Real estate brokers and managing real estate brokers are licensed by the Department of Licensing in the state of Washington. Under existing statute, real estate brokers and managing brokers must fulfill the following criteria in order to obtain a real estate broker's license:
The real estate education requirements are waived for qualified applicants currently licensed in another state.
To maintain and renew a broker's license, a real estate broker or managing real estate broker must complete an education requirement. Prior to renewing a broker's license for the first time, a broker must complete 90 hours of education with the following requirements prior to licensure renewal:
For subsequent renewals, a broker must complete 30 hours of required education in the following:
A broker's license must be renewed once every two years.
The bill as referred to committee not considered.
Individuals completing the 90 hours of instruction in real estate prior to obtaining their broker's license, and licensed brokers renewing their license for the first time, must complete three hours of instruction on fair housing and consumer protection issues. Active licensed brokers making subsequent renewals to their license, must complete six hours of instruction on fair housing and consumer protection issues.
The Department of Licensing is directed to provide more specific training concepts within fair housing education after receiving input from the following entities: