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OURCES OF RELEVANT LAW C. SELECTED CALIFORNIA STATUTORY AND REGULATORY MATERIALS CONCERNING BROKER LICENSING, DISCIPLINE AND RECOVERIES D. FUNCTIONS PERFORMED BY REAL ESTATE BROKERS 1. III. Mortgage Brokers E. THE CONTRACT BETWEEN BROKER AND CLIENT F. BROKERS AND THE STATUTE OF FRAUDS G. WHEN HAS THE BROKER EARNED HER COMMISSION? H. THE WITHDRAWAL FROM SALE CLAUSE I. BROKER DUTIES OF INVESTIGATION AND DISCLOSURE J. AGENCY, DUAL AGENCY AND AGENCY DISCLOSURE K. CONSEQUENCES OF.
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Subordination FAQ
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In order to get a Broker license you must pass the DRE-administered Broker State Exam. In order to qualify for the Broker State Exam, you must have either two years of full-time experience as a Salesperson within the last 5 years, or a 4-year degree (major or minor) in Real Estate.
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In fact, the pass rate for the California real estate exam in the last two years was under 50%, which means it's incredibly competitive and difficult to pass.
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Broker Examination Fee$95License Fee$300Fingerprint Fee*Total Due to DRE with RE 436$395
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To obtain a California real estate broker license, you must first qualify for and pass a written examination. Those who pass the examination are provided a license application, which must be submitted to and approved by the California Department of Real Estate (DRE).
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If you are an attorney who is a member in good standing of the California State Bar, then you are exempt from some of the requirements to become a licensed real estate agent or real estate broker. Basically, you are granted permission to sit for the exam straightaway.
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If, for instance, you're already an experienced real estate agent in California, you may be able to get your broker license in less than a year. However, if you're new to the real estate industry, it may take as many as three years to meet the California real estate broker requirements.
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