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Commonly Asked Questions about Washington Real Estate Forms

Can I work independently as a real estate agent in Washington? Real estate brokers must work under the supervision of a managing broker and must have their license associated with a brokerage. To work independently, you must be licensed as a managing broker and establish your own licensed business.
Gifting property. What do I need to know? There is a Real Estate Gift Supplemental form that must be signed by both parties, and must accompany a completed Real Estate Excise Tax Affidavit. These documents are filed in the Treasurers Office and are subject to a minimum filing fee if there are no taxes due.
In order to pass the Washington real estate exam, youll need a score of at least 70%. Passing the exam is much less stressful for anyone who has completed an Exam Prep course.
The Washington real estate broker exam includes 100 questions on the national portion and 30 questions on the state portion.
If youre approved to take the reciprocity exam, you have 6 months to pass the state exam and can retake it as many times as scheduling allows. If you dont pass within 6 months, you must submit a new application and license history.
Answer: You will take an electronic test that consists of 140 multiple-choice questions. The test is divided into two sections: 100 of the questions will make up the National portion of the exam; the remaining 30 questions pertain only to Washington. You must score a minimum of 70% on each section.
Pass the Washington Real Estate Broker Exam There are two portions of the exam: state and national. You have three-and-a-half hours to complete both sections of the exam. The state exam has 40 questions, and the national exam has 100 questions. All exams require a scaled score of 70% to pass.
Form A Brokers Contract Agreement/Listing Form Listing a property for sale is basically an agreement between the listing seller and agent, who is appointed to find a buyer and negotiate an agreement on behalf of the seller. The agent must obtain all the sellers details when listing a property for sale.