http://www.cb.wsu.edu/~wcrer/1885taskforce/
As quoted from Washington State DOL website:
In December 2003, the Washington Department of Licensing, Real Estate Program appointed a task force, co-chaired by Real Estate Commissioners Jim Carollo and Cindy White, to study in detail whether the real estate license law ( 18.85 RCW), originally written in 1925 and amended piecemeal since then, was capable of administering current industry practices. If it was judged deficient, the task force was asked to propose either comprehensive revision to the existing statute or a total rewrite of the legislation. Task force members represented the full spectrum of real estate licensees and the firms with which they are affiliated
Summary Powerpoint presentation:
http://www.cb.wsu.edu/~wcrer/1885taskforce/18-85TaskForceRECommission_files/frame.htm
DOL sponsored forum for feedback:
http://www.cb.wsu.edu/~wcrer/Forum_LegProposals/topic.asp?TOPIC_ID=38
Detail of proposed changes:
http://www.cb.wsu.edu/~wcrer/1885taskforce/Z-0695.5.pdf
One of the most interesting and controversial changes being proposed is to change titles, eliminate “Salespersons” and create 3 levels of Brokers. In a sense give everyone the title of Broker. So far it is not clear what this accomplishes or what the intent of the change is. We will update you as we get further information.
Thr following from a powerpoint presentation outlines the breakdown.
3 Licensed Categories - Firm, Managing Broker and Broker.
• Firms designate one Managing Broker as “Designated Broker” with DOL
• Managing Broker can be designated as a “Designated Broker” for more than one Firm
• Higher level of supervision required for entry level Brokers (first 2 years)

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http://www.cb.wsu.edu/~wcrer/1885taskforce/
As quoted from Washington State DOL website:
In December 2003, the Washington Department of Licensing, Real Estate Program appointed a task force, co-chaired by Real Estate Commissioners Jim Carollo and Cindy White, to study in detail whether the real estate license law ( 18.85 RCW), originally written in 1925 and amended piecemeal since then, was capable of administering current industry practices. If it was judged deficient, the task force was asked to propose either comprehensive revision to the existing statute or a total rewrite of the legislation. Task force members represented the full spectrum of real estate licensees and the firms with which they are affiliated
Summary Powerpoint presentation:
http://www.cb.wsu.edu/~wcrer/1885taskforce/18-85TaskForceRECommission_files/frame.htm
DOL sponsored forum for feedback:
http://www.cb.wsu.edu/~wcrer/Forum_LegProposals/topic.asp?TOPIC_ID=38
Detail of proposed changes:
http://www.cb.wsu.edu/~wcrer/1885taskforce/Z-0695.5.pdf
One of the most interesting and controversial changes being proposed is to change titles, eliminate “Salespersons” and create 3 levels of Brokers. In a sense give everyone the title of Broker. So far it is not clear what this accomplishes or what the intent of the change is. We will update you as we get further information.
Thr following from a powerpoint presentation outlines the breakdown.
3 Licensed Categories - Firm, Managing Broker and Broker.
• Firms designate one Managing Broker as “Designated Broker” with DOL
• Managing Broker can be designated as a “Designated Broker” for more than one Firm
• Higher level of supervision required for entry level Brokers (first 2 years)

Leave a Reply

Check Spelling
Activate Spell Check while Typing
 
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