WAS LEG Real Estate Research Center

Updated on: May 24, 2025

Latest Event


  • May 2025 WAS LEG Governor Approval
  • On May 19, 2025, WAS LEG reported bill approved as Ch. 362, effective Jul. 27, 2025.

On Apr. 27, WAS LEG passed bill on real estate broker license fee.

  • WAS LEG passed bill HB 1552 extending the fee on real estate broker licenses to fund the Washington Center for Real Estate Research and adjusting the fee for inflation.
  • Makes amendments to WAS LEG 18.85.451, WAS LEG 18.85.461, WAS LEG 18.85.471.
  • Bill Provisions
  • Increases the fee on real estate broker and managing broker licenses from $10 to $20.
  • Extend expiration dates of the real estate broker and managing broker license fees and Washington Real Estate Research Account from Sep. 30, 2025, to Sep. 30, 2035.
  • Legislative History
  • On Jan. 23, 2025, bill introduced in House; on Apr. 19, 2025, bill was passed in House.
  • On Apr. 22, 2025, bill introduced in Senate; on Apr. 26, 2025, bill passed in Senate.
  • On Apr. 27, 2025, bill delivered to the governor, pending action by the governor.
  • Effectiveness
  • Bill takes effect 90 days after adjournment of the session in which the bill is passed.
  • May 2025 WAS LEG Governor Approval
  • On May 19, 2025, WAS LEG reported bill approved as Ch. 362, effective Jul. 27, 2025.
Regulators
WAS LEG
Entity Types
Corp; IB; MG Orig
Reference
Ch. 362, 5/19/2025; Bill, HB1552, 4/27/2025; Citation: *WAS LEG* 18.85.451, 18.85.461, 18.85.471;
Functions
Compliance; Legal; Registration/Licensing
Countries
United States of America
Category
State
N/A
Products
Corporate; Mortgage
Rule Type
Final
Regions
Am
Rule Date
Apr 27, 2025
Effective Date
Jul 27, 2025
Rule ID
252946
Linked to
N/A
Reg. Last Update
May 19, 2025
Report Section
US Consumer