Following two sessions held in Raleigh on April 2 and May 7, the Real Estate Commission's Broker-in-Charge Advisory Committee submitted a number of recommendations to the Commission regarding the functions and responsibilities of brokers-in-charge.
The Advisory Committee was formed by the Commission to examine its existing rule governing brokers-in-charge which was adopted in 1983. Serving on the Committee were: Neal Hanks (Asheville), William Lackey (Charlotte), Will Martin (Greensboro), Chet Oehme (Fayetteville), Ronald Rosenberg (Winston-Salem), Margaret Rudd (Southport), Donald Walston (Raleigh), and Assistant Attorney General Harriet Worley. Commission Executive Director Phillip Fisher acted as Moderator.
In response to the Advisory Committee's recommendations, the Commission
1. Agreed to explore ways to expedite the process for notifying the Commission of changes in broker-in-charge, including allowing additional time to furnish the signatures of salesmen.
2. Endorsed certain guidelines for brokers-in-charge to follow for supervising real estate salesmen.
3. Initiated rulemaking to consider amending its rules to eliminate the requirement that license certificates be displayed, to require that "Verification of Salesman Experience" forms be furnished to salesmen only upon their request, and to clarify rules regarding the maintenance and retention of transaction records.
4. Directed staff to develop a continuing education elective course on broker-in-charge functions and responsibilities.
5. Directed staff to initiate a study to determine the feasibility and advisability of eliminating the salesman license category in favor of a single license.
The Commission expressed to the Advisory Committee members its appreciation for their very positive and insightful suggestions.