Get Winter 2011 Real Estate Bulletin. A Quarterly Real Estate Bulletin Published By The California

Founded in 1917, DRE or Division of Real Estate, is the state owned and operated regulatory body which defines and enforces real estate laws.

The California Department of Real Estate exists to serve the real property market and protects the transactions occurring in the real estate field. The DRE grants licenses to Real Estate Brokers and Salespersons.

In 2011, three of the top five CMAs in terms of average property values per private dwelling were in British Columbia. Vancouver led the way in 2011 at $535,500. Victoria ($392,200), Toronto ($388,200), Calgary ($386,800) and Kelowna ($361,100) comprised the rest of the top five.

The DRE was founded in 1917, when the California legislature enacted the nation's first real estate law. In July 2013, the department briefly merged with the California Department of Consumer Affairs as the Bureau of Real Estate.

Effective July 1, 2018, the BRE will again become the DRE. On July 1, 2013, after almost a century as the Department of Real Estate (“DRE”), California's governmental agency responsible for enforcing the state's Real Estate Law became the California Bureau of Real Estate (“CalBRE” or “BRE”).

As the largest law firm who focuses in the private lending space, let us navigate you through the two most typical licenses obtained: the Real Estate Broker's license (“BRE license”) issued by the California Bureau of Real Estate (“BRE”) and the California Finance Lender License (“CFL”) issued by the California ...