North Carolina exchanges reciprocal licensing privileges with a number of other states. This does not mean, however, that a North Carolina broker or salesman may transact business in these states on the basis of his North Carolina license alone. He must also obtain a license in the other state by complying with all of their licensing requirements with the exception of an examination, which may be waived.

Because of differences in the licensing requirements in the various states, reciprocal licensing has posed some problems. A newly-enacted amendment to the North Carolina Real Estate Licensing Law should do much to place North Carolina in a more equitable position. This amendment permits the North Carolina Board to require applicants from other states to meet the some terms and conditions for licensing that North Carolina applicants must meet in qualifying for license in such other state.

Reciprocity is a privilege and not a matter of right. It depends on mutual respect and cooperation between real estate commissions and licensees alike in order to operate in fair and reasonable manner.

Listed below are the states which currently exchange reciprocity with North Carolina. Interested persons may write directly to the real estate commissions of these states for information.