Real estate business typically slows down during November and December. These slow months give you ample time to knock out your BRE or NMLS continuing education.
Renewing your BRE license
The Bureau of Real Estate (BRE) sends out renewal notices 90 days prior to your expiration date. But this doesn’t mean that you have to wait until then to take your continuing education courses. You may take the required continuing education courses any time during the four-year period prior to your license expiration date. By completing your courses in advance, you eliminate rushing, and avoid crises like lost tests and books, a suspended license and BRE late fees.
To renew a license with the BRE, brokers and agents are required to complete 45 hours of BRE-approved continuing education consisting of:
- five mandatory, three-hour courses (15 hours) in the following subjects:
- fair housing;
- trust funds;
- ethics; and
- risk management;
- a minimum of 18 hours of consumer protection courses; and
- the remaining 12 hours in your choice of consumer protection or consumer service courses.
To simplify the process, first tuesday offers BRE renewal courses, pre-packaged to meet the 45-hour requirement.
If you are at least 70 years old and have been a real estate licensee for 30 years or more by your license expiration date, you can request a continuing education exemption from the BRE.
Renewing your MLO endorsement or license
Additionally, if you are a mortgage loan originator (MLO) with the California BRE and/or the California Department of Business Oversight (DBO), you are required to renew your endorsement annually through the Nationwide Mortgage Licensing System & Registry (NMLS). This renewal requires an additional eight hours of MLO continuing education.
The on-time renewal period for the MLO endorsements or licenses is November 1st through December 31st. Though you may complete your continuing education any time in the calendar year, you may only process an on-time renewal with the NMLS during the renewal period.
first tuesday also offers the 8-hour MLO/NMLS endorsement continuing education. Our course is revised annually to comply with the NMLS successive years rule.
Don’t wait until the last minute to renew your license — it’s not worth the stress.