| There are two new Bills that are sitting on | | | | conduct activities that require a good amount of |
| Governor Schwarzenegger¡¯s desk | | | | experience. AB 1963 (Leslie) will rectify this |
| awaiting action that will certainly be beneficial to | | | | problem. |
| home buyers and homesellers. AB 1963(Leslie)Real | | | | The higher standards called for by AB 2429 |
| Estate Brokers License and AB 2429 (Negrete | | | | (Negrete McLeod) will also help protect consumers |
| McLeod)Real Estate Salesperson Licensure will | | | | that rely on the fact that an individual is licensed |
| benefit the consumer by providing higher | | | | by the State of California, and therefore assume |
| standards for those entering the real estate field | | | | that an individual is qualified to provide them with |
| via Department of Real estate licensing and | | | | quality services. Experience has taught us all that |
| opening more opportunities for accountability in | | | | the consumers¡¯ assumption of |
| the provision of quality real estate service. | | | | ¡°licensing¡± equaling |
| Currently, anyone with a four year degree can | | | | ¡°quality¡± service was |
| apply for a Broker¡¯s license without | | | | incorrect. Many consumers have suffered |
| having met the two year experience requirement. | | | | financially by hiring an inexperienced agent to |
| This enables someone without any real estate | | | | handle their real estate transaction, and there was |
| experience to conduct supervisory functions | | | | no way to undo the damage. This is another step |
| without any practical experience. The consumer | | | | in the right direction. |
| suffers when unqualified people are licensed to | | | | |