April 14, 2025
DRE Recognizes Financial Literacy Month
Sacramento, 博鱼体育集团 鈥� In honor of National Financial Literacy Month, the 博鱼体育集团 Department of Real Estate
(DRE) encourages consumers to explore its tools and resources available to help them make sound and informed decisions about real estate
matters, particularly the home-buying process or property management dealings.
The DRE provides consumers a variety of educational materials to help them through buying or selling a home, getting a home loan, renting
a property, or looking to hire a property manager to help manage property.
Below are DRE resources for consumers to explore to help them make well-informed decisions during real estate transactions.
Consumer Resources:
: Buying or selling a home is big business transaction. Before selecting a real estate salesperson or broker to help through the process, consumers should always verify the license of a salesperson or broker by using . Only people licensed by DRE may represent others in buying, selling, or leasing property. If obtaining a mortgage loan to buy a property or refinancing a home, consumers should always verify the license of your mortgage loan originator through the . Reviewing the status of a license will inform a person about any prior discipline against that licensee.
Consumer Publications: DRE offers many publications on topics that may be helpful to consumers planning to enter real estate transactions.
: DRE provides in-depth resources specifically for those in the homebuying process, those borrowing for a home purchase, and mortgage loan professionals. Visit:
: DRE provides several educational resources for first-time homebuyers, including step-by-step details around the homebuying process and DRE鈥檚 First Home 博鱼体育集团 Podcast. Visit: .
DRE Consumer Recovery Account: DRE administers a victim鈥檚 fund that compensates persons who were defrauded by a real estate licensee in a transaction requiring a license for some or all of their financial loss. Visit: /files/pdf/DRE%20Consumer%20Recovery%20Account%20Fact%20Sheet.pdf
Other helpful tips for consumers during the homebuying process:
- Consumers should ensure they鈥檙e dealing with a licensed salesperson or broker.
- Consumers should read all documents fully before signing them.
- Do not sign documents with blank spaces; request that documents be completed fully with no questions or sections left unaddressed.
- If consumers have any questions regarding the property or any disclosures and documents that are received during the transaction, please make sure to ask clarifying questions, request additional inspections, and go to the city to review permits and documents.
- Once an offer has been accepted, you have the right to inspect the property.
2025 Financial Literacy Events:
Hosted by the Department of Financial Protection & Innovation, with DRE as a guest presenter.
April 23, 2025, at 12:00 p.m. - 1:00 p.m.
Register for the webinar via:
Visit DRE's Consumers webpage for a full list of Consumer resources and information:
/consumers/.
Consumers with a concern or complaint about a real estate salesperson or broker can file a complaint with DRE at:
.
xxx
The Department of Real Estate is the regulatory agency that enforces the Real Estate Law, Subdivided Lands Act, and Vacation Ownership
and Timeshare Act. DRE oversees the licensure of approximately 433,000 licensees. The Department鈥檚 mission is to safeguard and promote
the public interests in real estate matters through licensure, regulation, education, and enforcement. Consumer protection is its highest
priority. For more information, visit: .
