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What type of license does North Carolina issue to new real estate licensees?

A
B
C
D
to track
2026 Statistics

Key Facts: NC Real Estate Exam

120 Q

Exam Length

PSI NC broker candidate bulletin

80 + 40

National + State Split

PSI NC broker candidate bulletin

71% / 72.5%

Passing Scores (Natl/State)

NCREC exam guidelines

75 hrs

Prelicensing Education

NCREC licensing requirements

$64

PSI Exam Fee

PSI NC broker fee schedule

8 hrs/yr

Annual CE Requirement

NCREC CE guidelines

North Carolina is a 'broker only' state with no salesperson license. All applicants must complete a 75-hour prelicensing course, pass the PSI exam (80 national + 40 state questions), and work as a provisional broker under a Broker-in-Charge (BIC) for the first 3 years. The national section requires 71% to pass and the state section requires 72.5%. NC uses a unique due diligence fee/period contract structure and requires attorney-conducted closings.

Sample NC Real Estate Practice Questions

Try these sample questions to test your NC Real Estate exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 200+ question experience with AI tutoring.

1What type of license does North Carolina issue to new real estate licensees?
A.Provisional broker license
B.Salesperson license
C.Associate broker license
D.Apprentice license
Explanation: North Carolina is a "broker only" state. There is no salesperson license. All new licensees receive a provisional broker license and must work under the supervision of a Broker-in-Charge (BIC) for their first three years.
2What is the minimum age to obtain a North Carolina real estate broker license?
A.18 years old
B.21 years old
C.19 years old
D.16 years old
Explanation: North Carolina requires broker license applicants to be at least 18 years of age. This aligns with most states’ minimum age requirements for real estate licensure.
3How many hours of prelicensing education are required to become a broker in North Carolina?
A.75 hours
B.90 hours
C.60 hours
D.120 hours
Explanation: North Carolina requires completion of a 75-hour Broker Prelicensing Course from an approved education provider before sitting for the state licensing exam.
4Which organization oversees real estate licensing in North Carolina?
A.North Carolina Real Estate Commission (NCREC)
B.NC Department of Commerce
C.NC Association of REALTORS
D.NC Secretary of State
Explanation: The North Carolina Real Estate Commission (NCREC) is the state agency responsible for licensing, regulating, and disciplining real estate brokers in North Carolina.
5How many questions are on the North Carolina real estate broker licensing exam?
A.120 questions (80 national + 40 state)
B.100 questions (60 national + 40 state)
C.150 questions (100 national + 50 state)
D.80 questions (50 national + 30 state)
Explanation: The NC broker exam consists of 120 scored questions: 80 on the national portion and 40 on the state-specific portion. Each portion must be passed separately.
6What is the passing score for the NATIONAL portion of the North Carolina broker exam?
A.71%
B.75%
C.70%
D.80%
Explanation: The passing score for the national portion of the NC broker exam is 71%. Candidates must achieve this score independently from the state portion.
7What is the passing score for the STATE portion of the North Carolina broker exam?
A.72.5%
B.75%
C.70%
D.71%
Explanation: The passing score for the state portion of the NC broker exam is 72.5%. This is slightly higher than the 71% required on the national portion.
8What educational credential is the minimum requirement to apply for a North Carolina broker license?
A.High school diploma or GED
B.Associate degree
C.Bachelor's degree
D.No educational minimum beyond the prelicensing course
Explanation: In addition to completing the 75-hour prelicensing course, North Carolina requires that broker applicants have at least a high school diploma or GED equivalent.
9How long does a provisional broker status last in North Carolina?
A.Until the broker completes 90 hours of postlicensing education within the first 3 years
B.Permanently, unless upgraded
C.1 year after initial licensure
D.5 years after initial licensure
Explanation: A provisional broker must complete 90 hours of postlicensing education (three 30-hour courses) within 3 years of initial licensure. Failure to do so results in the license being placed on inactive status.
10Who must supervise a provisional broker in North Carolina?
A.A Broker-in-Charge (BIC)
B.Any full broker
C.The NCREC directly
D.A licensed attorney
Explanation: In North Carolina, every provisional broker must be actively supervised by a designated Broker-in-Charge (BIC). The BIC is responsible for the provisional broker's real estate activities.

About the NC Real Estate Exam

The North Carolina broker exam covers national real estate fundamentals plus NC-specific license law, including NCREC rules, the Working With Real Estate Agents brochure, designated agency, due diligence contracts, attorney-conducted closings, and trust account guidelines.

Questions

120 scored questions

Time Limit

4 hours total

Passing Score

71% national, 72.5% state

Exam Fee

$64 (NCREC / PSI)

NC Real Estate Exam Content Outline

30%

NCREC Licensing & Education

Broker licensing path, 75-hour prelicensing, provisional broker status, BIC requirements, and postlicensing education

25%

NC Agency & Brokerage

Working With Real Estate Agents brochure, designated agency, dual agency consent, first substantive contact disclosure

25%

NC Contracts & Closing

Offer to Purchase (Form 2-T), due diligence fee/period, attorney closings, deed of trust, excise tax ($1/$500)

20%

NC Taxes, Landlord/Tenant & Fair Housing

Property tax assessments, security deposit limits, NC Residential Rental Agreements Act, fair housing compliance

How to Pass the NC Real Estate Exam

What You Need to Know

  • Passing score: 71% national, 72.5% state
  • Exam length: 120 questions
  • Time limit: 4 hours total
  • Exam fee: $64

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

NC Real Estate Study Tips from Top Performers

1Remember NC is 'broker only' — no salesperson license exists, all licensees are brokers
2Master the due diligence fee vs earnest money distinction — this is unique to NC and heavily tested
3Know BIC responsibilities: supervision, trust accounts, advertising compliance, contract review
4Memorize NC numbers: 75-hour prelicensing, 90-hour postlicensing, 8 hours CE/year, 3 banking days for deposits
5Understand that NC requires attorney closings — one of few states with this requirement

Frequently Asked Questions

How many questions are on the North Carolina broker exam?

The NC exam has 120 total questions: 80 national and 40 state-specific. PSI administers both sections. You must pass each section independently — 71% on the national portion and 72.5% on the state portion.

What does 'broker only' state mean for North Carolina?

North Carolina eliminated the salesperson license category. All licensees are called 'brokers.' New licensees start as provisional brokers who must work under a Broker-in-Charge (BIC) and complete 90 hours of postlicensing education within 18 months.

What is the NC due diligence fee and period?

NC contracts use a unique due diligence structure. The buyer pays a non-refundable due diligence fee directly to the seller at contract execution. During the due diligence period, the buyer can terminate for any reason but loses the fee. Earnest money is separate and refundable during due diligence.

Does North Carolina require attorney closings?

Yes. North Carolina requires a licensed attorney to conduct real estate closings. The closing attorney holds escrow funds, prepares the deed, and ensures proper transfer of title.

What are NC continuing education requirements?

NC brokers must complete 8 hours of CE annually: 4 hours of the NCREC Update course (mandatory) plus 4 hours of elective CE. The license renewal period runs from July 1 to June 30.