How Do I Get a Washington Real Estate Managing Broker License?
To become a real estate Managing Broker in Washington, an applicant must meet the prerequisites:
- Be at least 18 years old
- Possess a high school diploma or its equivalent
- Be ready to answer legal background questions and provide documents if needed
- Submit your fingerprints for the background check (due every 6 years)
Once the prerequisites have been met, an applicant must:
- Complete 90-hours of commission-approved Managing Broker Pre-Licensing education
- Pass the coursework final exam with a score of 70% or greater
- Pass the state-issued Managing Broker License exam
- Submit license application to the state
How Long Does It Take to Get a Washington Real Estate Managing Broker License Online?
With the exception of the state-issued exam, the Washington real estate education required by the state can be completed entirely online. Therefore, the CE Shop offers 90-hour packages that can be completed online. If students complete 8 hours of coursework per day they could satisfy the requirement in as few as 12 days.
How Much Does It Cost to Get a Washington Real Estate Managing Broker License Online?
In addition to the cost of education and the application fee, those looking to acquire a real estate license will have to pay:
What is the Difference Between a Washington Broker License and Washington Managing Broker License?
A Broker is licensed to conduct business on behalf of a Managing Broker and cannot operate independently of a brokerage. A licensed Broker can become a Managing Broker if they complete the required education and examination requirements.
Can I Become a Washington Real Estate Managing Broker if I Have Felonies or Misdemeanors?
A criminal record doesn’t necessarily disqualify a candidate, but they must be ready to answer legal background questions and provide documents if needed.
How Old Do You Have to Be to Get a Managing Broker License in Washington?
Applicants must be 18 years of age.
Is Residency in Washington Required to Receive a Managing Broker License in the State?
No, applicants do not have to be a resident of Washington to receive a Washington Managing Broker License.
What Are the Continuing Education Requirements for a Real Estate Managing Broker in Washington?
Washington real estate Managing Brokers are required to complete at least 30 hours of Continuing Education every two years, including:
- A 3-hour Current Issues in Washington Real Estate Course
- At least 27 hours of other approved Continuing Education
Other things to note:
- At least 15 hours must be completed within 24 months of your renewal date
- You may also use up to 15 hours of unused Continuing Education completed within 48 months of your renewal date
- The hours must be started after the date of first licensure as a Managing Broker
Which States Does Washington Have License Reciprocity Agreements With?
Washington does not have direct reciprocity with any state.
Can I Get My Washington Real Estate Managing Broker License Online?
The required 90-hours of coursework can be completed online.
What Is the Average Salary of a Washington Real Estate Managing Broker?
According to Indeed.com, the average annual salary of a real estate Broker in Washington is $110,590, so theoretically, a Managing Broker would earn more.
