If your license status is “PBT”, (you were licensed as a real estate salesperson before October 1, 2005, and your license was converted to a broker license on provisional status April 1, 2006), you have until April 1, 2008 to either complete the Broker Transition course or certify that you have a certain amount of real estate experience.
On April 1, 2008, your license will be placed on inactive status (if not already on inactive status) unless you have completed the 24-hour Broker Transition course or completed and submitted the Provisional Broker Certificate of Experience.
In addition, you will be required to complete the three 30-hour postlicensing courses and any required continuing education in order to reactivate it.
The BTC has no exam at the end and counts as your continuing education elective course for this year. For course dates and locations, go to the Commission web site, www.ncrec.state.nc.us, click “Continuing Education”, click “CE Course Schedule” and scroll down to “24 Hour Broker Transition Courses”.
Since course availability could be a problem as the April 1, 2008, deadline approaches, we advise you to enroll in the BTC as soon as possible.
You are not required to take the BTC if, during the past six years, you have engaged in activities which required a real estate license on a full-time (or equivalent part-time) basis for at least four years. Activities which require a real estate license include listing, selling, buying, leasing or renting real estate for others for a fee. “Full-time” means at least 40 hours per week or 2000 hours per year.
You can certify this experience at the Commission’s website. On the Home page, click on “To submit Provisional Broker Certificate of Experience”, log in by entering your license and PIN numbers and click on “Certification of Experience”.
This article came from the October 2007-Vol38-2 edition of the bulletin.