WA State Real Estate Exam || Most Recent Exam 2026-2027
Actual Complete Real Exam Questions And Correct Answers
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Who acts as an advisor to the Director of the Department
of Licensing? -
ANSWER -The Real Estate
Commission
How long must a managing broker provide a heightened level
of supervision to
a newly licensed broker as provided by rule of the Director? -
ANSWER -two
years
Passing the real estate broker examination requires a
minimum score of -
ANSWER -70
percent
Do some firms pay affiliated licenses a portion of the firm's
commission. -
ANSWER –
Yes
,For sales transactions, where does a copy of the earnest money
agreement, a copy of the final settlement statement, and any
addenda related to the accounting need to be kept? - ANSWER
--same location where the trust bank account records are
maintained.
-All required records shall be maintained at one location where
the broker is licensed. This location may be the main or any
branch office.
What is a characteristic of a real estate career? - ANSWER -
Licensees must get
along with people with various
personalities.
If the accounting system for the broker's trust fund is
computerized and the program has the ability to write checks,
the check number - ANSWER --must be preprinted on the check
or retained voucher copy by the supplier.
-check number must appear in the magnetic coding
Whenever a licensed entity owns a website or controls its
content, what should it have? - ANSWER -every page should
include both licensed firm disclosure and licensee disclosure.
When using the internet or public media to advertise or
promote real estate services or property, the licensee -
ANSWER -should have a banner ad that has full disclosure.
, When should trust funds be deposited in the designated
broker's real estate
trust account? - ANSWER -no later than the first banking day
following receipt.
Exceptions to trust funds being deposited on the following
banking day are: - ANSWER --when the earnest money
agreement states that a check is to be held for a specified
length of time or until the occurrence of a specific event -
money received as rent, contract payments, or mortgage
payments on real estate owned exclusively by the real estate
broker or the broker's real estate firm.
Interest-bearing trust accounts containing only security
deposits received from
tenants can be administered by a designated broker when
it is in a written
management agreement that the broker is what role? -
ANSWER –a
representative of the
landlord.
How long are all required real estate records must be available
for inspection by
the Director? - ANSWER -For a minimum
of 3 years
Actual Complete Real Exam Questions And Correct Answers
(Verified Answers) | Already Graded A+ | Guaranteed Success!!
(Verified Answers) Newest Exam | Just Released!!
Who acts as an advisor to the Director of the Department
of Licensing? -
ANSWER -The Real Estate
Commission
How long must a managing broker provide a heightened level
of supervision to
a newly licensed broker as provided by rule of the Director? -
ANSWER -two
years
Passing the real estate broker examination requires a
minimum score of -
ANSWER -70
percent
Do some firms pay affiliated licenses a portion of the firm's
commission. -
ANSWER –
Yes
,For sales transactions, where does a copy of the earnest money
agreement, a copy of the final settlement statement, and any
addenda related to the accounting need to be kept? - ANSWER
--same location where the trust bank account records are
maintained.
-All required records shall be maintained at one location where
the broker is licensed. This location may be the main or any
branch office.
What is a characteristic of a real estate career? - ANSWER -
Licensees must get
along with people with various
personalities.
If the accounting system for the broker's trust fund is
computerized and the program has the ability to write checks,
the check number - ANSWER --must be preprinted on the check
or retained voucher copy by the supplier.
-check number must appear in the magnetic coding
Whenever a licensed entity owns a website or controls its
content, what should it have? - ANSWER -every page should
include both licensed firm disclosure and licensee disclosure.
When using the internet or public media to advertise or
promote real estate services or property, the licensee -
ANSWER -should have a banner ad that has full disclosure.
, When should trust funds be deposited in the designated
broker's real estate
trust account? - ANSWER -no later than the first banking day
following receipt.
Exceptions to trust funds being deposited on the following
banking day are: - ANSWER --when the earnest money
agreement states that a check is to be held for a specified
length of time or until the occurrence of a specific event -
money received as rent, contract payments, or mortgage
payments on real estate owned exclusively by the real estate
broker or the broker's real estate firm.
Interest-bearing trust accounts containing only security
deposits received from
tenants can be administered by a designated broker when
it is in a written
management agreement that the broker is what role? -
ANSWER –a
representative of the
landlord.
How long are all required real estate records must be available
for inspection by
the Director? - ANSWER -For a minimum
of 3 years
