Agency relationships can begin orally but a buyer agency agreement must be in writing before an offer is made.
Before you read
Test yourself first: 5 questions
Question 1 of 5
Under North Carolina's agency model, the 'Working with Real Estate Agents' disclosure must be provided to a consumer:
Answer: B. The 'Working with Real Estate Agents' disclosure must be reviewed with the consumer at first substantial contact—generally the point before the consumer discloses confidential information or the broker performs services for them. Its purpose is to explain agency options before the relationship is established.
Question 2 of 5
Which agency licenses and regulates real estate agents in North Carolina?
Answer: A. The North Carolina Real Estate Commission (NCREC) licenses and regulates real estate brokers in North Carolina.
Question 3 of 5
Which agency is responsible for licensing and regulating real estate brokers in North Carolina?
Answer: A. The North Carolina Real Estate Commission (NCREC) is the state agency that licenses and regulates real estate brokers and enforces License Law in North Carolina.
Question 4 of 5
The 'Working with Real Estate Agents' disclosure in North Carolina is primarily intended to do what?
Answer: A. The disclosure educates consumers about possible agency relationships so they can make informed choices before disclosing confidential information to a broker.
Question 5 of 5
Which government body issues and regulates real estate licenses in North Carolina?
Answer: A. The North Carolina Real Estate Commission (NCREC) is the state agency charged with licensing and regulating real estate brokers in North Carolina.
Keep the streak going with more questions like these, each with a full rationale.
Must-know rules
- Brokers must provide the 'Working with Real Estate Agents' disclosure.
- Give the disclosure at FIRST SUBSTANTIAL CONTACT with a consumer.
- Disclosure explains seller agency, buyer agency, and dual agency options.
- Agency relationships can begin orally but a buyer agency agreement must be in writing before an offer is made.
- Seller (listing) agency requires a written listing agreement.
- Dual agency requires informed written consent of both parties.
- Designated dual agency lets two brokers in one firm each represent opposing parties.
North Carolina Agency Model Cheat Sheet: FAQs
Is North Carolina Agency Model Cheat Sheet on the real estate exam?
Yes. State License Law is a scored domain on the North Carolina real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does North Carolina test this differently?
North Carolina applies its own license law on top of the national portion. This page covers the North Carolina rules specifically, which is what the state section of your exam tests.
