All Forum Posts by: Kyle Groseclose

@Eric Weireter That... would make it completely doable! Would you mostly be handling paperwork at that point? I suppose I had the idea in my head that you would have to operate as an actual agent doing showings, assisting clients, on top of paperwork, etc. etc. which I can only imagine is maybe even MORE than a full time job! :) 

That would be a fantastic opportunity to fulfill that requirement while learning the work in real-time without working into the grave.

Thank you @Eric Weireter! I believe you answered the question well there, though I will clarify that the goal wasn't intended to try to skip the 90 day course, but rather to not work under a firm, or at all for that matter.

It may clarify my intentions a bit to explain that I am a current 9-5 salaryman with a goal of becoming licensed to the degree that I can represent myself in real estate transactions. It is clear to me now that a BIC level is required for that. Your stated requirement of having to hang with a real estate firm with a BIC for 2 years in order to myself become a BIC makes it rather unfortunately clear that you are in fact required to work with a firm, rather than simply continuing your education only. It would presumably be rather difficult to work with a firm while also working a 9-5 job... 

This may be an unfortunate showstopper until I can generate the income through investments to leave the 9-5 and then perhaps return to this goal at that time.

Either way I plan to stick around here, ask, learn, maybe even contribute after said learning! I greatly appreciate the information you all have provided.

Thank you @Brian Corbett. I appreciate the response! Can you clarify though, as to if working under a BIC is part the requirement in addition to the 90-hour post licensing course? Or is it feasible, if I do NOT intend to perform and broker activities, to only continue on with my studies... of course with the understanding that it would be unlawful for me to represent myself or others until I reach a BIC status myself. 

Hello everyone,

I am a long time lurker around here and am happy to finally jump into activity! I am starting to personally join into the real-estate investing game mostly utilizing rental and Fix/Rent strategies. One of my major goals is to obtain my NC real estate license so that I may self-represent and increase my agility when approaching deals. I have familiarized myself with all of the requirements through the NC Real Estate Commission website and have already taken steps to schedule my pre-licensing education courses... 

Where my confusion sets in is the requirement to go from provisional broker status to broker status. It mentions that you must work under a BIC in order to be "active" as a provisional broker, and that the requirement to become a full-fledged broker is to complete the 90 hour post-license course. 

My first question is, is there any actual requirement that you work under a BIC? Or can you simply skip this step and dive straight into the 90 hour requirement?

Second question from there... " An independent broker-sole proprietor must be a broker-in-charge to lawfully engage in most brokerage activities." Can I interpret this as that in order to be an independent broker-sole proprietor that I must become a BIC myself? 

Or is there a different approach that I may be missing as to what may be required for self-representation?

Thank you all for taking the time to read!

Sincerely,

Kyle Groseclose