Comprehensive Guide to North Carolina Real Estate Courses

By Ciprian Morariu Published: June 27, 2024

North Carolina Real Estate Courses

Introduction to North Carolina Real Estate Courses

Overview of the real estate industry in North Carolina

From the mountain retreats to the beach houses, the North Carolina real estate landscape is a diverse canopy of residential and commercial real estate. 

The vast market is filled with a plethora of luxury and affordable real estate projects to serve the evolving needs of a growing market. 

Offering a wide array of unique properties, the North Carolina real estate market is witnessing a rising demand from homebuyers and real estate investors alike. 

Situated alongside the southeastern periphery of the U.S. and surrounded by Georgia and Virginia, the diverse geography of North Carolina gives it a strategic location advantage. 

On top of it, the rising population and steady economic outlook have made North Carolina one of the hottest real estate markets in the country. 

Thanks to the favorable tax benefits and an influx of businesses leading to job creation, the allure of North Carolina’s real estate market is projected to rise in the near future. 

Did you know that North Carolina’s GDP has grown by more than 50 percent in the last decade? Add to that the reduced unemployment rate and around 10 percent population growth in the last ten years. 

These statistics and data points portray a picture of why buyers, skilled workers, and real estate investors are attracted to the city. 

Not to mention the diverse range of the state’s housing market which includes popular cities and metropolitan towns which have a lot to offer to residents and migrant workers. 

If you are an aspiring or experienced real estate agent or broker, now is a good time to pay attention to the growth prospects of North Carolina and make the most of the opportunities for real estate investment. 

With that said, the North Carolina real estate market is also highly competitive, and to leverage the potential it holds, you must bring your best foot forward.

But how do you stand out in a competitive real estate market? 

By getting the required education to understand the NC real estate principles and gain the confidence and skills required to attract clients. 

In this article, we are going to give you a deep dive into what are the courses required to start working in the NC real estate market. 

We will also discuss the importance of completing pre-licensing education and the factors for choosing the right education provider. 

Importance of real estate courses in advancing your career

So, you might be excited to start your real estate career and experience the joy of earning a six-figure salary with extra perks. 

As eager as you might be to start working, you must first meet the standards and qualifying requirements established by the North Carolina Real Estate Commission (NCREC). 

The NCREC requires all applicants to complete mandatory education and acquire the necessary knowledge and skills to work in the industry. 

This means if you want to help people buy, sell, or lease residential or commercial estate in NC, you must first complete pre-licensing education and obtain your NC real estate license. 

There are a number of courses required for a real estate license in North Carolina which you must complete. 

However, before we get into specific details, let us elaborate on why real estate courses are a must to advance in your career. 

  • Fundamental Knowledge:

The base of every successful real estate professional is built upon the foundation of knowledge. 

If you want to thrive in a hyper-competitive industry like real estate, you will need knowledge of the fundamentals of the industry. 

Real estate courses can help you learn about the state and federal level laws, regulations, and guidelines for real estate professionals. 

By enrolling in pre-licensing courses in NC, you can learn about the inner workings of the industry and its various components. 

Plus, you will also gain knowledge about the core principles and processes of how the real estate markets work. 

These skills will come in handy as you prepare to help your clients make informed decisions. 

  • Specialized Skills:

In addition to learning about fundamentals, you will also need to advance in your career with specialized knowledge. 

Taking real estate courses will give you an understanding of important and specific topics such as - property rights, valuation, sustainable development, real estate finance, marketing, and sales among others. 

These topics will give you a deeper understanding of the real estate industry, especially as it is a dynamic, interconnected profession that goes beyond just buying and selling properties. 

Gaining specialized, advanced skills will help you compete better in the market and keep yourself ahead of your competitors. 

As the industry matures, you can tap into the growing demand for specialized professionals who can dive deeper into unique, specific niche markets.

  • Networking opportunities: 

One of the most important benefits of enrolling in North Carolina real estate courses is the opportunities you will find for networking with industry professionals. 

Many pre-licensing courses offer students the chance to interact with like-minded students, mentors, and experienced trainers. 

These interactions can help you learn new things, exchange ideas, find fresh perspectives, and gain a deeper understanding of working in the real estate industry. 

In real estate, the value of having a wide network of skilled, experienced professionals and experts cannot be overstated. 

