The Commissioner of the California Department of Real Estate, Doug McCauley, was very generous with his time and allowed me to interview him on his two year anniversary. I asked him the questions that I thought licensees would ask if they had this opportunity. His candid and open answers should help us better understand the […]
This form gives you statistics on the number of new licenses, renewal rates, number of exams given, percentage of exams passed, investigations, audits, accusations, hearings and subdivisions. Of course, I like to follow the number of new licenses, renewal rates and % of exams passed. March 2022 was a much better month. The first nine months […]
Implicit Bias: Buyers, Sellers, and Licensees Be Aware There are numerous articles and postings about Implicit Bias and Love Letters. A new 2 hour Implicit Bias Course will be part of the 45 Hour CE Requirements effective January 1, 2023. And an interactive participatory component must be added to the required Fair Housing CE Course. Buyer […]
The Fall issue of the DRE bulletin was recently released by Commissioner Douglas R. McCauley. Worth reading if you are interested in Real Estate in any way. This is not an advertisement disguised as a news release, this is from the agency that enforces all Real Estate Regulations, so beware and behold. First, read this issue […]
The Cost of Some Choices The DRE sent us an alert last week about a serious problem with some MLO Licensees. It seems that they made arrangements with an Education Company to give them completion certificates without doing any work, any tests, anything. An investigation has been brewing for a long time and the two […]
RE 149 – Licensee Statistics Just received some great news concerning DRE stats from October 2021. The famous RE149: Comparative Production Statistics is back. I love the monthly information it delivers. For example, the number of active licensees (broker and salespersons) are listed. The totals in all these categories are listed by current month (October […]
Changes for 2022 NMLS is constantly making changes for Course Providers like Duane Gomer Education. Due to the pandemic we have been doing webinars instead of seminars and the response has been gratifying. Of course, there will be changes. I believe this latest one will be effective on June 6, 2022. The student’s cameras must […]
DRE Summer Bulletin There was an important alert on page 3 of the DRE Summer Bulletin. You might check it out. Notice to Mortgage Loan Brokers The Department of Real Estate (DRE) has seen an increasing number of applications for mortgage loan originator license endorsements from people without a real estate license, which is a […]
Qualifying Courses One question my staff hears regularly concerns qualifying for a broker’s license. An applicant must complete 8 college courses and have 2 years of full-time experience in the last 5 years. There are nuances and if you have any queries, call my office at 800-439-4909, we can help. Yes, for example, an Econ […]
Reasons to Get a Broker’s License Received a wonderful email last week from a wonderful student, Maria Lopez Flores. She emailed me mentioning that she was not getting our emails. We appreciate this as many times the emails are going to spam or there has been some problem with our email service. She also sent […]
