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Updated over 6 years ago,
Transferring Real Estate License
Hello all. I am a new investor in North Carolina looking for my first deal. I am currently working with a realtor, however I have decided I would like to get my own license at some point so I can see more properties and put out more offers without having to wait on someone else's schedule. I don't have any plans to work as a real estate agent, I want the license solely to help with my investing.
My problem is, North Carolina doesn't allow you to take the pre licensure course online. I work a full-time schedule of 12-hr shifts, and my schedule is different every week and includes weekends, so there is no way I can take a classroom course without quitting my job. I am considering getting licensed in another state that does allow online courses (thinking Virginia), then transferring the license to North Carolina. This seems like a roundabout way to do it, but is the only option I can see at present.
Has anyone else ever done something similar? Are there any rules preventing this, or requirements like making a certain number of sales in the state I'm licensed in before I can transfer the license? Any input would be appreciated.