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Northwest MLS just released its Annual Report on sales and listing activity for 2023 within the 26 counties it covers in Western Washington. As the old saying goes, all real estate is local. This article contains numbers about the 2023 housing market in Western Washington only. An accurate market snapshot will help you stay better informed. Whether buying or considering putting your home on the market, the most essential tool is current, accurate, and relevant information. We provide you with this information every month. This article is the annual review for 2023, based on the numbers supplied by NWMLS. You will find crucial information in these most current real estate stats. If you need specific information about your neighborhood or the one you may be considering living in and don’t see it here, reach out, and we will get it for you.
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Real Estate Agency Law governs all real estate brokerages in Washington State. For the first time since 1997, the state legislature has made significant changes to this law that go into effect on January 01.2024. These changes are made to strengthen already robust consumer protections provided by the Department of Licensing. 

All licensees must provide the pamphlet Real Estate Brokerage in Washington State when they start providing services to any consumer. This pamphlet provides general information about real estate brokerage and outlines the laws related to real estate brokerage. You can access that pamphlet here. If you wish to review detailed and complete information about real estate brokerage relationships (Resl Estate Agency Law RCW 18.86), you can access that here.

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