In Washington State, real estate professionals can hold one of two licenses:
Broker License: Entry-level license that allows you to represent buyers and sellers under the supervision of a managing broker. Brokers focus on client relationships, transactions, and day-to-day sales.
Managing Broker License: A higher-level license requiring additional experience and education. Managing brokers can supervise other brokers, run offices, and take on leadership roles in compliance, training, and business management.
Broker takeaway: Brokers handle transactions, while managing brokers oversee people and operations. Knowing the difference helps you advise clients and plan your own career path.
There are two types of licenses in Washington state, Broker and Managing Broker. This video provides a brief overview of the two licenses and the different jobs you can do with each.