Senate Bill Report SB 5378 — Real Estate Brokers License Renewal Requirements (As of February 8, 2021)
Summary
Senate Bill Report SB 5378 as of February 8, 2021, for the Senate Committee on Business, Financial Services & Trade, on an act relating to real estate brokers and managing brokers license renewal requirements. The summary of the proposed substitute states that individuals completing the 90 hours of instruction before obtaining a broker's license, and brokers renewing for the first time, must complete three hours of instruction on fair housing and consumer protection issues, and that active licensed brokers making subsequent renewals must complete six hours. The Department of Licensing is directed to provide more specific training concepts within fair housing education after receiving input from listed entities. The appropriation is listed as None, and the effective date is June 1, 2022.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
- Issuer
- Congressional materials
- Document type
- Report
- Date
- 2021-02-09
- Case
- 2021 02 09 A28531 D227729 Bill Report 5378 Sba Bfst 21
Cite this document
“Senate Bill Report SB 5378 — Real Estate Brokers License Renewal Requirements (As of February 8, 2021).”
Original at app.leg.wa.gov, dated 2021-02-09. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-02-09-2021-02-09-a28531-d227729-bill-report-5378-sba-bfst-21/
, SHA-256 81f1894887042e86c2443dbe4ff210675895b9c93bf155aaa118edf8374789aa.Full text
SENATE BILL REPORT
SB 5378
As of February 8, 2021
Title: An act relating to real estate brokers and managing brokers license renewal requirements.
Brief Description: Concerning real estate brokers and managing brokers license renewal
requirements.
Sponsors: Senators Das, Nobles, Hasegawa, Lovelett, Randall, Saldaña and Wilson, C..
Brief History:
Committee Activity: Business, Financial Services & Trade: 2/09/21.
Brief Summary of Bill
• Specifies course instruction in fair housing and consumer protection
issues within existing continuing education requirements related to
obtaining and maintaining real estate brokers licenses.
• Directs the Department of Licensing to provide more specific training
concepts within fair housing education after receiving input from select
stakeholder groups.
SENATE COMMITTEE ON BUSINESS, FINANCIAL SERVICES & TRADE
Staff: Clinton McCarthy (786-7319)
Background: Real estate brokers and managing real estate brokers are licensed by the
Department of Licensing in the state of Washington. Under existing statute, real estate
brokers and managing brokers must fulfill the following criteria in order to obtain a real
estate broker's license:
• be at least 18 years old;
• have a high school diploma or equivalent; and
• complete 90 hours of approved real estate education within two years before applying
This analysis was prepared by non-partisan legislative staff for the use of legislative
members in their deliberations. This analysis is not part of the legislation nor does it
constitute a statement of legislative intent.
Senate Bill Report -1- SB 5378
for the exam, including a 60-hour course in real estate fundamentals, and a 30-hour
course in real estate practices.
The real estate education requirements are waived for qualified applicants currently licensed
in another state.
To maintain and renew a broker's license, a real estate broker or managing real estate broker
must complete an education requirement. Prior to renewing a broker's license for the first
time, a broker must complete 90 hours of education with the following requirements prior to
licensure renewal:
• 30 hours of an advanced practices course;
• 30 hours of a real estate law course;
• 3 hours of a current trends and issues in residential/commercial real estate in
Washington (CORE) course; and
• 27 hours of elective continuing education courses.
For subsequent renewals, a broker must complete 30 hours of required education in the
following:
• 3 hours of CORE education; and
• 27 hours of elective continuing education.
A broker's license must be renewed once every two years.
Summary of Bill: The bill as referred to committee not considered.
Summary of Bill (Proposed Substitute): Individuals completing the 90 hours of
instruction in real estate prior to obtaining their broker's license, and licensed brokers
renewing their license for the first time, must complete three hours of instruction on fair
housing and consumer protection issues. Active licensed brokers making subsequent
renewals to their license, must complete six hours of instruction on fair housing and
consumer protection issues.
The Department of Licensing is directed to provide more specific training concepts within
fair housing education after receiving input from the following entities:
• associations that represent real estate brokers and agents;
• Washington State Commission on African American Affairs;
• Washington State Commission on Hispanic Affairs;
• Governor's Office of Indian Affairs;
• Washington State Commission on Asian Pacific American Affairs;
• Washington State Human Rights Commission;
• Governor's Committee on Disability Issues and Employment;
• Washington State LGBTQ Commission; and
• Washington State Housing Finance Commission.
Senate Bill Report -2- SB 5378
Appropriation: None.
Fiscal Note: Requested on February 5, 2020.
Creates Committee/Commission/Task Force that includes Legislative members: No.
Effective Date: June 1, 2022.
Senate Bill Report -3- SB 5378
File and source
- File
- 2021-02-09_a28531_d227729_bill-report-5378-sba-bfst-21.pdf
- Size
- 8,218 bytes
- SHA-256
- 81f1894887042e86c2443dbe4ff210675895b9c93bf155aaa118edf8374789aa
- Original
- app.leg.wa.gov