Fayetteville Real Estate School in NC Fayetteville Raeford Lumberton Hope Mills Dunn Sanford for real estate classes
Office: (910) 676-8628
Fayetteville Real Estate School in NC Fayetteville Raeford Lumberton Hope Mills Dunn Sanford for real estate classes
A full copy is in PDF form at the bottom of this page
Fayetteville Real Estate School
3035 Boone Trail Ext. Ste N,
Fayetteville, NC 28304
910-676-8628
www.FayettevilleRealEstateSchool.com
Date of Publication: June 28, 2023
Legal Name of Education Provider: ICDFAY Real Estate School
Advertised Name of Education Provider: Fayetteville Real Estate School (FRES)
Name of Education Director: Nichole Blackman
Names of Full-Time Officials and Faculty: Edward Blackman, Nichole Blackman, Curtis Blake, Lorraine Conyers, & Jacky Chavez
Education Provider Certification
Fayetteville Real Estate School (FRES) is certified by the North Carolina Real Estate Commission. The Commission’s address is 1313 Navaho Drive, Raleigh, NC 27609. Any complaints concerning the Education Provider, or its affiliated instructors should be directed in writing to the Commission. A link to the Complaint Form is provided on the Commission’s homepage (ncrec.gov).
Per Commission Rule 58H .0204, the Education Provider must provide each prospective student with a copy of the Education Provider’s Policies & Procedures Disclosure (PPD) prior to payment of any non-refundable tuition or fee. The PPD, which is required by the NC Real Estate Commission, outlines Education Provider policies plus the rights and obligations of the Provider and the student. A signed certification that a student received a copy of the PPD must be retained by the Provider.
NO STUDENT SHALL BE DENIED ADMISSION ON THE BASIS OF AGE, SEX, RACE, COLOR, NATIONAL ORIGIN, FAMILIAL STATUS, HANDICAPPING CONDITION, OR RELIGION.
Course Offerings
Fayetteville Real Estate School conducts:
the Broker Prelicensing Course required to qualify to take the license examination to become licensed as a real estate provisional broker in North Carolina; and
the Postlicensing Education Programneeded for a provisional broker to remove the provisional status of such license; and
the annual Continuing Education (CEs) courses needed to maintain a real estate license on active status.
Broker Prelicensing Course
Purpose of the Course
Successful completion of the Broker Prelicensing Course is generally required to qualify for the North Carolina (NC) real estate license examination and to obtain a NC real estate broker license. The primary objectives of this course are (1) to provide students with the basic knowledge and skills necessary to act as licensed real estate brokers in North Carolina in a manner that protects and serves the public interest and (2) to prepare students for the NC real estate license examination. This course may only be offered by education providers certified by the NC Real Estate Commission. At Fayetteville Real Estate School, the Broker Prelicensing Course consists of a total of 80 instructional hours, including the end-of-course examination.
After passing the Prelicensing course, a student must submit a license application to the NC Real Estate Commission to be eligible to take the license examination. License application instructions are provided in the free publication Real Estate Licensing in North Carolina (RELINC) which is available on the Commission’s website at www.ncrec.gov. The minimum age requirement to obtain a real estate license in North Carolina is 18.
Course Description
Major topics addressed in the Broker Prelicensing Course include basic real estate concepts and law, property taxation, land use controls, environmental hazards, brokerage relationships and practices, real estate contracts, real estate financing, closing a real estate sale transaction, real property valuation, property insurance basics, fair housing laws, landlord and tenant, property management, federal income taxation of real estate, basic construction, basic real estate investment, North Carolina Real Estate License Law and Commission Rules, and Trust Account Guidelines. Real estate mathematics is an important component of this course and calculations will be required.
End-of-Course Exam
The end-of-course exam will be administered IN PERSON at Fayetteville Real Estate School located at 3035 Boone Trail Ext Suit N Fayetteville, NC 28304. For those who are outside the country, you may proctor with a 3rd party, of school choice, at an additional fee on test date, in our time zone (EST), the same time in which class would normally occur. The date will be the end date of the course with a specified hour of timeframe it may be utilized.
