Navigating North Carolina Real Estate in 2025: A Comprehensive Overview

As of May 2025, the North Carolina Real Estate Commission (NCREC) remains a pivotal entity in overseeing the state's real estate landscape. With evolving regulations, educational mandates, and market dynamics, both professionals and consumers must stay informed to navigate the sector effectively.

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🔍 Key Updates from the NCREC

1. License Renewal Period

The annual license renewal window is open from May 15 to June 30, 2025. All renewals must be completed online via the Commission's website; paper checks are no longer accepted. Notably, licensees can renew before completing their Continuing Education (CE) requirements, but CE must be finalized by June 10 to prevent license inactivation. NCREC Bulletins+1Facebook+1

2. Disciplinary Actions

The NCREC continues to enforce standards to maintain industry integrity. Recent actions include:

• Kimberly T. Gaddy Butler (Henderson): Received a six-month suspension (stayed) for misrepresenting property lot size.NCREC Bulletins

• Amarainder Goli (Charlotte): Faced a 12-month suspension (with conditions) for directing commissions to an unlicensed entity.NCREC Bulletins

• Bryon T. Greiner (Asheville): Reprimanded for advertising inaccuracies and missing required disclosures.

• Dellene W. Maybin (Charlotte): Voluntarily surrendered her license amid allegations.

• Jasmin S. Haynie (Winston-Salem): Suspended for nine months due to misappropriation of funds and a felony conviction.

• Klutts Property Management Inc. (Charlotte): Voluntarily surrendered its firm license.YouTube+4Facebook+4NC REALTORS®+4

• Robert G. Jernigan (Hendersonville): Suspended for 12 months (stayed) for advertising inaccuracies.

• Bradley S. Kiger (Winston-Salem): Voluntarily surrendered his license with a one-year reapplication bar.

• Rochelle S. Ogburn (Kannapolis): Suspended for six months (stayed) for misrepresenting property renovations. NCREC Bulletins

  
  

3. Commission Membership Changes

In March 2025, James Beaty Jr., a former U.S. District Court Judge and previous Commission member (1979-1981), was ceremonially sworn in by former Congressman G.K. Butterfield. His extensive legal background is anticipated to enhance the Commission's oversight capabilities. ncrecblog.com+1NCREC Bulletins+1

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📄 Regulatory and Form Updates

1. Revised Residential Forms

Effective January 2025, several NC REALTORS® residential forms underwent revisions:YouTube+2NC REALTORS®+2NC REALTORS®+2

• Form 101 – Exclusive Listing Agreement: Redrafted to simplify language and improve clarity.

• Forms 201, 202, 203: Updated to reflect current market practices.

Members are advised to adopt these new forms for all new client engagements. mbitiontolearn.com+3NC REALTORS®+3YouTube+3

2. Seller Disclosure Obligations

The NCREC emphasizes the importance of disclosing latent defects. Sellers and brokers are reminded of their legal obligations to disclose known hidden defects, as outlined in the updated Residential Property and Owners’ Association Disclosure Statement (RPOADS). ncrecblog.com

📚 Continuing Education (CE) Requirements

North Carolina brokers must complete 8 hours of CE annually: NCREC Bulletins+2Kaplan Real Estate Education+2Superior School of Real Estate+2

• 4 hours: General Update (GENUP) or Broker-in-Charge Update (BICUP) course. NCREC Bulletins+2Kaplan Real Estate Education+2Superior School of Real Estate+2

• 4 hours: Elective course. Kaplan Real Estate Education

The CE deadline is June 10, 2025, at 11:59 PM ET. No CE courses may be taken between June 11 and June 30. Kaplan Real Estate Education

🏘️ Market Dynamics and Commission Structures

Recent national settlements have reshaped commission structures:Business Insider+4The Washington Post+4Realtor+4

• Buyer Representation Agreements: Buyers are now required to sign agreements detailing agent fees and services before commencing property searches. The Washington Post

• Commission Negotiations: Buyers and sellers are encouraged to negotiate agent compensation directly, leading to increased transparency and potential cost savings. barrons.com

In North Carolina, average listing commissions range from 2.50% to 3.60%, with total commissions typically between 4.50% and 6.60%. Clever Real Estate

📅 Upcoming Commission Meetings

The next NCREC meeting is scheduled for May 21, 2025, at 9:00 AM. The meeting is open to the public and will be live-streamed via Zoom. North Carolina Real Estate Commission

Staying abreast of these developments is crucial for real estate professionals and consumers alike. For more detailed information and resources, visit the North Carolina Real Estate Commission's official website.