What is BRE in real estate?

BRE Bureau of Real Estate. DRE Department of Real Estate.

What is a business activity report?

Activity reports can be in any type, but one of the most common which is also commonly used in any company is a business activity report. It is an activity report that refers to a summary of activities performed over a given period of time (usually a month or year) by a salesperson to the company's management.

Under what circumstances is a broker required to file a report documenting the yearly number and volume of escrows conducted?

Such brokers must file an annual report with the BRE if they conducted five or more escrows or if their escrow activities equaled or exceeded $1 million. The report is to be filed within 60 days following the completion of the calendar year.

What is threshold reporting in real estate?

Brokers who are exempt from the Escrow Law (California Financial Code Section 17006) and who engage in broker-controlled escrow activities for five or more transactions in a calendar year or whose escrow activities equal or exceed $1,000,000 in a calendar year will meet the escrow threshold and will, therefore, have to ...

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State of California Department of Real Estate Real Estate MATTERS! Mortgage Loan Business Activity Report RE 881 (Rev. 6/12) NAME OF REPORTING BROKER (CORPORATION OR INDIVIDUAL) MAIN OFFICE ADDRESS.

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