Supervision of Firms and Managing Firms. RCW 18.85 permits rennie’ designated broker to delegate duties to managing brokers by written agreement signed by both parties. A licensee must hold a managing broker’s license to supervise other licensees (including licensed assistants) in the performance of “real estate brokerage services”. However, a licensee who is not a managing broker may supervise activities of a licensed assistant that are not considered licensed activity (i.e. are not “real estate brokerage services”). The term “real estate brokerage services” (i.e. licensed activity) is defined at RCW 18.85.011(16) and includes: ● Listing, selling, purchasing, exchanging, optioning, leasing, or renting of real estate; ● Negotiating or offering to negotiate any of those services; ● Counseling or advising buyers, sellers, landlords, or tenants in connection with a real estate transaction; ● Issuing a Firm’s price opinion, collecting, holding or disbursing funds in connection with an actual or prospective real estate transaction, and performing property management services. DOL has stated that the following activities do not constitute “real estate brokerage services” for purposes of activities of and supervision of licensed assistants: ● Holding an open house that the licensee he/she assists has listed for sale; ● Showing properties to clients/customers which have already been shown to that client/customer by the licensee he/she assists; ● Providing information to the client/customer that the licensee he/she assists has provided to the assistant. No licensee may supervise licensed assistants engaged in activity other than the activity identified above without authorized written delegation from the designated Firm. Supervision of New Brokers All newly licensed brokers shall be subject to “heightened supervision” during the first two years of their licensure. New brokers subject to heightened supervision must: ● Participate in all required reviews of real estate brokerage agreements and services with the designated broker or authorized delegate;
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