How long does NC real estate license last?
All North Carolina real estate licenses expire on June 30 of each year. To maintain a “Current” license, a licensee must pay the license renewal fee between May 15 and June 30.
How long can my NC real estate license be inactive?
As long as you pay your renewal fee on time every year, your license can remain on Inactive status indefinitely.
How much does it cost to renew NC real estate license?
The annual period for renewal of your real estate license begins at midnight on May 15 and continues until June 30. The renewal fee is $45.00. Per Commission Rule 58A. 0503, you must renew online at www.ncrec.gov.
Is the NC real estate exam hard?
North Carolina is one of the hardest, if not THE hardest state to get your Real Estate license in.
How much is the NC real estate exam?
Real estate exam and licensing fees
In the state of North Carolina, there is a $30 application fee to take the exam and then an exam fee of $66. The exam fee will vary in other states, but it is typically between $50 and $75.
Does a Realtor license expire?
However, a real estate license is by no means permanent. Real estate departments in every state require that licensees continuously renew their licenses, and impose additional requirements—namely, real estate continuing education courses—in order for professionals to stay licensed.
How long does a real estate license last?
Q. – How long is a real estate license good for? A. – The term of a real estate license is four years.
How long does it take to get a real estate license?
On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.
What does an inactive license mean?
Inactive license means a license that has expired because it was not renewed by the end of the grace period. … Inactive license means any license that is not a current, active license. Inactive license may include licenses formerly known as delinquent, lapsed, or retired.
How do I reinstate my real estate license in NC?
To reinstate a license expired for more than 2 years:
- Successfully complete the 75-hour NC Broker Prelicensing course;
- Submit a license application with $100 original application fee and all required documentation, including criminal background report; and.
- Pass National and State sections of license exam.