2022/2023 Current Issues in Washington Residential Real Estate

Overview

Every two years, the Washington State Department of Licensing (DOL) and Washington State Real Estate Commission (Commission) release a set Current Issues (CORE) curricula specifically designed to provide a mandated three-hour legislative, legal, and business practices update for real estate professionals. This course examines recent contract revisions, new legislation that's applicable to real estate professionals and best business practices for Washington real estate licensees. This course satisfies the Washington State three-hour core requirement for license renewal.

Learning Objectives

Upon completion of this course, a student should be able to:

  • discuss recent updates to common NWMLS forms, including the escalation addendum and evidence of funds addendum
  • identify when it is appropriate to use various available addenda in a WA real estate transaction
  • enumerate both the federally protected classes and the Washington State protected classes
  • explain recent changes to the Landlord Tenant Law Updates from the 2019-2020 & 2021 legislative session
  • illustrate the professional courtesies that licensees are encouraged to follow during all transactions and interactions with others
  • cite the responsibilities of the managing broker in a firm, branch office, or team leader role
  • articulate the requirements of "timely presentation" of offers
  • relate the benefits and pitfalls of multiple offer scenarios
  • summarize risky practices for listing brokers and buyer's brokers in an abundant market
  • relate recent changes in the VA and FHA loan programs

Designed For

All Washington licensees needing to renew their licenses. This course features the current issues in Washington Residential Real Estate.


Find this course for your license:

License or Certification

Regulator

Type