Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Washington Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

35
Posts
22
Votes
Clayton Swansen
  • Handyman
  • Bellingham, WA
22
Votes |
35
Posts

Washington State Managing Brokers License Reqs

Clayton Swansen
  • Handyman
  • Bellingham, WA
Posted

Hi BP! I've found myself in yet another quandary that can only be solved by you gallant and intrepid investors in real estate. I've got a Washington State specific question that I just can't seem to find an answer for, and I'm hoping I might gleen an answer from the wealth of knowledge held in the razor sharp minds of this fine community... 

I am interested in starting a small property management firm, and I came across the fact that I must have a Managing Broker's License to do so. One of the requirements is that one must have three years of experience working full-time as an agent, and/or relevant training before he/she is eligible for the MBL. I do not have this experience. However, I spent many years in the military, and it just so happens that there is a caveat stating that military experience may suffice in lieu of this requirement...

"18.85.490 Military training or experience. An appli- cant with military training or experience satisfies the training or experience requirements of this chapter unless the director determines that the military training or experience is not sub- stantially equivalent to the standards of this state. [2011 c 351 § 6.]"

However, there is an issue of timeframe here, because in the MBL requirements it states that: 

"(c) Has had a minimum of three years of licensed experience as a fulltime real estate broker in this state or in another jurisdiction having comparable requirements within the five years previous to applying for the managing broker's license examination or is otherwise qualified by reason of practical experience in a business allied with or related to real estate as prescribed by rule;" 

SO, now for the big pay off, my friends who have held on this long... my question is (drum roll, please) must military service have been within the last five years in order to satisfy this requirement? And for that matter, is it only specific types of military service -perhaps pertaining somehow to real estate or land aquisition- that are acceptable?

Thank you kindly, BP'ers!!

Most Popular Reply

User Stats

1,488
Posts
425
Votes
Adrian Chu
  • Real Estate Broker
  • Seattle, WA
425
Votes |
1,488
Posts
Adrian Chu
  • Real Estate Broker
  • Seattle, WA
Replied

The alternate qualifications are listed in the following WAC, not RCW.

http://app.leg.wa.gov/wac/default.aspx?cite=308-12...

18.85.490 is from RCW 18.85 which is different than WAC.

"Military training or experience. An appli- cant with military training or experience satisfies the training or experience requirements of this chapter unless the director determines that the military training or experience is not sub- stantially equivalent to the standards of this state. [2011 c 351 § 6.]"

This chapter = chapter 18 of the RCW. Though, the WAC linked above is mentioned in the RCW.

I am not sure what 18.85.490 is supposed to refer to.  But I don't see how non-real estate related military experience would be a substitute to having real estate experience.

Loading replies...