FAQ's
Broker Pre-Licensing

  How do I obtain a Provisional Brokers license?

We’ve created a checklist that is your “7 Steps to Success”. Check out the details here!

-Complete our 75-Hour Broker Pre-Licensing Course
-Begin the NCREC’s Application for Real Estate License
-Obtain your "Criminal Record Report"
-Send in your completed application to the NC Real Estate Commission
-Receive Notice of Eligibility and Schedule Exam
-Choose Your Real Estate Firm or Broker-In-Charge
-Complete your Post-Licensing and Continuing Education Requirements


  How much does the 75-Hour Broker Pre-Licensing course cost?

The Broker Pre-Licensing course is $449.00

  What is included in my tuition?

A course textbook WILL be provided to you. In addition, you have access to some of the best study materials in the industry!

  I'm thinking of signing up with a friend. Is there a special rate available if both of us sign up together?

Many students find it wise to attend with someone they can study with. At HPW Real Estate School, we’ll give both of you $20 off the cost of the Broker Pre-Licensing Course tuition when you sign up with a friend. (Sorry, no such savings apply to the Broker Post-Licensing courses.) The only requirement for this savings is that you must both pre-register together. This $20 savings is not applicable to re-take fees, or Broker Courses and cannot be used in conjunction with any other offers.

  Is there any financial assistance available? Are you approved for VA educational benefits?

At this time, we do not have financial assistance and we are not approved for VA assistance programs. We do, however, accept Visa, MasterCard, American Express, Discover Cash and Check.

  What should I bring with me to class?

Don’t forget to bring your willingness to learn and a passion for real estate! Your textbook, workbook, paper, pens/pencils, highlighters and a standard calculator are also essential. You will be given handouts throughout the course, and you can also download and print the study materials from the Student Resources section of this website. Our classrooms are business casual. You may want to bring a sweater or light jacket in case the room is too cool for you.

  What do I need to do to prepare for my first class?

We recommend to pre-register for each class. Pre-registration allows you to pick up your book before the class starts and it also helps you to avoid the disappointment of not getting in your class choice because it is full. We advise you to read the first three chapters in your textbook before the first class. Please note, on class day you’ll need to arrive 15 minutes early to complete final paperwork.

  Is there a lot of work outside the classroom?

What you get out of a class is relative to the effort you put into it. Just sitting in class listening and taking notes is not sufficient to pass the state exam. We offer our students a variety of study aids to be used outside of the classroom.

  I haven't been to school in many years. Am I going to be able to handle a real estate course?

Of course, you can handle it! In fact, most of your classmates probably feel the same way that you do. Remember, our instructors are used to having students that fit this class into their busy schedules. That’s why we offer so many classes during the day, in the evenings and on the weekend. We even offer asynchronous courses that can be taken at your own pace. Work hard, do your homework and you can do it!

  What is the attendance policy for Broker Pre-Licensing classes?

You are required to attend at least 80% of the class that you select. This means that you cannot miss more than 15 hours of class. Though you can ask your instructor for the information that you missed during an absence, you are not able to make up hours in another course. There is no such thing as an excused absence. Our attendance policy is that of NCREC and is mandated for all real estate school.

  What if I am unable to complete the course?

If the school receives written notice of your intent to withdraw from a course at least one week prior to the scheduled beginning date of the course for which enrolled, all money deposited with the School will be returned in full, provided that any materials issued are returned unused. There shall be no refunds of student fees or materials after you start the class. If you do not successfully pass the course or if you had to withdraw unexpectedly, you may retake the course within a period of six months from the beginning date of your class for an administrative fee of $150.00.

  What do I need to do to maximize my opportunity to pass the class exam the first time?

Attend all your class sessions and be prepared to participate and work hard. We also offer practice exam questions in the student resource section of this website that can be downloaded at no additional charge.

  How often is the State Exam offered and what format is it offered in?

You may also opt to complete the exam online by accessing remote video monitoring opportunities.

  What are the fees to take the NC State Exam?

The North Carolina State Exam application fee is $100 and there is an additional testing fee of $56 to PSI. For a more complete and detailed review of requirements, please consult the NCREC.

  What can I do to maximize my opportunity to pass the state exam?

HPW Real Estate School students can audit any Broker Pre-Licensing course for one year. After passing your class exam, we suggest that you come in and audit (as space is available) until you take your state exam. It’s like watching a movie for the second time – you’ll catch many details that may have slipped by you the first time. Plus, keeping the information fresh in your mind is important! Research provided by the NCREC shows that students have the best success when they take the state exam within 30 days of passing their class exam.
Broker Post-Licensing

  What are the requirements for obtaining a Brokers license?

Once licensed, a Provisional Broker must complete a Post-Licensing Education Program in order to terminate the “Provisional” status of their license and to avoid license inactivation. You will need to take three 30-hour post licensing classes and you have 18 months to complete these with no limitations as to how quickly you can take them. To pass each class, you must attend at least 90% of the class, which means that you cannot miss more than 3 hours of the class. You also must pass each class exam by scoring at least a 75%.

After completing each of the three 30-hour Broker Post-Licensing courses, your "provisional" status will be automatically removed by NC Real Estate Commission, and you are a "Broker".

  How much does each 30-Hour course cost?

The cost for each Broker Post-Licensing course is $239.

  What is included in my tuition?

