Michael Ackerman, a Seattle real estate broker who works for Coldwell Banker Bain, video blogs about the new Department of Licensing Law that started as of July 1st 2010. Real estate titles have changed. Agents are now known as brokers, fomrer brokers are now known as managing brokers, and former managing brokers are now know as principal managing brokers. If you have any questions or comments, please send an email to michaelackerman@cbbain.com or visit www.mackerman.com.