law

Designated Broker and Heightened Supervision (Washington)

A Washington designated broker is responsible for the conduct of every licensee in the firm and must ensure compliance, monthly trust account reconciliations, written delegations, and written policies on home inspector referrals and supervision. Supervisory duties may be delegated in writing only to a managing broker, without ending the designated broker's ultimate responsibility. Brokers in their first two years receive heightened supervision: the designated or delegated managing broker must review their contracts within five business days of mutual acceptance and document the review.