License Check
Licensed brokers are rigourously tested to make sure they are trustworthy and that they obey the laws.
There are basically 3 types of licenses in California.
California Finance Lender - This license usually applies to banks or large corporations. It is difficult to check if an individual has this license unless he is an owner or officer of the company you are working with. Check for this license here .
D.R.E. Broker/Officer - Brokers are usually managers or owners of real estate or mortgage offices. They are held to a higher standard of excellence than other agents. Brokers can do more types of transactions than salespeople, but they are also more liable if something goes wrong.
D.R.E. Salesperson - If you have this license you may represent buyers and sellers when in real estate transactions. You may also be employed in the mortage industry. Salepeople must work underneath a broker's license and they may only work under one broker at a time.
We highly reccomend you use only D.R.E. approved agent. Make sure your agent is trustworthy and current by verifying his current license status at D.R.E.