Section 2: Getting A Real Estate License In Washington. Questions And Answers, Graded A+/| Latest Update 2024/25|
SECTION 2: GETTING A REAL ESTATE LICENSE IN WASHINGTON. QUESTIONS AND ANSWERS, GRADED A+/ Alternative Ways of Meeting Washington Licensing Requirements - --License applicants must complete 90 hours of approved pre-licensure coursework OR -Approved equivalent coursework from higher education or degree-granting institutions may be substituted -The DOL may approve courses completed out of state if the courses were offered by an approved institution and substantially meet Washington licensing requirements. Managing Broker Experience Requirements - -Managing broker applicants must have three years of broker experience OR Education and experience may be substituted for all or part of the experience requirement with:Experience in a field similar to or related to real estateCollege degree with a major in real estate combined with some sort of experience related to real estate (real estate broker, attorney, closing company, banking, land development, real estate investment, etc.) -Note: Any substituted experience must have occurred within the seven years prior to the application date. Examples of Substitute Experience - --College degree with a major in real estate with one year of experience as a broker or real estate attorney -Five years' experience at a decision-making level at a closing or escrow firm, in a lender's real estate finance department, or as an appraiser, real estate investor, or property manager, etc. To qualify using this alternative method, applicants must submit: - --An application form -A letter requesting approval of alternative qualifications -A statement of basis for approval -A detailed personal work history or resume and supporting documen
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