Source Credits: North Carolina Real Estate Commission (NCREC) SUBJECT TOPIC: Dual Agency ISSUE: Did Broker A comply with Rule 58A .0104? FACTS: A BIC designates Broker A to represent a seller-client, and Broker B to represent a buyer-client after both principals provide written authorization for designated dual agency. Prior to
Source Credits: North Carolina Real Estate Commission (NCREC) PART TWO: The Real Estate Commission shifts their focus to an examination of what happens once an investigation is complete. Once an investigation is complete, Commission staff conduct a thorough review of the evidence obtained in order to make a determination as
Source Credits: North Carolina Real Estate Commission (NCREC)
Source Credits: North Carolina Real Estate Commission (NCREC) PART ONE: The Real Estate Commission investigates complaints against real estate licensees accused of misconduct. If the Commission finds that licensees have violated the Real Estate License Law (N.C.G.S. Chapter 93A) or Commission rules, it can reprimand, suspend or
Source Credits: North Carolina Real Estate Commission (NCREC)
Source Credits: North Carolina Real Estate Commission (NCREC) SUBJECT TOPIC: Material Facts (August 2024) ISSUE: Did the broker comply with N.C.G.S. §93A-6(a)(1)? FACTS: A customer, who was relocating, contacted a broker for help in finding a home in North Carolina. After explaining NC agency and
Source Credits: North Carolina Real Estate Commission (NCREC) SUBJECT TOPIC: Material Facts (July 2024) ISSUE: Did the listing broker comply with N.C.G.S. §93A-6(a)(1)? FACTS: A broker listed a seller’s family home for sale. The broker informed the seller about the purpose and requirements of
Source Credits: North Carolina Real Estate Commission (NCREC)
Source Credits: North Carolina Real Estate Commission (NCREC)