What must BIC or BIC eligible licensees do to retain their status?

To retain the status of a Broker-in-Charge (BIC) or a BIC eligible licensee, the requirement to complete Continuing Education (CE) is essential. This ongoing education ensures that licensees stay current with industry practices, laws, and regulations that may change over time. In North Carolina, the real estate commission mandates that BICs and those in the process of becoming BIC must complete specific CE courses to maintain their license and their supervisory capacity over provisional brokers. This not only protects the integrity of the industry but also enhances the professionalism and competency of the individuals in charge.

Other options, while related to operating in the real estate field, do not address the specific requirements for maintaining BIC status. For instance, fees may be a consideration for other aspects of licensing, but not specifically for maintaining BIC status. Changes in office location and discontinuing supervision of provisional brokers are not general requirements tied directly to the retention of BIC eligibility and in fact, could hinder a BIC's practice if mismanaged. Thus, completing CE is the crucial action that BICs must take to ensure compliance and retain their supervisory role.