An end-of-course exam will not be administered to any student who does not satisfy the course attendance requirement. (To clarify some points, if your zoom don’t work, your camera don’t work, your internet is out, or you are not able to stay on camera, you will considered absent. If you are not able to stay on camera due to technical difficulties you may come into the physical building for class. However again time will be deducted for the time you are not present.) * There is no such thing as excused absents, you were present or NOT.
Students are not permitted to bring tablets, cell phones, or similar electronic devices (other than a basic calculator) into the testing site on the day of an exam. Any student who brings such a device into the testing site on the day of an exam will be required to remove it before the exam begins. This includes all watches, FitBits, GPS wristwear, etc...
Missed Exams for In-Person, Synchronous, and Blended Courses
Fayetteville Real Estate School (FRES) WILL allow a Broker Prelicensing Course student who does not take the initial end-of-course exam as scheduled to take a makeup exam one time within 7 days of the last scheduled day of the course at a time and date stated by the Education Provider, or agreed upon matters by both the instructor and student.
Failed Exams
Fayetteville Real Estate School (FRES) WILL allow a Broker Prelicensing Course student who takes but does not pass the initial end-of-course exam, within 10 points of passing (80%), to retake the end-of-course exam 1 time only; however, all retakes must be completed within the deadline stated by the Education Provider. The deadline is normally within 7 days of the class test date, however if the instructor and student agree on another date - provision will be made. The cost to retest is $25 of which needs to be paid and scheduled ahead of time, so accommodation(s) can be made.
Eligibility Requirements for Course Completion Certificate
To successfully complete the Broker Prelicensing Course and receive a course completion certificate, a student must:
a) meet attendance requirements,
b) timely submit completed in-class and take-home assignments, and
c) pass the end-of-course exam with a minimum score of 80%.
All-Inclusive Tuition/Fees
Morning / Afternoon Online Course $550
Morning / Afternoon In – Person 525
Evening/Night Class In-Person $550
Evening/Night Online $575
Students who have paid in full may pick up mandatory materials prior to class. Please call prior and verify someone will be in the office and materials are in stock.
Annual Summary Report –
During the July 2022 – June 2023 license year, Fayetteville Real Estate School (FRES) had _322_ students who initially enrolled in a Broker Prelicensing Course. Of that initial number, _91_ of those students successfully passed the course, _156_ of those students completed the course but did not pass the end-of-course exam, and _166_ students did not complete the course.
License Examination Performance Report
During the July 2022 – June 2023 license year, Fayetteville Real Estate School (FRES) had _42_ students take the license examination for the first time within 30 days of the Broker Prelicensing Course completion date. _33_ of those students passed, resulting in a _78.57_ % pass rate on the North Carolina license examination.
Broker Postlicensing Education Courses
Purpose of the Postlicensing Program
The primary objective of Postlicensing Education Program is to provide instruction at a level beyond that provided in the Broker Prelicensing Course on topics deemed to be of special importance to licensees.
Per General Statute 93A-4(a1), provisional brokers must complete, within eighteen (18) months following initial licensure, a postlicensing education program consisting of ninety (90) hours of instruction in subjects determined by the Commission in order to retain eligibility to actively engage in real estate brokerage.
The Postlicensing program consists of three 30-hour courses prescribed by the NC Real Estate Commission that may be taken in any sequence. Be aware that a postlicensing course will expire two (2) years after its completion date. When a provisional broker has timely completed all three (3) courses, the provisional status of the broker’s license will be automatically terminated by the NC Real Estate Commission.
Course Descriptions
Post 301 - Brokerage Relationships and Responsibilities
Topics addressed in this course include a review of agency relationships in real estate residential and commercial sales and commercial property management transactions, a real estate broker’s legal duties to clients and customers, a step-by-step review and discussion of the functions and responsibilities of a real estate broker when working with sellers and buyers, a review of issues associated with transactions in progress when a broker leaves a firm, and a review of license status and education issues.
Post 302 - Contracts and Closing
Topics addressed in this course include selected basic contract law concepts, real estate sales contract preparation, sales contract procedures, buyer’s due diligence, closing procedures, Real Estate Settlement Procedures Act, closing disclosure preparation, contracts for deed, options, and selected real estate license status and education issues.
