Today the NC Real Estate Commission is holding a training for instructors of the required Update Course. Broker Price Opinions are addressed in Section 4 of the 6 sections. Although only 3 of the total of 85 pages, the course directs anyone who obtains a copy of an illegal BPS may send a complaint to the NC Appraisal Board and the NC Real Estate Commission. Both agencies “will open and investigate the complaint and take whatever action is deemed necessary.”

We were able to ask Real Estate instructors how often illegal BPOs wer being performed.   They overwhelmingly said that it was a rampant practice.  With this course being required for EVERY real estate broker in North Carolina, lets hope we see an impact.
 
 
 
 
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