New Laws Enhances License Requirements in Real Estate (CALIFORNIA)

Ever since I got my license some years ago, I was amazed how easy it was for others to get their “conditional” real estate license. This license is conditional because applicants with this license are required to complete two more courses within 18 months in order to receive an unrestricted license, nevertheless people got their temporary license and went on to sell your home or help you invest your future in a home……that is a scary thought!!

Basically anyone from your barber to your car sales man (no disrespect to these professions) was able to get their license and call themselves “real estate agents.” Many did it without having a clue of the real basics of our profession and without knowing how important it is to help people realize their dreams instead looking at each consumer as their next commission check.

Well, things are looking up for the consumer and for us licensed REALTORS® (yes…there is BIG difference between a real estate agent and a REALTOR®). According the new law AB 2429, individuals (in California) who Read more

February 14th, 2007 · Filed Under Real Estate Information

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Positive Outlook for 2007 and a Recovery into 2008

According to the National Association of Realtors® consumers are beginning to respond to more favorable housing market conditions but new-home constructions will still be dampened until inventories decline further.

David Lereah, NAR’s chief economist feels we’ve reached the bottom of the cooling housing market in 2006 and the recovery will come well into 2008.

The forecast of the Read more

February 7th, 2007 · Filed Under Keeping an Eye on the Market, Real Estate Information

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