The tuition for our Broker Post-Licensing course includes a packet of relevant forms and other handout materials. The textbook, North Carolina Real Estate Manual, is not included in the tuition. Students will be required to purchase the North Carolina Real Estate Manual (hardcopy or digital) at a cost of $55. This text is used for all three Post-Licensing courses. Textbooks may be purchased at the HPW Real Estate School or online from the NC Real Estate Commission website.

  What should I bring to my class?

Please bring evidence of your real estate license e-card issued to you by the NCREC to check-in before class. In class, you will be required to have the North Carolina Real Estate Manual, paper, pens/pencils and highlighters for taking notes. If you do not have the North Carolina Real Estate Manual, you can purchase it before class at the HPW Real Estate School or online from the NC Real Estate Commission website. The cost for each Broker Post-Licensing course is $239.

  What is the attendance policy for classes?

You are required to attend at least 90% of the class that you select, meaning that you cannot miss more than 3 hours of class. Though you can ask your instructor for the information that you missed during an absence, you are not able to make up hours in another course.

  What requirements must I satisfy to pass the course?

To pass the class, you must attend at least 90% of the class, which means that you cannot miss more than 3 hours of the class. You also must complete any mandatory assignments and pass the class exam that is administered on the last day of class by scoring at least 75%. At the HPW Real Estate School, we grade your test upon completion so that you know your score immediately. When you pass, you will walk out with your Certificate of Completion in-hand. We report the completion to the NCREC and you keep the certificate for your records.

  When is course completion reported to the NCREC?

Upon successfully passing the class exam, you will receive a Certificate of Completion for your records. The HPW Real Estate School will report the course completion to the NCREC within 7 days. You do not need to take any action to report the completion to the NCREC.

  What if I am unable to complete the course?

If the school receives written notice of your intent to withdraw from a course at least one week prior to the scheduled beginning date of the course for which enrolled, all money deposited with the School will be returned in full, provided that any materials issued are returned unused. There shall be no refunds of student fees or materials after you start the class. All class exams must be taken within 30 days of the last scheduled day of the class.

  What happens once I finish all three Broker Post-Licensing courses?

Well, it’s time to celebrate! After completing all three required Broker Post-Licensing courses, the “provisional” status will be removed, and you will be a “Broker”.

  What are the requirements for becoming a Broker-in-Charge?

There are a few steps that you must complete to become a Broker-in-Charge (BIC). You must work in real estate full time for the equivalent of 2 of the past 5 years. You must designate yourself a BIC by submitting the corresponding paperwork to the NCREC. Then, you must complete the 12-Hour BIC course offered by the NCREC. For more information about becoming a BIC, you are encouraged to contact the NCREC at 919-875-3700.
Continuing Education

  What is Continuing Education and what are the annual requirements?

In order to ensure that licensees are the best in the business, there are courses that you must take each year. Licensees must complete eight (8) classroom hours per year of continuing education (CE) in order to renew their license on active status.

Four (4) of the required CE credit hours must be obtained by completing the GENUP or BICUP as appropriate. The classes must be taken in either a classroom or a zoom type delivery and are not currently available in asynchronous format. The subject matter of this course will be changed by the NCREC from year to year.

The remaining four (4) CE credit hours are obtained by taking an approved elective course by the NCREC. Elective courses may address a wide variety of real estate topics. HPW Real Estate School provides one of the most extensive list of electives, both online and in classroom formats. For example, learn more about Foreclosures, Negotiating, Investing, Pricing Strategies, Ethics, Customer Service, Housing Trends just to name a few. This is an opportunity to tap into your interests and to gain more knowledge in the areas that you would like to explore.

  What is the attendance policy for CE?

Licensees must attend 90% of a CE course and comply with student participation standards in order to receive credit for the course. This means that you cannot miss more than 24 minutes of class.

  When do I have to take CE?

Starting with the second renewal of your real estate license continuing education must be completed each annual license period between July 1 and June 10. It is very important to note that schools are not permitted to offer courses for CE credit between June 11 and June 30 of each year.

Many people wait to take CE courses until May and early June, causing classes to be filled quickly. You will have a better choice of elective courses and a better chance of finding space available if you take your CE courses early. You will also avoid the possibility of an unexpected conflict that would prevent you from getting your CE completed by June 10.

A person who is issued a broker license does not have to take continuing education courses during the license period in which the license is issued. However, they must satisfy the CE requirement prior to the second renewal of the license.
General

  What's different about your school and why should I take my classes from you?

Glad you asked! Some of the best minds in the industry work at HPW Real Estate School. We are known for our stellar content. Each class is packed with vital information, real-world examples, hands on training, and the practical know-how you need to succeed. We pride ourselves on having a team of full-time instructors with extensive experience.

  I’ve heard people mention being an “agent”, “salesperson”, “broker”, etc. What is the difference?

The term “agent” or “salesperson” is often used when referring to real estate professionals. However, you’ll want to be familiar with the official licensing terminology used in North Carolina. If you have any questions about this, you are to encouraged contact the North Carolina Real Estate Commission (NCREC) at 919-875-3700. In North Carolina, there are essentially three levels of licensing: (Provisional Broker, Broker, Broker-in-Charge) The first level is Provisional Broker and is where your journey begins.

  What is your weather policy?

Please refer to WRAL www.wral.com for closings/delays or call /email the school for instructions. www.hpwreschool.com 919-878-4040. In addition, please pay close attention as day classes are usually announced separately from night classes.
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