Post 303 - NC Law, Rules, and Legal Concepts
Topics addressed in this course include general NC licensing requirements, brokerage compensation issues, the disciplinary process, specialized types of real estate, property management in NC, and miscellaneous laws and legal concepts.
Course Materials
Each student is required to use and have immediate access to the current editions of the NC Real Estate Manual and North Carolina License Law and Commission Rules booklet during each Postlicensing course session. A physical hard copy of the book is available at the school for market value. If you order your book
Fayetteville Real Estate School (FRES) DOES NOT allow a student to use the online versions of the NC Real Estate Manual and NC License Law & Commission Rules booklet during post licensing classes.
End-of-Course Exams
End-of-course exams will be administered Online on the last day of class. In – person individuals will need to bring a laptop in on the last day of class at FRES 3035 Boone Trail Ext. Suite N Fayetteville, NC 28304. If you don’t have one, one will be provided for you based availability.
An end-of-course exam will not be administered to any student who does not satisfy the course attendance requirement.
Students are not permitted to bring cell phones, smart watches or similar electronic devices (other than a basic calculator) into the testing site on the day of an exam. Any student who brings such a device into the testing site on the day of an exam will be required to remove it before the exam commences.
Missed Exams for In-Person, Synchronous, and Blended Courses
Fayetteville Real Estate School WILL allow a Broker Postlicensing Course student who does not take the initial end-of-course exam as scheduled to take a makeup the exam one time within 3 business days of the last scheduled day of the course at a time and date stated and agreed on by the Education Provider.
Failed Exams
Fayetteville Real Estate School WILL allow a Broker Postlicensing Course student who takes but does not pass the initial end-of-course exam to retake the end-of-course exam 1 time as long as is it is within 10 points of passing score of 75%; however, all retakes must be completed within the deadline stated by the Education Provider. The deadline to retest is 3 business days. FRES is not open on Sunday & Monday for retakes. Retest is $25.
Eligibility Requirements for Course Completion Certificate(s)
To successfully complete a Broker Postlicensing Course and receive a course completion certificate, a student must:
a) meet attendance requirements,
b) timely submit completed in-class and take-home assignments, and
c) pass the end-of-course exam with a minimum score of 75%.
All-Inclusive Tuition/Fees
Morning / Afternoon Online Course $250
Morning / Afternoon In – Person 225
Evening / Night In-Person $225
Evening/Night Online $250
Throughout the year there are several discounts available.
Broker Continuing Education Courses
Purpose of the Continuing Education Program
The primary objective of the mandatory Continuing Education Program is to help assure that licensees possess the knowledge, skills, and competency necessary to function in the real estate business in a manner that protects and serves real estate consumers and the public interest.
Per G.S.93A-38.5, brokers must complete eight (8) credit hours of instruction annually in subjects approved by the Commission in order to retain eligibility to actively engage in real estate brokerage. Per Commission Rule 58A .1702, the eight hours must be comprised of an Update course and four credit hours of elective courses.
Course Description(s):
2023-2024 General Update (GENUP): 4 hours of instruction for brokers, approved and released by the Commission yearly. This class fulfills the annual continuing education credit for Real Estate Brokers as mandated by the North Carolina Real Estate Commission. The Commission changes the subject matter of this course each year. This year’s subject titles are NCREC Top Complaints, NCREC on Your Side FAQs, Challenges of a Changing Market, Legislative Law and Rule Updates, And Licensing & Education.
2023-2024 Broker-in-Charge Update (BICUP): 4 hours of instruction for Brokers in Charge, approved and released by the Commission yearly. This class fulfills the annual continuing education credit for Real Estate Brokers as mandated by the North Carolina Real Estate Commission. The Commission changes the subject matter of this course each year. This year’s subject titles are NCREC Top Complaints, NCREC on Your Side FAQs, Challenges of a Changing Market, Legislative Law and Rule Updates, Licensing & Education and BIC Policies.
