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

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.

In addition to the cost of education and the application fee, there is an exam fee. For the most up-to-date cost, see the PSI Washington Managing Broker test details.

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.

A criminal record doesn’t necessarily disqualify a candidate, but they must be ready to answer legal background questions and provide documents if needed.

Applicants must be 18 years of age.

No, applicants do not have to be a resident of Washington to receive a Washington Managing Broker License.

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

Washington does not have direct reciprocity with any state.

The required 90 hours of coursework can be completed online.

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.