That Old Myth Of More Liability For Broker Associates Is Just That, An Old Myth E & O insurance companies don’t increase fees for Broker Associates. E & O knows liability better than brokers. Might Brokers who have a license be using that myth to keep salespersons from becoming brokers? Might a salesperson use that […]
By Summer Goralik: Former DRE Investigator, Lecturer, Author; Real Estate Compliance Consultant; Ethics Student Fundamentals of Broker Supervision In an effort to stay true to my own goals this year, I am writing a follow-up piece to my recent post on “DRE Compliance Goals”. That post, which you can read by clicking here, https://www.expertdrecompliance.com/blog/dre-compliance-goals […]
Should I Get A Brokers’ License? Why should I get a Brokers’ license, when I am doing okay with my Salesperson license? My answer: “You will make more money.” In addition, you can work for two companies such as residential sales and lending or commercial sales and mortgage lending.
From The Department Of Real Estate “Instructions To License Applicants” Minimum requirements to apply for the Broker Examination and License. Age: You must be 18 years of age or older. Residence: You do not have to be a California resident Honesty: You must be honest and truthful. Conviction of a crime may result in denial […]
There Is Much Confusion Among Students When The Question Of How To Get A Broker’s License Is Asked There are some basic rules, but there are then some little known rules. The general rule is that you must complete 8 college courses to qualify to take the Brokers exam. Most recent Salespersons have completed […]
Becoming A Real Estate Salesperson: You need to complete three qualification courses; Principles, Practices, and an elective. These courses should be taken by home study (either hard copy or online reading). It is just about impossible to find any company doing them LIVE, and to do so would take 135 hours of classroom time. These […]
If I Were King, That Would Be A Rule My license number is 00257862 and current numbers are around 1.9M. So I have seen many come, and I have seen many go. Some never last, and they never know why. Was Peter Drucker the one who said, “If you want to have a change in […]
There Is So Much Confusion About Getting A Real Estate Broker Or Salesperson License Or A Notary Commission Hopefully, this will answer any questions you may have now or later. Salesperson License To qualify to sit for the Department of Real Estate Salesperson Exam you must: Complete college-level statutory courses in Real Estate Principles, Real […]
Why, You Ask? One Major Reason: Test grades: Three years ago, the passing rate for Broker’s exam was 39% Two years ago, the passing rate was 41% Fiscal year to date, the passing rate is 56% For the math majors this is an improvement of 44% DGE Guarantees That You Will Pass Or Your Fees […]
My Question To all Real Estate Salesperson Licensees with over 2 years full-time experience: If you asked any client, what are the designations such as SFR, BPO, EPro, SRES, etc., how many of them would have any idea what they mean? I ask my licensed students that question and a majority have no concept of […]