Elective: Red Flags:This is a CE Elective 4 Hour Course (4 CE Credits). Students can increase their value as real estate agents by learning how to recognize “Red Flag signals that may
indicate property defects. Topics covered include: Red Flags: What Are They and What Causes Them? Inspecting for Red Flags Inside and Outside the Home, and Red Flags Associated with Environmental Hazards and Hazardous Materials. This course includes detailed home inspection techniques with illustrations and background information on asbestos, radon, lead, and other hazards. Limit your personal risk by being better informed.
Elective: EthicsThis is a CE Elective 4 Hour Course (4 CE Credits). As a real estate professional, you can help raise the bar and improve the reputation of the industry. You can lead by example. This course will empower you to recognize and respond to ethical dilemmas, inspiring consumer confidence. Reviewing several articles of the National Association of REALTORS® Code of Ethics and draw from real-life ethical scenarios. This course meets the REALTOR® Code of Ethics Training Requirement.
Course Materials
Fayetteville Real Estate School will provide each student with a copy of course materials in your email on the day of the class. Paper copies must be request in advance for and is an additional $3. In a zoom meeting, for you convenience, the digital copy will be provided in the chat box at the beginning of the course from the moderator or instructor.
Eligibility Requirements for Course Completion Certificate
Per Commission Rule 58A .1705(a):
In order to receive credit for completing an approved continuing education course, a broker shall:
(1) attend at least 90 percent of the scheduled instructional hours for the course;
(2) provide his or her legal name and license number to the education provider;
(3) present his or her pocket card or photo identification card, if necessary; and
(4) personally perform all work required to complete the course.
Tuition
These are the standard tuition cost, unless a promotion is being advertised on our site.
Morning / Afternoon Online Course $55
Morning / Afternoon In – Person $55
Evening / Night In-Person $55
Evening/Night Online $60
Registration, Enrollment, and Conduct
Registration
To enroll in a courses
CEs … Student must have a RE license, an email, and payment prior to class starting. In person students need to bring pocket card and ID to class. Online students need zoom, adequate internet speed, internet access, a webcam, and a well-lit environment, sitting upright in a classroom like environment. Must be able to show license and ID via webcam. Can’t be on a phone.
Prelicensing… Online students need zoom, adequate internet speed, internet access, a webcam, and a well-lit environment, sitting upright in a classroom like environment. All students need to be at least 18 years of age. Can’t be on a phone.
Postlicensing… Student must have a license, an email, and payment prior to class starting. In person students need to bring pocket card and ID to class. Online students need zoom, adequate internet speed, internet access, a webcam, and a well lit environment, sitting upright in a classroom like environment. Must be able to show license and ID via webcam. Can’t be on a phone.
Tuition and Fees
Fayetteville Real Estate School accepts the following forms of payment: Cash, Credit/debit.
Full Tuition must be received by: 1st Day of Class. As classes are made based on the number of students.
If students wish to make a partial payment for a class, the minimum payment is non-refundable $75. You will be allowed to pick up your class materials prior to the start of class. Your final tuition payment must be received before the start of the 1st day of class.
Attendance
• Students in an in-person or synchronous distance learning Broker Prelicensing Course must attend a minimum of 80% of all scheduled instructional hours.
• Students in an in-person or synchronous distance learning Broker Postlicensing Course must attend a minimum of 90% of all scheduled instructional hours.
• Early departures from CE courses delivered in-person or via synchronous distance learning are prohibited by Rule 58A .1705.
• Attendance will be closely monitored, including late arrivals and early departures from class sessions and from all scheduled breaks, during in-person and synchronous distance learning courses. All time missed will be recorded for each student.
Course Cancellation or Rescheduling / Refunds
Fayetteville Real Estate School reserves the right to cancel or reschedule a course as needed. Students enrolled in a rescheduled or cancelled course will be given a minimum 1 days/ 24-hour notice of the cancellation or revised course schedule.
If a course is cancelled or rescheduled, students will have the following options: Transfer or take the next class that meets enrollment count or receive a refund administered by the director or administrator. The secretary does not have access to provide a refund. You will need to speak with the director.
