The Department of Licensing (DOL) has made some new changes as they embrace the available technology. The DOL has offered the option to renew your license online, but is now going to be expanding the available options for brokers and managing brokers. They will be able to change their information (e.g. name, address, email), change their license status and order duplicate licenses. While the option to complete these tasks in paper form still exists, it is becoming a thing of the past.
The DOL is implementing the complete online system in three phases.
- The first phase will offer the ability to renew licenses, update personal information (name, address, adding an email address), and order duplicate licenses.
- The second phase will add functionality specific to firms, branch offices, and designated brokers.
- The third phase will incorporate changes to streamline the broker transfer process.