You can make use of your network to generate new leads, find job offers, expand your skill set, and venture into new markets. 

Now that we have shared why completing education and gaining knowledge is indispensable to a successful career, let’s take a detailed look at the courses required to obtain a license.

Detailed Review of Courses Required for Real Estate License in North Carolina

Overview of required real estate courses

Although you do not need a bachelor’s or a master’s degree to obtain your real estate license, you need to complete the mandatory courses required for a real estate license in North Carolina. 

As per the NCREC, you must complete 75 hours of pre-licensing coursework from a state-approved education provider. 

The intent of pre-licensing education is to provide students with a fundamental understanding of how the real estate industry works, including its basic laws, rules, regulations, and best practices. 

The total coursework duration comprises both mandatory as well as elective courses to prepare you for the North Carolina real estate licensing exam. 

Listed below are some of the topics and courses required to qualify for the exam: 

  • Principles of Real Estate 
  • Real Estate Laws 
  • Property Management
  • Real Estate Contracts
  • Fair Housing Laws
  • Real Estate Agency
  • Land Use Controls

In-depth look at mandatory real estate courses

Pre-licensing courses are introductory programs formulated to give students an overview of the industry and serve as an entry point to more advanced and specialized courses later on. 

To understand the market and learn about its workings, it is important for students to acquaint themselves with the NC real estate principles, laws, and practices. 

Completing 75 hours of pre-licensing education will require you to complete mandatory courses related to real estate laws in North Carolina. 

One of these mandatory courses will be known as the Principles of Real Estate (1 and 2). 

In these courses, you will also learn about the fundamental principles of real estate and gain knowledge about the different property types, classifications, categories, and their rights. 

The course will outline the different types of agencies in real estate as well as give you an understanding of land use controls. 

The pre-licensing coursework will also introduce you to the duties and responsibilities of a real estate agent and a broker. 

You will learn about your day-to-day tasks and their respective best practices and standards guidelines. 

These courses are developed to give students a bigger-picture view of the industry and how it works with respect to the various departments, functions, and institutions within itself.

On the basis of this foundational knowledge, you can then begin to learn about more advanced and specialized courses in your career. 

Importance of understanding real estate laws and regulations for license

If you are an aspiring real estate agent or broker, it is a must to keep yourself updated with the state and federal laws, rules, and regulations. 

The real estate industry moves fast and is continuously evolving according to emerging market trends and changing consumer needs. 

Keeping up with the latest developments and updates in the industry is a must to build a thriving career. 

Completing North Carolina pre-licensing real estate courses is mandatory to ensure that you are following the state-issued guidelines and keeping yourself abreast with the latest regulations. 

Remember that as a newly licensed agent, you might not be fully aware of the compliance requirements and procedures. 

There exists a code of conduct and ethical standards that you must adhere to while engaging in the buying or selling of real estate in North Carolina. 

Failure to adhere to state and federal rules might jeopardize your real estate career and could also lead to penalties and fines. 

It is recommended to avoid any potential pitfalls by keeping yourself on the right side of the law. 

This is why real estate courses are important as they are formulated to teach you the most updated and recent industry standards, regulations, and best practices. 

The more you are familiar with the industry laws and regulations, the more capable and confident you will be in your real estate practice. 

Most importantly, your clients will also be at ease working with a knowledgeable and professional agent. 

Spotlight on North Carolina Pre-Licensing Real Estate Courses

What to expect in pre-licensing real estate courses in North Carolina

If you are considering enrolling in North Carolina real estate courses and want to know what to expect out of a course, here’s a quick checklist to keep in handy. 

  • Ensure that your education provider of choice is approved by the NCREC
  • Check for the type of content delivery mediums they offer i.e. in-person, online, or hybrid lessons
  • Explore the different types of real estate courses offered along with their included features and additional benefits
  • Evaluate the proficiency and expertise of your teaching instructors and ensure that they are licensed 

Steps to enroll in a pre-licensing course and how it prepares you for a real estate career

Before enrolling in a pre-licensing course in North Carolina, make sure that you are meeting the basic eligibility requirements for an NC real estate license. These are as follows:

  • Age: You must be at least 18 years or older
  • Residence: You must be a legal resident of the U.S.
  • Education: You must have a high school diploma or GED equivalent