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Washington State Real Estate End Of Course 2025/2026 Questions And Answers Guarantee A+

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WASHINGTON STATE REAL ESTATE END OF COURSE 2025/2026 QUESTIONS AND ANSWERS GUARANTEE A+

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WASHINGTON STATE REAL ESTATE END OF COURSE
2025/2026 QUESTIONS AND ANSWERS GUARANTEE A+
✔✔A broker can - ✔✔employ associate brokers and salespersons. Typically referred to
as affiliated licensees.

✔✔Commission or other monies by clients or other brokers go to - ✔✔The broker

✔✔Associate brokers and salespersons may only be paid by - ✔✔Their own broker

✔✔Temporary brokers permit may be issued by the Director to - ✔✔the most qualified
senior salesperson, in the event of the death or incapacitation of a broker. Permit is
valid for no more than 4 months.

✔✔Salespersons - ✔✔License may only be issued to an individual, authorized to work
w/ and represent his/her broker.

✔✔Business entities - ✔✔License names the firm and one member of the firm
(corporate officer, general partner) as its designated broker

✔✔License Qualifications (Broker, Associate broker) - ✔✔-18 years
-High school
-2 years of experience w/in last 5 as a RE salesperson in this state or one with similar
licensing requirements
-120 hour course, 30 broker management, 30 business management, 30 elective
-Applicant may satisfy the experience requirement by showing they were engage in real
estate related activities full time, or they were primary source of income, continuously
for a 2 year period.

✔✔License Qualifications (Salesperson) - ✔✔-18 years
-60 hour course fundamentals
-Salesperson Examination
-60 hour requirement waived by director for equivalent
-High school not required

✔✔License Application - ✔✔-Pass exam
-Exam results valid for 1 year
-criminals submit fingerprints

✔✔Interim License - ✔✔-Notification of passing test allows you to work on the date
he/she mails signed, dated, and completed license application form and license fee
-Completed form acts as Interim for 45 days
-No Interim for broker's or associate broker's license applicants

, ✔✔License Expiration/Renewal - ✔✔-Expires on they second birthday following
issuance of license
-After initial 2 year period license must be renewed every 2 years

✔✔Continued Education - ✔✔-brokers and salespersons 30 hours continued education
-3 hour core curriculum
-licensee can use a course to fulfill the continuing education
-Must have completed 15 hours of the 30 24 months before renewal date
-remaining 15 hours can be completed up to 36 months before the renewal date

✔✔Cancellation and Reinstatement - ✔✔-license is not renewed in 1 year after it be
cancelled
-license can be reinstated within 2 years after cancellation if (60 hour, pay back
renewal, penalties)
-If above is not completed cannot be reinstated

✔✔Inactive Licenses - ✔✔-Temporarily turned over to the director
-Holder is deemed to be unlicensed, however still subject to disciplinary action for
violations of license law
-Renew license on renewal date, usually not required to comply with the continuing
education for renewal
-Reactivation of license that has been inactive for more than 3 years, 30 hour course
-Salesperson may use 30 hour to both reactivate inactive license and satisfy renewal
requirements
-Cannot reactivate an inactive if proceedings to suspend or revoke license have begun

✔✔Change in address/name - ✔✔Director must be notified

✔✔License fees - ✔✔Are collected and placed in the Real Estate Commission account
in the state treasury

✔✔Seller's Agent - ✔✔Forms relationship with their client when a listing agreement is
created

✔✔Buyer's Agent - ✔✔Forms agency relationship as soon as they perform any real
estate brokerage services for a buyer, unless written statement says otherwise

✔✔Dual Agency - ✔✔-If the Seller's Agent and the Buyer's Agent in a transaction are
employed by the same broker, that broker is a dual agent
-Unlawful without WRITTEN consent from BOTH parties

✔✔Duties Owed to Any Party - ✔✔-Reasonable skill and care
-Honesty, good faith
-Present all written communications to and from either party in a timely manner
-Disclose Material Facts not apparently visible

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