Withdrawals and Transfers / Refunds
A student may withdraw from a course by giving written notice to the Education Provider prior to the start of the course. In such event, the student will have the following options: Transfer or take the next class that meets enrollment count or receive a refund administered by the director or administrator. The secretary does not have access to provide a refund. You will need to speak with the director.
A student who terminates enrollment in a course either with written notice to the Education Provider or by no longer attending a course on or after 1st class will not be entitled to a refund of any portion of paid Tuition.
Student Conduct
Students are expected to be professional, and respectful. Failure to do so will result in dismissal at the discretion of the instructor or moderator. Examples of poor behavior or conduct include but not limited to: include sleeping, talking out of turn, surfing the internet, texting, making or accepting phone calls, working on activities not connected to the course, driving, sitting in a car, drinking beer, not responding to moderator, logging off for more than 10 mins at a time, etc.
Cheating
If a student is discovered to be cheating in any manner during an examination, the student will be immediately dismissed, will receive a failing course grade, will not be eligible for any retake or makeup policies, and will be reported to the NC Real Estate Commission [per Commission Rule 58H .0203(h)].
Fayetteville Real Estate School complies with the Americans with Disabilities Act (ADA) and strives to ensure that no individual with a disability as defined by the ADA is deprived of the opportunity to participate in a course. Students requesting special accommodations must let the instructor know and the director. If at any point and time you feel like ADA accommodations are not being provided please contact the director immediately.
Inclement Weather
In the event of inclement weather or a local or national emergency, we follow the FTCC (Fayetteville Technical Community College) schedule. This is for INCEMENT WEATHER only. We do not following the same holiday schedule.
Course Schedules
Course schedules are published separately from this Policies & Procedures Disclosure. Schedules are posted on the Education Provider’s website www.fayettevillerealestateschool.com and are also available upon request via email.
Use of Technology in the Classroom
Fayetteville Real Estate School is not responsible for lost or stolen electronic devices.
Fayetteville Real Estate School DOES provide wireless Internet access. Password: CEsDueJune10!
FRES is not responsible for disruptions in or problems with the service.
Fayetteville Real Estate School DOES allow the use of laptops, tablets, and similar devices in the classroom.
• Students may use electronic devices to enhance their learning, including taking notes, researching class topics, or viewing the on-line version of the NC Real Estate Manual. Sending personal emails/texts, shopping online, visiting social networking sites, or playing games are disruptions and are not acceptable student conduct. If an instructor discovers that a student is using an electronic device for these (or similar) purposes, you will given a verbal warning first, then be asked to leave. Watching porn or downloading unpurchased media (stealing) is an automatic dismissal.
• If the wireless Internet access is disrupted during a course, Fayetteville Real Estate School will provide a printed copy of the NC Real Estate Manual to any student who had been using the online subscription. The loaned NC Real Estate Manual must be returned at the end of the session. A student who fails to return a loaned NC Real Estate Manual textbook will be charged $50. A grade of completion will not be reward if you fail to turn in the textbook.
• Instructors, at their discretion, may designate times during which students may and may not use their electronic devices during class sessions. If an instructor has directed students to discontinue use of electronic devices, all students must put away their devices immediately. If a student does not follow an instructor’s direction to discontinue use the student will be dismissed from class.
• Sound on electronic devices must be muted during class sessions, including the vibration from being silent.
• The possession and use of electronic devices (other than a basic calculator) are strictly prohibited during all quizzes and exams.
Visitors
Classroom courses at Fayetteville Real Estate School are open to enrolled students only. Enrolled students may not bring visitors to the classroom.
Language
All courses are taught in the English language. It is suggested that you are fluent in the English language.
Fayetteville Real Estate School
3035 Boone Trail Ext. Ste N,
Fayetteville, NC 28304
910-676-8628
www.FayettevilleRealEstateSchool.com
If you have a grievance with FRES, please contact the Director Nikki Blackman directly in writing at FayettevilleRealEstateSchool@gmail.com , call the office and request the Director at 910-676-8628 or call the office and request a personal meeting with the Director Nikki Blackman.
Copyright © 2023 Fayetteville REAL ESTATE SCHOOL - All Rights Reserved.
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