Washington § 18.85.471 Real estate research center—Purpose.(Expires September 30, 2035.)

Washington Statutes

§ 18.85.471 — Real estate research center—Purpose.(Expires September 30, 2035.)

Washington § 18.85.471

Title 18BUSINESSES AND PROFESSIONS

Ch. 18.85REAL ESTATE BROKERS AND MANAGING BROKERS

This text of Washington § 18.85.471 (Real estate research center—Purpose.(Expires September 30, 2035.)) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 18.85.471 (2026).

Text

(1)The purpose of a real estate research center in Washington state is to provide credible research, value-added information, education services, and project-oriented research to real estate licensees, real estate consumers, real estate service providers, institutional customers, public agencies, and communities in Washington state and the Pacific Northwest region. The center may:

(a)Conduct studies and research on affordable housing and strategies to meet the affordable housing needs of the state;

(b)Conduct studies in all areas directly or indirectly related to real estate and urban or rural economics and economically isolated communities;

(c)Disseminate findings and results of real estate research conducted at or by the center or elsewhere, using a variety of dissemination media;

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(1) The purpose of a real estate research center in Washington state is to provide credible research, value-added information, education services, and project-oriented research to real estate licensees, real estate consumers, real estate service providers, institutional customers, public agencies, and communities in Washington state and the Pacific Northwest region. The center may:

(a) Conduct studies and research on affordable housing and strategies to meet the affordable housing needs of the state;

(b) Conduct studies in all areas directly or indirectly related to real estate and urban or rural economics and economically isolated communities;

(c) Disseminate findings and results of real estate research conducted at or by the center or elsewhere, using a variety of dissemination media;

(d) Supply research results and educational expertise to the Washington state real estate commission to support its regulatory functions, as requested;

(e) Prepare information of interest to real estate consumers and make the information available to the general public, universities, or colleges, and appropriate state agencies;

(f) Encourage economic growth and development within the state of Washington;

(g) Support the professional development and continuing education of real estate licensees in Washington;

(h) Study and recommend changes in state statutes relating to real estate; and

(i) Develop a vacancy rate standard for low-income housing in the state.

(2) The director shall establish a memorandum of understanding with an institution of higher learning that establishes a real estate research center for the purposes under subsection (1) of this section.

(3) This section expires September 30, 2035.

Effective date — 2010 c 156: See note following RCW 18.85.451 .

Findings — 2002 c 294: See note following RCW 36.18.010 .