DRE Bulletin Digest: Spring 2026
The California Department of Real Estate (DRE) in their Spring 2026 Real Estate Bulletin reminds licensees of fiduciary duties, advance fee requirements and how to become a real estate broker.
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Tag: advance fee
DRE Hot Seat: Agent with revoked license facilitates transaction for suspended corporation
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to properly supervise his corporation’s activities.
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Option Listings and the Guaranteed Sale Variation
Grant of an option to buy a property at a predetermined price if the property does not sell during the listing period, and the guaranteed sale variation
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DRE Hot Seat: Deceitful misrepresentations are not due diligence
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to comply with advance fee requirements while conducting prepaid rental listing service (PRLS) activities.
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Advance Fees are Trust Funds
The proper handling of broker fees deposited with the broker before they are earned
Read MoreFARM: Loan modification scammers prey on underwater homeowners
Most California homeowners who bought or refinanced after 2001, the super-heated years of the Millennium Boom, are underwater with negative equities. Their family balance sheets are in the red, insolvent. Since then prices have...
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