Bulletin 1986 V16-4


EDUCATION REPORT

By Larry A. Outlaw
Education Director

COMMISSION RECEIVES NATIONAL RECOGNITION

The National Association of Real Estate License Law Officials has awarded the N.C. Real Estate Commission a Certificate of Recognition for outstanding achievement in the development of the publication Real Estate Licensing in North Carolina.

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Real Estate Commission Chairman Brantley T. Poole (right) accepts NARELLO Education Recognition Award.

This 47-page booklet is furnished to all applicants for North Carolina real estate licenses and contains

  • General Information on Real Estate Licensing

  • the North Carolina Real Estate License Law M the Real Estate Commission's Rules and Regulations

  • Trust Account Guidelines

  • a Study Guide for the License Law and Rules, and

  • an Application for Real Estate License Form and return envelope.

    DALRYMPLE AWARDED SCHWEIDLER SCHOLARSHIP

The Real Estate Commission is pleased to announce that Mrs. Linda B. Dalrymple of Sanford has been awarded the 1985 Joe Schweidler Memorial Scholarship. The scholarship is presented by the Commission to the student who achieves the highest scholastic average in Course B of the REALTORS Institute during the academic year. It is given in honor and memory of Joseph F. Schweidler who served as Secretary-Treasurer of the Real Estate Licensing Board from 1960 to 1975.

The Commission congratulates Mrs. Dalrymple on having achieved this special honor.

1986 REAL ESTATE INSTRUCTOR WORKSHOP

The Real Estate Commission, in conjunction with the North Carolina Real Estate Educators Association (NCREEA), will hold its annual Real Estate Instructor Workshop at the Jane S. McKimmon Extension Education Center in Raleigh on April 29 and 30.

This year's program will include presentations on classroom communications, new developments in pre-licensing education and the real estate license examinations, the application of agency and related law to co-brokered sales transactions, and new developments in real estate finance. There will also be a special seminar for new instructors.

The Workshop is intended primarily for Commission-certified real estate instructors and members of NCREEA, but is also open to others interested in real estate education on a space-available basis.

LICENSE EXAM UPDATE

January 1986 marked the 2nd anniversary of the Real Estate Commission's "in-house" license examination program. By "in-house" we mean that the development and administration (scheduling, scoring, etc.) of the state examinations for real estate broker and salesman licenses is controlled, and in most cases performed, by the Real Estate Commission staff, rather than contracted to a private testing company for these services.

Since January 1984, more than 35,000 license applicants have been scheduled (or re-scheduled) for examination under this new system; more than 30,000 persons have been tested; and nearly 16,700 licenses have been issued.

Over the past two years, efforts have been made to refine the examination and the administrative procedures. We have been especially successful in reducing the "waiting period" for candidates between the time they sit for their examination and the issuance of their score reports and license certificates. Under the previous examination system, candidates were generally sent their examination score reports two weeks after taking the examination. Then, if they passed their examination, an additional two to three weeks were needed in order for the Commission to issue the license certificates. But under our current "in-house" system, score reports and licenses are usually sent to examinees within 5 to 7 business days after their examination. Consequently, as a result of recent changes in the salesman license transfer procedure, persons can often begin working as real estate brokers and salesmen within ten days after passing their license examinations.