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Commission Receives Education Award

The Real Estate Commission has received a 2006 Education Award for its Postlicensing Education Program from the Association of Real Estate License Law Officials (ARELLO).

The Postlicensing Education Program was implemented April 1 as part of the new “broker only” licensing system that converted existing “salesperson” licenses to broker licenses on “provisional” status and added, among other changes, a 90-classroom-hour postlicensing education requirement for new licensees.

Three 30-hour postlicensing courses – Brokerage Relationships and Responsibilities, Contracts and Closing and Selected Topics – were developed to be completed by licensees within three years after initial licensure. The Commission’s North Carolina Real Estate Manual was revised and updated to serve as the text for the postlicensing courses.

Larry A. Outlaw, Director of Education and Licensing, said that the program “emphasizes the practical aspects of brokerage and should be a huge benefit to both consumers and licensees.”

This article came from the October 2006-Vol37-2 edition of the bulletin.