Whether you’re thinking of a brand new career move, or just a side hustle, you’ve decided you want to be a real estate agent in the great state of North Carolina.
But just how tough will your competition be in your new career? Read on to learn how many licensed agents are in North Carolina, as well as how many of these agents are licensed Realtors. You’ll also learn how many real estate agents are in the United States and what this means for you.
How Many Licensed Real Estate Agents in North Carolina?
According to the North Carolina Real Estate Commission, there are approximately 82,970 active brokers, 6,467 active provisional brokers, and 17,772 brokers-in-charge in the state. Of these licensed real estate agents, 55,000 are members of the North Carolina Realtors (NC REALTORS®), the esteemed professional real estate association.
NC REALTORS® is a non-profit trade association for North Carolina real estate agents. To earn the designation of Realtor, members are held to a strict code of ethics. Being a designated Realtor also offers benefits, such as educational opportunities and legal representation.
Only 51% of licensed real estate agents have a Realtor designation. This shows there is a great opportunity to become a licensed North Carolina real estate agent. Why? Because likely, only 51% of licensed real estate agents are engaged and actively working with clients. This is because they invested in themselves to earn the Realtor designation.
How Many Total Real Estate Agents Are There in the United States?
According to HomeLight, there are more than two million active real estate agents in the United States. Using the above statistics, only about 5.3% of licensed real estate agents are located in North Carolina. Approximately 1,359,208 of those licensed agents are Realtors. This means that North Carolina accounts for 4% of the nation's Realtors.
Is It a Good Time to Get Into Real Estate?
Now is a great time to enter the real estate field. Due to the COVID-19 pandemic, much of our lives have become technology-driven because of our remote lifestyles. This has extended into the real estate field. Real estate agents can succeed with a reliable device, Wi-Fi, social media, and an arsenal of the right tech tools. According to the National Association of Realtors Real Estate in a Digital Age report, up to 81% of Millennials and 78% of Generation X used a mobile device to find their home. With our increasingly technology-driven lifestyles, reaching potential customers through technology can be done from anywhere.
How Do I Earn a North Carolina Real Estate License?
There are seven steps to get your North Carolina real estate license. These steps are as follows:
Meet the basic requirements: Be at least 18 years old, have a social security number, and be authorized to work in the US.
Complete your state-required North Carolina real estate license course.
Pass a current background check (within the six months before getting your license).
Apply for your North Carolina Broker’s License online, which will confirm your eligibility to sit the state exam.
Schedule your state exam with the exam provider, PSI. You can easily schedule your exam on PSI’s website.
Pass the exam.
Choose your supervising broker.
Are you ready to earn your North Carolina real estate license? The first step is taking your real estate course. Begin your real estate career by taking your pre-licensing course fully online and from home. Our program is approved by the North Carolina Real Estate Commission (NCREC) so you can trust in your education. You can earn your license at your own pace and on any device. So what are you waiting for? Let’s get you started!