Applicants seeking licensure as a California real estate salesperson or a real estate broker are required to answer the four (4) background questions that appear below under penalty of perjury. Many applicants fail to fully understand the scope of information that each question covers. Others believe that if the background events in questions occurred more […]
Category: CA Department Real Estate
The DRE Broker Office Survey – Is my brokerage ready?
What is the DRE Broker Office Survey? The DRE Broker Office Survey (BOS) is a review of the way in which the broker operates its brokerage. It looks into the types of activities that the broker conducts. It takes a close look at whether or not the broker is doing those activities correctly and in […]
What You Should Know When Applying for a Real Estate License from the California Department of Real Estate
The California Department of Real Estate (the DRE) is authorized to request background information from all applicants seeking the issuance of a license to practice real estate activity requiring a license in this state. […]
How to Remove Prior License Discipline From Your DRE License Profile
Right now, in the midst of a great deal of uncertainty, many real estate professionals are taking time to create innovative new business plans. Others are evaluating new ways to streamline their brokerages into lean, mean, profit-making machines. All of these actions make sense right now. But, if you still have not taken care […]
Who Needs an MLO Endorsement or MLO License When Engaging in Loan Origination Activity in California?
The definition of a mortgage loan originator (MLO): Mortgage loan originator means an individual who for compensation or gain in expectation of compensation or takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan. A residential mortgage loan is defined as a loan for personal, family, or household use […]
Background Checks for Licensing as a Mortgage Loan Originator in California
Mortgage loan origination activity by a Department of Real Estate Licensee – whether a real estate broker or real estate salesperson – requires that the license holder apply to the DRE for an MLO ENDORSEMENT to the license that allows the licensee to engage in Mortgage Loan Origination Activity. The alternative to the DRE endorsement […]
What is a Broker-Associate?
The title of “Broker Associate” is now clearly defined in the CA Business and Professions Code: 10015.3. “Broker associate” means a broker retained by a responsible broker who has authority to provide services requiring a real estate license on behalf of the responsible broker. The Department of Real Estate allows a broker associate to work […]
4 Helpful Tips to Avoid DENIAL of Your DRE License Application
Are you thinking about applying for a real estate salesperson license in California? If so, review these tips below. […]
