Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meetings:
Pending Cases: The Commission permanently revoked one license; accepted the voluntary surrender of one license; presided over a hearing concluded by settlement; entered into consent agreements to suspend three licenses and reprimand three licensees; ordered 12 hearings; approved on certain conditions the issuance of three broker licenses on provisional status; authorized its Regulatory Affairs Division to seek injunctive relief involving one individual and to refer for criminal prosecution if necessary; and reconsidered and rescinded its previous decision to order a hearing.
Annual Rulemaking Report: Staff reported that the rule changes included in the Commission’s annual rulemaking were approved by the Rules Review Commission at its April 19, 2018, meeting, and will become effective July 1, 2018. The revised rules are available on the Commission’s homepage, www.ncrec.gov.
Legislative Report: Staff reviewed with the Commission a report showing the status of bills of interest to the Commission in the legislature that made the crossover deadline and are eligible for continued consideration in the upcoming legislative session. Staff noted that one potential bill has been summarized in the report that is pending introduction following discussion by the General Assembly’s Administrative Procedures Oversight Committee, concerning financial reporting by occupational licensing boards. Staff noted that in the future, the APO will be looking at performance measures for the boards.
Schweidler Memorial, Little Memorial, and Fisher Scholarships: The Commission voted to award the Joe Schweidler Memorial Scholarship and the Blanton Little Memorial Scholarship to recipients named by the NC Realtors, and the Phillip T. Fisher Scholarship to recipients named by the NC Realtors’ Council of Residential Specialists, each based on merit and each in the amount of $400 for tuition and fees.
License Examination Results: A summary of key data relating to persons taking the examination for the first time is provided below:
Individuals Tested for the First Time
Took prelicense course
Hold license from another state
through April 2018
through April 2018
% Pass both sections
% Pass National section
% Pass State section
State License Examination Content Outline: Staff reviewed with the Commission the 2019 License Examination State Section Content Outline as revised in accordance with the State job analysis. The Commission accepted the report.
Emerging Trends: The Commission discussed issues faced by property managers whose clients want them to list property on rental-by-owner websites, including difficulties in obtaining vacationer information and providing those vacationers with documents required by the Vacation Rental Act, as well as uncertainty around the collection of occupancy taxes. The Commission also discussed issues arising when inexperienced buyers use limited services companies who do not give them advice or assistance in the transaction. The Commission requested that they discuss over the coming months wholesaling, “Coming Soon” advertisements, and whether there should be a duty imposed on a broker to disclose their license status in personal transactions.
License Applications Involving Character Issues: Applications for licenses from persons who have character issues such as prior criminal convictions or disciplinary action by another licensing board are separately reviewed by the Commission. Decisions are made based upon criminal background checks, information supplied by the applicant, and in-person interviews. Total candidates reviewed: 36; total approved: 21.
Report on License Numbers: The Commission was advised that as of April 1, 2018, the Commission has 105,888 brokers and firms, as follows:
Next Commission Meeting: The next Commission meeting will be held at 9:00 a.m., Wednesday, June 13, 2018, at Raleigh, North Carolina and is open to the public.