RE 149 – Licensee Statistics Just received some great news concerning DRE stats from October 2021. The famous RE149: Comparative Production Statistics is back. I love the monthly information it delivers. For example, the number of active licensees (broker and salespersons) are listed. The totals in all these categories are listed by current month (October […]
Changes for 2022 NMLS is constantly making changes for Course Providers like Duane Gomer Education. Due to the pandemic we have been doing webinars instead of seminars and the response has been gratifying. Of course, there will be changes. I believe this latest one will be effective on June 6, 2022. The student’s cameras must […]
DRE Summer Bulletin There was an important alert on page 3 of the DRE Summer Bulletin. You might check it out. Notice to Mortgage Loan Brokers The Department of Real Estate (DRE) has seen an increasing number of applications for mortgage loan originator license endorsements from people without a real estate license, which is a […]
Qualifying Courses One question my staff hears regularly concerns qualifying for a broker’s license. An applicant must complete 8 college courses and have 2 years of full-time experience in the last 5 years. There are nuances and if you have any queries, call my office at 800-439-4909, we can help. Yes, for example, an Econ […]
Reasons to Get a Broker’s License Received a wonderful email last week from a wonderful student, Maria Lopez Flores. She emailed me mentioning that she was not getting our emails. We appreciate this as many times the emails are going to spam or there has been some problem with our email service. She also sent […]
DRE Regulation Amendments A recent pronouncement from the Department of Real Estate stated that some amendments were coming to our DRE Regulations because of bill AB 2884. Can’t be too earth shattering because no public hearing is scheduled, and if you want to make any written comments, make them before 1700 Hours on 9/8/2021. Responsible […]
Your Objective Your objective is to pass the California Department of Real Estate exam on your first try. Without spending an excessive amount of time preparing for it. Without spending an excessive amount of money on it. Without studying other excessive textbook information that is not designed to help you be successful in the practice […]
Requirements Complete another five college courses in addition to the three taken for your sales licensePass a 200-question exam with a grade of at least 75%Have worked two of the last five years as a full-time salesperson, other state experience is allowed and certain equivalent experiences are allowed (loan officer or escrow officer) or have […]
Requirements Complete Our Three Qualifying Courses (Practice, Principles, Legal Aspects) Pass a 150-question exam with a grade of at least 70% You must be at least 18 years of age and be honest and truthful You do not need to live in California or show proof of citizenship We recommend that you […]
DRE Winter Bulletin There were many interesting sections in the DRE Winter Bulletin. A previous post discussed Missing Trust Fund Money. There were some interesting statements about Licensing in the Fiscal Year 19-20. At the end of FY 2019-20, DRE’s licensing population stood at 421,624, which included 291,759 salespersons and 129,865 brokers. This was a […]
