| Real estate is a term used for land and all physical | | | | estate education program to get a license to become |
| properties built on it. Houses along with basement, | | | | a real estate agent. Real estate education programs |
| trees, fences, structures constructed away from the | | | | are also available for renewal of license as a part of |
| main house and drainage system are considered as a | | | | continuing education programs. A real estate licensee |
| part of real estate. | | | | is usually known as a real estate agent, though there |
| North Carolina is a popular southern destination for | | | | is no such term actually mentioned in the text of |
| vacations and therefore, many people prefer to buy | | | | License Law. |
| vacation houses or residential property here. State of | | | | After a person has passed the requisite exam, a |
| North Carolina has certain regulations and | | | | license in provisional status is issued. Main difference |
| specifications that home buyers and sellers need to | | | | between a provisional license and a license without a |
| follow. Most people generally approach real state | | | | provisional status is that the latter allows brokers to |
| agents to buy or sell real estate as they have | | | | operate as an unsupervised independent agent. A |
| information about local market. | | | | provisional status license requires a broker to work |
| To conduct a real estate business in the state, it is | | | | under the supervision of a broker who has been |
| necessary to have a North Carolina real estate | | | | nominated. However, a real estate licensee or agent |
| broker license. This requirement applies to any | | | | does not automatically become a realtor. To become |
| individual or body that may want to get involved in | | | | a realtor, a licensed real estate agent needs to |
| the business of real estate directly or indirectly while | | | | belong to the National Association of Realtors, which |
| physically residing in the state of North Carolina. | | | | is a private trade association. |
| Individuals need to go through North Carolina real | | | | |