www.Koziel.com

    Our CA Elected Officers are not thinking clearly again!
 
Do you think of real estate agents as a member of the financial service sector?  Our we the same as mortgage lenders, pawnbrokers, banks, or credit unions?  The California legislators think we are!  AB33 (Nava), was approved by the Assembly Banking Committee.  The bill would abolish the Department of Real Estate along with the Department of Corporations, the Department of Financial Institutions and the Office of Real Estate Appraisers. The new Department of Financial Services would now have jurisdiction and responsibilities for these departments.  Since real estate agents do not provide financial services this seems strange to many of us.  We are the only group from the group listed above that are individually licensed agents (independent contractors) who have fiduciary agency relationship with our clients. 
 
When my children were little we watched TV and played the game "One of these things don't belong with the others" .  Perhaps we should sit our legislators down and play this game again!