Licensing and Education | firsttuesday Journal

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.

Home sales volume impacts sales agent licensing and renewals

by ft Editorial Staff | Apr 21, 2022 | Charts, Licensing and Education, Real Estate | 1

View California sales agent trends from 2002-present, and examine the effect of home sales volume on licensing.

Newly licensed sales agent and broker population

by ft Editorial Staff | Apr 11, 2022 | Charts, Licensing and Education, Real Estate | 0

This article examines the number of broker and sales agent licenses issued by the DRE from 1998-present, with forecasts about future licensing trends.

DRE Bulletin Digest: Winter 2022

by ft Editorial Staff | Mar 28, 2022 | Licensing and Education, Real Estate, Your Practice | 0

The Winter 2022 DRE Bulletin focuses on scandal, new laws and education updates.

DRE Hot Seat: Danny Yen, owner of Real Estate Educational Services (REES), reprimanded by DRE and DFPI for conducting massive education fraud scheme

by Amy Perry | Mar 25, 2022 | Fundamentals, Licensing and Education, Mortgages, Real Estate | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) withdrew the qualification of a real estate course provider and instructor who implemented an elaborate and multi-state educational scheme which fraudulently provided course completion certificates to hundreds of DRE licensees and mortgage loan originators (MLOs) without requiring them to pass — or even attempt — their courses and final exams.

DRE Hot Seat: Deceitful misrepresentations are not due diligence

by Amy Perry | Feb 25, 2022 | Fundamentals, Licensing and Education, Real Estate | 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 failed to comply with advance fee requirements while conducting prepaid rental listing service (PRLS) activities.

DRE Hot Seat: Unlicensed assistants need adequate supervision

by Amy Perry | Jan 31, 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 failed to adequately supervise and review transaction files, and unlawfully employed and compensated an unlicensed employee for performing acts requiring a real estate license.

DRE Hot Seat: Criminal misconduct a willful disregard of real estate law

by Amy Perry | Dec 22, 2021 | 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 received a felony sentence for burglarizing a home.

DRE Hot Seat: Without active status, don’t practice

by Amy Perry | Dec 6, 2021 | 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 misrepresented the status of his license under another state agency.

New law requires implicit bias training for real estate professionals

by Oscar Alvarez | Oct 18, 2021 | Fair Housing, Fundamentals, Laws and Regulations, Licensing and Education, Real Estate, Your Practice | 2

Implicit bias training will be incorporated in both pre-licensing and continuing education courses beginning in 2023.

DRE is now accepting exam and license applications online

by Oscar Alvarez | Oct 4, 2021 | Licensing and Education, Real Estate, Your Practice | 0

The California DRE is now accepting real estate exam applications and combination exam and license applications online via eLicensing.

DRE Bulletin Digest Summer 2021

by ft Editorial Staff | Sep 7, 2021 | Licensing and Education, Real Estate | 0

A review of the Summer 2021 DRE Real Estate Bulletin.

Career Coach: creating your power base

by ft Editorial Staff | Jul 9, 2021 | Feature Articles, Licensing and Education, Real Estate, Your Practice | 0

The following is an excerpt from the new edition of the firsttuesday Career Manual, a best...

Licensee beware: a lapsed license is risky real estate business

by Guest Author Summer Goralik | Jul 6, 2021 | Fundamentals, Laws and Regulations, Licensing and Education, Real Estate, Your Practice | 0

Real Estate Compliance Consultant and former California Department of Real Estate (DRE) Investigator, Summer Goralik, shares advice on maintaining an active real estate license.

Letter to the editor: When applying for a broker license, what steps need to be taken when an employing broker will not certify the experience requirement?

by ft Editorial Staff | Jan 25, 2021 | Letters to the Editor, Licensing and Education, Real Estate | 0

When an employing broker is unavailable to certify a broker license applicant’s experience, the applicant may use an alternative method of verifying experience.