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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. [ 5 ]
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 ...
The typical commission on a real estate transaction totals somewhere between 5 and 6 percent of the home’s sale price, split evenly between the listing agent and buyer’s agent.
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]
Real Estate Agent Loses License for Not Presenting Offer. Sheree R. Curry. Updated July 14, 2016 at 9:16 PM. Ever wonder why if that property is such a great buy how come your real estate agent ...
Realtor.com is a real estate listings website operated by the News Corp subsidiary Move, Inc. and based in Santa Clara, California.It is the second most visited real estate listings website in the United States as of 2021, with over 100 million monthly active users.
Josh Flagg was born on August 20, 1985, in Los Angeles, California. [18] He is the son of Michael and Cindy (Platt) Flagg of Los Angeles. He is the grandson of philanthropist, electronics industry executive and Jewish leader Herman Platt, and great-grandson of Benjamin Platt, founder and owner of the nationwide Platt Music Corporation chain of stores. [19]