Featured Links
- California Business Portal
- Proposition 1B - Transportation
- Proposition 1C - Housing
- Goods Movement Action Plan
- Jobs and the Economy
- Performance Based Infrastructure
- Strategic Growth Plan
- Bond Accountability
- Energy and the Environment
- Governor's Broadband Initiative
- California Partnership for the San Joaquin Valley
- California International Trade and Investment Act
- Small Business Disaster Assistance
Highlights
- CTC Approves Landmark $3 Billion Goods Movement Program
- Work Zone Awareness Week in California
- Governor Schwarzenegger Continues Push for Congressional Leaders to Permanently Raise Federal Home Loan Limits
- Secretary Bonner Congratulates Broadband Task Force on Receiving CENIC 2008 Innovations in Networking Award
- Governor Announces $10.5 Million to Train Workers Displaced by Housing Slump
- Governor Schwarzenegger Announces $8 Million Grant to Expand Counseling Services to Homeowners at Risk of Foreclosure
- Governor Announces Actions to Jump Start California's Economy through Job Creation, Offset Housing Slump
- Governor Announces Distribution of Proposition 1C Funds for Affordable Housing
Departments
Jeff Davi
Commissioner
Department of Real Estate
For more information about DRE and its programs, go to www.dre.ca.gov.
Responsibilities and accomplishments include:
Licensing real estate professionals:
- Issued a record number of more than 65,000 first-time real estate licenses and more than 50,000 real estate license renewals in 2005.
- Reduced the processing time to obtain a real estate license in 2005 by 54 percent, from 175 days to 80 days.
- Expanded online capabilities to accommodate 49 percent of license-change transactions, 50 percent of license renewals and 52 percent of examinations.
- Received more than 70,000 original salesperson examination applications via the Internet since the online capability was added on March 1, 2005.
Investigating consumer complaints against real estate agents, brokers and subdividers:
- Worked collaboratively with the state Department of Corporations, Department of Financial Institutions and the Office of Real Estate Appraisers to establish a central license-information Web page to improve client service for all respective organizations.
- Issued 3,941 final public reports representing 110,791 housing units in 2005.
- Processed 100 percent of subdivision offerings within statutory timeframes.
Educating home buyers and renters:
- Revised the comprehensive booklet Disclosures in Real Estate Transactions and posted it on the Web in December 2005.
- Developed college-level real estate course materials for use statewide.
- Funded scholarship endowments that resulted in 175 scholarships to community and state college students in FY 2004-05.
The state Department of Real Estate (DRE) provides licenses for real estate professionals and protects consumers from faulty real estate transactions. In 2005, the number of real estate licensees soared to a record of more than 476,000 - a 14 percent increase over the previous year and a 57 percent increase during the last five years. FY 2005-06 projected the trend to continue with the number of licensees climbing to 491,000 as of March 2006.
"Record numbers of people are seeking employment in the real estate profession," DRE Commissioner Jeff Davi said. "DRE remains committed to efficiently providing services to licensees while ensuring consumers are receiving the protection they deserve when engaging in the real estate transaction process."