If you are broker-in-charge of a real estate office, you should before June 30 (the deadline for renewing real estate licenses) verify that all licensees under your supervision have renewed between May 15 and June 30. You may do so online at the Commission’s website, www.ncrec.state.nc.us.
The “BIC Only” tab on the website gives you access to a variety of current data on brokers.
To view and print the information, click on the tab and enter their license number and PIN (the last four digits of their Social Security number unless they have changed it).
You will find:
• A listing of all licensees which, according to Commission records, are affiliated with you or under your supervision.
• The “level” of their licenses – “PB” (Provisional Broker), “PB9” (Provisional Broker who must complete postlicensing courses by April 1, 2009 when the level will cease to be applicable), or “B” (Broker).
• Their license renewal date.
• Their continuing education credits (if needed).
If any of your agents have not renewed their licenses, you may renew them. This is important because you, as broker-in-charge, are subject to disciplinary action if a broker at your office continues to list, sell, etc. real estate after his or her license is expired.
This article came from the January 2009-Vol39-3 edition of the bulletin.