Washington License Law
Under Washington law, which statement about real estate commissions is TRUE?
ACommission rates are fixed by the DOL at 6%
BCommission rates are negotiable between the broker and client✓ Correct
CBrokers may not charge less than 3% commission
DSellers must pay at least 2% to the buyer's broker
Explanation
Washington real estate commission rates are negotiable between the broker and client. Fixing commission rates would violate antitrust laws. The DOL does not set commission rates, and there is no minimum commission requirement.
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