Instructor: Mark Kitabayashi
Every two years the Washington Real Estate Commission, together with the Department of Licensing contact brokers and other qualified 3rd parties, to determine what issues they may have experienced or observed. After the ideas have been thoroughly reviewed, the two real estate regulatory authorities traditionally break the subject matter into three main topics which are: Form Update, Legislative Updates and Business Practices.
Topics Covered in Current Issues in Washington Residential Real Estate 2022-2023
When to Use an Escalation Addendum
When NOT to Use an Escalation Addendum
Calculating the Sales Price
Evidence of Funds
Understanding the Notice Process
Terms of Closing and Possession
Early and Delayed Possession
Financing Contingency Addendum and Increased Down Payment Addendum
Increased Down Payment Addendum
Clarification on Protected Classes
Federal Housing Protected Classes
Additional Washington State Protected Classes
Landlord Tenant Act
HB 1138 (2019-2020)
HB 1694 (2019-2020)
HB 2535 (2019-2020)
HB 1440 (2019-2020)
SB 5600 (2019-2020)
HB 1462 (2019-2020)
HB 1236 (2021)
HB 5160 (2021)
Business Practices Update and Professional Standards
Raising the Bar
Managing Brokers Responsibilities
Duties and Authorities
Timely Presentation of All Written Offers
Things You Must Present
When Things Must Be Presented
Multiple Offer Scenarios
The Evaluation Process
Seller and Buyer Options
Risky Practices in Today Market
Bright Line Rule
This is a virtual class and DOL requires that you have a camera on and be engaged throughout the class to receive clock hours.
Please remember that 48 hours’ notice of cancellation is required to receive a refund.
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48-hour notice of cancellation is required for refund.