The DRE needs to focus on its goal to safeguard consumers rather than protect CAR’s interests
Change the law: Prohibit trade union membership for DRE commissioners
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Real Estate Principles
Prepare for the most critical issues you’ll encounter in your first years of practice.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles.
Recent updates to the course e-book
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
Rising refinances give MLOs a boost despite slowing sales; Monthly Statistical Update (December 2019)
Home sales volume down in 2019; Refi’s jump with interest rate decrease; MLO population declines in 2019
Look back to look forward: California’s past and future housing cycles
View California’s current housing cycle alongside the Millennium Boom.
Change the law: Require real estate team leaders to hold a broker license
first tuesday proposes that team leaders be required to be licensed brokers, who have more education and typically more experience than sales agents.
POLL: Are real estate agents permitted to give their clients advice on the tax aspects of a transaction?
This poll will close on November 25, 2019.
Interest rates at an unequal bottom; Monthly Statistical Update (November 2019)
Fixed rate mortgage (FRM) rates decline; Adjustable rate mortgage (ARM) rates decrease, not enough; Economic expectations see Treasury rates bottom
Are agents being short-changed by the big broker system?
This article discusses the few pros and many cons to how agents are classified and operate in the workforce.
DBO Bulletin Digest October 2019
This month’s DBO Bulletin Digest features an investment fraud case, public bank law and a cannabis banking guidance.
Status of California DRE licensees: 2019
This article analyzes 2019 California real estate salesperson and broker trends in renewals, expirations and licensing.