Washington Real Estate Fast Track Package

WA Principles Course Prep

Washington Real Estate Fast Track Package

Price: $288.00

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If you’re new to the Washington real estate industry, this package includes the pre-licensing education and exam prep you need.

Are you ready to get started? Access all of the necessary materials to take the Real Estate Fundamentals and Real Estate Practices courses, and get ready for the Washington real estate broker license exam – all with one convenient package!

Note: In Washington State, a real estate broker is the equivalent to a real estate salesperson in other states. If you decide to become a broker, you will get your managing broker license. Allied has the pre-license education you need for a broker license, not managing broker.

This school is approved under chapter 18.85 RCW; inquiries regarding this or any other real estate school may be made to the: Washington State Department of Licensing, Real Estate Program, P.O. Box 9015, Olympia, Washington 98507-9015.

Washington Real Estate Pre-Licensing Education

The Washington Real Estate Fast Track package includes the 90-hour pre-licensing requirement (60-hour Washington Real Estate Fundamentals and 30-hour Washington Real Estate Practices courses) and the state exam preparation materials. The course and materials are available online. You can take up to one year to complete the courses, and then prepare for the Washington real estate broker license exam.

The Washington pre-licensing courses are approved by the State of Washington Department of Licensing (DOL).

Washington Real Estate Practices Course

Washington Real Estate Practices is a required course that meets 30 of the 90 hours necessary to obtain a Washington real estate broker license. It is designed to teach you the practical, on-the-job skills that a real estate licensee needs to be successful. The course focuses on activities such as business skills and procedures; agency relationships; listing property; evaluating, pricing, and marketing property; negotiation and sales techniques; purchase and sale agreements; residential financing; and the closing process.

Course Materials

Online Text: Washington Real Estate Practices

9 Required Lessons – Each lesson includes an overview, objectives and assignments with a multiple-choice quiz and unit exam

Final Exam – 90 multiple-choice; Non-proctored

Course Syllabus

Course Objectives

  • Recall the factors necessary for success in a real estate career, the activities new licensees participate in brokerage offices, and the typical compensation plans for new licensees.
  • Classify the types of Washington real estate agency relationships including the various parties, the disciplinary actions, and the principles of ethical behavior.
  • Recognize the clauses in and types of listing and buyer agreements, the purpose of the seller disclosure statement, commission earnings, and the broker’s responsibilities regarding transaction files, fair housing, and anti-trust laws.
  • Recall the types of value, the factors that create, impact, and establish it, and the parties who determine value and listing prices.
  • Specify the goals and costs incurred when implementing a property-marketing plan and list the steps for preparing a property for showing and conducting a successful open house.
  • Recall the benefits of effective representation when making, negotiating, and presenting offers and counter offers.
  • Specify how to create enforceable contracts in real estate transactions, such as the Residential Real Estate Purchase and Sale Agreement and the Vacant Land Purchase and Sale Agreement.
  • Recall the guidelines and steps for qualifying the borrower and property for various types of loans and identify the closing statements and applicable disclosure laws associated with financing the transaction.
  • Solve real estate problems using math and basic formulas.

Washington Real Estate Fundamentals Course

The Washington Real Estate Fundamentals course includes 60 hours of pre-license education and covers basic real estate principles and Washington-specific information.

As a student, you will learn: the different types of real estate careers of a licensee and the associated activities; how to differentiate among the various types and shapes of houses and classify the characteristics of personal and real property; the Federal and state regulations that govern the use of land in Washington; how to distinguish ownership in severalty from undivided ownership; types of agency law; the different classifications and elements of valid contracts; the characteristics and guidelines of conventional, conforming, non-conforming, and government-backed loans; and the steps in the appraisal process and the escrow process, among other topics.

Upon completion of this course, you will be able to identify real estate terminology and to recognize Washington’s real estate laws and principles. This course will also help prepare you for your real estate licensing exam.

Course Materials

Online Text: Washington Real Estate Fundamentals

21 Required Lessons – Each lesson includes an overview, objectives and assignments with a multiple-choice quiz and unit exam

Final Exam – 180 multiple-choice; Non-proctored

Course Syllabus

Course Objectives

  • Identify the types of real estate careers and the activities of a real estate licensee.
  • Identify the various styles of architecture and the components that create them.
  • Identify the characteristics and legal description of real property.
  • Recall the types of ownership interests in real property.
  • Recognize the federal and state regulations that restrict and govern land use in Washington.
  • Identify the manner in which real property interests can be held, acquired, and conveyed.
  • Recognize the various agency relationships, the responsibilities of agents and principals, and the ways agency relationships are created and terminated.
  • Specify basic characteristics of contracts and identify the types of contracts used in real estate transactions.
  • Recall characteristics of and participants in the primary and secondary mortgage markets.
  • Identify the types of home loan programs available to borrowers and the underwriting process.
  • Recognize the finance instruments used to obtain a home loan.
  • Recall the purpose of an appraisal, the main appraisal methods used to develop an opinion of value, including their applications and methodologies, and the elements and economic principles that influence the opinion of value.
  • Classify the types of real property taxes and the possible income tax benefits of ownership in real property.
  • Recall the escrow and title services needed to ensure marketable title and to effect closings.
  • Designate the main functions of a residential property manager and recall the purpose and elements of management agreements and landlord-tenant agreements.
  • Recall the fair housing and consumer protection laws that affect the practice of real estate in Washington.
  • Recognize the Washington requirements to obtain and renew a real estate license and the conduct for which a Washington real estate licensee can be disciplined.

Washington Real Estate Exam Prep Online

Be prepared for the state exam the first time! The Washington online exam preparation materials provide you with an effective way to review what you’ve learned in your classes. Test your knowledge with hands-on prep and see what you know and what needs further review. You will receive a unique password, which gives you access for 90 days.

You will succeed with:

  • Over 2,000 questions - You can study questions and answers similar to those on the state exam. Get the practice you need with instant results!
  • Customized exam questions - You can create a study plan that fits your needs. Build your own exam by selecting topics you want to include.
  • Practice tests - You can take mock tests to prepare yourself for the state exam.
  • National and State focus - Be prepared with general real estate and state-specific questions.

110% Money Back Guarantee

110% Money Back Promise

Pass the real estate license state exam on the first try or get a full refund plus 10% of your entire package purchase price (less tax and shipping). If you are not successful the first time, simply return all course materials, along with your state failure notice within your initial enrollment term, and we will issue you an 110% refund. Refund applies to money that is actually received by Allied from the student, not including outstanding loan balances. Offer valid for only those who purchase any of applicable packages. Offer is subject to change without notice.

Learn more about Allied’s 110% Money Back Guarantee and applicable qualifying programs.

Prepare from your home or office! You can satisfy the 90-hour Washington state requirements and study for the real estate license exam through the use of your computer.

Enroll now or talk with an Allied Representative today.

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