Tel: 919 878 4040 Fax: 919 878 4055
3801 Wake Forest Rd, Ste 201, Raleigh, NC 27609
Email: reschool@hpw.com

Frequently Asked Questions

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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 encouraged contact the North Carolina Real Estate Commission (NCREC) at 919-875-3700.

HPW Real Estate School 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.

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!
  1. Complete our 75-Hour Broker Pre-Licensing Course
  2. Begin the NCREC’s Application for Real Estate License
  3. Obtain your "Criminal Record Report"
  4. Send in your completed application to the NC Real Estate Commission
  5. Receive Notice of Eligibility and Schedule Exam
  6. Choose Your Real Estate Firm or Broker-In-Charge
  7. 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 $429.00.

What is included in my tuition?

The tuition for our Broker Pre-Licensing course includes your textbook, “Real Estate Principles and Practices”, an exclusive HPW Real Estate School workbook and the pamphlet, “Real Estate Licensing in North Carolina”. In addition, you have access to some incredible study materials! You can attend our Cram Courses absolutely free as an HPW student, and you’ve got access to Practice Tests and many study downloads – more than any other school!

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, 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, cash and check.

What should I bring with me to class?

When you come to class, please bring your textbook, workbook, paper, pens/pencils, highlighters and a standard calculator. 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. You may also want to bring a sweater in case the room is too cool for you.

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

We recommend to all of our students 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. You are also advised 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 outside work?

What you get out of a class is relative to the effort you put in to 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. 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, meaning 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.

What if I am unable to complete the course?

If the school receives written notice of the 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.

Are there any additional study aids to help me pass?

We offer some of the best study guides in the industry. Besides our Cram Courses that cover General Theory, Law and Math, we also offer computer-based question banks available for use in our computer lab.

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

Attend all of your class sessions and be prepared to participate and work hard. We also offer practice exam questions and Cram Courses that cover General Theory, Law and Math. The review classes are offered to HPW Real Estate School students at no additional charge.

What if I don't pass the class test? What do I do then?

Most students pass if they follow all of our guidelines, but if you don't, we allow each student one re-test in each course. Please note that rules dictate that all re-tests must be also completed no later than thirty days following the last class meeting. The test proctor will provide you with retest dates to choose from.

If you do not successfully pass the course, 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. After this six-month period, you are required to pay full tuition.

How often is the state exam offered and what format is it offered in?

The exam is offered via computer daily at various testing locations around the state. You will contact AMP, the testing service, to schedule your exam after receiving your letter of eligibility from the NCREC.

What are the fees to take the NC State Exam?

The North Carolina State Exam application fee is $30 and there is an additional testing fee of $66. Minimum passing score is 75%. After passing the state exam, and assuming there are no problems with your background check, you will be awarded your Provisional Brokers license. 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 are able to audit any Broker Pre-Licensing course for one year. After passing your class test, we suggest that you come in and audit until you take your state exam. It’s like watching a movie for the second time – you’ll catch 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 greatest success when they take the state exam within 30 days of passing their class test.

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 and possible eventual cancellation. You will need to take at least one 30-hour Broker Post-Licensing course by the anniversary date of your license each year for the first three years of licensure. You may take all 90 hours during your first year of licensure, you can take them in any order, but you must take all three courses without duplicating and you cannot take multiple courses at the same time.

To pass the class, you must attend at least 80% of the class, which means that you cannot miss more than 6 hours of the class. You also must pass the class test that is administered on the last day of class by scoring at least a 75%.

After completing each of the three 30 hour Broker Post-Licensing courses, your "provisional" status is removed and you are a "Broker". In addition, you are required to take 8 hours of Continuing Education before the second renewal of your real estate license. These CE credits are required every year, and are made up of 4 hours of a Mandatory Update course and 4 hours of an approved elective.

How much does each 30-Hour Broker Post-Licensing course cost?

The cost for each Broker Post-Licensing course is $229.

What is included in my tuition?

The tuition for our Broker Post-Licensing course includes an exclusive HPW Real Estate School workbook. The textbook, the North Carolina Real Estate Manual, is not included in the tuition. Students will be required to purchase the North Carolina Real Estate Manual 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.

What should I bring to class?

Please bring the pocket card issued to you by the NCREC with you to check-in before class. In class, you will need 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.

As stated by the NCREC, the annual license renewal pocket card issued by the Commission to each licensee shall be retained by the licensee as evidence of licensure. Each licensee shall carry his or her pocket card on his or her person at all times while engaging in real estate brokerage and shall produce the card as proof of licensure whenever requested.

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

You are required to attend at least 80% of the class that you select, meaning that you cannot miss more than 6 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.

N. C. Real Estate Commission rule 21 NCAC 58C .0302: A school shall not knowingly enroll an individual in a post-licensing course while the individual is taking another post-licensing course at the same school or a different school if such enrollment would result in the individual being in class for more than 21 classroom hours in any given seven-day period. If you have any questions about this rule, you are encouraged to contact the NCREC at 919-875-3700.

What requirements must I satisfy to pass the course?

To pass the class, you must attend at least 80% of the class, which means that you cannot miss more than 6 hours of the class. You also must complete any mandatory assignments, and you must pass the class test that is administered on the last day of class by scoring at least a 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 test, 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 the 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”. The NCREC will send you an updated pocket card in the mail.

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.

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 Mandatory Update course. The Mandatory Update must be taken in a classroom, and is not available online. The subject matter of this course will be changed by the NCREC from year to year, and covers information such as changes to laws and forms.

The remaining four (4) CE credit hours may be obtained by taking an elective course by the NCREC. Elective courses may address a wide variety of real estate topics. HPW Real Estate School provides an extensive list of electives, both online and in the classroom approved. For example, learn more about Foreclosures, Negotiating, Investing, Pricing Strategies and much more. 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 participating 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?

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. You will not be able to complete your CE requirement 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.

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

Glad you asked! There are a lot of differences between our school and others. When you take a course at HPW Real Estate School, you will receive the very best instruction available.

Our graduates score well above average on state board examinations. Unlike some schools, most of our instructors teach full time and typically have many years of teaching experience. We offer more classes than any other private real estate school in the Triangle…combined! Classes are taught days, evenings, and weekends and new classes are offered year-round. When you come to our school you will be able to take advantage of regularly scheduled Cram Courses, a modern computer test learning center, award winning learning assistance programs and professional workbooks specially designed to help you learn faster.

Please note that these are basic answers to frequently asked questions. Please refer to the North Carolina Real Estate Commission with any specific questions or for further details.