Catalyst Real Estate Academy, LLC

The Catalyst way ignites passion, builds a foundation for success, and provides a gateway to embrace knowledge.

-Director and Senior Instructor, Katrina R. Cherry

Prelicensing

This Education Provider’s Broker Prelicensing Course consists of a total of 75 instructional hours, including the end-of-course examination. Major topics addressed in the Broker Prelicensing Course include basic real estate concepts and law, property taxation, land use controls, environmental hazards, brokerage relationships and practices, real estate contracts, real estate financing, closing a real estate sale transaction, real property valuation, property insurance basics, fair housing laws, landlord and tenant, property management, federal income taxation of real estate, basic construction, basic real estate investment, North Carolina Real Estate License Law and Commission Rules, and Trust Account Guidelines. Real estate mathematics is an important component of this course and

calculations will be required.

A Broker Postlicensing student must already possess a North Carolina Real Estate Broker license prior to registration.

Course Descriptions:

Post 301 - Brokerage Relationships and Responsibilities – (30 instructional hours)

Topics addressed in this course include a review of agency relationships in real estate residential and

commercial sales and commercial property management transactions, a real estate broker’s legal

duties to clients and customers, a step-by-step review and discussion of the functions and

responsibilities of a real estate broker when working with sellers and buyers, a review of issues

associated with transactions in progress when a broker leaves a firm, and a review of license status and education issues.

Post 302 - Contracts and Closing - (30 instructional hours)

Topics addressed in this course include selected basic contract law concepts, real estate sales contract preparation, sales contract procedures, buyer’s due diligence, closing procedures, Real Estate

Settlement Procedures Act, closing disclosure preparation, contracts for deed, options, and selected real estate license status and education issues.

Post 303 - NC Law, Rules, and Legal Concepts - (30 instructional hours)

Topics addressed in this course include general NC licensing requirements, brokerage compensation

issues, the disciplinary process, specialized types of real estate, property management in NC, and

miscellaneous laws and legal concepts.

General Update (GENUP) Course is a four (4) hour* course that must be completed by all provisional and non-provisional brokers who are not

brokers-in-charge and/or do not have BIC-Eligible status and who wish to renew their licenses on active status.

BROKER IN CHARGE UPDATE

Broker-in-Charge Update (BICUP) Course is a four (4) hour* course that must be completed by all brokers-in-charge and brokers who have BIC-Eligible status and who wish to renew their licenses on active status. Brokers-in-Charge and brokers with BIC-Eligible status must take the BICUP course each year to satisfy the Update course requirement and to maintain BIC-Eligible status, as prescribed by Commission Rules 58A .1702 and 58A .0110

Licensees who wish to access the digital version of the Manual must register for a subscription. A one-time $25.00 fee provides two full years of access.

To access the digital version of the Manual:

1. go to www.ncrec.gov;
   
2. click on Publications;
   
3. click on NC Real Estate Manual; and
   
4. click Register for Digital Subscription.
   

NOTE: Once a licensee has registered for a digital subscription, they automatically receive access to the Manual.

To access the digital version of the Manual after purchase:

1. go to https://rem.ncrec.gov;
   
2. click on Sign In;
   
3. enter your username and password that you used to register for the Manual; and
   
4. click on the horizontal bars in the upper left to access the chapters.
   

Licensees who wish to order a print version of the Manual must pay $40.00.

To order a print copy of the 2023 edition of the Manual:

1. go to www.ncrec.gov;
   
2. click on Publications;
   
3. click on NC Real Estate Manual; and
   
4. click Order Here; and
   
5. click NC Real Estate Manual 2023 edition.
   

NOTE: Per Rule 58H. 0205(b), Postlicensing courses shall utilize the current edition of the North Carolina Real Estate Manual. For more information about the NC Real Estate Manual, contact the Education and Licensing Division at LS@ncrec.gov.

https://www.ncrec.gov/Publications/Pubs

https://www.ncrec.gov/Publications/Pubs

https://www.ncrec.gov/Publications/Pubs