Licensure Requirements for a Broker
- Minimum age of 18
- High school diploma or equivalent
- Must register as a student on the PSI website
- Must complete 90 hours of pre-license education
- Pass the broker exam within 2 years of completing pre-license education
- Fingerprint background check
- Apply for license
Licensure Requirements for a Managing Broker
- Minimum age of 18
- High school diploma or equivalent
- Must have spent at least 3 years as an active, full-time licensed broker
- Must register as a student on the PSI website
- Must complete 90 hours of pre-license education
- Pass the managing broker exam within 3 years of completing pre-license education
- Fingerprint background check
- Apply for license
Step by Step Guide (Broker)
- Complete 90 hours of pre-license education through an Approved School
- Real Estate Fundamentals- 60 hours
- Real Estate Practices- 30 hours
- Register as a student on the PSI Website (For instructions, refer to page 3 of the Washington Candidate Handbook)
- Pass the broker exam (See below for more information)
- Complete Fingerprint Background Check
- Apply for license either online or with the application provided at the exam site
Step by Step Guide (Managing Broker)
- Complete 90 hours of pre-license education through an Approved School
- Brokerage Management – 30 hours
- Business Management – 30 hours
- Advanced Real Estate Law- 30 hours
- Register as a student on the PSI Website (For instructions, refer to page 3 of the Washington Candidate Handbook)
- Pass the managing broker exam (See below for more information)
- Complete Fingerprint Background Check
- Apply for license either online or with the application provided at the exam site
Obtaining a Washington license if you are already licensed in another state:
Refer to pages 2-3 of the Washington Candidate Handbook and to either the Broker or Managing Broker section of the Washington DOL website.
Exam Info
Broker: The exam costs $138.25 and is administered on a computer in multiple choice format. The national portion consists of 100 scored questions and 5 pre-test questions that do not affect your score. The state law portion consists of 30 scored questions and 5 pre-test questions that do not affect your score.
There is no distinction made between scored questions and pre-test questions on the exam. They are all mixed in together, so it is important that you answer each question carefully. You must achieve a scaled score of at least 70 to pass.
For more information on scoring, refer to page 12 of the Washington Candidate Handbook. You will have 3 ½ hours to complete the exam.
Managing Broker: The exam costs $138.25 and is administered on a computer. The national portion consists of 10 simulation problems. Nine of these are scored and one is a pre-test problem that does not affect your score. The state law portion consists of five simulation problems and could include one pre-test problem that does not affect your score.
There is no distinction made between scored questions and pre-test questions on the exam. They are all mixed in together, so it is important that you answer each question carefully. For more information on simulation problems, refer to pages 8-10 of the Washington Candidate Handbook.
You must achieve a scaled score of at least 75 on each portion to pass. For more information on scoring, refer to page 12 of the Washington Candidate Handbook. You will have 2 ½ hours to complete the national portion and 1 ½ hours to complete the state law portion.
- Schedule online at http://www.goamp.com/ or by calling 800-345-6559. You can also mail in the registration form found on page 15 of the Washington Candidate Handbook.
- For exam locations, refer to the PSI website
Fees:
- Exam Fee- $138.25
- Fingerprint Background Check Fee- $42.80
- License Fee (Broker)- $146.25
- License Fee (Managing Broker)- $210
- Research Fee- $10
- License Print Fee- $5