Whitman County Association of Realtors

June 17, 2021: Membership Meeting

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June 17 @ 12PM-1:30PM

Membership Meeting
Are You Ready for a Real Estate Audit?

Audit got you nervous? Ease your fears and prepare yourself by attending this membership meeting! Our speaker is Washington State Department of Licensing Audit Supervisor Cathy McDonald with the latest DOL enforcement guidelines on:

Register for the meeting at:

https://bit.ly/PACMLSmm0617

2021 Legislative Session Recap

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On Sunday, April 26th the Washington State Legislature adjourned Sine Die and put an end to the 2021 Legislative Session. It was a unique session in many regards. First, it was the first ever fully virtual session in Washington State history. Legislators used Zoom and Teams to (mostly) great success. Additionally, there were questions about what sort of impact COVID-19 would have on the State Budget and what sort of Federal funds might be available for help (the answers… very little and more than expected). Legislators identified priority issues for the 2021 Session—COVID-19 recovery, racial equity and justice, climate change, and tax reform—and generally prioritized those issues over others during the 2021 Session.

The Washington REALTOR® lobbying and volunteer leadership team was ready for this session and it ended with major wins.

[Read more…]

New License Retention Requirements for Real Estate

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What is changing?
Effective April 23, 2021, The Department of Licensing (DOL) no longer requires real estate licensees to give a paper copy of their real estate license to their firm or Designated Broker for retention.

The department also no longer requires the firm or branch license to be displayed at the licensed location.

Please Note: Your real estate firm may have different policies requiring a copy of your license. Check with your firm before making any changes.

Why is this change being made?
Printed licenses are no longer mailed to licensees or real estate firms or branches unless requested.

Licensees now receive an emailed electronic copy of their license. Real estate firms, and branches have access to their license and affiliated licensee roster through the online Business License Portal.

Who does this impact?
Real Estate Firms, Real Estate Branches, Designated Brokers, Managing Brokers and Brokers.

What will I need to do for an audit or if a consumer requests to see a license?
The Designated Broker and Branch Manager must have the capability of providing a copy of the firm or branch license and a list of affiliated licensees upon request of the department or the public.

From the online Business License Portal, a Licensee Relationships Report can be produced by following the steps below.

Who do I contact if I have additional questions?
Please email the Real Estate Audit Unit at REAudits@dol.wa.gov.