What is the real estate regulatory body in California quizlet?
Each state has its own real estate licensing laws and regulatory body. In California, this regulatory agency is the California Bureau of Real Estate, also known as the BRE. The MAIN purpose of the California Bureau of Real Estate is to protect the public.
What is the DRE and who runs it?
Real Estate Commissioner
Doug McCauley was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on April 2, 2020 and assumed office on May 6, 2020.
Which entity is responsible for regulating the real estate industry in California?
Regulation of Real Estate Licenses
In 1917 California became the first state to create laws that regulated real estate licensing. The DRE was formed to act as the entity that administers the regulations and oversees the licensing process. The department is in charge of: Granting real estate salesperson licenses.
What capacity does the commissioner serve in California?
In which of the following capacities does the Commissioner serve in California? As the chief executive of the Bureau of Real Estate. The Commissioner serves as both the chairperson of the State Department of Justice, and the chief executive of the Bureau of Real Estate.
How much money does a real estate agent make in California?
According to the Bureau of Labor Statistics, the average income for Real Estate agents in the state of California is $73,450. California is one of the top earning states for Real Estate agents.
How do you become a real estate commissioner in California?
The commissioner shall be appointed by the Governor. 10052. The commissioner shall have been for five years a real estate broker actively engaged in business as such in California, or shall possess related experience associated with real estate activity in California for five years within the last 10 years.
What is a CA real estate license called?
A California real estate license (also commonly called a salesperson license) authorizes you to represent buyers and sellers in real estate transactions. … Complete your 135-hours of required real estate education from any state-approved real estate school.
What does a DRE do?
A drug recognition expert or drug recognition evaluator (DRE) is a police officer trained to recognize impairment in drivers under the influence of drugs other than, or in addition to, alcohol.
What does the California Bureau of real estate do?
The mission of the California Department of Real Estate is to safeguard and promote the public interests in real estate matters through licensure, regulation, education and enforcement.