Commission Meeting News


commission_seal

Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meetings:

A PDF version is also available here.

Commission Meeting of October, 2018

Pending Cases: The Commission accepted the permanent voluntary surrender of four licenses; entered into consent agreements to permanently revoke three licenses, suspend six licenses, and reprimand one licensee, and closed one case without action; approved payment from the Real Estate Education and Recovery Fund totaling $5,000 to one claimant due to the misconduct of Ann Locklear, a former North Carolina real estate broker; and ordered seven hearings.

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: 50; total approved: 37.

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


September 2018

October 2017 through September 2018


September 2018

October 2017 through September 2018

# Tested

452

7253

15

769

% Pass both sections

57%

58%

N/A

N/A

% Pass National section

80%

80%

N/A

N/A

% Pass State section

61%

62%

53%

33%


Timeshare Project: The Commission approved the application of Outer Banks Beach Club Associations, Inc., developer, for the timeshare project, Outer Banks Beach Club Associations, Inc., located in Dare County, North Carolina.

Emerging Trends: The members discussed person-to-person rental companies and issues confronted by consumers and vacation rental managers following the recent hurricanes, including denial of insurance.

Report on License Numbers: The Commission was advised that as of October 1, 2018, the Commission has 103,561 brokers and firms, as follows:

Next Commission Meeting: The next Commission meeting will be held at 9:00 a.m., Wednesday, November 14, 2018, at Raleigh, North Carolina and is open to the public.