-2027 Actual Complete Real Exam Questions And
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How are Washington commission members selected?
Appointed by the DOL director
Appointed by the governor
Elected by the public
Elected by the Washington Association of REALTORS® -
ANSWER -Appointed by the governor
If a Washington real estate firm has a branch office, who's
responsible for
ensuring that the affiliated licensees maintain
their licenses?
Branch manager
Broker
Designated broker
Managing broker - ANSWER -Branch manager
When homebuyers agree to open an escrow account for their
mortgage, the
,mortgage lender uses that money to
pay ______.
Escrow
fees
Insurance and
principal
Taxes and
insurance
Taxes and principal - ANSWER -Taxes and
insurance
What's true about broker responsibilities in Washington?
The only duties are those found in agency common law.
They include but aren't limited to those in the regulations.
They're limited to those duties outlined in the administrative
regulations. They're prescribed only in statutory law. - ANSWER
-They include but aren't limited to those in the regulations.
What kind of research does WCRER perform?
Affordable
housing
Individual licensing exam
pass rates
Licensing pass rates by
provider
,Washington cost of living - ANSWER -
Affordable housing
In Washington, designated brokers must ensure that all
contracts are submitted for recordkeeping at the brokerage no
more than ______ days after the parties sign the contract.
Five
Seven
Three
Two - ANSWER -two
Which of the following do a Washington broker, managing
broker, designated
broker, and real estate firm have in
common?
Each is considered a legal
person.
Each is considered a
licensee.
Each is considered a natural
person.
Each may hold a broker's license. - ANSWER -Each is
considered a licensee.
What is the maximum amount of time that can elapse between
completing the required coursework and applying for a
Washington managing broker's license?
, One year
Six months
Three years
Two years - ANSWER -Three years
Jean is a branch manager in Washington. For which of the
following tasks must
Jean have specific permission from her
designated broker?
Completing monthly trust
account reconciliations
Hiring branch office
licensees
Setting the hours that the
branch office will be open
Transferring or releasing branch office
licensees - ANSWER -Completing
monthly trust account
reconciliations
Washington's statutory duties specify that the licensees'
duties are limited to
those outlined under state statute. Based on this, which
of the following
statements is
true?