How to determine if you have BIC Eligible status

Have you ever wondered what Broker-in-Charge (BIC) Eligible status means? Do you know if you hold BIC Eligible status or if you meet the requirements to attain it?

To determine whether you hold BIC Eligible status, log into your license record on the Commission’s website:

1. go to www.ncrec.gov;
2. click on Licensing;
3. click on Licensee Login; and
4. click on View/Update License Record.

The View/Update Information page shows whether you currently hold BIC Eligible status. If you do, Yes will appear beside BIC Eligible status. If you do not currently hold the status, No will appear beside BIC Eligible status.

In order to qualify for BIC Eligible status, a broker must:

1. hold an active license;
2. have obtained at least two years of real estate brokerage experience equivalent to 40 hours per week within the previous five years;
3. submit the Request for BIC Eligible Status and/or BIC Designation form (REC 2.25); and
4. complete the 12-hour BIC Course within one year before submission of Form 2.25 or within 120 days after submission of Form 2.25.

A broker must first have BIC Eligible status to be designated as a BIC. A broker who has BIC Eligible status may step in and out of active BIC designation by submitting the Request for BIC Eligible Status and/or BIC Designation form (REC 2.25).  

BIC Eligible status may be maintained indefinitely by a broker who:

1. renews their broker license between May 15 and June 30 every year; and
2. completes the Broker-in-Charge Update (BICUP) course and a four-hour Commission- approved continuing education elective course by June 10 each year.

See Commission Rule 58A .0110 for a full explanation of BIC Eligible status and BIC designation. For more information or to ask a question, contact the Education and Licensing Division at LS@ncrec.gov or 919.875.3700.