KimCo Real Estate Education Services
49428 River Run Road
Albemarle, NC 28001
704-782-4604
Policies & Procedure Disclosure
Date of Publication: July 1, 2024
Legal Name of Education Provider: Kim Stotesbury
Advertised Name of Education Provider: KimCo Real Estate Education Services
NOTE: This may differ from the Legal Name only if the Education Provider has registered an assumed or trade name with the NCSecretary of State.
Name of Education Director: Kim Stotesbury
Names of Full-Time Officials and Faculty: Kim Stotesbury, Amber Harley, Everett Stotesbury and Kate Shields
Education Provider Certification
KimCo Real Estate Education Services is certified by the North Carolina Real Estate Commission. The Commission’s address is 1313 Navaho Drive, Raleigh, NC 27609. Any complaints concerning the Education Provider, or its affiliated instructors should be directed in writing to the Commission. A link to the Complaint Form is provided on theCommission’s homepage (ncrec.gov).
Per Commission Rule 58H .0204, the Education Provider must provide each prospective student with a copy of the Education Provider’s Policies & Procedures Disclosure (PPD) prior to payment of any non-refundable tuition or fee. The PPD, which is required by the NC Real Estate Commission, outlines Education Provider policies plus the rights and obligations of the Provider and the student. A signed certification that a student received a copy of the PPD must be retained by the Provider.
NO STUDENT SHALL BE DENIED ADMISSION ON THE BASIS OF AGE, SEX, RACE, COLOR,
NATIONAL ORIGIN, FAMILIAL STATUS, DISABILITY, OR RELIGION.
Special Accommodations Request Procedure
KimCo Real Estate Education Services complies with the Americans with Disabilities Act (ADA) and strives to ensure that no individual with a disability as defined by the ADA is deprived of the opportunity to participate in a course. Students requesting special accommodations must notify the Education Director 30 days prior to the class to allow sufficient time to make a reasonable accommodation.
Course Offerings
KimCo Real Estate Education Services conducts:
Annual Continuing Education courses required to maintain a real estate license on active status.
Broker Continuing Education Courses
Purpose of the Continuing Education Program
The primary objective of the mandatory Continuing Education Program is to help assure that licensees possess the knowledge, skills, and competency necessary to function in the real estate business in a manner that protects and serves real estate consumers and the public interest.
Per G.S.93A-38.5, brokers must complete eight (8) credit hours of instruction annually in subjects approved by the Commission in order to retain eligibility to actively engage in real estate brokerage. Per Commission Rule 58A.1702, the eight hours must be comprised of an Update course and four credit hours of elective courses.
Course Offerings include:
2025-2026 General Update (GENUP)
2025-2026 Broker-in-Charge Update (BICUP)
Elective: Disclosure Delusions
Elective: The No Drama Transaction
Elective: The Seller Centric Transaction
Elective: From Opportunity to Strategy
Elective: It’s About to Hit the Fan
Elective: Price It Right
Elective: When No One is Watching
Course Materials
KimCo Real Estate Education Services will provide each student with a copy of course materials.
Eligibility Requirements for Course Completion Certificate
Per Commission Rule 58A .1705(a): To receive credit for completing an approved continuing education course, a broker shall:
(1) Attend at least 90 percent of the scheduled instructional hours for the course.
(2) Provide his or her legal name and license number to the education provider.
(3) Present his or her pocket card or photo identification card, if necessary; and
(4) Personally perform all work required to complete the course.
Tuition
The cost of each four-hour synchronous elective is $50, and students will receive the materials as a pdf attached to the email containing the link for access to the class. In person class fees are determined by attendance numbers and will vary per class.
Registration, Enrollment, and Conduct
Registration
To enroll in a course at KimCo Real Estate Education Services, prospective students must register online or by phone and pay for classes by 5 pm the day before the class to avoid problems that arise with last minute registration. Phone registration and payment is possible should the need arise. For synchronous classes (online via ZOOM) students will need a laptop or desktop computer with an internet connection and a camera. If this is not possible, students may log in on two devices and use a phone or a tablet for the camera. We do need to track attendance with a visual connection. Students may not participate in class while in a moving vehicle.
Tuition and Fees
KimCo Real Estate Education Services accepts the following forms of payment: Credit Cards and Debit Cards.
Tuition must be received by: In advance of the class. No credit for course attendance will be processed if payment is not made or declined.
The penalty for a check returned for insufficient funds is: $30.00
The fee to cancel a class is $15.00 and receive a refund
Attendance
• Students attending an in-person or synchronous distance learning Broker Continuing Education Course must attend a minimum of 90% of all scheduled instructional hours.
• Early departures from CE courses delivered in-person or via synchronous distance learning are prohibited by Rule 58A .1705.
• Attendance will be closely monitored, including late arrivals and early departures from class sessions and from all scheduled breaks, during in-person and synchronous distance learning courses. All time missed will be recorded for each student.
• No credit will be issued for students failing to meet the attendance requirement, and no refunds will be issued.
Course Cancellation or Rescheduling / Refunds
KimCo Real Estate Education Services reserves the right to cancel or reschedule a course as needed. Students enrolled in a rescheduled or cancelled course will be given a minimum of 1 hour notice of the cancellation or revised course schedule.
If a course is cancelled or rescheduled, students will have the following options: Transfer to another class or a full refund will be issued.
Withdrawals and Transfers / Refunds
A student may withdraw from a course by giving written notice to the Education Provider prior to the start of the course. In such event, the student will have the following options: Transfer to another class or a refund will be issued. A refund fee of $15 is required for processing.
A student who terminates enrollment in a course either with written notice to the Education Provider or by failing to attend or meeting the attendance requirement after the class begins will not be entitled to a refund of any portion of paid Tuition.
Student Conduct
Students are expected to be physically visible and attentive during class. Conduct issues that would cause a student to be removed from class and possibly not receive credit for the class include but are not limited to the following:
• Sleeping
• Talking out of turn
• Disruptive behavior
• Making or accepting phone calls
• Working on activities not connected to the course
• Driving while attending class
CERTIFICATION OF TRUTH AND ACCURACY
I certify that the information contained in this Policies & Procedures Disclosure is true and correct and that KimCo Real Estate
Education Services will abide by the policies herein.
Kim Stotesbury, DREI, GRI, GSI,GSL
Education Director
CERTIFICATION OF RECEIPT
I certify that I received a copy of KimCo Real Estate Education Services Policies & Procedures Disclosure prior to payment of any non-refundable course registration fee or tuition.
________________________________________________Student signature
Full Legal Name of Prospective Student