BIC TIP #1235: Do Not Be a Statistic
Do not be a statistic. In this BIC TIP, Stephen Long reminds North Carolina brokers that the license renewal deadline is June 30. It sounds easy to remember, and yet every year thousands of licensees miss it.
The Numbers Do Not Lie
Stephen shares that last year, out of roughly 100,000 licensees, about 14,000 people forgot to renew on time. That is a huge workload for the Real Estate Commission, and it can be a real problem for the brokers who missed it.
Nobody plans to be one of the 14,000. They just get busy, assume they already did it, or put it off until tomorrow one too many times.
Why It Matters Mid-Transaction
If you have deals in progress, a lapsed license is the last thing you need. Stephen points out that if you did not renew and you need to continue a transaction, you will want to get your license renewed so you can keep business as usual. Do not put your clients, your commissions, or your reputation at risk over a simple renewal.
If you are unsure of your status, check with your broker-in-charge today.
The Practical Takeaway
If you have not done it yet, go to the Real Estate Commission’s website, pay your $50, and renew your license before June 30. It takes just a few minutes, and it means you can keep on trucking on July 1 instead of joining next year’s statistic.
