North Carolina License LawIntermediateNorth Carolina Exam

A NC broker who wants to open their own independent brokerage must first:

AOnly register the company name with the county, under standard practice
BObtain a broker license for the firm and designate a broker-in-chargeCorrect
CApply for a provisional broker upgrade
DComplete 200 additional hours of education

Why Obtain a broker license for the firm and designate a broker-in-charge Is Correct

Answer B: Obtain a broker license for the firm and designate a broker-in-charge

To operate an independent brokerage in NC, the broker must obtain a firm license from the NCREC and designate a qualified broker-in-charge for each office.

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