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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 ]
It offers two credentials, the registered and certified polysomnographic technologist credentials (the RPSGT and the CPSGT). The BRPT is located at: 8400 Westport Drive, 2nd Floor, McLean, Virginia 22102. The BRPT was established in 1978 and offered the first RPSGT exam in 1979. [1]
The RPSGT candidate may qualify for the credentialing examination by a variety of paths. Depending on the qualifying path taken, one must work for a minimum of six to eighteen months full-time in polysomnography to be eligible for the examination. As of December 2014 the BRPT listed over 21,000 holders of the RPSGT credential.
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The real estate exam is often considered difficult by many aspiring real estate agents and brokers. This is because the exam is intentionally designed to be difficult to pass, as a way to filter out those who may not have the required skills and knowledge to be successful as a real estate professional. [1]
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]
A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region.
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