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Nueva Era Rentals

  223 inquiries |
Rental Vacancy Listing Service |   Business Alert

13710 Studebaker Road, Suite 202
Norwalk, CA 90650
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(562) 409-0064

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Company Rating

F

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Customer Reviews

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Complaint Experience

N/A

Complaint Resolution Index (CRI)

Membership Information

This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.

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Complaints and Resolutions

Complaint Experience

N/A

Complaint Resolution Index (CRI)

BCA's Summary and Analysis:

We have received no complaints against this company.

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Complaint Closing Statistics

0 complaints against Nueva Era Rentals closed in last 3 years.
Complaints Type of response
0 Making a full refund, as the consumer requested
0 Making a partial refund
0 Agreed to make an adjustment
0 Refusing to make an adjustment
0 Refuse to adjust, relying on terms of agreement
0 Unanswered

Other Information

Company Info

Our company provides access to rental vacancies.

Primary Contact: Tom Swe Oo (Owner)
Business Started: N/A
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Licensing

California Department of Real Estate

Verified License

License Number: 00934890
Status: Revoked

California law requires anyone conducting a prepaid rental listing services to be licensed by the Bureau of Real Estate with a Prepaid Rental Listing Service (PRLS).  A real estate broker’s license will also satisfy this requirement. Anyone licensed to conduct such business, unless licensed as a real estate broker, must also maintain a bond in the amount of $10,000 for each location. You may check the status of a real estate broker  licensee by writing to BRE, 1651 Exposition Blvd., Sacramento, CA 95815, by calling 1-877-373-4542, faxing 916-227263-8943, or visit their website at http://www.bre.ca.gov. To verify licensing as a Prepaid Rental Listing Service visit http://secure.dre.ca.gov/publicasp/prls.asp to view a current active list of PRLS licensees.

For businesses outside of CA, please check with the appropriate agency.

As of July 7, 2016, the broker’s license, 00934890, issued to Tom Swe Oo from the Bureau of Real Estate is revoked and there is disciplinary action documented. For more information view the action by the BRE here


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Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

California law requires companies offering rental listings to enter into a contract with you before accepting their fee from you and the contract is subject to certain requirements. First it must expire no longer than 90 days from the time you execute it. It must include the name and contact information of the real estate agent or PRLS licensee, the service fee amount, and a description of the services that will be performed in exchange for the fee. The contract must specifically state what you are seeking in a property, your right to refund provisions, and outline the small claims court remedy that is available to you.


California law entitles customers to rights to a refund if:


·         Within five days of paying the PRLS they have not provided at least three “available” rentals meeting your specifications. A full refund must be provided in this case. (Consumers must deliver or send a written request by certified mail within ten days after the five-day period expires)


·         If the PRLS doesn’t locate a rental for a consumer or if the customer finds housing on their own within the time-frame of the contract, the consumer is entitled to a refund of all fees paid except for $50. (Consumers must submit their refund request within ten days of the expiration date of the contract through certified mail or in-person)


If a refund is not issued, a court of law can award up to $1,000 for damages. The quickest way to obtain a judgment is through a Small Claims Court


Complaints against rental listing services allege that the properties advertised do not exist or that the listings are not current and the properties were already rented were never for rent or authorized by the owner to be listed or do not meet the criteria of the person seeking the rental. Other allegations are that the properties listed were taken from ads in other sources such as newspapers or Internet websites. Refunds, even if provided for in the contract, are extremely difficult to obtain.


Other Considerations

Tom Swee Oo also operates Paradise Rentals which BCA has a separate report on. 



Before paying anyone a fee to provide rental listings consider using the services of a licensed real estate broker or other real estate professional. In California you may find a list of licensed Prepaid Rental Listing companies or check for enforcement actions by contacting the BRE website or call 877-373-4542. Consumers outside of California can check with your local real estate commission or authority for more information on rental listing services.

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