Requirements Complete our 6-hour live webinar course Pass a 45-question exam with a grade of at least 70% Call us at (800) 439-4909 or go to www.duanegomer.com for more info or to register. Many months 100% of our students have passed. THE EXAM CHANGES EVERY MONTH SO YOU REALLY NEED TO STUDY.
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 […]
Non-Recourse Loans; A Special CA Regulation
When a normal person buys a normal home in CA and gets a normal home loan from a normal lender, California Law states that if there is a default in payments, the normal lender can “only look to the home”. They can not get a judgment against normal owner’s other assets even if they do […]
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 […]
IRS Tax Tip: What To Consider When Selling A Home
Tax Tip Service IRS has an amazing Tax Tip email service. Real estate people should study them and use them as handouts to your clients. This is information from the source. I would register for their tax tip email and then google IRS Tax Tips Archives to check what has been sent out in previous […]
Meet Our Duane Gomer Staff – Today: Christie Olson, General Manager
Christie Olson This is the first in a series of articles, MEET OUR Duane Gomer Staff. This is an interview with Christie Olson, General Manager. How long have you worked for DGE? 14 years and counting….How long have you been General Manager? I was promoted to General Manager in November 2015, so I’ve been working […]
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 […]
Excerpt from our New MLO CE Book
Discussion Points of ARMs I would like to include a quote from Joffrey Long who is a hard working MLO and a Speaker of the Year for Duane Gomer Education and finds time to work as an Expert Witness on Foreclosures and other issues. He said, and I quote, “It does bring to mind the […]
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 […]
End of an Era, Joel Singer Retiring at C.A.R.
Joel Singer has been at the California Association of Realtors since1978 and has been the Chief Executive Officer since 1989. Forty-three years if you are counting, but the era will come to a close at the end of this year. I remember Joel when he started at CAR in 1978 as Chief Economist, and of […]