Can I Sell CMAʼs in NC as a Provisional Broker?
Yes, you can sell Comparative Market Analysis (CMA) reports in North Carolina as a provisional broker. In North Carolina, provisional brokers can conduct many of the same activities as full brokers, including providing CMA reports to clients. However, they must do so under the supervision of a broker-in-charge.
Related FAQs:
1. Can a provisional broker work independently in North Carolina?
No, provisional brokers in North Carolina must work under the supervision of a broker-in-charge at all times.
2. Can a provisional broker create CMA reports on their own in North Carolina?
Provisional brokers can create CMA reports but must have them reviewed and approved by a broker-in-charge before presenting them to clients.
3. Are provisional brokers allowed to negotiate contracts in North Carolina?
Provisional brokers can negotiate contracts with clients but must have them ratified by a broker-in-charge before they are considered final.
4. Can provisional brokers conduct open houses in North Carolina?
Yes, provisional brokers can conduct open houses under the supervision of a broker-in-charge.
5. Can provisional brokers handle rental properties in North Carolina?
Provisional brokers can handle rental properties, including showing rental units and screening potential tenants, under the supervision of a broker-in-charge.
6. Can provisional brokers represent buyers in North Carolina?
Provisional brokers can represent buyers in real estate transactions but must have their contracts approved by a broker-in-charge.
7. Can provisional brokers advertise properties for sale in North Carolina?
Provisional brokers can advertise properties for sale, including creating marketing materials and listing properties online, under the supervision of a broker-in-charge.
8. Can provisional brokers host client meetings in North Carolina?
Provisional brokers can host client meetings but must have a broker-in-charge present during any discussions about real estate transactions.
9. Are provisional brokers allowed to handle escrow funds in North Carolina?
Provisional brokers can handle escrow funds but must do so in accordance with state laws and under the supervision of a broker-in-charge.
10. Can provisional brokers attend closings in North Carolina?
Provisional brokers can attend closings but must have a broker-in-charge present to oversee the process.
11. Can provisional brokers provide advice on pricing properties in North Carolina?
Provisional brokers can provide advice on pricing properties, including creating CMA reports, under the supervision of a broker-in-charge.
12. Can provisional brokers sign contracts on behalf of clients in North Carolina?
Provisional brokers can sign contracts on behalf of clients but must have those contracts reviewed and approved by a broker-in-charge before they are binding.