EFFECTIVE DATE: JULY 2016
TRIAD REAL ESTATE SCHOOL BULLETIN
The Triad Real Estate School is owned and operated by Triad Real Estate Group, LLC (TRES) located in Winston-Salem, North Carolina. TRES is licensed by the North Carolina Real Estate Commission. The school offers Broker Pre-Licensing, Broker Post-Licensing and Continuing Education classes. Gammel D. Bates, Jr. is the Director of the school, as well as one of the Broker Pre-Licensing instructors. Beverly H. Godfrey and Stephen David Culler are Officials for the school. The TRES instructors are: Dennis Miller, Valerie Fricault, Jim Walker, Calvin Cox, Marlys Currie, and John McPherson.
No student shall be denied admission on the basis of age, sex, race, color, creed, national origin or religious preference. Triad Real Estate School requires students to be at least 17 years of age. Applicants for licensure to the NC Real Estate Commission must be 18 years of age at the time of the application. A high school diploma is not required but is strongly recommended.
Enrollment for classes is open through the first day of class. Each student must sign an enrollment contract prior to the start of the on the first class which sets forth the basic rights and obligations of both the school and the student, and which has been approved by the North Carolina Real Estate Commission. Information regarding class schedules and registration are available upon request.
Students wishing to transfer to another course after registration will be charged a $15 transfer fee.
RESCHEDULING OR COURSE CANCELLATION:
Triad Real Estate School reserves the right to postpone the start of a course for up to two weeks. Should the course be postponed for more than two weeks, should meeting days/times be changed, or should the course be canceled, the student will be entitled to a full refund of tuition.
Students with special needs must notify Triad Real Estate School one week prior to beginning class if they require specific accommodations for attending class and/or taking tests. The school coordinator will review request with Director of School and we will notify you within 5 business days if request can be granted.
STUDENT PARTICIPATION AND CONDUCT STANDARDS: While in class students must direct their active attention to the instruction and refrain from engaging in unrelated activities. Unacceptable activities include, but are not limited to, operating a laptop or cell phone, or activities which are distracting to other students or the instructor. Each student must bring the appropriate textbook to each scheduled course session. Students are expected to conduct themselves in a professional manner. At the discretion of the instructor, a disruptive student may be expelled with no refund.
Smoking is not permitted in the building. Food and drink are permitted in the classroom as long as it is not a distraction to other students and does not become a sanitation issue.
To present the Broker Pre-Licensing Course required for an individual to qualify for the real estate license examination so that he/she may become licensed as a real estate â€œprovisional brokerâ€?.
TUITION AND FEES:
Tuition of $425.00 includes the textbook and class materials. If student already has the required textbook, TRES will discount $20.00 of the course fee. The course textbook is the current edition of Modern Real Estate Practice in North Carolina published by Dearborn Publishers.
Repeat course: $100.00 â€“ If a student fails a course, the student may take a future Broker Pre-Licensing course once within 6 months at a cost of $100.00, as long as the student enrolls for the course retake within 6 months from the original scheduled completion date of initial course for which he/she was enrolled.
Payments for all classes may be made by check, money order, credit card or debit card only.
A student who withdraws from a course prior to attending the second scheduled class will be refunded all monies minus the registration fee ($55.00) which will be retained by TRES. After attending the second class, no refund will be made; however, the student may enroll in a future course for $100.00 as long as the student enrolls for the course retake within 6 months from the original scheduled completion date of initial course for which he/she was enrolled.
The Broker Pre-Licensing Course is a Seventy Six and a half (76.5) hour introductory level real estate principles and practices course with heavy emphasis on real estate brokerage law and practice. The primary objectives of this course are (1) to provide students with the basic knowledge and skills necessary to act as a licensed real estate broker in a manner that protects and serves the public interest and (2) to prepare students for the real estate license examination. Major topics addressed in this course include basic real property 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 estate valuation, fair housing, landlord and tenant, property management, federal income taxation of real estate, basic house construction, basic real estate investment, the North Carolina Real Estate License Law and North Carolina Real Estate Commission Rules and Trust Account Guidelines.
When a student satisfactorily completes the Broker Pre-Licensing Course, he/she will be qualified to take the North Carolina Real Estate broker license examination.
A student enrolled in the 75-hour Broker Pre-Licensing Course is required to attend 80% of all scheduled course hours. Any student who does not maintain the necessary attendance will be deemed as having not completed the course and will receive no credit. Once a student has missed 20% or more of a course, the student is NOT ELIGIBLE to take the end of course examination. For the Weekday classes, 20% amounts to about 3 Â½ classes. For the Weekend classes, 20% amounts to 2 days.
The student must complete the course with a minimum grade of 80% on the final exam. Mid-term tests and take home exams will be given for practice throughout the course. These tests are for additional practice only and do not count towards the final course grade. Students who pass the final exam may not review the examination. A student who fails the exam may review his/her examination immediately following completion of the exam in the presence of the class instructor. A maximum of 30 minutes will be allowed for the review. The student will be given the opportunity to review the questions they answered incorrectly by comparing their responses to the correct response. The student will only be allowed to have the test package and answer sheet during the review.
I have read the Triad Real Estate School Bulletin and agree to its terms. Additionally, I am aware that I need to execute an enrollment contract with Triad Real Estate School PRIOR to the first class.