The 'Working with Real Estate Agents' Disclosure must be reviewed with consumers at first substantial contact (it is a disclosure, not a contract).
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
- Agency relationships are created by written agreement; a seller listing (or buyer agency) agreement must be in writing from its formation.
- The 'Working with Real Estate Agents' Disclosure must be reviewed with consumers at first substantial contact (it is a disclosure, not a contract).
- Recognized relationships: seller's agent, buyer's agent, dual agent, and designated dual agency.
- Dual agency is permitted only with the informed, written consent of both buyer and seller.
- Designated agency lets a firm appoint one agent for the buyer and another for the seller within the same transaction, each advocating for their client.
- Buyer agency may begin orally but must be reduced to writing before the buyer makes an offer.
- Brokers owe clients loyalty, obedience, disclosure, confidentiality, accounting, and reasonable skill and care, plus honesty and fair dealing to all parties.
North Carolina Agency Model Quick Reference: FAQs
Is North Carolina Agency Model Quick Reference 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.
