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A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [6]
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.
Realty ONE Group is a Laguna Niguel, California-based real-estate brokerage and franchising company. [2] As of 2022, it is affiliated with over 19,500 real estate professionals in over 400 offices across the United States and Canada.
The California Real Estate Act has two core components: licensing and enforcement. [1] [2] Both licensing and enforcement functions are required by the Appraisal Subcommittee (ASC), the federal government organization which oversees all state real estate appraiser licensing agencies. [2]
The deadline to obtain a California Real ID for U.S. domestic travel is officially less than a year away. Beginning May 7, 2025 , the new federal identification requirements take effect in California.
After graduating from Chapman University in 1993, Lewis worked for a real estate broker as a licensed real estate salesperson in California. Lewis has flipped dozens of homes in Los Angeles, his latest being a 4,300 square foot contemporary home he listed in 2018 for $7,995,000. [2]
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