Legal Question in Real Estate Law in California

Re: Is it nessesary for a Real Estate Broker to be bonded?

Not necessarily. It depends on whether or not you are wherehousing credit lines. I'm also a real estate broker.

Re: Is it nessesary for a Real Estate Broker to be bonded?

A check of the Department of Real Estate's regulations shows 67 occurrences of the word "bond" or "bonded" (etc.).

Quickly combing through the DRE Regs, it seems to me that there is no general requirement that a broker be bonded. A bond may be posted as a substitute for a trust account where the broker handles client funds. Brokers who engage as principals in certain transactions may need to be bonded. Also, brokers who handle prepaid rentals apparently must post a bond for each location where they do business.

There may be other requirements as well. If you are a broker asking this question, you should check the regulations yourself, in detail. If, however, you are a member of the public, I would say in general and for most purposes brokers don't need to be bonded.