Category: Licensing and Education

The rise and fall of real estate brokers and agents

by ft Editorial Staff | Jan 26, 2023 | Charts, Licensing and Education, Real Estate | 36

This article analyzes the historical population of active DRE licensees, with discussions and forecasts about future licensing trends.

DFPI Bulletin Digest: January 2023

by ft Editorial Staff | Jan 23, 2023 | Licensing and Education, Mortgages, Real Estate | 0

The January 2023 DFPI Bulletin Digest focuses on license renewals, crypto regulation and CCFPL rulemaking.

DRE Hot Seat: Broker fails to supervise or disclose an overt conflict of interest

by Amy Perry | Dec 30, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a real estate corporation, later leading the designated officer to voluntarily surrender their broker license, for allowing an unlicensed employee to solicit and contract with their principal, and failing to disclose a conflict of interest.

Hiring newly-minted real estate agents in a recession

by Ashley Collins | Dec 23, 2022 | Licensing and Education, Real Estate, Recessions | 0

Now is the instructive period of a business cycle which positions talented, recent licensees to max out the good times in the recovery phase of a business cycle.

DRE Hot Seat: The buck stops with the designated broker — always

by Amy Perry | Dec 2, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

DRE Hot Seat: Agent with revoked license facilitates transaction for suspended corporation

by Amy Perry | Nov 1, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

DRE Hot Seat: Broker frauds his landlord client and tenant

by Amy Perry | Sep 30, 2022 | Fundamentals, Licensing and Education, Property Management, Real Estate, Your Practice | 0

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 acting as a property manager who charged the tenant a greater amount than was paid to the landlord.

Letter to the editor: Does the DRE “accredit” schools?

by ft Editorial Staff | Sep 8, 2022 | Forms, Letters to the Editor, Licensing and Education, Real Estate | 0

The California Department of Real Estate (DRE) does not “accredit” schools. The DRE approves courses submitted by course providers.

DRE Hot Seat: Trust funds are held “in trust” and belong to another

by Amy Perry | Sep 1, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

DRE Hot Seat: Designated officer assumes responsibility over mismanaged brokerage

by Amy Perry | Jul 27, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) restricted the California real estate license of a broker who failed to properly supervise and maintain trust funds and trust fund records as the designated officer of a property management company.

Stay on the straight and narrow with these real estate compliance tips

by Guest Author Summer Goralik | Jul 21, 2022 | Feature Articles, Licensing and Education, Your Practice | 0

Real Estate Compliance Consultant and former California Department of Real Estate Investigator, Summer Goralik, offers six tips to staying in compliance with real estate law.

When you can expect to access the extra CE required to renew your California real estate license

by ft Editorial Staff | Jul 18, 2022 | Feature Articles, Laws and Regulations, Licensing and Education, Real Estate | 1

The new course requirements will apply to real estate agents and brokers with licenses expiring on or after January 1, 2023.

DRE Hot Seat: A broker’s website needs to comply with real estate advertisement laws

by Amy Perry | Jun 30, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

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 advertised real estate services without disclosing his license identification number, claimed to perform mortgage loan originator (MLO) services without holding a valid license, and used unlicensed fictitious business names on his website.

MLO Mentor: California’s nonjudicial foreclosure

by ft Editorial Staff | Jun 13, 2022 | Feature Articles, Licensing and Education, Real Estate, Your Practice | 0

This article gives an overview of California state’s nonjudicial foreclosure process.

DRE Hot Seat: Broker engages in trust fund violations and dishonest dealing

by Amy Perry | May 26, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) restricted the California real estate license of a broker who engaged in dishonest dealing with clients, committed trust fund violations and failed to adequately supervise.

MLO Mentor: California Residential Mortgage Loan Act, Part II

by ft Editorial Staff | Apr 27, 2022 | Feature Articles, Licensing and Education, Mortgages, Real Estate, Your Practice | 0

This article continues our discussion in Part I of MLO licensing, origination and reporting under the California Residential Mortgage Loan Act (CRMLA).

DRE Hot Seat: Broker conceals their own non-licensed escrow service while commingling trust funds

by Amy Perry | Apr 25, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

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 commingled their client’s funds with their personal account and used themselves, operating under an unapproved fictitious business name, as the escrow service without informing the client.