Extending the fee on real estate broker licenses to fund the Washington center for real estate research and adjusting the fee to account for inflation.

HB 1552 extends and increases the fee assessed on real estate broker and managing broker licenses in Washington state. The bill changes the fee's expiration date from September 30, 2025, to September 30, 2035, and doubles the fee from $10 to $20 for each original and renewal license. Funds collected from this fee are deposited into the Washington real estate research account. This account supports the Washington center for real estate research, which provides studies, information, and educational services on real estate topics, including affordable housing.