Prepare for the Washington State Real Estate Exam with comprehensive quizzes that cover important topics. Our platform offers multiple-choice questions with hints and detailed explanations to help you understand key concepts. Get ready to ace your real estate exam!

Practice this question and more.


Is it true that Washington State real estate laws require brokers to provide written disclosure of their commission rate?

  1. True

  2. False

  3. Only for exclusive listings

  4. Only for residential properties

The correct answer is: True

In Washington State, real estate laws mandate that brokers provide written disclosure of their commission rates. This requirement ensures transparency in real estate transactions, allowing clients to understand and agree upon the financial aspects of the services being provided. By disclosing the commission rate in writing, brokers protect both themselves and their clients from potential misunderstandings regarding compensation. This obligation applies broadly, ensuring that all parties involved are clear about the terms before any agreements are made, rather than limiting the requirement to specific types of listings or property categories. This practice fosters trust and accountability within the real estate market.