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Provisional Broker What does this mean? Well, essentially you are a broker whose license is on provisional status. You can perform all of the same activities of a broker, but you must be supervised by a broker-in-charge. You cannot operate independently.
Requirements to Qualify to Become a North Carolina Real Estate Broker Be at least 18 years old. Be a US citizen, a non-citizen national, or a qualified alien under federal law. ... Complete a state-approved 75-hour broker prelicensing course. Pass the North Carolina State Licensing Examination with a score of at least 75%.
The 6 Highest Paying Real Estate Careers with Good Salaries Home Inspector. If you already have a good main job and are looking for a part-time gig to maximize your income, you can work as a home inspector. ... Real Estate Lawyer. ... Real Estate Broker. ... Commercial Real Estate Agent. ... Property Manager. ... Corporate Real Estate Manager.
High Paying Brokerage Professional Jobs Stock Broker. Salary range: $65,000-$225,000 per year. ... Commodity Broker. Salary range: $30,000-$105,000 per year. ... Broker. Salary range: $105,000-$105,000 per year. ... Associate Broker. Salary range: $48,000-$77,500 per year. ... Energy Broker. ... Broker Assistant. ... Brokerage Clerk.
The broker-in-charge then gives the provisional agent who closed the deal their cut. A 50/50 split between the BIC and provisional broker is typical in North Carolina. That would mean the actual commission for the provisional broker is 1.375%.
The average Broker In Charge salary in North Carolina is $64,981 as of October 25, 2023, but the range typically falls between $49,211 and $75,969.
Have two years of full-time brokerage experience or four years of part-time brokerage experience within the previous five years. Completed a 12-hour broker-in-charge course no earlier than one year prior or 120 days after their designation as BIC.
On average, real estate agents make $84,459 per year ing to salaries reported by Indeed users.