1 Commission Comments Miriam J. Baer, Executive Director March 17, 2014 North Carolina Real Estate Commission Protecting the public interest in real estate transactions. NCREC.gov.
1 Commission Comments Miriam J. Baer, Executive Director March 17, 2014 North Carolina Real Estate Commission Protecting the public interest in real estate.
Dec 22, 2015
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1
Commission Comments
Miriam J. Baer, Executive Director
March 17, 2014
North Carolina Real Estate Commission
Protecting the public interest in real estate transactions. NCREC.gov.
New Commission Members
2
George Bell G. Bell Properties, Winston-Salem
Leonard H. “Tony” Craver Craver Real Estate, Durham
Anna Gregory Wagoner Blanco Tackabery & Matamoros, Winston-Salem
What can we do for you?3
Provide you with information on our Web site
NCREC.gov
Answer your questions by phone 919-875-3700
Come to your Association or other group to speak and answer questions.
NC Real Estate Commission
4
Your source for real estate information
•NCREC.GOV•919-875-3700
Let us know how we can help!
Upcoming Meetings5
Come watch the Commission work:
Wednesday, March 19Wednesday, April 16 Wednesday, May 21
9:00 a.m. at the Commission’s office1313 Navaho Drive, Raleigh
Visit Us! Call Us! Follow Us!6
• Questions about courses• License status; education credits • BIC issues• License Law and Rules • Confessions• Concerns• Other
Public vs. Private dataWeb site improvements
Rule changes
Outreach
7
Commission Initiatives
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1. Public vs. Private Licensee Data
GS 93A-4 amended: certain personal information is no longer a public record
Licensees must have a public physical address or PO Box
Public vs Private Licensee Data9
Licensees can designate their email as: Public – email will be shared with anyone
who requests it Typically, education providers Could be others
Personal / Private – email won’t be shared Not even with CE or post-licensing
providers Use restricted to Commission
communications
AT LICENSEE LOGIN:10
BAER, MIRIAM J
This is what we currently show for your email address: [email protected]
This email address is PUBLIC PRIVATE
SUBMIT
2. Improving E-Communication 11
Web site: ncrec.gov Redesign Fillable forms Working toward electronic form submission
General goal: less paper, digital workflow…
Why would I want less paper?
Paper is awesome!
12
New Website13
NCREC.GOV: Dropdown Menus
14
3. Proposed Rule Changes15
Topics include:BICAR vs BICUPConflicts of interestRP(OA)DS
Summary, draft text on the Web siteComments welcomePublic Hearing March 19 @ 9:00
Final decision in May Effective date July 1
Proposed Rule Changes - NCREC.gov
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Proposed Rule Change: BICAR
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Focus group on BICAR improvements
Recommendation – combine the BICAR + Update => “BICUP”Applies to BICs and BIC-eligible4 hoursBICs and BICs take a 4-hour electiveBICUP + elective satisfies Commission CE
Brokers; PBs take the General Update
Proposed Rule Change:
Conflict of Interest18
Rule 0104 - agency disclosure changes:Prohibit a broker selling own property
from representing the buyerRequire listing agent to disclose
conflict of interest before purchasing own listing and terminate the listing agreement if
requested prior to closing.
Proposed Rule Change: RPDS
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Proposed Rule Change: RPDS
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24. Have you been notified by a governmental agency that the property is Is the property to be conveyed in violation of any local zoning ordinances, restrictive covenants, or other land-use restrictions, or building codes (including the failure to obtain proper permits for room additions or other changes/improvements)?
Actual knowledge standard remains
Public input21
Rulemaking comment in writing; Comment at public hearing
Task forces; advisory committeesPartnering with government and
industry: NCAR and Bar Ass’n Forms Committees Brochures in conjunction with AG’s office Summits, conventions, local board
meetingsSuggestions via email, mail, phone
4. Special Outreach Projects
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Military Visiting NC and Norfolk military
bases Members’ rights in rental housing New Q&A brochure
High School Planning stage Working with NC Realtors Education to young people on real
estate and brokerage
Current Hot Topics23
FrackingPocket listingsNational flood insuranceAdvertising in the digital age
HOA issues
Some Interesting Numbers24
Distribution of 92,872 Licensees(as of February 28, 2014)
25
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
56632
25605
10635
3610
4256
"Full" Brokers
Prov'l Brokers
Total Licensees Since 2007 26
June 07
June 08
June 09
June 10
June 11
June 12
June 13
0
20,000
40,000
60,000
80,000
100,000
120,000
FirmsIndividuals
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2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-20140
500
1000
1500
2000
2500
3000
3500
2860
2573
2154
1969
2581 2573
North Carolina Real Estate CommissionTotal Licensed Per Year By Exam 2008-2014*
* as of February 28, 2014
avg. = 2108 std.dev. = 846
Search for E&L Director28
National search Search firm skilled in education and government
sectorsSought expertise in
Adult education Real estate, including brokerage Law Technology
Interviewed Educators Attorneys Regulators
New Education & Licensing Director
Bruce W. Moyer, Ed.S., DREI
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Bruce joined the Commission as E&L Officer in 2012
Former BIC of his own firmTaught pre- and post-
licensing, CENow responsible for
directing statewide: education, examination, and licensing operations.
If something comes up later…
…ask Bruce!He’s up next
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Questions?
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