For the first time in a long while, the California Department of Real Estate (CalDRE) has unveiled the pass rates for the state's real estate license exam. During the Department of Real Estate Forum Presentation on May 2, 2024, CalDRE shared some revealing statistics: as of FY2023, the overall pass rate for sales agents was [...]
If you're looking to pursue a career in real estate, it's important to stay up-to-date on the latest changes in the industry. One significant change that's on the horizon is the implementation of Senate Bill 1495 (SB 1495), signed by Governor Gavin Newsom in September 2022. Starting January 1, 2024, all applicants for the salesperson [...]
WASHINGTON — Realtor median net income increased 5 percent from 2017 to 2018, and 67 percent of all realtors were female, an increase from 63 percent last year, according to key findings in the 2019 National Association of Realtors Member Profile. While overall membership grew from 1.23 million in 2016 to 1.36 in 2018, membership [...]
California Real Estate Licensing and examination activity The number of California Real Estate salesperson examinations scheduled decreased 9.4 percent in 2018 compared to 2017. The issuance of new California Real Estate salesperson licenses also decreased by 7.2 percent over the last year. In 2018, there were 50,129 exams administered, but only 22,357 licenses issued, according to [...]
Recently the California Bureau of Real Estate updated "Guidelines for Unlicensed Assistants who Work in the Real Estate Industry." These guidelines have been written to offer some direction to California real estate licensees and others regarding what unlicensed assistants can lawfully do in the real estate arena without having a California real estate license. To [...]
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