News & updates: Real estate brokers

Get the latest news about real estate brokers.

July 2024

Update for bill SSB 5191 Real Estate Agency Law

SSB 5191 clarifies language for WAC 308-124C-105 Required Records and adds “broker’s price opinion” to paragraph (2)(c) Other Records. This impacts all real estate brokers, managing brokers, firms, and consumers of the real estate brokerage services.

The Department of Licensing (DOL) held a rule hearing on May 23, 2024, with no objections by attendees. The changes above will take effect on July 14, 2024.

Thank you to the real estate commission and the members helping support the Department of Licensing.

Questions

For questions relating to real estate, please email REALESTATE@dol.wa.gov.

June 2024

Substitute Senate Bill (SSB) 5399 listening session

We want to hear from you! In partnership with the Washington State Real Estate Commission, we're hosting a listening session on SSB 5399. We want to hear from all industry professionals and stakeholders including:

  • Washington Realtors (WR).
  • Northwest Multiple Listing Services (NWMLS).
  • Brokers and Managing Brokers.
  • Industry attorneys.
  • Members of the public.

Things to think about before the listening session

  • How has SSB 5399 affected your business?
  • What issues or concerns do you have about SSB 5399?
  • What issues or concerns do you have about future listing right purchase contracts?

Join the listening session

June 28, 2024
9:00 a.m.

Join the Teams meeting
Meeting ID: 247 950 574 239
Passcode: FZrtCM
Call In (audio only): 564-999-2000 (Olympia) or 833-322-1218 (Toll-free)
Phone Conference ID: 772 740 873 #

Feel free to reach out to us with any questions at DOLBoards@dol.wa.gov.


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