NEW LAW Re-Establishes the DRE

Remember when the California Bureau of Real Estate (CalBRE) was called the Department of Real Estate (DRE)? Well, those days are soon returning.

California removes the CalBRE from the Department of Consumer Affairs (DCA) to classify it as an independent department under the Business, Consumer Services and Housing Agency (BCSH).

Thus, the new legislation will effectively reverse those 2013 changes, returning the CalBRE DRE to its place as a separate department alongside the DCA and under the BCSH.

The new rules become effective July 1, 2018.

So, brokers and agents: be prepared to welcome back the DRE and embark on another mission to update your business materials in conformance with new government changes.