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Exam (elaborations)

WA Real Estate Exam Prep Questions and Actual Verified Answers Updated.

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The license law prohibits? A) Hiring a personal assistant if the broker has not been licensed for at least two years. B) A broker from showing properties to a buyer when under a contract to represent a seller. C) A broker from receiving a commission or compensation from more than one party without proper disclosure to all parties in a transaction. D) Showing multiple properties to buyers while under a contract to represent one buyer. - Answer C) A broker from receiving a commission or compensation from more than one party without proper disclosure to all parties in a transaction. Explanation: A broker is required to disclose how she is being compensated to all parties in a real estate transaction. If the broker receives compensation from more than one party, the broker must disclose that compensation to the parties in a transaction. A broker is not prohibited from working with multiple buyers or sellers when under contract to represent one seller or one buyer. There is no prohibition in the license law against a broker hiring a personal assistant at any time. Reference: Washington Statutes and Rules Governing the Activities of Licensees A designated broker may store documents and records of real estate transactions in an electronic form... A) provided that the records cannot be altered from their original forms. B) provided the parties of closed transactions agree in writing to their electronic storage. C) with written permission from the Department. D) provided that the original written records of the electronic records are maintained for at least five years. - Answer A) provided that the records cannot be altered from their original forms. Explanation: The license law permits transaction records to be stored in permanent media storage or electronic storage if their original forms cannot be altered and if they can be copied or printed upon request of the Department or another competent authority. No written permission is required from the Department or any party to the transaction. Reference: Washington Statutes and Rules Governing the Activities of Licensees A designated broker in Washington? A) Is a managing broker who receives an endorsement from the Commission to act as a designated broker for a real estate firm. B) May delegate all of her supervision responsibilities to a managing broker of the firm. C) Does not share responsibilities for supervision and management of licensees in a real estate firm.

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Uploaded on
October 24, 2025
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Written in
2025/2026
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Exam (elaborations)
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WA Real Estate Exam Prep Questions
and Actual Verified Answers 2025-2026
Updated.
The license law prohibits?

A) Hiring a personal assistant if the broker has not been licensed for at least two years.

B) A broker from showing properties to a buyer when under a contract to represent a seller.

C) A broker from receiving a commission or compensation from more than one party without
proper disclosure to all parties in a transaction.

D) Showing multiple properties to buyers while under a contract to represent one buyer. -
Answer C) A broker from receiving a commission or compensation from more than one party
without proper disclosure to all parties in a transaction.

Explanation: A broker is required to disclose how she is being compensated to all parties in a
real estate transaction. If the broker receives compensation from more than one party, the
broker must disclose that compensation to the parties in a transaction. A broker is not
prohibited from working with multiple buyers or sellers when under contract to represent one
seller or one buyer. There is no prohibition in the license law against a broker hiring a personal
assistant at any time.

Reference: Washington Statutes and Rules Governing the Activities of Licensees



A designated broker may store documents and records of real estate transactions in an
electronic form...

A) provided that the records cannot be altered from their original forms.

B) provided the parties of closed transactions agree in writing to their electronic storage.

C) with written permission from the Department.

D) provided that the original written records of the electronic records are maintained for at least
five years. - Answer A) provided that the records cannot be altered from their original forms.

Explanation: The license law permits transaction records to be stored in permanent media
storage or electronic storage if their original forms cannot be altered and if they can be copied
or printed upon request of the Department or another competent authority. No written
permission is required from the Department or any party to the transaction.

Reference: Washington Statutes and Rules Governing the Activities of Licensees



A designated broker in Washington?

A) Is a managing broker who receives an endorsement from the Commission to act as a

, D) Must be licensed three years as a managing broker of a real estate firm. - Answer A) Is a
managing broker who receives an endorsement from the Commission to act as a designated
broker for a real estate firm.

Explanation: The designated manager must be licensed as a managing broker. The designated
broker may delegate some responsibilities to a branch manager who must be licensed as a
managing broker. The designated broker and the branch manager are responsible for the
supervision and conduct of brokers and managing brokers in that branch office.

Reference: Real Estate Managing Brokerage Relationships



The director of licensing's duties include?

A) Establishing requirements for licensing of applicants licensed in other states.

B) Writing policies and procedures for Washington real estate firms.

C) Appointing managing brokers as branch managers for real estate firms.

D) Directing daily operations of real estate schools in Washington. - Answer A) Establishing
requirements for licensing of applicants licensed in other states.

Explanation: The director's duties include establishing minimum requirements for persons
licensed in other states applying for a Washington real estate license. The director is not
involved in the daily operations of real estate firms or schools. Designated brokers of real estate
firms are responsible for appointing branch managers and developing policies and procedures
that conform to Washington law.

Reference: General Rules



An out-of-state licensee with a license equivalent to a manager's broker's license...

A) may not practice real estate in Washington without a Washington real estate license.

B) may operate in Washington through a written agreement with a Washington designated
broker.

C) must pass a Washington state-specific exam before operating in Washington.

D) may act as a branch manager of a Washington firm. - Answer B) may operate in Washington
through a written agreement with a Washington designated broker.

Explanation: The out-of-state licensee must provide a copy of his real estate license to the
Washington broker, consent to jurisdiction in Washington, and advertise in the name of the
Washington broker while doing business in Washington in addition to signing a written
agreement with the Washington broker. He may not operate as a branch manager. No
examination is required for the out-of-state licensee who meets all requirements for practicing
commercial real estate in Washington.

Reference: Licensing Requirements

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