Archive | Licensing

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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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Want To Become Licensed? Here’s How We Can Help

Requirements MLO:  Complete a 20 Hour NMLS approved Mortgage Lending Course and pass a 125 question exam.         Details HereREAL ESTATE SALES:  Complete  3 college levels courses and pass a 150 question exam.                        Details Here REAL ESTATE BROKER:  Complete 3 more college […]

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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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