The general rule is that you must complete eight college courses to qualify to take the Brokers exam. Most recent Salespersons have completed three of these, and specific courses taken in College apply regardless of when completed.
Archive | Licensing
DRE and DFPI Alert on MLO Licensees
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 […]
We Get Questions. Oh Yes, We Get Questions
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 […]
A Wonderful Student
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 […]
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 […]
Become A DRE Salesperson In Today’s Hot Market
Requirements Complete Our Three Qualifying Courses (Practice, Principles, Legal Aspects) Pass a 150-question exam with a grade of at least 70% You must be at least 18 years of age and be honest and truthful You do not need to live in California or show proof of citizenship We recommend that you […]
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 […]
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 […]
New DRE 45-Hr CE Course
Senate Bill 263 Since 1978 Real Estate Licensees must complete 45 Hours of Continuing Education to renew their four year licenses. After a few years the DRE started to require specific classes to be part of the 45 hours. To date there are six three hour classes that must be finished by each student. The […]
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 […]