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Want To Pass the Real Estate Salesperson and Broker State Exam the First Time?

Your Objective Your objective is to pass the California Department of Real Estate exam on your first try. Without spending an excessive amount of time preparing for it. Without spending an excessive amount of money on it. Without studying other excessive textbook information that is not designed to help you be successful in the practice […]

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Become a DRE Broker

Requirements Complete another five college courses in addition to the three taken for your sales licensePass a 200-question exam with a grade of at least 75%Have worked two of the last five years as a full-time salesperson, other state experience is allowed and certain equivalent experiences are allowed (loan officer or escrow officer) or have […]

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Licensing Updates From The DRE

DRE Winter Bulletin There were many interesting sections in the DRE Winter Bulletin. A previous post discussed Missing Trust Fund Money. There were some interesting statements about Licensing in the Fiscal Year 19-20. At the end of FY 2019-20, DRE’s licensing population stood at 421,624, which included 291,759 salespersons and 129,865 brokers. This was a […]

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DRE Trust Fund Shortage: Yes, $5M in 2019-2020

Audits The Department of Real Estate performed 533 audits in the Fiscal Year ending on June 30, 2020. There were 166 with shortages or 33% of those investigated.As always, the leaders were the Property Managers. One hundred forty eight out of the 348 audited had a total shortage of $4,720,363. That is an average of […]

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The Misunderstood 70/30 DRE CE Regulation

Exemption Particulars Many years ago the California Association of Realtors prevailed on the State legislators to pass an exemption to the regulation requiring real estate licensees renewing a license to complete 45 hours of Continuing Education. This regulation is still in effect today. The exemption: California Business & Professions Code 10170.8 states that the provisions […]

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Name Changes Again For State Agencies

DBO to DFPI On July 13, 2013 the Department of Corporations’ name was changed to the Department of Business Oversight and the Department of Real Estate was changed to the Bureau of Real Estate. On July 1, 2018 the name of the Bureau of Real Estate was changed back to the Department of Real Estate. […]

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