North Carolina License LawIntermediateNorth Carolina Exam
Under NC license law, a broker who is employed by a real estate firm as a W-2 employee (rather than an independent contractor) still must:
ABe licensed as an employee only
BHold an active NC real estate broker's license to perform brokerage activitiesCorrect
CHave a separate license for W-2 employment, which is the standard approach used
DOnly need a business license
Why Hold an active NC real estate broker's license to perform brokerage activities Is Correct
Answer B: Hold an active NC real estate broker's license to perform brokerage activities
Whether a broker is an independent contractor or an employee of a firm, they must hold an active NC real estate broker's license to perform brokerage activities.
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State-Specific Concepts
License Law
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