2.25.
Step 2: Obtain the Broker-In-Charge Designation
Once you obtain your Broker-in-Charge eligibility, you then can step in and out of active Broker-in-Charge designation by submitting a request form. As long as you maintain BIC Eligible status by renewing your license on-time and completing the correct Continuing Education courses each year, you will not be required to take the 12-hour Broker-in-Charge Course upon redesignation.
Step 3: Maintaining Your Broker-in Charge Designation
In order to maintain your Broker-in-Charge Eligible status and BIC designation, you must:
- Renew your license between May 15-June 30th of each year
- Complete the BICUP (Broker-in-Charge Update) course plus 1 commission approved
elective by June 10th each year. There is a “black out” period from June 11th through
June 30th. No CE courses will be held during this time.
Ready to take your real estate career to the next level?
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